>>
Home / Knowledge / News / Information Technology / New Momentum & TXT tie up for Retail Fashion Industry

New Momentum & TXT tie up for Retail Fashion Industry

02
Oct '09
New Momentum, a leading provider of SaaS-based anti-counterfeiting and channel integrity solutions and TXT e-solutions, the fashion industry's leading provider of supply chain management and intelligence solutions, have teamed up to provide a complete end-to-end value chain risk management solution for retail fashion industry companies. The software solution resulting from this agreement will help manufacturers reduce the damage they experience from counterfeit and gray market sales throughout their value chain. These violations can hurt brand integrity, create disruption in distribution channel, and cause lost revenues.

New Momentum's CEO, Stu Clifton, commented, "Today's retail fashion goods manufacturers are losing billions to fake products. What's more, their future sales are at stake because 'supercopy' counterfeits are quickly eroding their brand reputation. Yet, as we talk with companies in this industry, we're finding many of them don't know how to solve the problem in a cost-effective way. We want to help them regain their profits and reputation. While our software provides that important first step--unmatched visibility into what's happening in the global open market--we believe that by working with TXT e-solutions, an organization that is the gold standard for supply chain in the retail fashion industry, we'll help manufacturers protect themselves against losses to gray market activity."

Stefano Lena, TXT e-solutions' Vice President, Global Sales, added, "By feeding New Momentum's actionable data into our SCM solution TXTPERFORM 2008, we will offer our customers better visibility into consumer buying patterns, as well as what and where they purchase, to provide a better ability to identify supply chain risks early. This intelligence will provide real-time inputs into demand management processes and into the supply network, including supplier communication. We are delighted that this partnership will help our customers gain control of risks throughout their value chain and not only protect their brands, but also regain lost revenue and reduce costs."

While this agreement focuses on the retail fashion industry, TXT also expects this relationship will help them bring their TXTPEFORM 2008 solution into other vertical industries on a non-exclusive basis in Europe.

TXT e-solutions are an international software solutions vendor and leader in "Strategic Enterprise Solutions" in the industrial and media sectors.

New Momentum offer SaaS-based Enterprise Risk Management (ERM) software that combats the rapidly increasing revenue, profit, brand, and market share erosion resulting from global outsourcing and Internet trading.

New Momentum


Must ReadView All

Pic: Shutterstock

Textiles | On 25th May 2022

New York senate passes bill to ban harmful PFAS in apparel

The New York State senate recently passed a bill that prohibits the...

Pic: craig hastings | Dreamstime.com

Textiles | On 25th May 2022

German GDP rises by 0.2% in Q1 2022 over Q4 2021: Destatis

Germany’s GDP rose by 0.2 per cent in the first quarter (Q1) of 2022...

Pic: Shutterstock

Textiles | On 25th May 2022

Businessmen in Bangladesh urge govt not to hike gas, power prices

Bangladesh businessmen have called for not raising gas and...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Amelia Adey,

Amelia Adey

The KOOKAI Australia and New Zealand story began in 1992 when Parisian...

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Daniele Uboldi,

Daniele Uboldi

EptaInks is the screen-printing division of Eptanova, a company that...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Francesco Vergentini, A.Celli Nonwovens

Francesco Vergentini
A.Celli Nonwovens

A.Celli Nonwovens offers a complete range of rewinders and rewinders...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Timna Weber, Label - Timna Weber

Timna Weber
Label - Timna Weber

London-based sustainable high-end eponymous womenswear label, by designer...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Sunita Shanker, Label Sunita Shanker

Sunita Shanker
Label Sunita Shanker

Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...

