KING OF PRUSSIA, Pa., Jan. 17 /PRNewswire-FirstCall/ -- GSI Commerce Inc. announced it has signed a multiyear agreement to provide privately held Spanx(R), a women's hosiery and shapewear company, with a full- service, integrated e-commerce solution to help the company expand its online business for its growing product lines. The GSI platform will replace a combination of vendor systems and will include integrated Web technology, fulfillment and customer care. The new Web store is expected to launch in the spring of 2008.
Spanx, a brand created by entrepreneur Sara Blakely, offers an innovative line of hosiery, shapewear, and intimate apparel that is sold in high-end retail stores, boutiques, and specialty stores across the United States, Canada and the United Kingdom. Spanx products have received numerous awards and media mentions and are popular among Hollywood celebrities and stylists. The company's growing product line of more than 100 styles promotes comfort and confidence for women with innovative shapewear and apparel that slims, shapes, and smoothes the figure.
"In GSI, we have selected a partner that offers a high-quality, integrated, end-to-end solution that can scale to meet our growth and increase our operational excellence," said Laurie Ann Goldman, CEO of Spanx. "We look forward to providing our customers with an enriched shopping experience on the GSI platform when we launch the new Spanx Web store in the spring of this year."
"We welcome the opportunity to work with Spanx and to provide them with an integrated solution that will help them drive the growth of their e-commerce business," said Damon Mintzer, executive vice president of sales for GSI. "They are a fast-growing, high-profile company, and our platform is ideally suited to meet their online needs and showcase their revolutionary products."
About GSI Commerce
GSI Commerce(R) is a leading provider of e-commerce solutions that enable retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses. We provide solutions for our partners through our integrated e-commerce platform, which is comprised of four components: technology, customer care, fulfillment and marketing services. We provide e-commerce solutions for approximately 85 partners.
Just seven years ago, Sara Blakely began her mission to make the world a better place, one rear-end at a time. A frustrated consumer-turned- entrepreneur, Sara invented SPANX footless pantyhose with only $5,000 in savings and revolutionized the hosiery industry. Obsessed with creating comfortable, slimming garments that minimize figure flaws, Sara reinvented shapewear with innovative designs and smart features and won the hearts of celebrities and fashion-loving women everywhere. In 2006, Spanx launched ASSETS, a new shapewear brand sold in Target. Today, SPANX are sold in the finest upscale stores, including Nordstrom, Neiman Marcus, Saks Fifth Avenue, and Bloomingdales, as well as high-end boutiques and retailers in the U.S., Canada, and the U.K. For more information, visit Spanx.com and LoveAssets.com.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements made in this release, other than statements of historical fact, are forward-looking statements. Actual results might differ materially from what is expressed or implied by these forward-looking statements. Additional information about potential factors that could affect GSI Commerce can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by GSI Commerce with the SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements.
Contact: GSI Commerce, Inc. Corporate Marketing 610.491.7474 Fax: 610.265.2866 firstname.lastname@example.org
CONTACT: GSI Commerce, Inc. Corporate Marketing, +1-610-491-7474, Fax: email@example.com+1-610-265-2866,
Web site: http://www.gsicommerce.com/