GlobeNewswire by notified

Online Retailer Das Kostümland Deploys Descartes’ Ecommerce Warehouse Management Solution to Strengthen Peak Season Fulfillment

Share

MUNICH, Germany and ATLANTA, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Das Kostümland, a leading German vendor of costumes and disguises, has deployed Descartes’ ecommerce warehouse management system (WMS) to keep pace with dramatic order volume seasonal spikes. The Descartes solution streamlines and accelerates the retailer’s fulfillment processes, increasing operational efficiency, reducing costs, and enhancing the customer experience.

“We have more than 10,000 SKUs and, during seasonal peaks such as Halloween, we process upwards of 2,000 orders per day,” said Daria May, founder and CEO of Das Kostümland. “With Descartes’ barcode-based pick and pack processes, we’ve increased our warehouse productivity to handle even extreme seasonal order fluctuations without hiring additional labor. By optimizing our fulfillment processes, we’ve reduced picking errors, boosted our returns management efficiency, and improved inventory transparency—which translates to happy customers and a stronger bottom line.”

Descartes’ cloud-based ecommerce WMS enables direct-to-consumer brands and ecommerce retailers, such as Das Kostümland, to drive significant efficiencies across order fulfillment processes to optimize the customer experience. It helps companies ship the right items on time, prevents overselling of existing inventory, and provides full visibility into warehouse operations. Pre-integration with major ecommerce platforms, like Channel Advisor, Shopify Plus, Magento and others, accelerates implementation and time to value.

“We’re pleased to help Das Kostümland boost its fulfillment productivity and scale operations to meet extreme demand peaks—without having to increase resources,” said Dirk Haschke, VP & General Manager, E-Commerce Solutions at Descartes. “The Descartes ecommerce WMS has a strong track record with brands that recognize the importance of fulfillment performance in creating an exceptional customer experience to drive growth.”

For more information, visit Descartes’ Ecommerce Shipping and Fulfillment Solutions resource center.

About Descartes

Descartes (Nasdaq: DSGX) (TSX: DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Andra Schaz
Tel: +49 (0)89 961 60 61 66
aschaz@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management's discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

DOVRE GROUP TRADING STATEMENT JANUARY 1 – MARCH 31, 202425.4.2024 08:15:00 CEST | Press release

Dovre Group Plc Stock exchange release April 25, 2024, at 9.15 a.m. DOVRE GROUP TRADING STATEMENT JANUARY 1 – MARCH 31, 2024 Significant write-down of a single renewable project led to a negative operating profit Dovre Group Plc issues today a trading statement for the three months ended on March 31, 2024.The figures presented in this trading statement are not audited. Last year’s corresponding period in parentheses. January – March 2024 Net sales EUR 42.3 (45.8) million – decrease 7.6% Project Personnel: net sales EUR 25.2 (24.8) million – increase 1.7%Consulting: net sales EUR 3.6 (5.1) million – decrease 29.6%Renewable Energy: net sales EUR 13.5 (15.9) million - decrease 15.1%EBITDA EUR -4.6 (1.9) million Operating result EUR -4.9 (1.7) million Result before tax EUR -5.1 (1.5) million Result for the shareholders of the parent company EUR -2.4 (1.0) millionEarnings per share EUR -0.023 (0.010) Net cash flow from operating activities EUR -1.9 (4.3) million Dovre Group’s profitability

UPM Interim Report Q1 2024: A positive start to the year, growth investments contributed to earnings25.4.2024 08:05:00 CEST | Press release

UPM-Kymmene Corporation Stock Exchange Release (Interim Report) 25 April 2024 at 09:05 EEST UPM Interim Report Q1 2024: A positive start to the year, growth investments contributed to earnings Q1 2024 highlights Sales decreased by 5% to EUR 2,640 million (2,787 million in Q1 2023)Comparable EBIT decreased by 6% to EUR 333 million, 12.6% of sales (356 million, 12.8%)Operating cash flow was solid at EUR 335 million (714 million), including seasonal increase in working capitalNet debt was EUR 2,312 million (2,167 million) and the net debt to EBITDA ratio was 1.46 (0.82)Successful margin management and recovering market demand continued in most businessesUPM Paso de los Toros pulp mill reached positive Q1 EBIT, production at 83% of capacitySale of the Steyrermühl site, Austria in JanuaryCDP recognised UPM with double ‘A’ score for transparency on climate change and forests Key figures Q1/2024Q1/2023Q4/2023Q1–Q4/2023Sales, EURm 2,640 2,787 2,531 10,460Comparable EBITDA, EURm 489 477 465 1,5

