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Designing Size Inclusive Fashion Assortments

GERAD Research Center via YouTube

Overview

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Explore a seminar on designing size-inclusive fashion assortments in this 40-minute talk by Alireza Alavi from McGill University. Delve into the challenges faced by fashion retailers in balancing profitability with size inclusivity. Learn about a collaborative project with a major European online fashion retailer that aims to address the under-representation of plus-sized options. Discover a novel approach that integrates a measure of pairwise fairness among customer size groups into the assortment optimization problem. Examine the development of exact and approximate algorithms to find Nash equilibria in a zero-sum game model. Gain insights into how mixed strategy equilibria can be interpreted as displaying multiple assortments randomly and potentially concealing inventory. Analyze simulation results that demonstrate a significant reduction in unfairness with minimal revenue sacrifice, showcasing the practicality and efficiency of the proposed algorithm for fashion retailers seeking to enhance size inclusivity in their product offerings.

Syllabus

Designing Size Inclusive Fashion Assortments, Alireza Alavi

Taught by

GERAD Research Center

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