27 February 2024
itim Group
plc
("itim"
or "the Company" and together with its subsidiaries "the
Group")
Contract Win with QUIZ
clothing
itim Group plc, a SaaS based
technology company that enables store-based retailers to
optimise their businesses to improve financial performance, is
pleased to announce the contract win and go live of itim's Omni
channel retail platform for QUIZ clothing, a fashion retailer
specialising in occasion wear and dressy casual wear with 73 stores
and 274 concessions in the UK.
This five year multi-million-pound
contract is a significant achievement for itim, as QUIZ is the
first fashion retailer in its customer portfolio to implement the
end-to-end retail platform as well as its new wholesale
module. The addition of the wholesale module and fashion
capabilities completes The Retail Suite product development and
will enable itim to offer our platform to other fashion retailers.
QUIZ will utilise the platform to drive omni-channel customer
journeys online, via an app and in store, alongside driving its
core retail and wholesale businesses.
itim's Retail Suite product, soon to
be rebranded as UNIFY, provides its customers with a full
omni-channel offering which allows retailers to drive sales and
profitability by adopting the principles of Unified
Retailing.
Ali
Athar, Chief Executive Officer, commented:
"We are delighted to have been selected by Quiz to work with
them to enhance and expand their omni-channel capabilities. This
important contract demonstrates the breadth and depth of our
platform and our ability to add value in the highly
customer-centric fashion sector."
The Company also expects to provide
a general trading update for the period ended 31 December 2023,
shortly.
Enquiries:
|
Itim Group plc
|
Ali Athar, CEO
Ian Hayes CFO
|
0207 598
7700
|
|
WH
Ireland (NOMAD & Broker)
|
Katy Mitchell
Harry Ansell
Darshan Patel
|
0207 220
1666
|
|
IFC
Advisory
|
Graham Herring
Florence Chandler
|
0207 3934
6630
|
This announcement contains
inside information for the purposes of Article 7 of the UK version
of Regulation (EU) No 596/2014 which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information
Service, this inside information is now considered to be in the
public domain.
ABOUT ITIM
itim was established in 1993 by its
founder, and current Chief Executive Officer, Ali Athar. itim was
initially formed as a consulting business, helping retailers effect
operational improvement. From 1999 the Company began to expand into
the provision of proprietary software solutions and by 2004 the
Company was focused exclusively on digital technology. itim has
grown both organically and through a series of acquisitions of
small, legacy retail software systems and associated applications
which itim has redeveloped to create a fully integrated