Technology

Infor to Acquire GT Nexus

Enterprise software solutions firm Infor announced Tuesday that it has entered into a deal to acquire GT Nexus, the world’s largest cloud-based global commerce platform, for $675 million.

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FashionTechnology

Can PLM Systems Help Apparel Companies Catch Up With Fast Fashion?

Today’s consumers want fast fashion and they want it now. They want more choices, more often, at bargain-basement prices—and such demands have caught apparel companies in a chokehold. To keep their trend-conscious customers coming back regularly, retailers are requesting faster fashion cycles, a wider range of SKUs, cheaper prices and shorter lead times from their suppliers.

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RetailTechnology

Fighting Markdowns with Better Software

Relentless pressures for markdowns show no sign of abating in the retail fashion business. Many top brands, including Abercrombie & Fitch, Gap, and Victoria’s Secret made no secret of their need to slash prices in the 2013 holiday season. Smaller firms felt even larger pressure… Read More

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