Greendeck wins “Startup of the year” Award at Retail Week London
I’m really glad to share that Greendeck has won the award for “Startup of the year” at the prestigious Retail Week Tech conference held in London last month!
The conference was a huge gathering of over 2,000 people, spanning across hundreds of big brands, retailers, technology companies, investors and startups were in attendance for the two-day mega event (more info here).
75% of all fashion products globally are sold at a discount. This amounts to $400 Billion lost revenue annually. Pricing is the most vital lever affecting profit, yet it often takes a backseat. We talked about how we are using artificial intelligence to help retailers and brands increase revenue and improve profits.
The Judges said “the market is there” for Greendeck to capitalise on and that its model “makes perfect sense”.