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Bangalore, February 13th, 2024 — Pepe Jeans, the iconic fashion and denim brand rooted in the vibrant culture of Portobello since 1973, proudly announces its strategic collaboration with Algonomy. In an exciting venture, Pepe Jeans has chosen Algonomy’s Merchandise Analytics technology platform to elevate its operational efficiency, enhance customer experiences, and drive profitability in an ever-evolving market landscape.
Leveraging Algonomy’s state-of-the-art Merchandise Analytics platform, Pepe Jeans will unify its data sources to make informed decisions. The integrated platform will provide a comprehensive analytical and predictive view across various facets, including sales, inventory, buying, assortment, pricing, promotions, operations and other key performance indicators (KPIs).
Additionally, The platform offers self-service capabilities, empowering Pepe Jeans to create new analysis within the Merchandise Analytics solution, fostering a culture of data-driven decision-making.
MD at Pepe Jeans, expressed enthusiasm about the partnership, stating
With the platform’s machine learning capabilities, Pepe Jeans is able to predict future selling prices based on price elasticity of demand. This greatly helps it optimize markdowns by considering historical sales, product lifecycle, inventory availability, events, and other relevant factors.
SVP – Business Development (APAC & MEA) at Algonomy