Gruppo Coin Selects Oracle(R) Retail Fashion Planning Solutions

纵横四海

NEW YORK, NY, Jan 11 (MARKET WIRE) --
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    News Facts


--  Gruppo Coin, the leader in Italian apparel retail, has selected Oracle
Retail's Fashion Planning solution suite to help support its aggressive
global expansion strategy by providing the opportunity to create compelling
assortment strategies and react more rapidly to evolving customer
preferences.
--  Gruppo Coin operates two distinct retail brands, apparel retailer OVS
industry and luxury department store chain Coin, and has recently added the
Young Village brand to extend its retail offering. The Group is both a
distributor of luxury brands and a manufacturer of its own collections,
stocking accessories, health products and home decorations, in addition to
its core apparel business.
--  The Group operates 393 stores in Italy and over the last couple of
years has extended its franchise business abroad. It now operates 48
international stores located primarily across Eastern Europe and the Middle
East and will be opening 190 stores in India over the next five years.
--  With a growing need to support this expansion and adopt a more 'fast
fashion' business model, Gruppo Coin wanted to more effectively analyse
customer behaviour and create more localised assortment planning, perform
attribute-based store clustering and execute strategies to more closely
match supply to demand.
--  Building on Oracle Retail Release 13 announced last year, Oracle Retail's
Fashion Planning solution
suite supports end-to-end management of short lifecycle products: from
pre-season planning of sales, margin and inventory investments to in-season
management and clearance of merchandise.
--  This is expected to help Gruppo Coin to holistically manage their
assortments in a fully integrated workflow that extends through the entire
merchandising lifecycle, from high-level business objectives to detailed
assortment execution at SKU and store level.
--  The first phase of implementation involving
Oracle Retail Merchandise Financial Planning is expected shortly,
providing Gruppo Coin with the capabilities to create and reconcile
top-down and bottom-up planning throughout its organisation.

   
Supporting Quotes


--  "Our growth is focused around expanding our business domestically and
abroad, about diversifying out formats and developing the franchise
business. We expect the Oracle Retail platform to support this expansion
through improved management across the business of our planning and
assortment processes," said Bruno Cocchi, CIO, Gruppo Coin.
--  "Gruppo Coin recognizes the importance of leveraging technology to
develop a greater understanding of customer insight and enhance business
agility," said Duncan Angove, Senior Vice President and General Manager,
Oracle Retail. "Oracle is delighted to support this dynamic global retailer
as it seeks to create short-term value while also helping to provide
long-term competitive advantage."

   
Supporting Resources


--  About Gruppo Coin
--  Oracle in
Retail
--  Oracle
Retail Customer Success Stories
--  Oracle Insight-Driven
Retailing Blog
--  Oracle Retail on
Twitter
--  Oracle Retail on
YouTube
--  Join the Oracle Retail
community on Facebook

   
About Oracle Retail
Oracle is the number one provider of innovative
and comprehensive industry software solutions for retailers -- enabling
organizations to serve their customers better by applying insight into
daily business decisions for more profitable results. With software that
provides supply chain, operations, merchandising, store systems,
optimization as well as enterprise applications and infrastructure
software, Oracle partners with the world's leading retail companies,
including 20 of the 20 top retailers worldwide, to transform the
economics of their businesses.

    About Oracle
Oracle (NASDAQ: ORCL) is the world's largest business
software company. For more information about Oracle, please visit our Web
site at http://www.Oracle.com.

Trademarks
Oracle is a registered
trademark of Oracle Corporation and/or its affiliates. Other names may be
trademarks of their respective owners.

   

Contact Info

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Oracle
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Email Contact

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