Home / Knowledge / News / Information Technology / Leading Labels reaps benefits from new retail system
Leading Labels reaps benefits from new retail system
02
Nov '09
Eurostop, a leading supplier of retail management and EPOS systems to the fashion, footwear, apparel and lifestyle sectors has announced that Leading Labels, the out of town fashion retailers has invested in Eurostop's e-rmis retail system. The company has also implemented Eurostop's e-pos in all its stores to track sales at the till, recording data at its head office. Since implementing the new system, Leading Labels claims improved management of stock flow across its 23 stores, as a result of more accurate, up to the minute sales data.

According to Mike Thornthwaite, Financial Director at Leading Labels; “It is critical for us that we have the right stock at the right place at the right time. Since implementing Eurostop's system we have much better management of stock across our stores. We now have details from all our stores on one system which means that we have a complete picture.

“We are very pleased with the Eurostop system – it has definitely moved our business on significantly. We have traded well over what has been a difficult six months for the retail sector. Eurostop's software has enabled us to maintain our margins and we are now looking for ways to develop the system and get even more out of it.”

Unlike many store groups with a centralised warehouse and stock system, stock is mainly delivered directly to Leading Labels' stores. Using Eurostop's systems the company is able to manage stock replenishments with the sales data. The team can also advise the buyers on hot sellers - and stock that is slow to move. The buyers make extensive use of the reports on colours and sizes – the data is used to identify popular items and make adjustments to deliveries as boxes are made up for each store.

Eurostop's solution has enabled the company to handle till sales on behalf of some of its concessions. In terms of sales and stock replenishment this provides a much more accurate, up to the minute picture for both the concession and Leading Labels.

Phillip Moylan, Sales and Marketing Manager at Eurostop commented; “Success for any retailer centres on the ability to adjust quickly to meet customer demand. With accurate, daily sales data, a business can make informed decisions about stock movements and cash flow. For companies like Leading Labels with many different brands and outlets, managing stock flow through and profit margins on lines is critical to the business. Eurostop's systems have been designed to assist large retailers like Leading Labels manage, collect and analyse daily sales data – helping them to be agile in today's turbulent times.”

Eurostop


Must ReadView All

New US alliance to promote postal package delivery service

Textiles | On 15th Aug 2018

New US alliance to promote postal package delivery service

A group of US retailing, e-commerce and logistics firms recently...

Courtesy: Industriall Union

Apparel/Garments | On 15th Aug 2018

IndustriALL-Esprit agreement to improve workers' rights

IndustriALL Global Union recently signed a global framework agreement ...

Indian minister orders fresh consultations on e-com policy

Textiles | On 15th Aug 2018

Indian minister orders fresh consultations on e-com policy

Indian commerce and industry minister Suresh Prabhu has asked for...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Akshat Chaudhary

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

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Aditi Somani
Aditi Somani

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

Mike Hoffman
Gildan Activewear SRL

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

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