La plus grosse commande remportée pour un produit de mode phare
7 Mars 2023
OBJECTIF : KBT
K3 BUSINESS TECHNOLOGY GROUP PLC
("K3" or "the Group" or "the Company")
Provider of business-critical software solutions focused on fashion and apparel brands
La plus grosse commande remportée pour un produit de mode phare
K3, which provides business‐critical software solutions focused on fashion and apparel brands, is pleased to announce the signing of its largest ever software licence contract for its flagship fashion product, K3 fashion. The three-year software contract has a gross value of EUR 1.6m and has been agreed with a global luxury apparel group.
The luxury retailer was secured as a new customer last January 2022 via K3's channel partner network. At that time, the customer bought EUR 30k of software licences in a 12-month contract covering the piloting of the product. With the success of the pilot, the software contract has been expanded substantially, with this sales process being typical for K3 fashion. The new contract has significantly increased the total value of annualised recurring contracts of strategic products.
K3 fashion is an enterprise solution, based on Microsoft Dynamics 365 and was specifically developed for the fashion and apparel markets. It is endorsed by Microsoft as its globally recommended 'add-on' for the fashion sector. It is a comprehensive 'concept-to-consumer' solution that enables customers to manage more effectively all processes connected to product design, manufacturing, supply and returns. Its modules also specifically address customers' Sustainability issues, including supply chain traceability and enable seamless engagement with end-customers across all sales channels, digital and physical. It is typically bought as a cloud-based Software-as-a-Service (SaaS) solution.
Cette annonce contient des informations privilégiées aux fins de l'article 7 du règlement sur les abus de marché (UE) 596/2014, car elle fait partie du droit interne britannique en vertu de la loi de 2018 de l'Union européenne (retrait) ("MAR"), et est divulguée conformément aux obligations de la société en vertu de l'article 17 du MAR.
Enquêtes
K3 Business Technology Group plc | Marco Vergani, président-directeur général | |
Robert Price, directeur financier | T: 0161 876 4498
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FinnCap Limited (NOMADE & Broker) | Julian Blunt (Corporate Finance) Sunila De Silva (courtage d'entreprise) | T: 020 7220 0500 |
Communications KTZ | Katie Tzouliadis/ Robert Morton/ Dan Maloney | T: 020 3178 6378 |
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