Coveo (TSX:CVO), a leader in AI platforms that transform digital
experiences with intelligent search, recommendations, 1:1
personalization, and merchandising, today announced that the
company and its customer, Caleres (NYSE:CAL), a global footwear
company with a diverse portfolio of brands, won for Best
Personalized Shopping Experience in the 2023 Glossy Fashion Awards.
The award was based on Caleres’ use of the Coveo Relevance Cloud™,
which leverages AI to improve the shopping experience across the
majority of its brands, including Famous Footwear, Sam Edelman,
Naturalizer, Allen Edmonds, Dr. Scholl’s, and more.
“We’re delighted to be recognized for our efforts
with Caleres,” said Elaine Cobb, Chief Customer Officer at Coveo.
“To be a $2.97B company in business for 140+ years is an incredible
achievement in the retail world, but also a testament to a
forward-thinking brand. Embracing digital and AI has resulted in
award-winning success for Caleres. Savvy retailers who stay on top
of modernizing their digital strategies will always be more
competitive, and successful in the end.”
The Glossy Fashion Awards recognized the results
achieved after Caleres finalized a two-year project, which
culminated in migrating its branded websites from their former
platform to the Coveo Relevance Cloud™. After the initial “go
live”, Caleres rapidly re-launched its websites over an 18-month
period – nearly one website per month. With Coveo’s AI and machine
learning technology powering search and personalization across most
of Caleres’ websites, the retailer was able to offer an improved
product discovery experience with more accurate search results,
which led to an increase in search-driven revenues. Furthermore,
the platform’s machine learning-powered product recommendations
fueled the personalized shopping experience with a significant
increase from product recommendations year-over-year.
“We had a desire to deliver a more personalized,
immersive shopping experience sitewide,” states Willis Hill, SVP
and chief information officer at Caleres. “It was important to
invest in software and partners that shared our belief in the end
customer experience and the empowerment of business users. Coveo
fits nicely into that philosophy of focusing on the customer and
with their AI, relevance, and personalization we can create smooth
and impressive website experiences that feel easy and natural.”
The jury panel for the Glossy Fashion Awards
included executives from Gucci, SAKS OFF 5TH, Fashionphile, Oakley,
and others.
“The stand-out themes in this year’s Glossy Fashion
Awards competition have been around sustainability, inclusivity and
personalized shopping experiences,” said Jill Manoff,
editor-in-chief, Glossy Magazine. “Our judges had the difficult job
of determining which submissions represented the most inspiring
initiatives. Congratulations to Caleres and Coveo on their
impressive personalized shopping experience win!”
The complete list of Glossy Fashion Awards winners
is available at: https://www.glossy.co/awards/fashion/. Visit
Caleres at https://www.caleres.com/, and learn more about the Coveo
Relevance Cloud™ at http://www.coveo.com.
About Coveo Solutions
We believe AI is a competitive imperative to
deliver the delightful and relevant digital experiences people
expect, while maximizing profitability. Coveo accelerates the
application of AI platforms in enterprises, helping them
personalize and profitize every experience at scale.
The Coveo Relevance Cloud™ platform is a
market-leading AI platform that enhances search, recommendations,
personalization, and merchandising intelligence in digital
experiences across commerce, service, website, and workplace
applications. Coveo’s platform includes analytics, AI model testing
capabilities, and can easily integrate into almost any digital user
experience a large enterprise delivers. Our platform is
cloud-native SaaS, multi-tenant, API-first, and headless.
Coveo has been a pioneer in the application of AI
within the enterprise. Our Coveo Relevance Generative Answering™
capability, which integrates LLM technology with Coveo’s platform
to feed generative AI with a common, secure unified index and
real-time content, helps to drive relevance at scale and consistent
factuality, with secure sources of truth across all channels.
Specifically, this helps to solve many of the key challenges of
utilizing generative AI for enterprise use cases.
We help hundreds of the world’s leading brands
create tangible financial value. We believe our platform is
differentiated by its sophisticated applied AI, designed to deliver
highly relevant, bespoke digital experiences that drive superior
business outcomes. In addition, our platform’s scalability, rapid
time to value, enterprise-grade security and compliance, and native
integrations with other third-party technology applications set us
apart. We are a Salesforce Summit ISV Partner, an SAPⓇ Endorsed
App, and an Adobe Gold Partner.
