Markmi news and archive

Hold your nerve: why this autumn’s markdowns need more than a spreadsheet to be successful

It is 24 degrees in late September. The shop windows are full of wool coats, the shoppers walking past are in T-shirts, and a few doors down the first sale signs are already up. In a first look at markdown activity this September, our team at Markmi, which builds an AI-enabled markdown management assistant for fashion retailers, noticed a lot of...

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Markmi raises 1.1 million euros in seed funding

Belgium-based fashion tech startup Markmi has raised 1.1 million euros in seed funding to accelerate the rollout of its AI-driven markdown assistant across Belgium, the Netherlands, the Nordics, and the US later this year. The round included backing from fashion and tech investors, including Wolf (Luc Van Mol, ex-ZEB), the Torfs family, and tech...

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More Margin, Less Hassle: Markmi’s AI Assistant Optimizes Fashion Markdowns for Better Results

Markdowns are an unavoidable part of fashion retail, but they’re also one of the biggest cost drivers. Discounting too soon means unnecessary margin loss, while waiting too long leads to excess inventory. Many fashion retailers are still stuck in time-consuming spreadsheets, with merchandising teams spending hours manually analyzing data in...