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Bits & Bytes | Digital Darwinism, 45 Percent of Retailers Plan to Use AI

This week, how to survive in an age of ‘digital darwinism’ and why deep knowledge of logistics and tech is more important than fashion and marketing expertise for today’s apparel CEOs.
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By
  • Megan Doyle

Op-Ed | The Age of Digital Darwinism (The Business of Fashion)
"E-retailers need to run faster than the wind and only the ones growing at 50 percent plus year-on-year while maintaining an agile, inventory-light model will generate superior shareholder value."

Technology and Logistics, Not Fashion, Makes Today's Apparel CEOs (San Francisco Chronicle)
"Mickey Drexler's recent decision to resign as J. Crew chief executive officer is perhaps the most stark reminder that fashion and marketing expertise alone can't rescue an industry besot by rapid demographic and technological change."

Survey: 45% of Retailers Plan to Use AI in Next Three Years (Retail Dive)
"AI's ability to automate and learn from customer interactions, and then predict in many cases how those interactions could play out make it a very practical technology tool for retailers to have in their tool chests."

NASA's Wild Textile is Basically Chain Mail From the Future (Wired)
"Researchers spent the last two years developing a metallic space fabric made of interlocking stainless steel squares. It looks like chain mail, but unlike the ancient armour, NASA's fabric isn't welded together."

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