Coveo is a trademark of Coveo Solutions, Inc.
Stay up to date on the latest Coveo news and
content by subscribing to the Coveo blog, and following Coveo on
LinkedIn, Twitter, and YouTube.
About Caleres:
Caleres is a diverse portfolio of global footwear
brands that include Famous Footwear, Sam Edelman, Vionic,
Naturalizer, Allen Edmonds, Lifestride, and more. Our products are
available virtually everywhere – in the nearly 1,000 retail stores
we operate, in hundreds of major department and specialty stores,
on our branded e-commerce sites, and on many additional third-party
retail websites. Combined, these brands make Caleres a company with
both a legacy and a mission. Our legacy is our more than 140 years
of craftsmanship and our passion for fit, while our mission is to
continue to inspire people to feel great … feet first. Visit
caleres.com to learn more about us.
Forward-Looking Information
This press release contains “forward-looking
information” and “forward-looking statements” within the meaning of
applicable securities laws (collectively, “forward-looking
information”). This forward-looking information is identified by
the use of terms and phrases such as “may”, “would”, “should”,
”could”, “might”, “will”, “achieve”, “occur”, “expect”, “intend”,
“estimate”, “anticipate”, “plan”, “foresee”, “believe”, “continue”,
“target”, “opportunity”, “strategy”, “scheduled”, “outlook”,
“forecast”, “projection”, or “prospect”, the negative of these
terms and similar terminology, including references to assumptions,
although not all forward-looking information contains these terms
and phrases. In addition, any statements that refer to
expectations, intentions, projections, or other characterizations
of future events or circumstances contain forward-looking
information. Statements containing forward-looking information are
not historical facts but instead represent management’s
expectations, estimates, and projections regarding future events or
circumstances.
Forward-looking information is necessarily based on
a number of opinions, estimates, and assumptions that we considered
appropriate and reasonable as of the date such statements are made.
Although the forward-looking information contained herein is based
upon what we believe are reasonable assumptions, actual results may
vary from the forward-looking information contained herein. Certain
assumptions made in preparing the forward-looking information
contained in herein include, without limitation: our ability to
capitalize on growth opportunities and implement our growth
strategy; our ability to attract new customers, both domestically
and internationally; the success of our efforts to expand our
product portfolio and market reach; our ability to maintain
successful strategic relationships with partners and other third
parties; our future capital requirements; the available liquidity
under our revolving credit facility; the accuracy of our estimates
of market opportunity and growth forecasts; our success in
identifying and evaluating, as well as financing and integrating,
any acquisitions, partnerships, or joint ventures; our ability to
execute on our expansion plans; and the future impact of the
COVID-19 pandemic. Moreover, forward-looking information is subject
to known and unknown risks, uncertainties, and other factors, many
of which are beyond our control, that may cause the actual results,
level of activity, performance, or achievements to be materially
different from those expressed or implied by such forward-looking
information, including but not limited to macro-economic
uncertainties and the risk factors described under “Risk Factors”
in the Company’s most recently filed Annual Information Form
available under our profile on SEDAR at www.sedar.com. There can be
no assurance that such forward-looking information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such information. Accordingly,
prospective investors should not place undue reliance on
forward-looking information, which speaks only as of the date
made.
Moreover, we operate in a very competitive and
rapidly changing environment. Although we have attempted to
identify important risk factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other risk factors not presently known to
us or that we presently believe are not material that could also
cause actual results or future events to differ materially from
those expressed in such forward-looking information. You should not
rely on this forward-looking information, as actual outcomes and
results may differ materially from those contemplated by this
forward-looking information as a result of such risks and
uncertainties. Additional information will also be set forth in
other public filings that we make available under our profile on
SEDAR at www.sedar.com from time to time. The forward-looking
information provided in this press release relates only to events
or information as of the date hereof, and are expressly qualified
in their entirety by this cautionary statement. Except as required
by law, we do not assume any obligation to update or revise any
forward-looking information, whether as a result of new
information, future events, or otherwise, after the date on which
the statements are made or to reflect the occurrence of
unanticipated events.
Contact InformationKiyomi
HarringtonDirector, PR, Social and Corporate
Communicationskharrington@coveo.com
An image accompanying this announcement is
available at
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Coveo Solutions (TSX:CVO)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Coveo Solutions (TSX:CVO)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024