Swedish fashion chain Gina Tricot selects IFS Applications 9 to drive business efficiency

Gina Tricot to roll out IFS Applications 9 including assortment planning, sourcing and replenishment to some 200 stores in five countries

IFS, the global enterprise applications company, announces that leading Swedish fashion chain Gina Tricot has chosen to upgrade to IFS Applications™ 9 and extend its solution with built-in functionality to support assortment planning, allocation and replenishment.

Gina Tricot is a Swedish fashion chain that consists of some 200 stores across Sweden, Norway, Denmark, Finland and Germany, along with eCommerce presence in 30 countries.

The company decided to deploy IFS Applications 9 to benefit from a modern platform that can enable business development and process efficiency. By leveraging the layered application architecture and best-practice capabilities of IFS Applications 9, Gina Tricot will be able to significantly reduce the total cost of ownership.

In addition to upgrading to IFS Applications 9, Gina Tricot will extend its solution with built-in functionality to support assortment planning, allocation and replenishment, which is designed to help retailers respond to rapidly changing consumer behavior and demands.

“By implementing IFS Applications 9, we are able to eliminate a number of customizations in favor of best-practice out-of-the-box functionality, thereby providing a solid foundation for a unified way of working across the organization,” Gina Tricot CEO, Per-Johan Swartling, said. “We are also looking forward to leveraging the latest version’s flexible architecture and the usability enhancements offered by the IFS Lobbies.”

Glenn Arnesen, CEO of IFS in Scandinavia, said, “Retail is an important industry for IFS so we are very pleased to be able to continue our partnership with Gina Tricot, which is a highly visible and well-respected brand in the sector. Since its launch, IFS Applications 9 has been very well received among our customer base and we are convinced that its flexible architecture and robust industry functionality will help Gina Tricot improve process efficiency and reduce cost.”

For more information about how IFS supports retail companies, visit www.ifsworld.com/corp/industries/retail.

Anders Lundin, Corporate Communications. Telephone: 46 8 58 78 45 00, press@ifsworld.com

About Gina Tricot

 Gina Tricot is a Swedish fashion chain that consists of 200 stores across the following five markets: Sweden, Norway, Denmark, Finland and Germany. Combined with our growing online sales, we now reach fashion-conscious women in 30 countries across Europe – and we're still growing! In 2012, Gina Tricot reported sales of SEK 2.3 billion. We have a strategy of organic growth, since the key to success lies in sales. Our collection targets women of all ages and it includes everything from tailored outerwear to perfectly fitting jeans, essential basic items and glamorous party outfits. We are working more than ever on our concept in order to meet the growing demand from our new markets. Our focus is on delivering a concept, rather than a particular product, and our target group is international, fashion-conscious and diverse. www.ginatricot.com.

About IFS

IFS™ is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). Founded in 1983, IFS bring customers in targeted sectors closer to their business, helps them be more agile and prepare for what's next in their industry. IFS’s 2,800 employees support more than 1 million users worldwide from its network of local offices and through a growing ecosystem of partners. For more information, visit: IFSworld.com.

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