Nextail

About

Nextail Labs, S.L. is a transformative technology company headquartered in Madrid, Spain, specializing in innovative merchandising solutions for fashion retailers. Founded in 2014, Nextail leverages advanced artificial intelligence (AI) and machine learning to empower brands and retailers to efficiently manage and forecast their inventory. The platform is designed to meet the evolving needs of the fashion retail industry, which has faced significant changes over the past decade, including shifts in consumer behavior influenced by digitalization and an increased focus on sustainability. The importance of data-driven decision-making in this sector cannot be overstated. Nextail's solutions facilitate crucial merchandising processes such as inventory rebalancing, store operations, allocation, and replenishment. This ensures that retailers not only meet localized consumer demand but also enhance their operational efficiency, resulting in increased sales and reduced stock levels. Leading fashion brands trust Nextail to automate mission-critical processes, achieving up to a 10% increase in sales while minimizing excess inventory and markdowns.