WALLDORF, Germany, May 27, 2014 /PRNewswire/ -- SAP AG (NYSE: SAP) today announced the SAP® Fashion Management application, developed in collaboration with leading fashion brands and retailers, as well as through a collaboration with attune consulting.
Initially announced in January 2014, SAP Fashion Management is a vertical wholesale, manufacturing and retail solution that aims to bring all business operations onto a single platform powered by SAP HANA® to help enable faster fashion and grow an adaptable global business while helping increase revenues, margin and efficiency. Leading fashion retailers Giorgio Armani and Luxottica have begun implementation of SAP Fashion Management with the goal of bringing wholesale and retail operations onto a single, vertical platform sharing the same master data, global inventory and processes. "We at Luxottica are thrilled to have begun our implementation project and we are currently in the process of migrating systems," said Dario Scagliotti, Group CIO, Luxottica. "Over the coming months, we anticipate big and exciting changes for our current operations." SAP will host a panel discussion at SAPPHIRE® NOW, being held June 3-5, 2014, in Orlando, Florida, where attendees can learn more about SAP Fashion Management from executives and customers. For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews. Media Contact: Janice Edman, +1 (650) 223-4817, firstname.lastname@example.org, EDT Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.