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Global Luxury Lifestyle Brand, Perfect Moment, Opens First North American Distribution Center

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Perfect Moment (NYSE American:PMNT) has opened its first U.S.-based warehouse and distribution center in Dallas, Texas, partnering with Quiet Platforms. The facility enables faster shipping options, including two-day and overnight delivery for North American customers, previously unavailable from their UK center. The company's U.S. sales reached nearly $10 million, representing over 40% of total net revenues last fiscal year. The new center will reduce import duties and shipping costs, while implementing Quiet Platforms' AI-powered Click2Door solution for enhanced logistics. This strategic move aligns with Perfect Moment's expansion plans, including their upcoming first physical store in New York's SoHo District.

Perfect Moment (NYSE American:PMNT) ha aperto il suo primo magazzino e centro di distribuzione negli Stati Uniti a Dallas, Texas, collaborando con Quiet Platforms. La struttura consente opzioni di spedizione più rapide, inclusa la consegna in due giorni e quella notturna per i clienti nordamericani, precedentemente non disponibili dal loro centro nel Regno Unito. Le vendite aziendali negli Stati Uniti hanno raggiunto quasi 10 milioni di dollari, rappresentando oltre il 40% del totale delle entrate nette dell'ultimo anno fiscale. Il nuovo centro ridurrà i dazi d'importazione e i costi di spedizione, implementando la soluzione Click2Door basata sull'intelligenza artificiale di Quiet Platforms per una logistica migliorata. Questa mossa strategica è in linea con i piani di espansione di Perfect Moment, inclusa l'apertura del loro primo negozio fisico nel quartiere SoHo di New York.

Perfect Moment (NYSE American:PMNT) ha abierto su primer almacén y centro de distribución en EE. UU. en Dallas, Texas, en colaboración con Quiet Platforms. La instalación permite opciones de envío más rápidas, incluidas las entregas en dos días y durante la noche para los clientes de América del Norte, que anteriormente no estaban disponibles desde su centro en el Reino Unido. Las ventas de la empresa en EE. UU. alcanzaron casi 10 millones de dólares, lo que representa más del 40% de los ingresos netos totales del último año fiscal. El nuevo centro reducirá los aranceles de importación y los costos de envío, implementando la solución Click2Door impulsada por IA de Quiet Platforms para una logística mejorada. Este movimiento estratégico está alineado con los planes de expansión de Perfect Moment, que incluyen su próxima primera tienda física en el distrito SoHo de Nueva York.

Perfect Moment (NYSE American:PMNT)는 텍사스 주 달라스에 미국 첫 번째 창고 및 유통 센터를 열고 Quiet Platforms와 협력했습니다. 이 시설은 북미 고객을 위한 이틀 및 익일 배송을 포함하는 더 빠른 배송 옵션을 가능하게 하며, 이는 이전에 영국 센터에서 제공되지 않았습니다. 이 회사의 미국 매출은 거의 1천만 달러에 달하며, 이는 지난 회계연도의 총 순이익의 40% 이상을 차지합니다. 새로운 센터는 수입 세금과 배송 비용을 줄이고, 물류 향상을 위한 Quiet Platforms의 AI 기반 Click2Door 솔루션을 도입합니다. 이 전략적 움직임은 Perfect Moment의 확장 계획과 일치하며, 뉴욕 소호 지구에 첫 번째 오프라인 매장을 열 계획을 포함하고 있습니다.

Perfect Moment (NYSE American:PMNT) a ouvert son premier entrepôt et centre de distribution aux États-Unis à Dallas, au Texas, en partenariat avec Quiet Platforms. Cette installation permet des options d'expédition plus rapides, y compris la livraison en deux jours et nocturne pour les clients nord-américains, qui étaient auparavant indisponibles depuis leur centre au Royaume-Uni. Les ventes de l'entreprise aux États-Unis ont atteint près de 10 millions de dollars, représentant plus de 40% des revenus nets totaux de l'année fiscale dernière. Le nouveau centre réduira les droits d'importation et les coûts d'expédition, tout en mettant en œuvre la solution Click2Door alimentée par l'IA de Quiet Platforms pour une logistique améliorée. Ce mouvement stratégique s'inscrit dans les plans d'expansion de Perfect Moment, y compris l'ouverture de leur premier magasin physique dans le quartier de SoHo à New York.

