Lucky Brand aims to streamline business processes across its retail and wholesale operations. The denim brand announced it has implemented NetSuite OneWorld, a cloud-based financial and omnichannel software suite designed to make it a more agile, flexible and scalable business.
NetSuite OneWorld runs Lucky Brand’s mission-critical business processes across its B2C and B2B wholesale operations for financial consolidation, inventory management, procure-to-pay, fixed assets, and multi-currency and multi-tax compliance management. The program was implemented in just months, speeding time-to-value and creating significant IT savings.
Lucky Brand was acquired by Leonard Green & Partners from Fifth & Pacific Companies in 2014. Since the purchase, the company has been shopping around for a “quick transition” off its legacy ERP platforms.
Jason Richard, Lucky Brand CIO, said, “We’re now equipped with a highly scalable, flexible platform to streamline complex retail processes and gain complete, real-time financial and inventory visibility across the business to enable a superior omnichannel customer experience.”