Impact Analytics Teams Up with Italian Footwear Players PittaRosso and Scarpe&Scarpe to Boost AI Strategy
Impact Analytics said it has partnered with Italian footwear players PittaRosso and Scarpe&Scarpe to implement “leading edge Generative AI solutions.”
The two brands collectively operate about 300 retail locations under each nameplate along with two e-commerce sites. The footwear brands fully merged last year.
Terms of the partnership were not disclosed, but Impact Analytics said the retail brands will implement its MondaySmart solution.
“MondaySmart provides AI-native business intelligence for retail executives, allowing them to make data-driven decisions by leveraging proactive insights,” the company said, noting that PittaRosso and Scarpe&Scarpe executives “will use this solution to provide strategic insights into how to grow sales and profitability.”
“With a combined portfolio of nearly 300 stores, it is critical that we optimize our clusters to ensure that we meet our customers’ high expectations,” said Valentina Labate, head of merchandise planning and allocation at PittaRosso and Scarpe&Scarpe. “Partnering with Impact Analytics will help us harness the power of our data and their AI and GenAI to position us for future growth.”
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Impact Analytics said its generative AI solutions are unique in the industry. “MondaySmart is an automated intelligent reporting system that maximizes the potential of users by automating repetitive calculations and consolidating data,” the company said. “It leverages machine learning to identify patterns to give business leaders a competitive edge.”
MondaySmart essentially identifies the causes of deviations in a business while also offering intelligent insights on how best to address any issues. “It helps retailers analyze the effectiveness of promotions and provides high-impact insight generation, giving visibility across geographies, customer segments, and merchandising hierarchies,” the company said.
Prashant Agrawal, founder and chief executive officer of Impact Analytics, said the company is honored to support PittaRosso and Scarpe&Scarpe, “and help improve their operational efficiency with our cutting edge Gen AI tool, MondaySmart. As a category, footwear can be very challenging to stock properly regardless of whether that’s in-store or online.”
Agrawal said for more than a decade, the company has empowered retailers “to proactively address their business challenges with our AI-native solutions. MondaySmart’s GenAI empowers retail executives to harness the power within their data to enhance productivity and make smarter business decisions that improve profitability.”
