GLOUCESTER, Mass., Dec. 20, 2010 (GLOBE NEWSWIRE) -- News Facts:
- TradeStone Software, delivering Merchandise Lifecycle Management (MLM) solutions that unify the design, sourcing, ordering and delivery of private label and globally branded goods, today announced renowned Citi Retail Analyst Deborah Weinswig will be hosting TradeStone Software CEO Sue Welch on December 20 at 11:00 am ET for a discussion with Wall Street on technology's role in the current cotton crisis.
- Deborah Weinswig leads the Retailing/Broadlines, Food & Drug, and Home Improvement team at Citi Investment Research & Analysis. In 2010, Weinswig was identified as the top ranking analyst in the Retailing/Broadlines Industry by StarMine, with a First Place ranking for her stock picking and a First Place ranking for her earnings estimating ability.
- The live conference call event, "Can Technology Overcome the Rise in Cotton Prices" will touch on how soaring global demand, recent floods and the weak dollar have set the stage for the recent price increases in cotton, the reaction from retailers around the globe and technology's role is in helping mitigate risks.
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Dial-in information for the conference call event is as follows. The replay will be available for one week after the event:
-- Domestic: 800-715-5431; International: 706-634-1769
-- Passcode: "Weinswig"
-- Replay Domestic: 800-642-1687; International: 706-645-9291
-- Replay ID: 31343142
Supporting Quotes:
- "We've been closely following the impact that cotton price increases are having on the retail market, now and into the foreseeable future," said Deborah Weinwsig, Citi Retail Analyst. "With traditional solutions to this critical issue very limited, applying the right approach to the problem is paramount for many retailers and brand manufacturers. We felt that as CEO of TradeStone Software, Sue Welch was the ideal candidate to speak to the importance of technology and control over risk across the merchandise lifecycle."
- "We are pleased to speak to Wall Street on such an important and timely topic," said Sue Welch, CEO, TradeStone Software. "The current cotton crisis is just one of many challenges that face retailers going into 2011. At TradeStone, we understand the importance of risk management and how a unified buying approach can make the difference in preparation, proactivity and profitability."
About TradeStone Software, Inc.
TradeStone Software helps retailers, brand manufacturers and suppliers increase market share and improve margins through the use of Merchandise Lifecycle Management solutions that unify the design, sourcing, ordering and delivery of their private label and branded goods. Organizations including American Eagle Outfitters, Belk, Boots, Guitar Center, Kohl's, Le Chateau, Macy's, NBrown Catalog Company, Pacific Sunwear, Shoprite, The Children's Place, Urban Outfitters and Wilkinson use TradeStone's solutions to help them bring innovative and highly profitable products to market at record speeds.
TradeStone Software is headquartered in Gloucester, Mass., with offices in Atlanta, Bangalore, Hong Kong and London. More information can be found on the Web at www.tradestonesoftware.com.