VF Sportswear Inc., a subsidiary of VF Corporation (NYSE: VFC), announced that it has selected 7thOnline, Inc., a leading provider of assortment planning and optimization solutions to the apparel, footwear and accessories industries, to provide assortment planning and online showroom solutions for its branded lifestyle apparel. VF Sportswear, Inc. has begun implementing the solutions among its Nautica® and Kipling® brands.
7thOnline Assortment Planning enables VF Sportswear’s brands to prepare optimal assortment plans for retailers by individual retail location prior to going to market. VF Sportswear associates can share real-time plan information directly with retail buyers via an Internet browser to improve buying and inventory decisions.
“The 7thOnline Assortment Planning tool provides VF Sportswear a more efficient, proactive and accurate process for assortment planning as we build our lifestyle brands and retail relationships,” said Denise Seegal, President of VF Sportswear. “7thOnline enables us to cater to the specific and unique needs of our retail customers’ individual doors, ensuring the most productive placement of product.”
VF Sportswear also is implementing the 7thOnline eSHOWROOM tool to manage relationships with specialty retailers. eSHOWROOM provides buyers access to real-time product information and images, as well as the ability to transmit orders electronically. The tool is accessible remotely to buyers at any time, leading to more efficient management of more frequent, smaller buys.
“The 7thOnline web-driven approach to assortment planning provides immediate improvements in sales, customer service, fill rates and inventory management,” said Martin Schneider, Vice President and Chief Information Officer for VF Corporation. “These tools allow for real-time collaboration with our retail partners, and help our brands to effectively manage global demand.”
About VF
VF Corporation is a global leader in lifestyle apparel with a diverse portfolio of jeanswear, outdoor, imagewear, sportswear and contemporary apparel brands. Its principal brands include Wrangler®, Lee®, Riders®, The North Face®, Vans®, Reef®, Eagle Creek®, Eastpak®, JanSport®, Napapijri®, Nautica®, Kipling®, John Varvatos®, 7 For All Mankind®, lucy®, Majestic® , Lee Sport® and Red Kap®.
VF Corporation's press releases, annual report and other information can be accessed through the Company's home page, www.vfc.com.
About 7thOnline, Inc.
7thOnline is the premiere provider of web-centric assortment planning and optimization solutions targeted to the global apparel, footwear, and accessories community. 7thOnline's offerings encompass visual and quantitative top-down and bottom-up assortment planning tools, powerful analytical and optimization engines, and automatic order transmission capabilities in multiple formats. 7thOnline's user community includes AK Anne Klein, Belk, Dillard’s, IZOD, Jones New York, Kellwood Company, KDD Men’s Sportswear, Kipling, Kohl’s, Liz Claiborne, Liz Claiborne Accessories, Macy’s Inc., Nautica, Phat Farm, Phillips-Van Heusen, Sigrid Olsen, Sag Harbor, VF Corp., Villager, XOXO, and others.
Contacts:
Paul Mason, Director, Corporate Communications,
333-424-6192
or
7thOnline
Jennifer
Prentiss, Director of Business Development,
415-829-3125
