Fashionchain Transfers Operational Headquarters to New York.Business/High Tech/Retail & Manufacturing Editors NEW YORK--(BUSINESS WIRE)--Sept. 14, 2000 Essentus International Inc., a leading provider of business-to-business software and services to the softgoods industry, announced today the intention of its corporate parent to move the operational headquarters of its fashionchain division from Montreal, Canada to the fashion district in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . "Montreal has been our traditional home and has an active apparel community," stated Michael Wybo, senior vice president and managing director of fashionchain. "However, New York City is clearly where we can best leverage our already strong expertise with partners and customers in the heart of the industry." Fashionchain will be relocating its management operations to New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of over the next few weeks. Marketing and Sales are already established at offices in the section of New York City KILL *district* populated pop·u·late tr.v. pop·u·lat·ed, pop·u·lat·ing, pop·u·lates 1. To supply with inhabitants, as by colonization; people. 2. by the garment manufacturers and leading fashion designers. Software development activities will remain in Montreal for the immediate future where there is a strong established technology presence. "Moving the operational headquarters of fashionchain to New York complements our strategy of having an important presence in the apparel and softgoods design and manufacturing capitals of the world. Fashionchain will have a presence in New York, Montreal, and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and manage its European operations from Paris. Fashionchain is tied into the industry at its major centers and will be able to interact quickly and effectively with the people who make this business move" said Wybo. More about fashionchain Fashionchain uses the Internet to redesign re·de·sign tr.v. re·de·signed, re·de·sign·ing, re·de·signs To make a revision in the appearance or function of. re and manage workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. across businesses in apparel and footwear retail and manufacturing, thereby reducing transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). and increasing service levels by improving and integrating business processes along the value chain. Fashionchain, a division of Essentus, offers a complete set of web-based products and services for softgoods manufacturers, distributors, retailers, and importers of all sizes. Fashionchain's web site is accessible at www.fashionchain.com and can be contacted directly at 888-327-5460. Copyright (2000) Essentus Inc. ALL RIGHTS RESERVED. Fashionchain is a trademark of Essentus Inc. All information contained in this document is the property of Essentus Inc. All other company and product names are trademarks of their respective owners. |
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