Luxurynsight and Heuritech Merge to Revolutionize Data Intelligence for Luxury Brands

Luxurynsight and Heuritech Join Forces to Redefine Data Intelligence

In a strategic move set to transform the luxury, fashion, and beauty sectors, Heuritech has announced its official membership in the Luxurynsight Group, effective November 2024. This merger reflects both companies' ambitious vision to become the foremost provider of Data Intelligence Software as a Service (SaaS) for strategic decision-making in these industries.

As the leader in market research, Luxurynsight has cultivated a strong reputation as a trusted data partner for prestigious organizations, including LVMH, Chanel, Kering, L'Oréal, and many others. The inclusion of Heuritech’s innovative consumer insights enhances Luxurynsight's ability to offer comprehensive solutions that empower industry professionals to make informed, data-driven decisions.

Heuritech has been a game-changer in bridging artificial intelligence and business, allowing major brands, retailers, and manufacturers to predict market demand and upcoming trends with greater accuracy. Jonathan Siboni, CEO of Luxurynsight, stated, "The integration of Heuritech’s AI-driven product recognition and trend forecasting capabilities enhances our 360-degree view of market dynamics and consumer behaviors, giving our clients a competitive edge."

Investors, including Elaia and Serena, have expressed excitement about joining Luxurynsight’s shareholder group, which features notable strategic investors such as Christian Blanckaert (former Executive Vice President of Hermès) and Stanislas de Quercize (former CEO of Cartier). The combined expertise and resources of Luxurynsight and Heuritech position them strongly for future growth and innovation in the luxury sector.

Luxurynsight offers a suite of AI-powered SaaS platforms that cater to over 50 luxury, fashion, and beauty brands, providing unparalleled data-driven insights to optimize decision-making across various domains, such as competitive intelligence, marketing strategies, pricing, retail analysis, and investment opportunities.

Meanwhile, Heuritech is renowned for its cutting-edge AI-based visual recognition technology and predictive modeling for fashion brands. Its SaaS platform, which won the esteemed VivaTech LVMH Innovation Award, is recognized for delivering the most substantial and scalable datasets and accurate forecasting models, quantifying and predicting what consumers desire based on market facets and product types.

Both companies are enthusiastic about their future together and remain committed to delivering actionable insights that their clients increasingly require to stay ahead of market dynamics. With this merger, they set the stage for new innovations that will redefine how luxury brands leverage data for strategic advantage.

For more in-depth information about Luxurynsight and Heuritech, please check their exclusive page for industry insights and updates.

This collaboration exemplifies the power of combining domain expertise with advanced technologies, a critical factor in developing competitive strategies in today’s fast-evolving market landscape. As the luxury, fashion, and beauty sectors continue to grow, the integrated capabilities of Luxurynsight and Heuritech will be pivotal in shaping the future of data intelligence in these industries.