Perfect Moment (NYSE American:PMNT) hat sein erstes Lager- und Vertriebszentrum in den USA in Dallas, Texas, eröffnet und arbeitet mit Quiet Platforms zusammen. Die Einrichtung ermöglicht schnellere Versandoptionen, einschließlich zweitägiger und nächtlicher Lieferung für nordamerikanische Kunden, die zuvor von ihrem Zentrum im Vereinigten Königreich nicht angeboten wurden. Der Umsatz des Unternehmens in den USA erreichte nahezu 10 Millionen Dollar, was über 40% des gesamten Nettoumsatzes im letzten Geschäftsjahr ausmacht. Das neue Zentrum wird Einfuhrzölle und Versandkosten senken und die KI-gesteuerte Click2Door-Lösung von Quiet Platforms für verbesserte Logistik implementieren. Dieser strategische Schritt steht im Einklang mit den Expansionsplänen von Perfect Moment, einschließlich ihrer bevorstehenden ersten physischen Geschäftsstelle im SoHo-Viertel von New York.

Positive
  • U.S. sales represent significant 40% of total net revenues ($10 million)
  • Expected margin improvement through reduced import duties and shipping costs
  • Enhanced delivery capabilities with new two-day and overnight shipping options
  • Expansion of physical retail presence with new store opening
Negative
  • None.

Insights

The establishment of a U.S. distribution center marks a significant operational milestone for Perfect Moment, with multiple financial benefits. The facility will reduce import duties by calculating them on transfer prices rather than retail prices, while cutting shipping costs through localized fulfillment. With U.S. sales representing $10 million and 40% of total revenues, this strategic move should meaningfully impact margins.

The partnership with Quiet Platforms introduces AI-powered logistics that enables overnight and two-day delivery options - critical features for competing in the U.S. luxury market. The predictable per-order costs and enhanced return processing capabilities through Click2Door should provide better cost control and improved customer experience, supporting the company's growth in the competitive North American market.

This operational expansion represents a strategic investment in margin improvement and market penetration. The combination of reduced import duties, lower shipping costs and improved fulfillment efficiency should positively impact the company's financial performance, particularly in eCommerce margins during H2 FY24 and throughout FY25.

With U.S. sales already constituting a significant 40% of total revenue at $10 million, the enhanced distribution capabilities position Perfect Moment for accelerated growth in its largest market. The timing aligns well with their retail expansion into SoHo, creating a synchronized omnichannel presence that could drive both revenue growth and operational efficiency.

  • New regional warehouse and distribution center enables faster shipping, with overnight and two-day delivery not previously available from existing UK global distribution center.
  • U.S.-based warehousing expected to lower import duty fees and shipping costs while boosting eCommerce margins for North American sales.
  • Quiet Platforms’ AI-powered Click2Door solution supports rapidly-scalable logistics and enhanced customer experience.

LONDON--(BUSINESS WIRE)-- Perfect Moment Ltd. (NYSE American:PMNT), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, has opened its first U.S.-based warehouse and distribution center in Dallas, Texas.

Operated in partnership with Quiet Platforms, a leading provider of strategically located fulfillment centers and last-mile delivery solutions, the facility has been designed to better facilitate and optimize Perfect Moment’s order fulfillment and distribution across North America.

The location provides an enhanced customer experience by enabling new shipping options, including two-day and overnight delivery, which was not previously practical from the company’s global center in the UK.

“The opening of this distribution center demonstrates our commitment to meeting our North American customers’ needs and streamlining the customer experience,” stated Perfect Moment CEO, Mark Buckley. “This is also made possible through our new partnership with the leading supply chain management company, Quiet Platforms. They will continue to play an important role as we further our expansion plans for the U.S., which includes our first physical store in Soho New York which will open later this month.”

The company recently announced the opening of its first seasonal store in New York's SoHo District, where it will showcase its new Autumn/Winter Collection.

Perfect Moment plans to use the regional distribution centers to build upon its already rapidly expanding North American customer base, with its U.S. sales alone reaching nearly $10 million or more than 40% of total net revenues in its last fiscal year.

