- Perfect Moment to open first distribution center outside UK to
help meet growing global multichannel demand and improve
margins.
- Local U.S. fulfillment center will improve customer shopping
experience and lower fulfillment costs.
- Quiet Platforms’ Click2Door AI-powered solution enables rapidly
scalable logistics for Perfect Moment.
Perfect Moment Ltd. (NYSE American: PMNT), the high-performance,
luxury skiwear and lifestyle brand that fuses technical excellence
with fashion-led designs, has partnered with Quiet Platforms, a
wholly owned subsidiary of American Eagle Outfitters Inc. (NYSE:
AEO), to establish distribution and order fulfillment centers in
key markets across the U.S.
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the full release here:
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Perfect Moment Teams with Quiet Platforms
to Establish Distribution Center in U.S. (Graphic: Business
Wire)
Quiet Platforms streamlines supply chains for high-growth brands
through its nationwide network of strategically located fulfillment
centers and last-mile delivery solutions—all orchestrated by
cutting-edge data science and AI.
Perfect Moment currently dispatches its U.S. eCommerce customer
orders from the United Kingdom, resulting in costly import duties.
The new U.S. distribution centers will allow the company to pay
duties based on transfer prices rather than higher retail prices,
as well as lower its shipping costs. In addition to helping lower
order fulfillment costs, Quiet Platforms’ AI-powered localized
delivery system will improve the customer shopping experience with
enhanced shipping and returns processing.
Perfect Moment expects to build upon its already rapidly
expanding U.S. customer base, with its U.S. sales reaching nearly
$10 million—or more than 40% of total net revenues—in its last
fiscal year.
“Partnering with a cutting-edge supply chain management leader
like Quiet Platforms accelerates our ambitious plans for the U.S.
market and growing our multichannel business,” noted Perfect Moment
CEO, Mark Buckley. “We expect the lower duty and shipping costs to
greatly improve our eCommerce margin in the second half of the
fiscal year. Moreover, we see the streamlining of our online
customer’s journey to stimulate greater engagement and sales.”
Perfect Moment will use Quiet Platforms’ Click2Door platform, an
end-to-end fulfillment and delivery solution, to permit predictable
per-order costs that encompass the entire order journey, including
receiving and storage, pick and pack, and last mile delivery.
“At Quiet Platforms we go beyond logistics to empower
high-growth brands to achieve their full potential,” stated Bill
Besselman, Quiet Platforms’ SVP of Supply Chain Strategy. “We look
forward to being a trusted partner invested in the long-term growth
and success of Perfect Moment.”
About Quiet Platforms
For digital-first brands and retailers facing complex supply
chain challenges, Quiet Platforms streamlines supply chains through
a nationwide network of strategically located fulfillment centers
and last-mile delivery solutions, all orchestrated by cutting-edge
data science and AI. Trusted by over 30 globally renowned
retailers, including American Eagle, Todd Snyder, Pehr and Tipsy
Elves, we understand the need for efficiency and meeting the
customer promise. For more information, visit
quietplatforms.com.
About Perfect Moment
Founded in 1984 in the mountains of Chamonix, Perfect Moment is
a high-performance luxury skiwear and lifestyle brand. It blends
technical excellence with fashion-forward designs, creating pieces
that effortlessly transition from the slopes to the city, the
beach, and beyond.
Initially the vision of extreme sports filmmaker and
professional skier Thierry Donard, the brand was built on a sense
of adventure that has sustained for over 20 years. Donard, fueled
by his personal experiences, was driven by a desire to create
pieces that offered quality, style and performance, pushing the
wearer in the pursuit of every athlete’s dream: to experience ‘The
Perfect Moment.’
In 2010, British-Swiss entrepreneurial couple Jane and Max
Gottschalk took ownership of the brand. Under Jane’s creative
direction Perfect Moment was injected with a new style focus, one
that reignited the spirit of the heritage brand, along with a
commitment to improving fit, performance and the use of
best-in-class functional materials. As such, the designs evolved
into the distinct statement pieces synonymous with the brand as we
know it today.
Today, the brand is available globally, online and via key
retailers, including MyTheresa, Net-a-Porter, Harrods, Selfridges,
Saks, Bergdorf Goodman and Neiman Marcus.
Learn more at www.perfectmoment.com.
Important Cautions Regarding Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. All statements, other
than statements of historical fact, contained in this press release
are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of
words such as “anticipate,” “believe,” “contemplate,” “could,”
“estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,”
“potential,” “predict,” “project,” “target,” “aim,” “should,”
“will,” “would,” or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are neither historical
facts nor assurances of future performance. Instead, they are based
on our current expectations and are subject to inherent
uncertainties, risks and assumptions that are difficult to predict.
Further, certain forward-looking statements are based on
assumptions as to future events that may not prove to be accurate.
Our actual results and financial condition may differ materially
from those indicated in the forward-looking statements. Therefore,
you should not rely on any of these forward-looking statements.
Important factors that could cause our actual results and financial
condition to differ from those contained in the forward-looking
statements, include those risks and uncertainties described more
fully in the section titled “Risk Factors” in the final prospectus
for our initial public offering and in our Form 10-K for the fiscal
year ended March 31, 2024, filed with the Securities and Exchange
Commission. Any forward-looking statements contained in this press
release are made as of this date and are based on information
currently available to us. We undertake no duty to update any
forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240722738513/en/
Company Contact Jeff Clayborne, CFO Perfect Moment Tel
+44 (0)204 558 8849 Email contact
Investor Contact Ronald Both or Grant Stude CMA Investor
Relations Tel (949) 432-7566 Email contact
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