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We are happy to launch our latest editorial briefing, powered by LY news, that uncovers examples of holiday campaigns from major luxury players in beauty, fashion, jewelry sectors to inspire and equip you with strategic insights as we step into a new year filled with opportunities.
Artificial intelligence is revolutionizing the way fashion brands operate, offering solutions to predict trends, analyze consumer behavior, and manage inventory with greater precision. As the fashion industry evolves, technology is proving to be a critical tool in staying competitive and meeting rapidly changing market demands. The article from L’Officiel Monaco delves into how Luxurynsight and Heuritech, now part of the Luxurynsight Group, are at the forefront of this shift. By harnessing the power of AI, we unlock next-level data intelligence for Luxury,
At the Comité Colbert’s 70th Anniversary Celebration in Shanghai, our CEO, Jonathan Siboni, shared valuable insights on the shifting dynamics of the luxury market, highlighting how brands needed to adapt to changing consumer expectations in a world where meaning and authenticity mattered more than ever. Our CEO highlighted "Sales were down but, paradoxically, purchases continued to grow overall." He added, "Brands were facing an audience of insiders, fed by social networks, who were much more interested in the stories behind the brands than in their logo. The challenge was to find the right way to tell them, and at the right price." Thank you, Sibylle Grandchamp from La Tribune, for the feature!
"The acquisition of Heuritech connects us to real-time demand."— Jonathan Siboni, Luxurynsight
ers leaders in the industry with the tools to analyze and predict consumer trends more accurately, providing actionable intelligence for strategic planning. Together, they are setting a new standard in data intelligence, ensuring brands remain agile and competitive in a fast-paced environment. Read the full article on AI Model Agency. A special thanks to journalist Luca Arrigo for the feature!
The union of Luxurynsight and Heuritech marks a significant leap forward for the luxury, fashion, and beauty industries. By merging Luxurynsight’s expertise in market intelligence with Heuritech’s cutting-edge demand prediction technologies, this partnership delivers a comprehensive solution designed to empower professionals with actionable insights.
A special thanks to journalist Diane Vanderschelden for the feature!
The union of Heuritech with Luxurynsight Group marks a pivotal step forward for the luxury, fashion, and beauty industries. By joining forces, the two companies offer complementary expertise, integrating Heuritech’s AI-powered trend forecasting and product recognition with Luxurynsight’s data-driven analytics.
The integration of Heuritech into Luxurynsight Group signifies a bold move towards transform
The union of Heuritech with Luxurynsight Group marks an exciting chapter for the luxury, fashion, and beauty industries. By combining Heuritech’s cutting-edge AI trend forecasting capabilities with Luxurynsight’s data-driven intelligence, this operation creates a complementary offering designed to empower brands to navigate and excel in dynamic markets.
As from November 2024, Heuritech has officially joined the Luxurynsight Group. This strategic operation marks a major step forward the group’s vision to become the global Data Intelligence SaaS leader for strategic decision-making in the Luxury, Fashion and Beauty industries. This union reinforces Luxurynsight's renowned expertise in market intelligence with Heuritech’s cutting-edge demand prediction technologies creating a powerful, all-encompassing solution for professionals across the industry to make more informed, data-driven decisions. Luxurynsight built its reputation as the trusted data partner for prestigious Groups and Maisons such as LVMH, Kering, Richemont, L’Oréal, Dior, Bulgari, Balenciaga etc. Heuritech bridges the gap between AI and business by empowering brands such as Nike, Prada or Decathlon to forecast demand and trends based on 3 million social media images analyzed per day. “The addition of Heuritech AI-powered product recognition and trend forecasting strengthens our ability to provide a full 360-degree view of market dynamics and consumer behaviors, enhancing our clients' competitive edge" said Jonathan Siboni, CEO of Luxurynsight. Elaia and Serena investment funds are happy and proud to join Luxurynsight's shareholder base alongside historic strategic shareholders such as Christian Blanckaert (ex EVP of Hermès), Stanislas de Quercize (ex CEO of Cartier), Isabelle Gex (ex President of Shiseido Fragrance), Pierre Denis (ex CEO of Jimmy Choo), Boris Collardi (ex Managing Partner of Pictet, ex CEO of Julius Baer), Sandrine Zerbib (ex President of Adidas China), etc. Luxurynsight and Heuritech are very excited about the future and dedicated to continue delivering actionable insights that clients increasingly need to stay ahead of market dynamics. About Luxurynsight - Luxurynsight provides a suite of AI-powered SaaS platforms to over 50 luxury, fashion and beauty Groups, Maisons and retailers. It supports them in unparalleled data-driven analytics to optimize decision making in Competitive Intelligence and Marketing (LY News, LY Watch), Pricing (LY Price), Retail (LY Retail) or Investment. About Heuritech - Heuritech developed a world leading AI-based visual recognition technology and forecasting model for fashion brands. First recipient of the VivaTech LVMH Innovation Award, its SaaS platform brings the largest, most scalable dataset and most accurate forecast model for brands to quantify and predict what people wear by market and typology (products, colors, etc.). For more information, please visit our dedicated page: https://heuritechjoins.luxurynsight.com/ Or contact via press@luxurynsight.com | celine.cattoen@wellcom.fr
As the luxury market adapts to evolving consumer behaviors and global economic shifts, the latest insights from Luxurynsight reveal key strategies driving resilience and growth within the sector.
Luxurynsight group is proud and honored to welcome Heuritech, French pioneer in AI and first recipient of the VivaTech LVMH Innovation Award.