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WE Fashion Restyles its Operations with Oracle Cloud - Oracle (NYSE:ORCL)
Leading European retailer selects Oracle retail and warehouse management solutions to increase efficiency and security as it grows its omnichannel business AUSTIN, Texas and UTRECHT, Netherlands, Jan. 21, 2025 /PRNewswire/ -- WE Fashion (WE®), one of the Netherlands' most recognized fashion retailers, has selected Oracle Cloud to redesign its business processes and increase the agility and security of its omnichannel operations. The family-owned business established in 1962 caters to men, women, and kids in over 25 countries across various channels and online partners. By moving to the cloud with the Oracle Retail Suite and Oracle Fusion Cloud Warehouse Management, WE® will be able to leverage the power of AI to optimize merchandise management across its 133 stores and distribution centers, enabling an enhanced shopping experience for its valued customers, no matter how or where they shop. "WE Fashion has been on a multiyear IT transformation spanning our entire technology landscape," said Joris Aperghis, WE Fashion's CEO. "As a longtime partner, Oracle was a natural option as we looked to move our systems to the cloud, enabling enhanced business continuity, strengthened cybersecurity, and greater innovation. After a very thorough comparison with alternative vendors and detailed discovery process with Oracle, we chose them. With these systems, we will be well positioned to support growth, navigate the changing demands of the market, and continually delight and engage our customers." WE® will implement Oracle Retail Merchandising Cloud Services together with Oracle Retail AI Foundation to help the retailer automate best practices, optimize stock allocation and planning, and leverage core retail AI and machine learning to make more proactive and informed decisions on assortments, offers, inventory placement, forecasts, planning, buying, pricing, and more. Oracle Retail Supplier Evaluation will also help WE® operationalize its sustainability commitments and support ESG reporting requirements by collecting insights directly from suppliers on elements such as greenhouse gas emissions. And Oracle Warehouse Management, part of Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), will boost efficiency for WE®'s distribution centers to meet demand-driven fulfillment and provide better inventory visibility. The implementations will be supported by Oracle's Retail and Fusion Application Consulting teams. "By advancing its digital transformation in the cloud with Oracle, WE® will be able to enhance security, business processes, and efficiency from its distribution centers to its storefronts," said Alex Alt, executive vice president and general manager, Oracle Consumer Industries. "Coupled with the power of AI, these technologies can help WE® make more informed decisions and pivot faster to respond to market and consumer trends." To see these solutions in action, join Oracle at EuroCIS February 18-20th in Düsseldorf, Germany Hall 10/Booth C42. Learn more at: https://www.eurocis-tradefair.com/ About WE Fashion WE Fashion, founded in 1962, is a Dutch fashion brand with stylish, high-quality collections for Men, Women, and Kids. With its 'Life is Better Together' mission, WE Fashion stands for human connections and wants to help customers to dress 'Casually Stylish' for all the moments in life that matter. Life is a series of moments, expected and unexpected, so WE® believes everyone can WEAR THE MOMENT. The collections are sold direct to customers in stores and wefashion.com, as well as via online partners (including About You, bol, Wehkamp, and Zalando). The WE® IS ME customer program offers omnichannel rewards and connectivity, along with the option for store staff to order online for consumers, further complements the experience. With 133 stores and 1500 employees across the Netherlands, Belgium, Germany and Switzerland, it is also distributed by pure players in 25 countries, including Austria, France, Italy, Spain, Finland, Poland and Denmark. The international organization's distribution center and headquarters are located in Utrecht, the Netherlands. About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle ORCL, please visit us at oracle.com. Trademarks Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company -- ushering in the new era of cloud computing. View original content to download multimedia:https://www.prnewswire.com/news-releases/we-fashion-restyles-its-operations-with-oracle-cloud-302354670.html SOURCE Oracle ORCLOracle Corp$161.191.03%Overview Rating:Good62.5%Technicals Analysis1000100Financials Analysis400100WatchlistOverviewMarket News and Data brought to you by Benzinga APIs
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WE Fashion Restyles its Operations with Oracle Cloud
Leading European retailer selects Oracle retail and warehouse management solutions to increase efficiency and security as it grows its omnichannel business AUSTIN, Texas and UTRECHT, Netherlands, Jan. 21, 2025 /PRNewswire/ -- WE Fashion (WE), one of the Netherlands' most recognized fashion retailers, has selected Oracle Cloud to redesign its business processes and increase the agility and security of its omnichannel operations. The family-owned business established in 1962 caters to men, women, and kids in over 25 countries across various channels and online partners. By moving to the cloud with the Oracle Retail Suite and Oracle Fusion Cloud Warehouse Management, WE will be able to leverage the power of AI to optimize merchandise management across its 133 stores and distribution centers, enabling an enhanced shopping experience for its valued customers, no matter how or where they shop. "WE Fashion has been on a multiyear IT transformation spanning our entire technology landscape," said Joris Aperghis, WE Fashion's CEO. "As a longtime partner, Oracle was a natural option as we looked to move our systems to the cloud, enabling enhanced