Home / Knowledge / News / Information Technology / Ermenegildo adopts Oracle retail to integrate operations
Ermenegildo adopts Oracle retail to integrate operations
02
Jul '14
Ermenegildo Zegna Group, the global Italian menswear fashion and accessories brand, has gone live with Oracle Retail Merchandise Financial Planning to help enable integration of its global merchandising and financial planning operations.  
 
The project was managed by a steering committee headed by Ermenegildo Zegna, the chief executive officer of the group, to help ensure full alignment between the business and IT teams. 
 
With more than 500 stores in more than 100 countries, Ermenegildo Zegna Group wanted to integrate merchandising and financial planning to capitalize on more global opportunities. 
 
Oracle Retail Merchandise Financial Planning will offer greater integration between the Ermenegildo Zegna Group’s financial and commercial planning operations, along with providing the capacity for faster identification of opportunities across market segments to support the retailer’s goal of driving better, more profitable inventory investment decisions.
 
After a competitive selection process that included a review of available solutions, Ermenegildo Zegna Group chose Oracle solutions due to the flexibility of the platform and Oracle’s proven experience within the global marketplace. 
 
Accenture, a Diamond-level member of Oracle PartnerNetwork, and Oracle Consulting implemented the global retail solutions. 
 
With an ongoing commitment to driving innovation in products and fabrics, technology and processes, Ermenegildo Zegna Group will see the new Oracle Retail merchandise planning-based tools rolled out across all its branches via a deep change management process.
 
Through the use of Oracle solutions, Ermenegildo Zegna has initiated a long-term integrated merchandise strategy to help ensure the group remains competitive and relevant in all of its key market segments, according to the needs of customers and related demand trends.
 
“Ermenegildo Zegna Group has clearly defined goals for its global business to operate at a high level of efficiency across borders and across channels,” said Mike Webster, senior vice president and general manager, Oracle Retail. “The successful implementation of Oracle Retail solutions will provide the company with the capability to make even better inventory planning decisions through access to accurate and consistent data, which will drive growth in a highly competitive international market.”
 

Oracle Retail

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Mark Paterson
Technical Absorbents Ltd

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search