GK Software SE - Regulatory Filings 2016

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Media | 4 August 2016 14:27

GK Software AG: GERRY WEBER opts for new store-level software by SAP and GK Software

DGAP-Media / 2016-08-04 / 14:27

GERRY WEBER International AG has decided to implement the SAP Omnichannel Point-of-Sale by GK application in approximately 1,000 GERRY WEBER and HALLHUBER stores in 18 countries. The roll-out of this new POS solution forms part of a wider project to transition the company’s central systems to SAP Fashion Management.

GERRY WEBER International AG is the latest in a line of leading international fashion companies to select the SAP POS solution by GK Software. During the project, which forms part of an extensive modernization program based on SAP solutions, SAP Omnichannel Point-of-Sale by GK will completely replace the point-of-sale software currently used in all GERRY WEBER and HALLHUBER stores. This will provide GERRY WEBER with a standardized and scalable solution that is seamlessly integrated in the central SAP systems, while also adding new functionalities to the existing business processes within both retail formats. Michel Feurich, CIO of GERRY WEBER, sums up the reasoning behind the decision as follows: “We were looking for a standard solution that would enable us to respond very rapidly to market developments and changing customer behavior. At the same time, by utilizing a homogeneous, technologically leading solution that could be integrated into our new SAP world, we wanted to gain the long-term certainty of being well equipped to cope with the future challenges in a competitive landscape.”

Developed by market leader GK Software, SAP Omnichannel Point-of-Sale by GK is a completely new and innovative software solution that draws on the company’s 25-plus years of expertise in store-level systems. First of all, the new solution is being adapted in line with the specific needs of the GERRY WEBER and HALLHUBER retail formats. The solution will then be rolled out step by step in all 18 countries in which the company has its own stores. GK Software is handling the implementation itself and all country-specific requirements will be integrated into a single version of the solution. When the project is complete, all GERRY WEBER stores around the world will use the same software, leading to a sustainable reduction in operating costs, maintenance costs and development costs.

About the GERRY WEBER Group

GERRY WEBER International AG, headquartered in Halle/Westphalia, operates on a global scale and unites four strong fashion brands under one roof: GERRY WEBER, TAIFUN, SAMOON by GERRY WEBER and HALLHUBER. The SDAX-listed GERRY WEBER Group generated sales revenues of EUR 920.8 million (financial year 2014/2015). Since its beginning in 1973 GERRY WEBER International AG has become one of the most famous and successful German fashion and lifestyle companies with nearly 1,270 company-managed stores and sales spaces (incl. 275 from HALLHUBER), more than 2,500 shop-in-shops and 270 franchised stores worldwide as well as brand online-shops in nine countries. The company is constantly expanding its position as a global player with some 7,000 employees (including approximately 1,500 from HALLHUBER) worldwide and distribution channels in more than 60 countries, and is one of the largest listed fashion companies in Germany. The Managing Board consists of CEO Ralf Weber, responsible for Wholesale and Corporate Development, Dr. David Frink, responsible for Finance, Logistics, IT, Administration, Production and Human Resources Management as well as Norbert Steinke, responsible for the Retail and Licensing segments.

About GK Software AG

GK Software AG is a leading developer and provider of standard software for the retail sector, and currently counts 20 percent of the world’s 50 largest retailers among its customer base. The company offers an extensive range of solutions for stores and enterprise headquarters as well as for the implementation of contemporary omni-channel retail concepts. Thanks to its open and platform-independent software solutions in the GK/Retail Suite, the company has established itself as one of the market’s leading providers of technology and innovations. Its solutions enable retail chains with numerous stores to optimize their business processes and to benefit from significant potential for saving costs and implementing customer loyalty programs in order to improve their competitiveness. In addition to its own software solutions, GK Software AG also offers customers a comprehensive range of implementation and maintenance services. Having been acquired in 2013, AWEK GmbH and in 2015, the retail segment of DBS Data Business Systems Inc.

The company employs 794 members of staff (figures for 30 March 2016) across its headquarters in Schöneck (Germany) and other business locations in Germany, Czech Republic, Switzerland, South Africa, Russia and the USA. GK Software AG’s customers include many well-known retailers from both Germany and beyond, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Loblaw, Migros, Netto Marken-Discount and Tchibo. The software is currently being used at 216,000 installations across approximately 40,000 stores in 42 countries. The company has grown rapidly in recent years and its sales revenues totaled EUR 62.6 million in 2015. Since launching the company in 1990, the two founders Rainer Gläß (CEO) and Stephan Kronmüller (deputy board member), together with the experienced management team, have shaped GK Software AG into a profitable company exhibiting strong growth.

Further information about the company: http://www.gk-software.com

Contact

Press

GK Software AG

Dr. René Schiller

Phone: +49 (0)37464-84-264

Fax: +49 (0)37464-84-15

E-mail: [email protected]

End of Media Release

Issuer: GK Software AG

Key word(s): Information technology

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Language:	English
Company:	GK Software AG
	Waldstraße 7
	08261 Schöneck
	Germany
Phone:	+49 (0)3 74 64 84 – 0
Fax:	+49 (0)3 74 64 84 – 15
E-mail:	[email protected]
Internet:	www.gk-software.com
ISIN:	DE0007571424
WKN:	757142
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart, Tradegate Exchange