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Dresos

UAE
Market: Artificial Intelligence
Stage of the project: Operating business

Date of last change: 16.08.2022
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Idea

DRESOS is on a mission to redefine how people do shopping in fashion retail.
Supported by data and AI, DRESOS delivers outfits people love and makes the customer journey frictionless.

Current Status

We have over 2,500 registered customers, 300 active customers, AOV of $380 and Sales of $235,000 so far. We also have consignment agreements with over 50 brands in the UAE and we hold no stock.

Problem or Opportunity

Fashion retail, both physical and online has hardly any personalization, poor customer service and uses very little data and technology when offering products. We are solving 4 main problems: standardized offering, shopping hustle, styling issue and poor customer service in fashion retail.

Solution (product or service)

Dresos offers convenience and personalization using AI and ML in order to better understand customers’ needs and delivers clothes people love.

We are building a tech product that will be able to offer over 1 million outfit suggestions to our customers using over 100 data points collected from the merchandise, clients, feedback and lifestyle data.

Business model

We get product from retailers on consignment and charge on average 40% margin from retailers/brands and we hold no stock. We pay only for the product we sell to end consumers.

Incubation/Acceleration programs accomplishment

We are part of the in5 Tech in Dubai from September 2020.
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Idea
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