YNAP has announced the launch of a new programme to boost development of AI-based technologies designed to transform the e-tail experience. That will include features such as visual search and virtual try-on.
Richemont mixed good news with bad on Friday as it delivered its full-year results, with the giant luxury group reporting resurgent demand in China on the reopening of its stores, but also a profits plunge.
Neiman Marcus Group is said to be preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak.
As part of its ongoing efforts to support gender diversity in tech roles, YNAP is launching a new internal sponsorship program. This sees it pairing rising female tech talent with senior leaders in its business.
One of the pioneers of online luxury retail, Yoox Net-A-Porter’s CEO Federico Marchetti, is to step down from his role in charge of the Richemont-owned group, although he will stay on as chair of the firm.