Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Artificial intelligence company Loop Insights (MTRX) has signed a referral contract with UK-based marketing agency SG-retail
  • Under the agreement, SG-retail will help the company to expand its business further in Europe and the United Kingdom
  • Loop Insights’ services will be introduced to SG-retail clients, which include many leading brands and retailers 
  • SG-retail’s Managing Director, Steve Gray, will join Loop Insights’ advisory board to help direct the company’s marketing strategies
  • Loop Insights (MTRX) is down 3.03 per cent, and is currently trading for C$0.32 per share

Artificial intelligence company Loop Insights (MTRX) has signed a referral contract with UK-based marketing agency SG-retail.

Under the agreement, SG-retail will help the company to expand its business further in Europe and the United Kingdom. In addition to building upon recent momentum in the US and Canada, the collaboration will establish Loop Insights’ international presence.

SG-retail has an established network of retail advisory and marketing clients, which includes supermarkets, fashion brands, and specialty retailers. Through this agreement, Loop Insights’ services will be introduced and resold to those clients, many of which are leading brands and retailers.

Some of the more well-known retailers currently listed amongst SG-retail’s clients include Tesco, Sephora, Sainsbury, Asda, Woolworths, Coles, Esprit, and Net-a-Porter.

As part of this arrangement, SG-retail’s Managing Director, Steve Gray, will join Loop Insights’ advisory board. In this capacity, he will help to steer the direction of the company’s market strategies for the future.

Loop Insights’ CEO, Rob Anson, was honoured to welcome a consumer packaged goods expert like Steve to the company.

“Having Steve Gray and his team at SG-retail join Loop at this pivotal time in our growth is nothing short of monumental.

Loop’s recent explosive growth across the spectrum is a testament that our business fundamentals and strategies are taking hold.

“We expect Steve and SG-retail to be a strong contributor to implementing and guiding those same strategies abroad as we explore the UK and European markets,” he said.

Loop Insights (MTRX) is down 3.03 per cent and is trading at C$0.32 per share at 11:43am EDT.

More From The Market Herald

" Shopify (TSX:SHOP) and Google partner on cloud AI integration

Shopify (SHOP) has integrated Google Cloud’s Discovery AI solution into its commerce components.
The Market Herald Video

" Nextech3D.ai’s (OTCQX:NEXCF)(CSE:NTAR) Toggle3D reports almost 1,000 per cent user growth

Nextech3D.ai’s (NTAR) Toggle3D.ai has crossed over 1,000 sign-ups.

" Tantalus (TSX:GRID) and PayGo sign partnership agreement

Tantalus Systems (GRID) has entered into a partnership agreement with PayGo.

" Drone Delivery Canada (TSXV:FLT) awarded government contract

Drone Delivery Canada (FLT) has signed an up to $1.2 million contract with the Canadian government.