Home / Knowledge / News / Information Technology / Alliance Data Systems ties with women's fashion retailer
Alliance Data Systems ties with women's fashion retailer
25
Feb '11
Alliance Data Systems Corporation, a leading provider of loyalty and marketing solutions derived from transaction-rich data, announced it has signed a new, long-term agreement to provide private label credit card services to J.Jill, a leading multichannel fashion retailer of women's apparel, accessories, and footwear. Headquartered in Quincy, Mass., J.Jill has more than 200 retail stores nationwide and strong catalog and web businesses.

Under terms of the agreement, Alliance Data will provide private label credit card services for the J.Jill credit card, including account acquisition and activation, receivables funding, card authorization, private label credit card issuance, statement generation, remittance processing, customer service functions, and marketing services.

Additionally, Alliance Data purchased J.Jill's existing file of private label credit card accounts, acquiring a moderate size portfolio in the $50 million range, consistent with the average portfolio size of Alliance Data's existing client base. Details of the purchase price were not disclosed, other than to note it is well within norms of the industry. The acquired file carries only a modest level of delinquencies and, as such, Alliance Data believes that its performance will be consistent with traditional expectations. Additionally, all new private label accounts will be consistent with Alliance Data's traditional credit quality standards. The transaction closed on February 18, 2011.

"Our customers are busy women who look to J.Jill for a simple way to dress with style; and for an easy shopping experience," said Hilary Chasin, chief marketing officer at J.Jill. "With the J.Jill credit card program we are able to meet her expectations and give her an enhanced brand experience that allows her value, simplicity, and exclusive member benefits. We look forward to further developing our private label credit card program around our customer's needs and expectations with the support of Alliance Data."

"J.Jill's customers are sophisticated shoppers, and we're pleased to partner with this dynamic brand, which has built a core base of loyal customers through all facets of its multichannel business model," said Ivan Szeftel, president of Retail Services for Alliance Data. "With our extensive cross-channel retail expertise, combined with our unique ability to leverage consumer insights to drive profitability, we're fully prepared to deliver an advanced credit and marketing solution for J.Jill. We look forward to being a collaborative partner in helping them better target and engage their customers with the brand, as well as achieve their sales and growth goals."

Alliance Data Systems Corporation

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts
Eurofibers

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Pranav Mishra
Huemn

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X