AS Tallink Grupp Unaudited Consolidated Interim Report Q1 202425.4.2024 08:00:00 CEST | Press release

The Q1 2024 results of AS Tallink Grupp will be introduced at an Investor Webinar held today at 12:00 (EEST). To participate, please join via the following link; we kindly ask participants to provide their questions latest by 11:00 by email to: investor@tallink.ee. Further details are available in a previously published announcement. In the first quarter (1 January – 31 March) of 2024 financial year, AS Tallink Grupp and its subsidiaries (the Group) carried 1 102 738 passengers, which is 5.0% more than in the first quarter 2023. The number of cargo units transported decreased by 2.1% compared to the same period a year ago. The Group’s unaudited consolidated revenue amounted to EUR 160.4 million (EUR 171.2 million in Q1 2023), down by 6.3%. Unaudited EBITDA was EUR 34.5 million (EUR 27.1 million in Q1 2023) and the unaudited net profit for the period was EUR 2.6 million (net loss of EUR 5.4 million in Q1 2023). The following operational factors impacted the Group’s revenue and operating

Bank of Åland Plc: Interim Report for the period January - March 202425.4.2024 08:00:00 CEST | Press release

Bank of Åland Plc Interim Report April 25, 2024 9.00 EET Interim Report for the period January - March 2024 “We started the year strongly and more than doubled our net operating profit to EUR 16.9 million (8.2). In addition, for the first time we surpassed EUR 10 billion in actively managed customer investments (8.9).” Peter Wiklöf, Managing Director and Chief Executive January−March 2024 compared to January - March 2023 Net operating profit more than doubled and amounted to EUR 16.9 M (8.2). Core income in the form of net interest income, net commission income and IT income increased by 20 per cent to EUR 53.0 M (44.2). Other income decreased by 24 per cent to EUR 0.8 M (1.1). Total expenses decreased by 1 per cent to EUR 36.4 M (36.7). Net impairment losses on financial assets (including recoveries) totalled EUR 0.5 M (0.3), equivalent to a loan loss level of 0.05 per cent (0.03). Return on equity after taxes (ROE) increased to 18.3 per cent (8.9). Earnings per share increased to EUR

Ålandsbanken Abp: Delårsrapport för perioden januari–mars 202425.4.2024 08:00:00 CEST | Pressemelding

Ålandsbanken Abp Delårsrapport 25.4.2024 kl. 9.00 EET Delårsrapport för perioden januari–mars 2024 ”Vi inleder året starkt och mer än fördubblar rörelseresultatet till 16,9 miljoner euro (8,2). Dessutom passerar vi för första gången 10 miljarder euro i aktivt förvaltade kundplaceringar (8,9).” Peter Wiklöf, Vd och koncernchef Januari–mars 2024 jämfört med januari–mars 2023 Rörelseresultatet mer än fördubblades och uppgick till 16,9 miljoner euro (8,2). Kärnintäkterna i form av räntenetto, provisionsnetto och IT-intäkter ökade med 20 procent till 53,0 miljoner euro (44,2). Övriga intäkter minskade med 24 procent till 0,8 miljoner euro (1,1). Kostnaderna minskade med 1 procent till 36,4 miljoner euro (36,7). Nedskrivningar av finansiella tillgångar (netto inklusive återvinningar) uppgick till 0,5 miljoner euro (0,3) motsvarande en kreditförlustnivå på 0,05 procent (0,03). Avkastningen på eget kapital efter skatt (ROE) ökade till 18,3 procent (8,9). Resultatet per aktie ökade till 0,89 eu

HiddenA line styled icon from Orion Icon Library.Eye