Fusemachines expands AI deal with luxury handbag retailer

Fusemachines Inc. (NASDAQ: FUSE) has expanded its collaboration with an unnamed global luxury handbag retailer to broaden AI capabilities across demand planning, pricing prediction, and merchandising operations, according to a press release from the company.

The retailer operates more than 1,000 retail locations worldwide, with an omnichannel presence spanning North America, Europe, and Asia. The company serves customers through retail stores, e-commerce platforms, and wholesale channels.

Under the expanded engagement, Fusemachines will continue delivering AI solutions focused on demand forecasting, pricing optimization, and inventory planning, combining machine learning with retail domain expertise.

"AI is fundamentally changing how retailers plan demand, manage inventory, and make pricing decisions," said Dr. Sameer Maskey, Founder and CEO of Fusemachines. "The expansion of this long-term collaboration reflects the value AI can create when embedded into critical business processes."

Maskey also referenced plans to incorporate agentic AI capabilities that could monitor business conditions, recommend actions, and automate portions of planning and pricing workflows.

Founded in 2013 and headquartered in New York, Fusemachines provides enterprise AI products and services to clients in retail, manufacturing, and government sectors.

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