IBM news and archive

IBM and L’Oréal partner to leverage AI to advance sustainability

Global beauty company L’Oréal is collaborating with IBM to leverage the technology giant’s generative artificial intelligence (GenAI) to advance the creation of sustainable cosmetics. In a statement, the two companies said they will work together to build the first AI model that will uncover “new insights in cosmetic formulation data,...

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Retailers New Look and Next to pilot new supply chain platform

The UK Fashion and Textile Association (UKFT) is working with technology companies IBM, Tech Data, and the Future Fashion Factory to design, prototype and pilot a new technology platform to help the fashion and textile industry drive sustainability and profitability through increased transparency within the supply chain. The Sustainable Supply...

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IBM enters the fashion space with a blockchain platform to track sustainability

IBM (NYSE: IBM) and KAYA&KATO, a German uniforms and work wear manufacturer, have joined forces to develop a blockchain network for the fashion industry. The initiative counts on the support of the German Federal Ministry for Economic Development (BMZ) and is designed to create transparency about the origin of garments. The network will provide...

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Tech giants vow to double number of women managers by 2022

Forty-five tech giants committed Wednesday to doubling the number of women on their management boards to 30 percent by 2022, the French presidency said. Alibaba, BNP Paribas, Booking.com, IBM, L'Oreal and Uber were some of the high-profile companies to sign a pledge at the second "Tech for good" summit taking place in Paris. Businesses that...

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Yoox Net-a-Porter Group and IBM form "game-changing alliance"

London - Yoox- Net-a-Porter (YNAP), online luxury fashion retailer has joined forces with technological firm IBM to form a long-term strategic partnership which aims to enhance YNAP platform, share technology and develop a new think-tank. The new partnership aims to focus on enhancing YNAP omni-channel capabilities, built around customer-centric...