According to a 2021 study by Juniper Research, 96% of surveyed retail Executives plan to invest in AI soon. In 2018, Reuters reported that the Spanish apparel retailer Zara was incorporating artificial Intelligence (AI) into its business strategy and supply chain to keep up and beat its competitors.
Seeing these statistics, many retailers may now feel compelled to find out how they can implement Artificial Intelligence and Data Science to their business operations – and with good reason. From Inventory Optimization to Trend Forecasting, the practical cases of Machine Learning in the fields of Fashion are varied and ubiquitous.