Oxford Industries

C-Discount then subsequently bought more systems and that obviously gave them a lot of credibility in the space.

They expanded to Japan, Uniqlo became a customer, then they expanded to North America, Oxford Industries and Gap became customers.

And in January of 2022, they raised a huge Series D, 335 million led by goldman sachs at a 2 billion dollar valuation so they did a couple of series and the total disclosed funding at that time reached almost half a billion then in 2025 they launched the second generation so a new generation skypod and they passed 200 customer sites and this year they have approximately 340 million in revenue 14 000 skypods sold and around 1 200 employees so this is a real success story now what's interesting they're also building a new headquarter or they actually built one in pascal it's called the imaginarium so that's in northern france and it's around 25 000 square feet they put r d production and operations all together and they deliberately emphasize that their core robotics technology is designed industrialized and manufactured in europe so they're pretty europe first now the core product is as i mentioned the skypod and you can think of it as a robot-based automated storage and retrieval system for warehouses usually So what actually happens is they have products and these products live in bins or trays inside tall racks.

Then a Skypod drives across the warehouse floor, it moves underneath the storage structure, it attaches or climbs the rack vertically, and then it retrieves the required bin, it descends again, and then it drives the bin to a picking workstation.

And then you saw terrific results out of Abercrombie & Fitch.

You have companies like Oxford Industries who are still-

Right

... working to improve Lilly Pulitzer.

And then you saw terrific results out of Abercrombie & Fitch.

You have companies like Oxford Industries who are still working to improve Lillie Pulitzer.

So for the most part, companies are managing inventory.

They're using marketing and social marketing to drive new customer growth.