Blog: Computer calamity
Leonie Barrie | 5 May 2006
Earlier this week I wrote about a useful Software Scorecard that rates apparel-specific software systems based upon the results of user feedback. Well one piece of information that’s also emerged this week highlights just how difficult – and expensive – implementing an IT system can be.
Contained within retailer Matalan’s financial results was news that the company’s plunge in pre-tax profits from GBP80.5m to GBP36.3m was partly due to a GBP20.4m write-down on a new computer system. And what’s more, it’s considering suing the consultancy firm that advised it.
Kurt Salmon Associates was on hand to help Matalan overhaul its IT system between 2001 and 2004, but the discount fashion chain has now decided its old system was better. So instead of switching to the half-finished new one, it intends to keep the existing system. Even more humiliating is the fact that the key replenishment and merchandising systems have yet to be finished, and five years down the line the company is no further forward...just poorer.
Fashion retailer H&M and UK based glove and leather manufacturer Pittards both say they are monitoring the situation in Ethiopia closely after the country's government declared a state of emergency af...
Increasing competition for garment sourcing contracts is seeing China not only being challenged by other countries in Asia, but by sub-Saharan African and even Russian suppliers too. And it is pushing...
The monthly minimum wage for workers in Cambodia's textile, garment and footwear sector is set to rise to $153 from January next year, following a vote on the issue last week. The increase marks a ris...
The results of two highly-anticipated initiatives in the sportswear sphere were revealed last week: the launch of Under Armour’s new UAS lifestyle brand and the first pair of running shoes created at ...
- Fashion fit for the future – strategies for speed
- Digitisation to drive new apparel-making models
- Will new Vietnam wage hinder competitiveness?
- Under Armour Lighthouse will disrupt production
- Pakistan industry seeks help to kickstart exports
- Child refugees found in Turkey apparel factories
- Chinese manufacturer invests $20m in US facility
- Reebok Liquid Factory reinvents shoe production
- US Q3 in brief - Under Armour, VF Corp, Skechers
- Gap to shutter all UK Banana Republic stores
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020