Epicor(R) Retail Customers Top Apparel Magazine's Top 50 Most Profitable Companies Ranking
August 04 2010 - 9:00AM
Marketwired
Epicor Software Corporation (NASDAQ: EPIC), a leading provider of
enterprise business software solutions to the midmarket and Global
1000 companies, today announced 25 Epicor Retail software customers
have been named to the Apparel Top 50 ranking of most profitable
companies by Apparel, the leading resource for global apparel
executives. The retailers are profiled online and in recent issue
of Apparel magazine.
Topping Apparel's Top 50 list in the No. 1 slot was Epicor
customer Wet Seal, whose developments in mobile e-commerce and
social media, according to Apparel, have tapped directly into its
digitally savvy customer base, kicking up sales and interest in the
junior apparel brand. Additional Epicor customers profiled in the
feature include:
- At No. 7, Epicor customer Aéropostale
garnered high marks for same-store sales up 10 percent, net sales
up 18 percent, operating margins in excess of 17 percent and
e-commerce net sales up 48 percent to $129 million.
- Epicor customer Gymboree was lauded by
Apparel for the company's growth domestically, as well as
forthcoming international expansion plans into Canada, Australia
and the Middle East, landing it in the No. 8 spot on the list.
- The world's largest apparel company and Epicor customer
VF Corp. -- recently named to the No. 2 spot
among apparel companies on FORTUNE magazine's list of the World's
Most Admired Companies -- garnered the 19th spot on Apparel's
list.
- Epicor customer American Eagle, No. 21 on
the list, was praised for its focus on growing its successful aerie
intimates business (comp-store sales rose 25 percent last year)
into a full lifestyle brand, and opening five brick-and-mortar
locations for its previously online-only 77kids brand.
- Epicor customer rue21 landed at No. 31;
according to Apparel, the 535-store and rapidly expanding retailer
plans to open 100 new locations this year focused on offering
cheap, stylish and quick-turn apparel.
- At No. 49, and with more than 800 stores, Epicor customer
Christopher & Banks was heralded for
meeting the milestone of one-million members in its Friendship
Rewards Program launched in March, reflecting a measure of success
in the company's stated goal to build value for its customers and
differentiate its brand.
"Epicor is proud to congratulate all its retail customers named
to the Apparel Top 50 list on this most impressive distinction,"
said Randy Tofteland, executive vice president, retail software for
Epicor. "We are honored to play a role in supporting innovation and
creating business advantage for these retailers and we are glad to
see the apparel industry formerly recognize their
achievements."
According to Apparel, retailers who made this year's list are
succeeding in light of, "a contracting retail environment that
despite some recent gains continues to be plagued by the effects of
high unemployment, rising raw materials costs and lagging consumer
confidence." The article goes on to characterize this year's
featured retailers: "Striking a fine balance between caution and
aggression, this year's Apparel Top 50 companies are carefully
managing costs and inventories while continuing to invest in their
strongest brands and businesses, going social and expanding
internationally, to drive growth and gains in market share."
Today, many of the world's leading retailers utilize Epicor
Retail solutions and services to become more profitable, productive
and competitive. Epicor's solutions leverage proven Microsoft .NET
technology to improve business operations and meet the evolving
merchandise and service expectations of today's cross-channel
shoppers. Epicor delivers comprehensive retail management solutions
to enterprises in all tiers -- from regional chains to multichannel
global brands. Retail customers include hundreds of marquee names,
from Aéropostale, American Eagle Outfitters, and Ann Taylor to
Zales and Zumiez. Epicor employs more than 800 employees in
retail-focused operations.
About Epicor Software Corporation Epicor
Software is a global leader delivering business software solutions
to the manufacturing, distribution, retail, hospitality and
services industries. With 20,000 customers in over 150 countries,
Epicor provides integrated enterprise resource planning (ERP),
customer relationship management (CRM), supply chain management
(SCM) and enterprise retail software solutions that enable
companies to drive increased efficiency and improve profitability.
Founded in 1984, Epicor takes pride in more than 25 years of
technology innovation delivering business solutions that provide
the scalability and flexibility businesses need to build
competitive advantage. Epicor provides a comprehensive range of
services with a single point of accountability that promotes rapid
return on investment and low total cost of ownership, whether
operating business on a local, regional or global scale. The
Company's worldwide headquarters are located in Irvine, California
with offices and affiliates around the world. For more information,
visit www.epicor.com.
Epicor is a registered trademark of Epicor Software Corporation.
Other trademarks referenced are the property of their respective
owners. The product and service offerings depicted in this document
are produced by Epicor Software Corporation.
Contact: Lisa Preuss Epicor Software Corporation 949/585-4235
lpreuss@epicor.com Damon Wright Vice President, Investor Relations
Epicor Software Corporation 949/585-4509 dswright@epicor.com Erin
Lutz Lutz PR (on behalf of Epicor) 949/293-1055
erinlutz@cox.net
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