Home / Knowledge / News / Information Technology / Hobbs sets sights on growth through Maple Lake tool
Hobbs sets sights on growth through Maple Lake tool
02
Oct '12
Maple Lake, the software provider for specialty retailers, is pleased to announce that Hobbs, the contemporary British fashion designer and retailer of women’s apparel, has implemented its ‘out-of-the-box’ QuickAssortment planning solution to improve its planning process, enable better financial control and more targeted range assortments for its online, wholesale and store channels. The preconfigured software was fully implemented within five to six months, instead of the industry norm of approximately two years.

Hobbs’ Alison Reupke, Head of Product Merchandising, said: “As we diversify into new channels we need a suitable technology solution to support our business and future growth. We look forward to using this new product and the benefits it will bring to standardising Hobbs’ processes.”
 
Mark Stone, CEO at Maple Lake added: “Many retailers still rely on Excel spreadsheets for very complicated buying decisions that can make or break them, so we’re delighted that by standardising our planning tools we’re able to offer quick-fix solutions.”
 
Improved flexibility and visibility in planning enables companies to tap into the growing trend for constantly changing inventories, as customers are increasingly demanding new products, up-to-the minute styles and fashion-led merchandise. It also gives the ability to shift from slow-selling lines to more popular products, increasing sales and reducing costly over-stocks and markdowns. 
 
The software works by taking sales data from existing systems to automatically produce a ‘hierarchy of needs’ that identifies the most profitable lines: whether for individual stores, online or international sales channels. Users can see, at the touch of a button, a forecast of stock and sales and the impact of, say, ordering more A-line dresses, or changing a particular supplier. It shows the ideal product mix and volumes before actually buying or allocating to stores, said Stone. Alerts can even flag up anything likely to be a concern, such as low profit margin items, or missed sales due to stock-outs.

Maple Lake


Must ReadView All

VF Corporation to split into two independent companies

Apparel/Garments | On 14th Aug 2018

VF Corporation to split into two independent companies

VF Corporation, a global leader in branded lifestyle apparel,...

Courtesy: Good On You

Apparel/Garments | On 14th Aug 2018

Good On You in Oz adds 500 European brands to rating app

Australia-based Good On You’s brand-rating app has recently added 500 ...

Courtesy: USDA/FAS

Textiles | On 14th Aug 2018

US cotton exports in 2017-18 highest in over a decade

Cotton exports from the US in 2017-18 reached their highest level...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Lynda Kelly
Suominen Corporation

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search