Home / Knowledge / News / Information Technology / Ascena selects Oracle E-Business Suite Financials Suite
Ascena selects Oracle E-Business Suite Financials Suite
12
Jan '11
ascena, the newly formed holding company for apparel brands dressbarn, maurices and Justice, has selected Oracle E-Business Suite Financials to streamline financial operations across the company's growing retail operations.

ascena will migrate its enterprise financial operations to the Oracle Applications including Oracle E-Business Suite Financials, Oracle Hyperion Planning and Budgeting and Oracle Governance, Risk and Compliance solutions.

The Oracle applications will replace disparate enterprise systems being used by dressbarn and maurices and upgrade the Oracle E-Business Suite applications already in use at Justice to the latest version.

By standardizing financial, planning and risk management operations on the Oracle applications, ascena intends to establish a complete, open and integrated IT foundation that will support the company's growth and achieve a lower total cost of ownership.

All three ascena-owned retail businesses currently use a range of Oracle solutions, including Oracle Retail applications, Oracle enterprise solutions and Oracle Database.

"Our due diligence process determined that the Oracle applications provided us the best solutions for integrating and managing our business and establishing a foundation for growth. Oracle's partnership and product offering enable us to focus on providing our customers with an unmatched retail shopping experience," said Armand Correia, Chief Financial Officer, ascena Retail Group, Inc.

"Oracle fulfills our requirements for an integrated solution set and enables us to establish a standardized footprint and lowest total cost of ownership," said Karen Etzkorn, Chief Information Officer, ascena Retail Group, Inc.

"We are very pleased to expand our relationship with The Dress Barn, Inc., now ascena, and to be a part of their continued growth strategy," said Tom Madigan, Vice President, Global Retail Portfolio, Oracle.

Oracle Corporation


Must ReadView All

Apparel/Garments | On 25th Sep 2017

Vietnam textile sector to gain if EU FTA gets ratified

Experts feel the Vietnam-European Union (EU) free trade agreement...

Apparel/Garments | On 25th Sep 2017

AAFA urges US govt to plug lacunae in military procurement

The American Apparel & Footwear Association (AAFA), an alliance of...

Apparel/Garments | On 25th Sep 2017

Amazon trying to enter Turkish home textile product market

Amazon has noticed Turkey’s potential in e-commerce and is discussing ...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Steve Cole
Xerium Technologies

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

September 2017

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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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