Home Press release Furla to expand globally with TXT Retail

Furla to expand globally with TXT Retail

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The fast-growing leather-goods brand selects TXT Retail software to plan and execute lifestyle strategy world-wide

FURLA GINZA TOKYO exteriorMilan, December 15th 2015 – TXT Retail today announced that Furla, the Italian fashion company of high-quality bags, shoes and accessories, has selected the TXTPlanning solution as its corporate Planning platform.

From London to Tokyo, from New York to Singapore, TXTPlanning will support Furla in planning fashionable ranges for its global retail chain from ‘end to end’, from merchandise financial planning, to open-to-buy and assortment planning across all of its products, channels, markets.

The project in partnership with Deloitte, one of the largest professional services firms, applies the TXT AgileFit deployment methodology which provides reference processes and best practices that accelerate roll-out times and time to achieve benefits.

“Furla is growing at an incredible pace, both in terms of the markets we serve and depth of our assortment. Furla is renowned as a ’lifestyle’ brand. Its collections do not only include bags, but also shoes and leather accessories, in addition to which are the jewellery, glasses, textile accessories and a new line for men,” Furla explained. “We were looking for a planning solution which could help us integrate the process from strategy to customer, tailor our assortments to different geographies and stores, as well as to obtain the ‘end to end’ visibility which will help our merchants and buyers always make informed decisions thanks to effective information sharing. We found in TXTPlanning the best fit to our needs, while the joint Deloitte and TXT team was fast in understanding our requirements.”

Furla was created by the Furlanetto family over 80 years ago and still maintains family ownership combined with a strongly managerial company structure: ‘tradition that is constantly renewed’ is the company motto. From its headquarters in Bologna, a historic 18th century villa, the company promotes and develops its international markets, currently distributing its collections to 100 countries. Its products are present in over 1100 sales outlets – multibrand and department stores – and in 398 single brand boutiques located in the world’s most elegant fashion and shopping streets.

“We are delighted to work with a prestigious brand such as Furla and to support them on this strategic project for the business,” commented Patrizia Arienti, Fashion and Luxury EMEA Leader at Deloitte. ”Our system integration specialists will assist them along the journey with a customer-focused and value driven approach which will help Furla’s team manage change effectively while reaping the full benefits of the TXT solution.”

“With solid roots and traditions, along with a strong vocation for innovation and internationalization, Furla’s background and vision fit perfectly with TXT’s experience in serving Fashion and Luxury leaders,” concluded Simone Pozzi, EVP Managing Director at TXT Retail. “We are excited to be supporting Furla as they grow their business and retail network and are delighted to have our planning solution recognized as a key technology enabler in realizing their vision. Synergies between Deloitte and our team are proving extremely effective.”

About TXT Retail

TXT Retail is the first mover and leading provider of integrated and collaborative End-to-End Planning, PLM and Supply Chain Collaboration solutions for the Luxury, Fashion and Consumer sectors. The TXT Retail solution is based on a flexible platform that encompasses the full spectrum of activities involved with planning, designing, delivery, and managing assortments through every stage of its lifecycle. TXT Retail projects leverage the TXT AgileFit best practices processes and reference applications, which ensure high quality and fast benefit generation. TXT Retail counts on more than 300 employees and serves more than 300 Fashion, Retail and Luxury customers worldwide, including leading global players such as Aeropostale, Arcadia Group, Auchan, Bestseller, Carphone Warehouse, Desigual, Dior, Geox, Guess, Levi Strauss & Co., Louis Vuitton Malletier, Monoprix, Pandora, Sephora and Tesco. TXT Retail Global Headquarters are in Milan, Italy with offices in Australia, Canada, France, Germany, Hong Kong, Italy, Singapore, Spain, United Kingdom and United States. TXT Retail collaborates with selected specialized partners worldwide. TXT Retail is part of TXT e-solutions, a company listed on the Italian Stock Exchange (TXT.MI) www.txtretail.com

Lydia Mageean Lydia Mageean has been part of the WhichPLM team for over six years now. She has a creative and media background, and is responsible for maintaining and updating our website content, liaising with advertisers, working on special projects like the Annual Review, and more.Joining mid-2013 as our Online Editor, she has since become WhichPLM’s Editor. In addition to taking on writing and interviewing responsibilities, Lydia has also become the primary point of contact for news, events, features and other aspects of our ever-growing online content library and tools.