EDITORIAL In the news : - Truffle Capital

N°17 October 2010
• Actility was founded in 2010 by IT industry veteran Olivier Hersent. It is developing a machine‐to‐
machine communication platform for new‐generation telecom networks. The goal is to develop client
solutions through the use of communication platforms which will generate revenues for the company
via software, accessories and licensing.
Truffle Capital has invested €3 million in the company's first round of financing, in order to fund the
company's first communication platform (due to be operational in 2011).
RF‐iT Solutions optimizes retail processes of Gerry Weber brand, thanks to new detego® RFID Starter Kit, a
package for directly managing stocks.
RF‐iT Solutions, a leading European provider of integrated RFID solutions offering standard modules for the
optimization of business processes in fashion industry, in partnership with Pranke GmbH, have created a
package for directly managing stocks using the innovative RFID technology in the retail industry.
Since this summer on, all items from the lifestyle company Gerry Weber will be equipped with RFID tags. As a
result, each retailer who sells Gerry Weber products can now also benefit from this technology.
Benefits of this product are multiple: improvement in inventory management, the supplier can quickly detect
an out of stock situation and close it immediately. Retailers can register all deliveries and the current
inventory with a hand‐held device and automatically check for completeness. Customers who can find their
preferred products at the shop are satisfied customers who come back and display tremendous brand loyalty.
Starter kits were presented in June at Gerry Weber’s franchisers and found a very positive response: "The
RFID Starter kit provides a quick and efficient entry into an RFID‐based inventory management for our
retailers and that in all major European languages", ensures Dr. David Frink, managing director of IT, logistics
and production at Gerry Weber.
More than 340 Houses of Gerry Weber, over 1,860 shop‐in‐shops as well as several mono‐brand online shops
successfully showcase the brands of Gerry Weber International AG to consumers worldwide. Today, the five
brands are managed and designed under the umbrella of the holding company in Halle. Licensed products
such as shoes and bags complement the range and the versatile fashion strikes the same chord with
customers, whether in Berlin, Dubai or Ottawa. That is how Gerry Weber became listed on the stock exchange
and a worldwide known fashion and lifestyle company.
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