Verneek Plans First European Office in Luxembourg
Verneek plans to establish its first European office in Luxembourg, subject to final agreements, the company announced in a press release. The office would serve as its regional base as it expands its work with retailers, luxury houses and consumer brands.
Founded in 2021 and based in New York City, Verneek provides an enterprise AI platform that connects front and back office functions. It combines data and institutional knowledge across merchandising, planning, store operations, clienteling, ecommerce and executive decisions.
The company says its technology supports tens of millions of consumers and several hundred thousand employees. Verneek selected Luxembourg for its location, multilingual business and technology community, links to major markets and role in European Union policy.
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