• Leading Italian fashion retail group selects Nextail’s solutions to empower its demand forecasting and inventory optimization capabilities, and drive operational efficiencies across its brands.
  

Madrid:  Nextail, the leading merchandise planning platform for fashion, is proud to announce its agreement with renowned Italian retailer, Teddy Group, best known for its brands Terranova, Calliope, Rinascimento and QB24. The agreement aims to future-proof core merchandising processes by adopting an agile inventory model, powered by Nextail’s advanced AI-driven demand forecasting and optimization solutions.

Founded in 1961, Teddy Group operates more than 840 stores across 39 countries under its four well-known brands. By upgrading to Nextail’s solutions, Teddy Group will better capture granular insights into consumer demand patterns, improving stock efficiency and aligning inventory with customer needs across its global store network.

Additionally, as Teddy Group continues on its ambitious global expansion, Nextail will provide the automation and scalability necessary to support this growth. By automating key processes and improving operational speed, Teddy group will be able to quickly adapt to changing demand patterns, ensuring operational efficiency and profitability as they scale their operations.

Roberto Catallozzi, Head of Global Operations at Teddy Group, shared his enthusiasm for the partnership: “Our commitment to digital excellence is what led us to partner with Nextail. Hyper-local, data-driven insights keep our customers at the very heart of every decision we make, while AI-driven demand forecasting allows us to future-proof our operations and stay flexible in meeting customer needs, even amid today’s rapidly changing market conditions.”

Nextail VP of Sales, Carlos Casado, commented on the partnership: “It’s a privilege to collaborate with an iconic fashion group like Teddy, ready to push the boundaries of innovation. Together, we’ve defined a strategy that aligns with their values while driving operational improvements. With Nextail, we’re confident Teddy Group will see key gains as they continue to grow and thrive in a competitive market.”

About Teddy Group
Teddy Group, founded in 1961 in Rimini, is a key player in the fashion industry. The group operates more than 840 stores across 39 countries, with popular brands such as Terranova, Calliope, Rinascimento, and QB24. Teddy Group’s extensive global retail presence, which spans flagship stores and an expansive wholesale network in 75 countries, reflects its continued growth and commitment to staying at the forefront of fashion. Remaining true to its founder Vittorio Tadei’s vision, Teddy Group not only focuses on business success but also contributes a portion of its profits to charitable initiatives in Italy and internationally, embodying the company’s enduring values of responsibility and generosity.