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New Economic School

Return to Sender / Predictive Models

22 March 2024

 3 minutes
The study model enhanced by the neural network thus predicted return rates based on image and colour in addition to the baseline of seasonality, price, and type of garment.

Better Predictive Models Could Lead to Fewer Clothing Returns, Finds Study

Returns are the bane of any retailer and a new study suggests a scalable illustrative machine-learning model that could help reduce returns and improve profit by more than 8 per cent.

By
  • Staff Writer
Young India Fashion Survey 2025
Textile Recycling Expo
ITF Intertex Portugal 2025
Most Popular
Product Impact / New Study Report
Understanding that the environmental crisis is more than just carbon emissions will ensure that as companies work to reduce their carbon footprint, they are aware of how their business impacts the environment on other fronts. Failure to do so risks shifting impact from one category to another unknowingly.

Raw Materials and Manufacturing Account for 90% of Fashion Product’s Environmental Footprint

  • Special Correspondent

25 April 2025
Circularity Narratives / Crystal International Interview
To support actions against climate crisis, Crystal International announced in March 2022 its commitment to net zero emissions by 2050. It is part of Forum for the Future's Enabling Systemic Circularity in Fashion project. Forum for the Future is a leading international sustainability organisation focused on enabling systemic and urgent action in three potentially game-changing areas.

Focus Should Be on Collective Responsibility that Foster Transparency and Shared Accountability

  • Subir Ghosh

17 April 2025