DALLAS, June 8, 2015 (GLOBE NEWSWIRE) -- Speed Commerce, Inc. (Nasdaq:SPDC), a leading provider of ecommerce technology and omni-channel solutions for retailers, has signed an agreement with Gildan Activewear Inc. ("Gildan"), a manufacturer and marketer of branded basic apparel, to build, deploy and maintain a new global ecommerce platform to support Gildan's B2B and B2C channels.
Gildan is a leading supplier of quality branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The company sells its products under a diversified portfolio of company-owned brands, including the Gildan®, Gold Toe®, Anvil® and Comfort Colors® brands and brand extensions, and the Secret®, Silks® and Therapy Plus™ brands.
"The signing of this agreement reflects the strength of our ecommerce offering and our team's expert capabilities in system implementation," said Richard Willis, president and CEO of Speed Commerce. "Our highly-customizable solutions enable multi-brand organizations like Gildan to have a separate and unique online identity for each brand. We plan to leverage the same technology and data teams to integrate its B2B solution, ensuring a seamless transition that accommodates both its hard-working employees and loyal customers."
Speed Commerce's implementation of a complete ecommerce transformation for Gildan's individual brands will include a new B2B, B2C and corporate site infrastructure powered by the Oracle Commerce suite of products. Speed Commerce will be responsible for integrating all aspects of the solution, as well as offering ongoing support and services.
About Speed Commerce
Speed Commerce, Inc. (Nasdaq:SPDC) is a single-source provider of ecommerce technology and services that help retailers and manufacturers acquire new customers by providing personalized, relevant experiences. Services include ecommerce platform development; hosting, managed ecommerce, and marketing services; order and inventory management; pick, pack, and ship; returns processing; and 24/7 customer care. For additional information, please visit the company's website at www.speedcommerce.com.
The statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbors provided therein. The forward-looking statements are subject to risks and uncertainties, and the actual results that the company achieves may differ materially from these forward-looking statements due to such risks and uncertainties, including, but not limited to: difficult economic conditions that adversely affect the company, or its customers and vendors; the company's revenues being derived from a small group of customers; pending or prospective litigation may subject the company to significant costs; the seasonal nature of the company's business; the company's ability to adapt to the changing demands of its customers or vendors; the potential for the company to incur significant costs and to experience operational and logistical difficulties in connection with its information technology systems and fulfillment infrastructure; the company's dependence on significant clients and vendors; the company's ability to meet significant working capital requirements; and the company's ability to compete effectively in the highly competitive retail distribution and e-commerce services industries. In addition to these, a detailed statement of risks and uncertainties is contained in the company's reports to the U.S. Securities and Exchange Commission (the "SEC"), including, in particular, the company's proxy materials, the company's Form 10-K filings, as well as its other SEC filings and public disclosures.
CONTACT: Investor Relations Liolios Group, Inc. Cody Slach Tel 1-949-574-3860 SPDC@liolios.com