Bank 23 final 4 store

Industries / Fashion and luxury

Fashion and luxury. Cash: stock bought early and sold at a markdown.

Grip reads buying plans, store sales and supplier terms, season by season, and names the cash sitting in stock and leases, in AED.

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SAR 65 millionA Saudi fashion retailer's provision for stock it may not sell, charged in 2025.
Proven at Cenomi Retail

Source: Cenomi Retail (Fawaz Abdulaziz Alhokair & Co.), Consolidated Financial Statements FY2025. Cenomi Retail charged SAR 65 million of inventory provision to cost of sales in 2025 (SAR 56m in 2024) plus SAR 15.3m of direct write-downs to net realisable value (3.2m in 2024).

3 workflows

Where we start.

9 of 28 changes other fashion and luxury companies made. Open one to see the company.

01

Cash and working capital

Stock bought closer to the season, suppliers paid early at your bank's rate.

ReadsPurchase orders by order dateFactory country and delivery dateSupplier invoices and payment terms by supplierBank supply chain finance programme statements
Buy more stock closer to home and nearer the season, so less cash sits idle.
Proven at Inditex

Source: Inditex, Inditex Group Annual Report 2025 (consolidated annual accounts, directors' report and sustainability statement, year to 31 January 2026), directors' report business model and supply chain management (G1-2).

Offer suppliers early payment through your bank, at your own rate, without stretching your own terms.
Proven at Inditex

Source: Inditex, Inditex Group Annual Report 2025 (consolidated annual accounts, directors' report and sustainability statement, year to 31 January 2026), Note 21 net financial position.

Close or renegotiate weak stores on the date their lease allows, not before.
Proven at H & M Hennes & Mauritz

Source: H & M Hennes & Mauritz AB, H & M Hennes & Mauritz AB, Full-year report 2025 (1 December 2024 to 30 November 2025), expansion and store count.

02

Operations

Any item sold from any store, each piece carrying its material record.

ReadsSupplier declarations and material certificatesBill of materials by styleHR leaver records by storeRole and length of service
Give every item a digital record of its materials, built from paperwork you already hold.
Backed by research

Source: European Parliament and Council of the European Union, Regulation (EU) 2024/1781 (Ecodesign for Sustainable Products Regulation), Articles 9, 10, 13 and 18(5).

Count how many staff leave each store, and spend training money where losses are highest.
Proven at Inditex

Source: Inditex, Inditex Group Annual Report 2025 (consolidated annual accounts, directors' report and sustainability statement, year to 31 January 2026), sustainability statement S1-6 own workforce.

Open every store's and warehouse's stock to every sale, so any customer can buy any item.
Proven at Inditex

Source: Inditex, Inditex Group Annual Report 2025 (consolidated annual accounts and directors' report, financial year ended 31 January 2026).

03

Risk and compliance

Tariff exposure, big account balances and unsold pieces counted every year.

ReadsStock write-off journalDestruction and donation certificatesPurchase orders by factory and countryLanded cost sheets
Count each unsold piece destroyed, donated or recycled every year, with the reason, before the count becomes compulsory.
Backed by research

Source: European Parliament and Council of the European Union, Regulation (EU) 2024/1781 (Ecodesign for Sustainable Products Regulation), Articles 24, 25 and Annex VII.

Check how much a new tariff on your main sourcing countries would cost margin.
Proven at Gap

Source: Gap Inc., Annual report on Form 10-K for fiscal year ended 31 January 2026.

Show how much revenue and unpaid bills sit with your biggest accounts, and the risk.
Proven at Ralph Lauren

Source: Ralph Lauren Corporation, Form 10-K for fiscal year ended 28 March 2026.

The money at stake.

Public figures, each with its company and year. An estimate is marked.

USD 235.3 million

A global fashion group's allowance for retailer chargebacks and markdowns in fiscal 2025.

Proven at PVH

Source: PVH Corp., Form 10-K for fiscal year ended 1 February 2026, Schedule II and note on accounts receivable. PVH added 235.3 million dollars to its allowance for operational chargebacks and customer markdowns in fiscal 2025 (213.3 million in 2024), netting them against trade receivables after seasonal negotiations with wholesale customers.

Grip at work

What your Grip looks like.

A sample company, in AED. Yours is built from your own files.

What waits on each person today, one click from where to act. Sample figures.

What we stand on
01Money first

Every project shows the revenue, cost or cash it is worth, in your currency, from your own files, before you agree to it.

02Every project has proof

Every project runs on a client's Grip, was designed on our own Grip, or comes from a play a named company published, with the document we read it in.

03Your systems as they are

We read the systems you already use. Nothing to move, replace or clean up first.

04Value and money found in 2 weeks

A two-week pilot on one department, your first project live and its money delivered by Day 30, then one fixed monthly fee.

Questions

What fashion and luxury companies ask first.

Three answers, each with one public figure, its company and its document.

Question 1How can AI reduce cash tied up in stock in fashion and luxury?

AI reads buying plans, store sales and supplier terms, season by season, and names the cash sitting in stock and leases, in AED. For scale: SAR 65 million, A Saudi fashion retailer's provision for stock it may not sell, charged in 2025 (Cenomi Retail).

SAR 65 millionA Saudi fashion retailer's provision for stock it may not sell, charged in 2025.
Proven at Cenomi Retail

Source: Cenomi Retail (Fawaz Abdulaziz Alhokair & Co.), Consolidated Financial Statements FY2025. Cenomi Retail charged SAR 65 million of inventory provision to cost of sales in 2025 (SAR 56m in 2024) plus SAR 15.3m of direct write-downs to net realisable value (3.2m in 2024).

Question 2What does an AI transformation programme in fashion and luxury start with?

It starts with the revenue, cost and cash you are losing today, read from the systems you already use. One workflow goes first, usually cash and working capital, read from purchase orders by order date and factory country and delivery date.

Question 3How fast do fashion and luxury companies see results from AI?

A two-week pilot on one department finds the value and money in your own data before you commit. Your first project goes live, and its money is delivered, by Day 30.

The Perspace symbol resting on the water at blue hour

Start with one workflow.

Tell us what you want to fix. In a two-week pilot we find the value and money before you commit.

Discuss your business →See how we work →