Top fashion retailers, brands hiring more data professionals: Nextail

In fact, there are 8.2 data-related employees per $1 billion of revenue among indexed retailers, according to a press release from Nextail.

The annual Retail Data-Forwardness Index (RDI) measures how much of their overall budget fashion businesses are investing in data science, data analysis and artificial intelligence (AI) by way of such hires. It divides the number of data-related employees by overall revenue for each retailer and creates a score then ranked against comparable retailers and brands.

The RDI shows that sportswear businesses and the big North American corporations are investing the most, hinting that they will be the ones best placed to benefit in the new retail landscape. Standout brands include Nike and Levi Strauss & Co. which head this year's rankings.

ALCHEMPro News Desk (DS)