"Innovation is part of the DNA of Miroglio Fashion. With this innovation initiative, we want to bring 4.0 solutions including RFID, Smarter Stores and a Dealing Room for replenishment collaboration. In retail, the use of Oracle Retail technology and digital will offer our customers a richer shopping experience while increasing and improving the efficiency of our stores," said Hans Hoegstedt, new CEO of Miroglio Fashion. Developed in partnership with Oracle Retail Consulting, the Omnichannel initiative supported by the Oracle Retail implementation will activate new ways to integrate between physical stores and the online channel. This solution replaces the entire international network - 1,100 stores including directly operated stores and partners. "With the Retail 4.0 program gradually we give body to our vision of the future of retail. The technology will enhance the full potential of our people empowered with the knowledge of the needs and expectations of women who choose our brand," said Hoegstedt. "We gained confidence in Oracle through the demonstration of the portfolio and the depth of Omnichannel references." "Oracle Retail has established cornerstones that define our solution strategy. Innovation is paramount to our go forward strategy. Innovation is delivered consistently with a focus on cloud first, mobile everywhere, better together, modern retailing, and leveraging technology and scale," said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. "Oracle is honored to be part of such an important click here to find out more initiative for Miroglio Group." About Oracle Retail: Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions.
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Across the UK, prices rose by 5.8% in the year to February, up from 5.3% in January, it said . More recent figures from the Nationwide and the Halifax have suggested that house price growth is slowing down. At the same time, the Council of Mortgage Lenders (CML) reported very strong borrowing in January and February. The ONS figures - which include cash sales - show that the average price of a property has risen to a record high of 217,502. Within the English regions, prices are rising fastest in the East - up 10.3% in the last year. At the other end of the scale, prices are rising by just 2.2% in the North East. According to the Nationwide, average prices fell during the month of March. And last week the Halifax said annual house price inflation was at its lowest for four years. The CML said borrowing in January and February was the strongest for 10 years.
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