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Home Retail News People

Nextail marks a decade of retail transformation with new CEO

by Fiona Briggs
November 7, 2024
in People
Reading Time: 2 mins read

NextailAs Nextail, the leading AI-driven merchandise planning and execution platform for fashion retailers, celebrates 10 years of driving retail transformation, the company announces a strategic leadership change and a substantial, multi-million cash injection from existing investors. With this new investment and leadership, Nextail is poised to reinforce the balance sheet and supercharge the next stage of growth and innovation, solidifying its position as a leader in retail technology.

Effective immediately, Carlos Miragall, co-founder of Nextail, steps into the role of CEO with a proven track record in driving operational excellence and growth. As a co-founder and former COO/CFO of Nextail, Miragall has been integral to the company’s journey. His deep understanding of Nextail’s vision and mission, along with his combination of strategic insight and operational expertise ensures that under his leadership, the company will continue fulfilling its mission to transform the core merchandise planning and execution processes of global fashion retailers through cutting-edge solutions.

As Nextail embarks on this exciting new chapter, Joaquín Villalba, co-founder and former CEO, will remain on the Board to ensure continuity in the company’s strategic vision. As Nextail Ambassador, he will strengthen relationships across the retail and innovation ecosystem. Recognized as a World Economic Forum Tech Pioneer, Villalba will continue to use business as a force for good, helping retailers improve efficiency, enhance customer experiences and reduce waste, ultimately contributing to a more sustainable future for fashion.

Commenting on his recent appointment, Miragall said: “I am thrilled to re-join the leadership team as CEO at such a pivotal moment in Nextail’s journey. The commitment to additional investment from our current investors reinforces their confidence in our mission, and I am excited to drive our company forward with innovation, ambition, and a renewed focus. Together with our talented team, we are ready to achieve new milestones and deliver even greater value to our partners.”

“I’m incredibly grateful for the journey over the past decade,” remarked Villalba. “Today, Nextail is proud to automate over one billion decisions per season for some of the world’s finest retailers, across 20,000 stores. Our success comes from the dedication of many Nextailers and the trust of our customers and partners. With a next-generation product, an exceptional team, and a strong foundation, I have full confidence in Carlos and the leadership team as we enter this next chapter. In my new role, I look forward to spending more time with our customers and partners, strengthening our relationships, and driving transformation in fashion retail.”

 

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