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Rafaella's clarification on information issued by Demand Management

06
Nov '09
Rafaella Apparel Group, Inc., an established wholesaler, designer, sourcer, marketer and distributor of a full line of women's career and casual sportswear separates, issued a correction to clarify an October 27, 2009 press release issued by Demand Management, Inc., as it related to the Rafaella Apparel Group.

The October 27th Demand Management press release stated, among other things, that Rafaella Apparel Group had eliminated excess inventory by forty percent while utilizing Demand Management's supply chain management software. The press release failed to disclose, however, that this information related to a case study conducted over 12 months ago and as such, is not relevant to Rafaella's current inventory levels.

While Rafaella continues to utilize Demand Management's supply chain management software, no studies have been conducted at Rafaella since the case study in 2008.

Rafaella Apparel Group


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