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Wednesday, March 15, 2017

Europe Watch Group Selects NetSuite For Global Growth

Europe Watch Group BV, the official worldwide distributor of the CLUSE and Cortese watch brands to customers and retailers in 120 countries, has recently selected NetSuite OneWorld to support its global expansion plans. Europe Watch Group plans to run its mission-critical business processes on NetSuite including accounting, financials, inventory management, order management, multi-currency, reporting and analytics.

Founded in 2013 and based in Amsterdam, the company’s management quickly recognized that the rapid growth of the company was limited by software constraints. Accounting, fulfillment, and ecommerce were siloed processes, leading to a great deal of error-prone, repetitive and manual tasks.


After considering a variety of solutions, Europe Watch Group selected NetSuite OneWorld. NetSuite OneWorld will give the company insights into manufacturing operations in China and fulfillment partner and warehouse inventories around the world. The company is planning to open warehouse locations in Hong Kong and the United States soon, and NetSuite's cloud architecture will make it easy to deploy to new facilities.


Europe Watch Group now sells over 1 million watches annually and expects to multiply that volume in the near future. The centralized record keeping and analysis in NetSuite will make it easier for management to understand growth and demand patterns, and better respond to market opportunities.


NetSuite provides a suite of cloud-based financials/Enterprise Resource Planning (ERP) and omnichannel commerce software that runs the business of more than 30,000 companies, organizations, and subsidiaries in more than 100 countries. To learn more, visit the NetSuite Newsroom.


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