NuORDER by Lightspeed technology will enable Intermix to
place styles online faster and curate specialized, boutique
experiences in-store and online
LOS ANGELES, Jan. 18, 2022
/PRNewswire/ -- Lightspeed (NYSE: LSPD) (TSX: LSPD), the
one-stop commerce platform for merchants around the world to
simplify, scale and create exceptional customer experiences, today
announced its partnership with Intermix, the women's fashion
business known for their expertise in product curation and
personalized customer service through their 31 boutiques and their
rapidly growing e-commerce channel.
Intermix is partnering with Lightspeed to drive digital
transformation and deliver a highly localized boutique experience,
both online and in-store, via the NuORDER by Lightspeed platform.
The technology will enable Intermix to analyze their assortments
across categories and regions, get products setup on their
eCommerce site quicker, all while completing wholesale orders
faster than ever. Intermix will also use NuORDER by Lightspeed's
tagging capabilities to expand on exclusives and drive
personalization. Intermix plans to implement an accelerated
roll-out with a full launch across all categories for the Cruise 23
buying season.
Intermix will utilize the NuORDER by Lightspeed platform to make
data-driven decisions to complete their orders. Using pre-populated
data and imagery, Intermix can easily view their assortment across
different attributes to create a fresh and unique experience for
their customers regardless of where they're shopping.
"Intermix is known for curating the best fashion edit every
season, by discovering the most sought-after styles from
established and emerging designers and working with brands to
develop items exclusively for Intermix," said Divya Mathur, Chief Merchandising Officer of
Intermix. "Our partnership with Lightspeed will allow us to
hyper-localize assortments at every one of our 31 boutiques
nationwide and expand our e-commerce offering, while still
maintaining our unique product point of view. We are excited to
combine NuORDER by Lightspeed's data capabilities with our
expertise in spotting trends and editing assortments to accelerate
our growth. As we continue to scale, we are looking at investments
that will enable us to offer a highly personalized boutique
shopping experience across both channels."
"We are excited to partner with Intermix, a boutique retailer
known for delivering a highly curated and personalized shopping
experience for its customers, both in stores and online," said
Olivia Skuza, General Manager,
NuORDER by Lightspeed, and co-founder of NuORDER. "Lightspeed will
provide Intermix with the digital tools needed to make data-driven
decisions and create an even more exceptional, hyper localized
customer experience."
Lightspeed's partnership with Intermix demonstrates its
commitment to helping retailers of all sizes innovate their
businesses, and furthers its mission of connecting brands and
retailers through a single, unified B2B eCommerce platform for
commerce and discovery.
ABOUT Lightspeed:
Lightspeed acquired NuORDER
in 2021 to grow the Lightspeed retail ecosystem, connecting
approximately 3,000 brands and more than 100,000 retailers. NuORDER
by Lightspeed is a leading B2B platform powering commerce and
discovery for the world's best brands and retailers. NuORDER by
Lightspeed is a global commerce solution offering Virtual Showroom
technology, visual assortment and merchandising tools, payments and
data integration powering businesses of all sizes. Powering the
businesses that are the backbone of the global economy,
Lightspeed's one-stop commerce platform helps merchants innovate to
simplify, scale and provide exceptional customer experiences.
Lightspeed's cloud commerce solution transforms and unifies online
and physical operations, multichannel sales, expansion to new
locations, global payments, financial solutions and
connection to supplier networks.
Founded in Montréal, Canada in
2005, Lightspeed is dual-listed on the New York Stock Exchange
(NYSE: LSPD) and Toronto Stock Exchange (TSX: LSPD). With teams
across North America, Europe and Asia
Pacific, the company serves retail, hospitality and golf
businesses in over 100 countries.
For more information, see www.lightspeedhq.com
and www.nuorder.com. Follow us on social media: LinkedIn,
Facebook, Instagram, and Twitter.
ABOUT INTERMIX:
INTERMIX is a highly curated,
omni-channel women's fashion business comprised of 31 boutiques
with hyper-localized assortments and a rapidly growing e-commerce
channel. The brand is known for curating the most sought-after
styles from a compelling mix of both established and emerging
designers. Founded in 1993 and acquired in 2021 by Altamont
Capital, INTERMIX delivers a personalized shopping experience
across both channels, with complimentary personal stylists on hand
to work one-on-one with clients to create looks that make them feel
confident and to make fashion fun and inspiring.
Forward-Looking Statements
This news release may
include forward-looking information and forward-looking statements
within the meaning of applicable securities laws ("forward-looking
statements"). Forward-looking statements are statements that are
predictive in nature, depend upon or refer to future events or
conditions and are identified by words such as "will", "expects",
"anticipates", "intends", "plans", "believes", "estimates" or
similar expressions concerning matters that are not historical
facts. Such statements are based on current expectations of
Lightspeed's management and inherently involve numerous risks and
uncertainties, known and unknown, including economic factors. A
number of risks, uncertainties and other factors may cause actual
results to differ materially from the forward-looking statements
contained in this news release, including, among other factors,
those risk factors identified in our most recent Management's
Discussion and Analysis of Financial Condition and Results of
Operations, under "Risk Factors" in our most recent Annual
Information Form, and in our other filings with the Canadian
securities regulatory authorities and the U.S. Securities and
Exchange Commission, all of which are available under our profile
on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. Readers are
cautioned to consider these and other factors carefully when making
decisions with respect to Lightspeed's subordinate voting shares
and not to place undue reliance on forward-looking statements.
Forward-looking statements contained in this news release are not
guarantees of future performance and, while forward-looking
statements are based on certain assumptions that Lightspeed
considers reasonable, actual events and results could differ
materially from those expressed or implied by forward-looking
statements made by Lightspeed. Except as may be expressly required
by applicable law, Lightspeed does not undertake any obligation to
update publicly or revise any such forward-looking statements,
whether as a result of new information, future events or
otherwise.
CONTACT:
NuORDER | PR Consulting
nuorder@prconsulting.net
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