Home / Knowledge / News / Information Technology / Aptos completes acquisition of TXT Retail
Aptos completes acquisition of TXT Retail
15
Oct '17
Courtesy: Aptos
Courtesy: Aptos
Aptos, Inc., a market leader in retail technology solutions, has announced that it has completed its acquisition of TXT Retail, the leading global provider of end-to-end merchandise lifecycle management (MLM) solutions for the apparel, luxury, specialty and general retail sectors. Going forward, TXT Retail will be known as TXT Retail, an Aptos Company.

The acquisition unites Aptos’ best-in-class customer engagement and inventory management solutions with TXT Retail’s best-of-breed merchandise lifecycle management suite, all available in the cloud.

The extended technology portfolio represents the industry’s most comprehensive set of omni-channel retail solutions, featuring proven, scalable and widely deployed applications for point of sale, customer relationship management, order management, sales audit, retail analytics, ecommerce, merchandising, forecasting, allocation and replenishment, merchandise and assortment planning, product lifecycle management, and supplier collaboration.

By bringing together Aptos’ Singular Commerce platform and the TXT Retail MLM suite, retailers will be uniquely positioned to break down the silos that are inherent within merchandise, customer and order lifecycles.

Noel Goggin, Aptos CEO and culture leader said, “By removing the barriers that typically exist in managing customers, products and orders, Aptos will empower retailers to transform their businesses for omni-channel success, loyalty and profitability. The enhanced solution footprint allows retailers to deliver localised assortments, personalised offers, fulfilment flexibility and seamless experiences no matter when, where or how shoppers choose to engage. Equally important, it allows retailers to achieve this profitably as shopper expectations continue to evolve.”

At the acquisition’s close, the combined organisation serves more than 1,000 of the world’s leading retail brands across 60 countries, including Adidas, Billabong, Build-A-Bear Workshop, Cole Haan, Dior, Guess, Lacoste, Louis Vuitton, Sephora, Tesco, Tod’s, TUMI, Urban Outfitters, WH Smith, and Zalando.

With less than 2 per cent of overlap between the Aptos and TXT Retail customer bases, hundreds of retailers stand to benefit from the acquisition, which will enable them to streamline their technology stack with an end-to-end retail technology provider that is committed to their success.

Simone Pozzi, previously TXT Retail CEO and now general manager, TXT Retail, an Aptos Company said, “Aptos customers now have access to best-of-breed solutions to fast-track the merchandise lifecycle, optimise assortments and ensure that consumer demand is met. Additionally, TXT Retail customers can leverage Aptos’ Singular Commerce platform to deliver a more personalised, differentiated experience and redefine how they understand and interact with shoppers.” (GK)

Fibre2Fashion News Desk – India


Must ReadView All

Surat wary of e-way bills

Textiles | On 24th Feb 2018

Surat wary of e-way bills

There is no respite for Surat’s textile manufacturers and retailers....

Retailers choose sides in Alibaba-Tencent battle in China

Apparel/Garments | On 24th Feb 2018

Retailers choose sides in Alibaba-Tencent battle in China

Two big Chinese firms— Alibaba Group Holding Ltd and Tencent Holdings ...

Jharcraft in India’s Jharkhand signs MoU with Banka Silk

Textiles | On 24th Feb 2018

Jharcraft in India’s Jharkhand signs MoU with Banka Silk

The Jharkhand Silk Textile and Handicraft Development Corporation...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

February 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search