Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Gap acquires ecommerce startup Drapr

Gap acquires ecommerce startup Drapr

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Gap Inc. has acquired Drapr, an ecommerce startup and online application based on technology that enables customers to quickly create 3D avatars and virtually try on clothing.

The group said it will utilise the technology for its customers in a move aimed at boosting its digital transformation

Drapr was founded by David Pastewka, Will Drevno and Richard Berwick, who have collaborated on 3D technology for over a decade with early support from Boost VC and Berkeley SkyDeck.

The deal was brokered by Gap’s strategic growth office led by Sally Gilligan, a unit of the company “charged with thinking beyond its core business in order to meet the consumer and industry demands of the future”. 

Gilligan, chief growth transformation officer at Gap, said: “Through their advanced 3D technology, Drapr has shown it can help shoppers efficiently find the size and fit they need. 

“We plan to leverage Drapr to help Gap Inc. improve the fit experience for our customers and accelerate our ongoing digital transformation.”

Dadvid Pastewka,Drapr co-founder and CEO, added: “Most people either don’t know their exact measurements or are looking for a specific type of fit that numbers alone can’t tell them. Drapr has proven effective and we are excited about the impact we can have on customers at scale as part of the Gap Inc. family.”

Previous Post
Man charged with food contamination at London grocery stores

Man charged with food contamination at London grocery stores

Next Post
Contactless limit to hit £100 in October

Contactless limit to hit £100 in October