business continuity, strengthened cybersecurity, and greater innovation. After a very thorough comparison with alternative vendors and detailed discovery process with Oracle, we chose them. With these systems, we will be well positioned to support growth, navigate the changing demands of the market, and continually delight and engage our customers." WE will implement Oracle Retail Merchandising Cloud Services together with Oracle Retail AI Foundation to help the retailer automate best practices, optimize stock allocation and planning, and leverage core retail AI and machine learning to make more proactive and informed decisions on assortments, offers, inventory placement, forecasts, planning, buying, pricing, and more. Oracle Retail Supplier Evaluation will also help WE® operationalize its sustainability commitments and support ESG reporting requirements by collecting insights directly from suppliers on elements such as greenhouse gas emissions. And Oracle Warehouse Management, part of Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), will boost efficiency for WE's distribution centers to meet demand-driven fulfillment and provide better inventory visibility. The implementations will be supported by Oracle's Retail and Fusion Application Consulting teams. "By advancing its digital transformation in the cloud with Oracle, WE will be able to enhance security, business processes, and efficiency from its distribution centers to its storefronts," said Alex Alt, executive vice president and general manager, Oracle Consumer Industries. "Coupled with the power of AI, these technologies can help WE make more informed decisions and pivot faster to respond to market and consumer trends." To see these solutions in action, join Oracle at EuroCIS February 18-20 in Düsseldorf, Germany Hall 10/Booth C42. Learn more at: https://www.eurocis-tradefair.com/ About WE Fashion WE Fashion, founded in 1962, is a Dutch fashion brand with stylish, high-quality collections for Men, Women, and Kids. With its 'Life is Better Together' mission, WE Fashion stands for human connections and wants to help customers to dress 'Casually Stylish' for all the moments in life that matter. Life is a series of moments, expected and unexpected, so WEbelieves everyone can WEAR THE MOMENT. The collections are sold direct to customers in stores and wefashion.com, as well as via online partners (including About You, bol, Wehkamp, and Zalando). The WE IS ME customer program offers omnichannel rewards and connectivity, along with the option for store staff to order online for consumers, further complements the experience. With 133 stores and 1500 employees across the Netherlands, Belgium, Germany and Switzerland, it is also distributed by pure players in 25 countries, including Austria, France, Italy, Spain, Finland, Poland and Denmark. The international organization's distribution center and headquarters are located in Utrecht, the Netherlands. About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com. Trademarks Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company -- ushering in the new era of cloud computing. View original content to download multimedia:https://www.prnewswire.com/news-releases/we-fashion-restyles-its-operations-with-oracle-cloud-302354670.html
[3]
WE Fashion Restyles its Operations with Oracle Cloud By Investing.com
Leading European retailer selects Oracle retail and warehouse management solutions to increase efficiency and security as it grows its omnichannel business and , /PRNewswire/ -- WE Fashion (WE), one of most recognized fashion retailers, has selected Oracle Cloud to redesign its business processes and increase the agility and security of its omnichannel operations. The family-owned business established in 1962 caters to men, women, and kids in over 25 countries across various channels and online partners. By moving to the cloud with the Oracle Retail Suite and Oracle Fusion Cloud Warehouse Management, WE will be able to leverage the power of AI to optimize merchandise management across its 133 stores and distribution centers, enabling an enhanced shopping experience for its valued customers, no matter how or where they shop. "WE Fashion has been on a multiyear IT transformation spanning our entire technology landscape," said , WE Fashion's CEO. "As a longtime partner, Oracle was a natural option as we looked to move our systems to the cloud, enabling enhanced business continuity, strengthened cybersecurity, and greater innovation. After a very thorough comparison with alternative vendors and detailed discovery process with Oracle, we chose them. With these systems, we will be well positioned to support growth, navigate the changing demands of the market, and continually delight and engage our customers." WE will implement Oracle Retail Merchandising Cloud Services together with Oracle Retail AI Foundation to help the retailer automate best practices, optimize stock allocation and planning, and leverage core retail AI and machine learning to make more proactive and informed decisions on assortments, offers, inventory placement, forecasts, planning, buying, pricing, and more. Oracle Retail Supplier Evaluation will also help WE ® operationalize its sustainability commitments and support ESG reporting requirements by collecting insights directly from suppliers on elements such as greenhouse gas emissions. And Oracle Warehouse Management, part of Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), will boost efficiency for WE's distribution centers to meet demand-driven fulfillment and provide better inventory visibility. The implementations will be supported by Oracle's Retail and Fusion Application Consulting teams. "By advancing its digital transformation in the cloud with Oracle, WE will be able to enhance security, business processes, and efficiency from its distribution centers to its storefronts," said , executive vice president and general manager, Oracle Consumer Industries. "Coupled with the power of AI, these technologies can help WE make more