Zara betting on AI, big data to outflank competitors

Inditex, the world’s largest clothing retailer and owner of the Zara chain, faces growing competition from younger, online-only players like Boohoo.com and Missguided. Its rivals are churning out clothes at higher speeds – as little as one week from design to point of sale – refreshing their sites daily with hundreds of new items. In an attempt to keep its edge, the Spanish company is developing new technologies, hooking up with tech firms and hiring talent from start-ups. Read more…