GUESS, a leading global lifestyle brand famous for its European styling,
iconic imagery and trend-setting denim, has selected VendorNet to
provide ship-from store fulfillment solutions.
VendorNet® Inc., a wholly owned subsidiary of GSI Commerce, an eBay,
Inc. company, is a provider of cross-channel fulfillment and supply
chain technology. GUESS will leverage VendorNet’s StoreNet®
technology to implement omnichannel retail capabilities, specifically
fulfillment of online sales from its brick and mortar locations.
Established in 1981, GUESS has become a global brand available in almost
90 countries. With its expansive distribution network, StoreNet enables
GUESS to source fulfillment from the best location across all channels,
including its direct to consumer warehouses and brick and mortar stores,
to optimize inventory and increase product availability for its
customers.
“We chose VendorNet to launch our omnichannel initiative, which focuses
on maximizing our customers’ shopping experience,” said Michael Relich,
executive vice president and chief information officer at GUESS.
VendorNet’s ability to intelligently distribute orders to the best
fulfillment location, based on criteria that we define, was a key factor
in our selection process. StoreNet will allow us to optimize our
inventory, regardless of where it physically resides, and better serve
our customers.”
StoreNet enables GUESS to offer store inventory to its online customers,
saving orders that would be lost if out-of-stock in warehouses. StoreNet
also allows GUESS to sell-through clearance items and avoid markdowns on
end-of-season merchandise.
GUESS will go live with StoreNet in the second quarter of this year.
More than 500 GUESS stores across the United States will be
ship-from-store enabled when StoreNet is fully rolled out. Relich cited
the maturity of the technology, proven reputation, speed-to-market and
significant return on investment, as primary motivators for choosing
VendorNet.
“GUESS is embracing the retail paradigm of the future,” stated Sharon
Gardner, co-founder and general manager of VendorNet. “Our technology
positions GUESS for rapid execution of its omnichannel fulfillment
strategy and enhances the shopping experience for its customers. We’re
excited to bring both technology and time-to-market advantage to GUESS
for near and long-term growth.”
About GUESS?, Inc.
Established in 1981, GUESS began as a jeans company and has since
successfully grown into a global lifestyle brand. Today GUESS designs,
markets and distributes full collections of women’s, men’s and
children’s apparel as well as accessories. Throughout the years, the
GUESS image has been portrayed in unforgettable, innovative campaigns
that have made the brand a household name. GUESS is distributed
throughout the United States and Canada in fine department and specialty
stores, its retail and factory stores, and on its online store
GUESS.com. GUESS has licensees and distributors in South America,
Europe, Asia, Africa, Australia and the Middle East. In addition to
shopping online, you can find more information about GUESS at www.guess.com.
About VendorNet
VendorNet (www.vendornet.com)
delivers web-based omni-retailing and supply chain solutions that enable
intelligent cross-channel commerce by integrating and routing orders
from all sales channels to the best-source fulfillment location
including warehouses, suppliers, and brick and mortar stores. These
solutions optimize inventory usage and visibility, decrease order
delivery time and expense, improve customer loyalty and satisfaction,
and increase sales. More than 200 retailers and over 25,000 suppliers,
warehouses, and stores are leveraging VendorNet solutions. Retail
clients include Nine West, CompUSA, Neiman Marcus, David’s Bridal,
Toys“R”Us, Orvis, National Geographic, Rue La La, Saks Fifth Avenue, Liz
Claiborne, and Guitar Center. VendorNet is a wholly-owned subsidiary of
GSI Commerce. GSI Commerce is an eBay Inc. (Nasdaq: EBAY) company.
About GSI Commerce
GSI Commerce® enables omnichannel commerce, multichannel retailing and
digital marketing for global enterprises in the U.S. and
internationally. GSI’s ecommerce services, which include technology,
order management, payment processing, fulfillment and customer care, are
available on a modular basis or as part of an integrated solution. GSI’s
marketing services are comprised of innovative digital marketing
products and services which include database management and
segmentation, marketing distribution channels, a global digital agency
to drive strategic and creative direction and an advanced advertising
analytics and attribution management platform. GSI is headquartered in
King of Prussia, Pa. and has major service offices in New York, Los
Angeles, Barcelona, Spain, and London. More information can be found at
gsicommerce.com. GSI is an eBay Inc. (Nasdaq: EBAY) company.
Contacts:
for VendorNet Kelly Henry, 610-491-7474 Director, Corporate
Communications Twitter: @GSICommerce news@gsicommerce.com