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Agenda-setting intelligence, analysis and advice for the global fashion community.

Fashion’s New Approach to Setting Prices

Artificial intelligence is replacing intuition when it comes to determining what shoppers will pay.
Jeans hang on a rack in a Levi's store.
Levi's is using AI to help set prices on its products. (Shutterstock)

Surging inflation has put fashion businesses in a tough position. They can generally either raise prices and risk losing shoppers, or absorb the higher costs and let their margins take the hit.

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About the author
Marc Bain
Marc Bain

Marc Bain is Technology Correspondent at The Business of Fashion. He is based in New York and drives BoF’s coverage of technology and innovation, from start-ups to Big Tech.

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