Detego develops and distributes highly innovative fashion retail software delivering real-time analytics and merchandise visibility at item-level, providing a digital transformation of physical garments.
This provides an innovative SaaS solution for global fashion retailers to track garments accurately throughout the supply chain to the point of sale.
There is a €4bn market, and 82% of fashion sales still occur in physical stores, but stock-outs and shrinkage caused by 30-40% inventory inaccuracies are a US$1.1trillion issue for retailers worldwide.
Detego uses patented RFID (Radio Frequency Identification) technology to track every garment with an in-built chip from manufacture through to sale. This real-time solution delivers 99% inventory accuracy and revenue increases of 10-15% for fashion retailers.