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

ESTEEMED CLIENTS

Inter Expo Center Ltd.
Dow Silicones Corporation
SYNERGIES HONG KONG LIMITED
N9 World Technologies Private Limited
BTC Textiles LLC
Page Industries Limited (Bangalore)
JES MEDIA, INC
Midas Clothing Limited
DyStar India Pvt. Ltd
THE BOMBAY DYEING ;& MFG.CO. LTD
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Zydex Industries
Landmark Group
Phong Phu international JSC (PPJ)
Loris Bellini S.r.l.
Tory Burch Hong Kong Ltd
Bluesign Technologies Ag
MAS Active / MAS Kreeda / MAS Bodyline
Aquarelle Clothing Limited
Officina Meccanica Dora Enrico Srl
H. Stoll AG & Company KG
K AND D ITMACH EXPOSITIONS LLP
Eurofins BLC Leather Technology Centre Ltd
Copenhagen Fashion Summit
Groz-Beckert KG
Bluestem Global Sourcing Limited
Indofil Industries Limited - Specialty & Performance Chemicals Division
Kornit Digital Asia Pacific Ltd
Savio Macchine Tessili S.P.A.
Alix Partners
Hela Clothing Pvt Ltd
Infor (Hong Kong) Limited
Newtech Textile Technology Development (Shanghai) Company Limited
IIGM Private Limited
Recron Polyester from Reliance Industries Limited
Brandix Lanka Limited
FULGAR SpA
Grasim Industries Limited
Stahl Holdings B.V.,
BTSR International S.P.A.
Gatsby Africa
GERBER TECHNOLOGY LTD.
Calvin Klein
IFF Media Ag - International Media Services
IDH – The Sustainable Trade Initiative
Splash
Lenzing Aktiengesellschaft - India
The Top Form Brassiere Manufacturing Company Limited
Gokaldas Exports Limited
Indo Tex
OVS Hong Kong Sourcing Ltd.
Lululemon Athletica Inc
PVH Corporation
Datatex Consulting Srl
Permoda(Koaj/Armi/Pronto/Bkul)
Tommy Hilfiger
Woolmark Services India Pvt. Ltd.
Italian Trade Commission
Istanbul Fuarcilik A.S.
Seasalt Limited
KIABI
G.A.S. unternehmenskommunikation gmbh
TEXVALLEY MARKET LIMITED
T.T. Limited
Lisa S.P.A.
Lenzing Aktiengesellschaft
Restoque S.A.
Thai Trade Center
Saurer Textile Solutions Pvt. Ltd.
COTTON COUNCIL INTERNATIONAL
ITMA Services Pte Ltd
Kern – Liebers Textile
Xtema - Thomas Lebherz Textilmaschinen
Sainsbury's Argos Asia Limited
Recron Polyester from Reliance Industries Limited
Performance Days
Tradewind International Servicing
Tuyap Tum Fuarcilik Yapim A.S.
Sportmaster Ltd.
GHCL LIMITED
Etam Group Strategy Hong Kong Limited
Abit
Lifestyle
Desigual - ABASIC, S.A.
Zünd Systemtechnik AG
KAS Direct Sourcing
Eastman Chemical Company
Vardhman Textile Ltd
Asos
Under Armour Global Sourcing Ltd
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Shima Seiki Mfg. Ltd.
NITI Aayog
Cat Tuong Real Estate Group Joint Stock Company
Thai Acrylic Fibre Company Limited
GIOVANNI BOZZETTO S.p.A.
BIANCA
Shanghai  Aige Exhibition Service Co., Ltd
Sportswear Company Spa
Arvind Limited
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Itema Weaving (India) Private Limited
Brückner Trockentechnik GmbH & Co. KG
Palexpo SA
Puma
APLF Limited
Tchibo GmbH
Amazon China
Colours India Inc
Babyshop
Sateri (Jiujiang) Fiber Co.,Ltd
Maceton Limited
Gloria Jeans
Centric Software
TESCO INTERNATIONAL SOURCING LIMITED
Truetzschler India Private Limited
LC Waikiki
ZAITEX spa
Walmart
C;&A Sourcing International Ltd
John Varvatos
EMBEE CORPORATION
X-Rite Asia Pacific Limited (HK)
China World International Exhibition Company Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Benetton Group
Rosset ;& Cia Limited
J ;& P Coats
Karl Mayer Textilmaschinenfabrik GmbH
USTER
Thermore (Far East) Ltd.
Messe Frankfurt Exhibition GmbH
Jindal Worldwide Limited
CGS Inc.
Mayer & Cie. GmbH & Co. KG
Guess Europe Sagl,
Lectra Technologies India Pvt Ltd.
Messe Duesseldorf
Comasia Limited
VNU Exhibitions Asia
Reiter India Private Limited
Coats Digital Limited
Esprit Europe Services GmbH
International Sourcing Expo Australia
International Textile Manufacturers Federation
Jiangsu Yingyang Nonwoven Machinery Company Limited
Hirdaramani International Export Private Limited
TÜYAP IHTISAS FUARLARI A.S.
Alison Hayes Romania
Groz-Beckert East Asia LLP
Color Service s.r.l.
DuPont de Nemours, Inc.,
Target Corporation (MN)
UBM China (Shanghai)
EPCH
BIMBA ;& LOLA SL
Aramark Uniform ;& Career Apparel, LLC
Lottmann Communications
Haelixa AG
Pt. Peraga Nusantara Jaya Sakti
The LYCRA Company Singapore  Pte. Ltd
Boardriders Asia Sourcing Limited
NV Michel Van de Wiele
G-Star Raw C.V.
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Nihalani Events Management
Rieter India Private Limited
Taiwan Textile Federation (TTF)
Lacoste (Wanchai)
Decathlon
Chori Company Limited
Gap International Sourcing Limited
EUROVET ASIA LTD
Vianney Textil Hogar S.A. De C.V.
Marzoli Machines Textile s.r.l.
Flainox S.r.l.
BRINKMANN GMBH
TESTEX AG, Swiss Textile Testing Institute
Helly Hansen Far East Ltd
Aleph Srl
CSGIA(China Screen Printing & Graphic Imaging Association)
Applied DNA Sciences Inc
Nandan Denim Limited
Datacolor AG Europe
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Varner AS Retail
Meera Dyestuff Industries
FESPA (Reigate)
Huntsman (Singapore) Pte Ltd
Green Fibre
Equinox Impex India
Rayonese Textile Inc., Division de Culp Inc.
The LYCRA Company Singapore  Pte. Ltd
Weitmann & Konrad GmbH & Co. KG
SHAHI Exports Pvt Ltd
IKEA of Sweden AB
Mesdan SPA
Chico’ FAS

May 2022

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


Advanced Search