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A globally renowned luxury fashion brand partnered with Vue.ai’s INTURN tool to eliminate costs and strategically react to market demand. This brand employs 400+ employees, generates $80 Million in revenue annually, and operates 100+ points of sale worldwide with a premium wholesale business in Europe, the Middle East, and Asia.
Before using the INTURN tool, the brand’s process for selling excess inventory was manual, time-consuming, and prone to overselling. These inventory challenges stemmed from four root issues:
Using the INTURN tool, the brand was able to streamline the selling process, freeing up time for the sales team to more effectively prioritize tasks via these four solutions:
These four inventory management solutions led to two staggering results that improved the luxury brand’s off-price business:
There you have it — how a global luxury fashion brand worked with Vue.ai’s INTURN tool to eliminate costs associated with their off-price business and strategically positioned itself to react to market demand. What changes can you make to improve your off-price model? Get in touch here.
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