informed decisions and pivot faster to respond to market and consumer trends." To see these solutions in action, join Oracle at EuroCIS in Düsseldorf, Germany Hall 10/Booth C42. Learn more at: https://www.eurocis-tradefair.com/ About WE Fashion WE Fashion, founded in 1962, is a Dutch fashion brand with stylish, high-quality collections for Men, Women, and Kids. With its 'Life is Better Together' mission, WE Fashion stands for human connections and wants to help customers to dress 'Casually Stylish' for all the moments in life that matter. Life is a series of moments, expected and unexpected, so WEbelieves everyone can WEAR THE MOMENT. The collections are sold direct to customers in stores and wefashion.com, as well as via online partners (including About You, bol, Wehkamp, and Zalando). The WE IS ME customer program offers omnichannel rewards and connectivity, along with the option for store staff to order online for consumers, further complements the experience. With 133 stores and 1500 employees across , , and , it is also distributed by pure players in 25 countries, including , , , , , and . The international organization's distribution center and headquarters are located in . About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
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WE Fashion Taps Oracle Cloud For Global Retail Solutions: Details - Oracle (NYSE:ORCL)
Oracle's AI-powered Retail Suite will optimize inventory, operations, and sustainability for WE. Oracle Corporation ORCL disclosed that WE Fashion had chosen Oracle Cloud to modernize its business processes and enhance the agility and security of its omnichannel operations. WE Fashion is one of the leading fashion retailers in Netherlands that serves men, women, and kids across 25+ countries through various channels and online partners. By adopting the Oracle Retail Suite and Oracle Fusion Cloud Warehouse Management, WE Fashion aims to harness AI to optimize merchandise management across its 133 stores and distribution centers. WE Fashion will use Oracle Retail Merchandising Cloud Services and AI Foundation to streamline operations, optimize inventory, and enhance decision-making with AI-driven insights. Joris Aperghis, WE Fashion's CEO said, "As a longtime partner, Oracle was a natural option as we looked to move our systems to the cloud, enabling enhanced business continuity, strengthened cybersecurity, and greater innovation. After a very thorough comparison with alternative vendors and detailed discovery process with Oracle, we chose them." "With these systems, we will be well positioned to support growth, navigate the changing demands of the market, and continually delight and engage our customers." Last week, Oracle stated that its project and financial management solutions is expected to support Atlas Salt, Inc. in developing the Great Atlantic Salt (GAS) deposit. The GAS project aims to produce up to 2.5 million tons of rock salt annually. Investors can gain exposure to the stock via Pacer Funds Pacer Data and Digital Revolution ETF TRFK and iShares Expanded Tech-Software Sector ETF IGV. Price Action: ORCL shares are up 1.34% at $163.20 premarket at the last check Tuesday. Read Next: Elon Musk, Jeff Bezos, Mark Zuckerberg Among Those In Race To Become First Trillionaires, Oxfam Warns Of Growing Wealth Inequality Photo via Shutterstock. ORCLOracle Corp$162.911.17%Overview Rating:Good62.5%Technicals Analysis1000100Financials Analysis400100WatchlistOverviewIGViShares Expanded Tech-Software Sector ETF$100.870.55%TRFKPacer Funds Pacer Data and Digital Revolution ETF$52.39-% This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs
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WE Fashion, a leading European retailer, selects Oracle Cloud solutions to modernize its operations, leveraging AI for enhanced merchandise management and customer experience across its omnichannel business.
WE Fashion, a prominent Dutch fashion retailer, has chosen Oracle Cloud to revamp its business processes and enhance its omnichannel operations. The family-owned business, established in 1962, serves customers across 25 countries and is set to leverage Oracle's AI-powered solutions to optimize its retail operations 1.
By implementing Oracle Retail Merchandising Cloud Services and Oracle Retail AI Foundation, WE Fashion aims to:
This AI-powered approach is expected to enhance the shopping experience for customers across WE Fashion's 133 stores and distribution centers 2.
The move to Oracle Cloud is part of WE Fashion's multiyear IT transformation. Joris Aperghis, WE Fashion's CEO, emphasized the benefits of this transition:
"Oracle was a natural option as we looked to move our systems to the cloud, enabling enhanced business continuity, strengthened cybersecurity, and greater innovation." 3
WE Fashion will also implement Oracle Retail Supplier Evaluation to support its sustainability commitments. This tool will help collect insights directly from suppliers on elements such as greenhouse gas emissions, facilitating ESG reporting requirements 4.
Oracle Warehouse Management, part of Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), will be employed to boost efficiency in WE Fashion's distribution centers. This is expected to improve demand-driven fulfillment and provide better inventory visibility 1.
Alex Alt, executive vice president and general manager of Oracle Consumer Industries, commented on the partnership:
"By advancing its digital transformation in the cloud with Oracle, WE will be able to enhance security, business processes, and efficiency from its distribution centers to its storefronts. Coupled with the power of AI, these technologies can help WE make more informed decisions and pivot faster to respond to market and consumer trends." 2
This collaboration between WE Fashion and Oracle showcases the growing trend of retailers adopting cloud-based, AI-powered solutions to stay competitive in the rapidly evolving retail landscape.
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