Tuesday, December, 05, 2023 04:48:04
New York-based CGS acquires end-to-end software provider Visual Next
The agreement between both the companies will help in expanding the geographical market, while also profiting customers with increased investment in the production platform and improved customer support.
The global outsourcing services provider CGS has reportedly announced that it will acquire Visual Next, a leading provider of end-to-end software to uniform, footwear, apparel and fashion accessory companies. The acquisition will advance the complementary strengths of BlueCherry® software solution of CGS and Visual Next. The terms of the acquisition have not been disclosed yet.
Reportedly, with the rapidly changing market alongside the trend for unified commerce and convergence of wholesale and retail, consumers have been calling for a complete solution to manage all channels of their business. Visual Next and CGS share a vision of delivering end-to-end, concept-to-consumer solutions to firms in the fashion, consumer lifestyle and apparel industries, and have a deep industry expertise. The agreement between both the companies will help in expanding the geographical market, while also profiting customers with increased investment in the production platform and improved customer support.
Charles Benoualid, CEO of Visual Next, reportedly stated that the company is excited to be a part of the CGS family. Visual Next Solutions and BlueCherry have similar vision of furthering next-gen technology to fulfill the rapidly evolving needs of apparel, footwear and fashion brands, he further added.
Phil Friedman, CEO and President, CGS, reportedly noted that the demand has never been greater for next-gen solutions in the retail and wholesale footwear and apparel market, and the collaboration of CGS and Visual Next will further strengthen the company’s offerings, in particular in the integrated finance, integrated POS space and PLM, to benefit the fashion community. CGS has served fashion community for over 3 decades and prides itself in delivering the best solutions to its valued customers, he further added.
For the record, BlueCherry® Enterprise Suite offers clients with comprehensive digital supply chain management solutions, available in on-premises as well as cloud, to run their fundamental business processes.
Source credit: https://www.cgsinc.com/en/news-events/cgs-acquires-visual-next