The U.S.-based distribution center will allow the company to pay lower import duties based on transfer price rather than the higher retail price, as well as significantly lower overall shipping costs.

In addition to helping to lower fulfillment costs, Quiet Platforms’ AI-powered localized delivery system will help improve the customer shopping experience with faster and more convenient shipping and return processing.

The lower duty, outbound, and return shipping costs also advances the company’s margin expansion strategy. “We expect these savings to significantly boost our eCommerce margin in the second half of our fiscal year,” noted Perfect Moment CFO, Jeff Clayborne, “with this contributing to an overall margin improvement in fiscal 2025, ending in March."

As announced last July, Perfect Moment has implemented Quiet Platforms’ end-to-end fulfillment and delivery solution, Click2Door. The AI-powered platform permits predictable per-order costs that encompass the entire order journey, from receiving and storage, to ‘pick & pack’ and last mile delivery.

“At Quiet Platforms, we do more than manage logistics—we empower high-growth brands to reach their full potential," commented Bill Besselman, Quiet Platforms’ SVP of Supply Chain Strategy. “We’re glad to become a trusted partner of Perfect Moment and deliver solutions that support its long-term growth and success.”

About Quiet Platforms

For digital-first brands and retailers facing complex supply chain challenges, Quiet Platforms streamlines supply chains through a nationwide network of strategically located fulfillment centers and last-mile delivery solutions, all orchestrated by cutting-edge data science and AI. Trusted by over 30 globally renowned retailers, including American Eagle, Todd Snyder, Pehr and Tipsy Elves, it understands the need for efficiency and meeting the customer promise. For more information, visit quietplatforms.com.

About Perfect Moment

Founded in 1984 in the mountains of Chamonix, Perfect Moment is a high-performance luxury skiwear and lifestyle brand. It blends technical excellence with fashion-forward designs, creating pieces that effortlessly transition from the slopes to the city, the beach, and beyond.

Initially the vision of extreme sports filmmaker and professional skier Thierry Donard, the brand was built on a sense of adventure that has sustained for over 20 years. Donard, fueled by his personal experiences, was driven by a desire to create pieces that offered quality, style and performance, pushing the wearer in the pursuit of every athlete’s dream: to experience ‘The Perfect Moment.’

In 2010, British-Swiss entrepreneurial couple Jane and Max Gottschalk took ownership of the brand. Under Jane’s creative direction Perfect Moment was injected with a new style focus, one that reignited the spirit of the heritage brand, along with a commitment to improving fit, performance and the use of best-in-class functional materials. As such, the designs evolved into the distinct statement pieces synonymous with the brand as we know it today.

Today, the brand is available globally, online and via key retailers, including MyTheresa, Net-a-Porter, Harrods, Selfridges, Saks, Bergdorf Goodman and Neiman Marcus.

Learn more at www.perfectmoment.com.

Important Cautions Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on our current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ from those contained in the forward-looking statements, include those risks and uncertainties described more fully in the section titled “Risk Factors” in the final prospectus for our initial public offering and in our Form 10-K for the fiscal year ended March 31, 2024, filed with the Securities and Exchange Commission. Any forward-looking statements contained in this press release are made as of this date and are based on information currently available to us. We undertake no duty to update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Company Contact

Jeff Clayborne, CFO

Perfect Moment

Tel +44 (0)204 558 8849

Email contact

Investor Contact

Ronald Both or Grant Stude

CMA Investor Relations

Tel (949) 432-7566

Email contact

Source: Perfect Moment Ltd.

FAQ

What is Perfect Moment's (PMNT) new distribution center location?

Perfect Moment's new distribution center is located in Dallas, Texas, marking their first North American distribution facility.

How much revenue does Perfect Moment (PMNT) generate from U.S. sales?

Perfect Moment generated nearly $10 million in U.S. sales during their last fiscal year, representing over 40% of total net revenues.

What shipping options will Perfect Moment (PMNT) offer from its new distribution center?

The new distribution center will offer two-day and overnight delivery options for North American customers, which weren't previously available from their UK facility.

When is Perfect Moment (PMNT) opening its first physical store?

Perfect Moment is opening its first seasonal store in New York's SoHo District later this month.

Perfect Moment Ltd.

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