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How retailers are embracing AI

In terms of retail, Artificial Intelligence involves the use of automation, data, and technologies such as machine learning algorithms to elevate the customer experience, optimize business performance. ....

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Fashion's Fragile Recovery in Latin America

Fashion's Fragile Recovery in Latin America
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

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Argentina Makers Look to Build on Strong January Apparel Exports – Sourcing Journal


A weakening peso and demand hike from main trading bloc partners Brazil, Uruguay, Paraguay and Bolivia, propelled the gains. Simultaneously, local manufacturers breathed a sigh of relief as China’s yuan appreciated against the peso, undermining sub-valued garment imports that have strangled local purveyors for years.
Unfortunately, however, the January gain was a one-off event. Foreign sales dropped 4 percent in February and were expected to come in flat in March, according to Francisco Roca, chief economist at key apparel trade lobby CIAI.
As global markets recover from Covid-19 and the peso remains depreciated, Roca expects exports will stage a modest recovery this year, to the tune of 1 to 2 percent, but far from the gains seen before the pandemic hit Latin America’s No. 3 economy. ....

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