HANOVER DIRECT SUBSIDIARY, KEYSTONE FULFILLMENT CONTRACTS WITH FOGDOG SPORTS BUSINESS AND HIGH TECH EDITORS WEEHAWKEN, N.J.,--(BUSINESS WIRE)--SEPT. 28, 1999--HANOVER DIRECT, INC. (AMEX:HNV)
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WEEHAWKEN, N.J.,--(BUSINESS WIRE)--Sept. 28, 1999--Hanover Direct, Inc. (AMEX:HNV.A) announced today that Fogdog Sports has contracted with Keystone Fulfillment, the Company's one-stop e-commerce services provider, to be a primary provider of fulfillment services for www.fogdog.com. Launched in June 1998, www.fogdog.com is a leading sporting goods store on the Internet. Under the terms of the agreement, Keystone will provide a comprehensive range of services including storage, fulfillment and distribution. Fogdog Sports will utilize Keystone's 276,000 square-foot state-of-the-art warehouse facility in Hanover, PA to retain all inventories under one roof, process orders quickly and coordinate shipping more efficiently. Fogdog Sports (http://www.fogdog.com) is a leading online retailer of sporting goods. It offers an extensive selection of sporting goods online, with up to 60,000 distinct stock keeping units representing more than 500 brands in all major sports categories. With detailed product information, expert advice, easy navigation and superior customer service, Fogdog Sports makes it easy to buy the right products at competitive prices. Online shoppers at Fogdog Sports enter a specialty store environment where they can shop by brand, product category or keyword search and select from top brands, including Nike, Callaway, Mizuno, Rawlings, Easton, Wilson, Moving Comfort, Champion and The North Face. "We welcome Fogdog Sports to our client portfolio at Keystone. It is yet another demonstration of Keystone's aggressive role in positioning itself to become a market leader in e-commerce outsourcing services by targeting clients who are leaders within their niches," stated Rakesh K. Kaul, President and CEO of Hanover Direct, Inc. "Our agreement with Fogdog Sports demonstrates the range fulfillment services Keystone can provide to companies that have a large number of stock keeping units that cross multiple product categories. The flexibility, scalability and expandability afforded by our multi-title, multi-channel 'plug-and-play' platform has been designed to provide the consistent level of service its customers expect. Furthermore, our experience in handling a variety of different product categories such as equipment, apparel and collectibles gives us a clear advantage as we respond to customer requests," stated Richard M. Metzler, President of Keystone Fulfillment. Keystone, launched last year, provides easy-to-install e-commerce marketing solutions services to companies wanting to enter into this channel of distribution. Its unique multi-title, multi-brand systems platform has the versatility and flexibility to handle a wide range of product categories in a 24/7 service mode. Its roster currently includes: The National Geographic Society; United Retail Group; www.mercata.com, recently launched by Mercata, Inc., a privately held company with funding from Vulcan Ventures, Inc.; KBkids.com, a new internet joint venture between BrainPlay.com and Consolidated Stores Corporation; and The Dress Barn, Inc., a national chain of women's fashion specialty retail stores now entering new direct marketing channels of distribution. Keystone is also the third party fulfillment services vendor Excite exclusively promotes to others wanting to participate in its shopping channel. Keystone is also able to provide `front-end' logistical services required by e-commerce companies such as telemarketing, order processing, credit card transaction processing, customer database management and systems programming and interface support plus a comprehensive range of fulfillment, order management, inventory control and web marketing. It can provide new Internet players with virtually every resource they need, from web site creation to creative marketing to promotional/catalog development to structured financing, to be successful e-commerce entrepreneurs. Through its association with the Hanover Direct portfolio of catalogs and associated web sites, as well as a growing roster of third-party clients, Keystone has obtained expertise in a broad range of product categories such as home fashions and home improvements, men's and women's apparel, and gifts. Hanover Direct, Inc. (AMEX:HNV.A), and its business units, provide quality, branded merchandise through a portfolio of catalogs and e-commerce platforms to consumers, as well as a comprehensive range of Internet, e-commerce, and fulfillment services to businesses. The brand marketing division is comprised of the Company's catalog and e-commerce web site portfolio of home fashions, apparel and gift brands, including Domestications, The Company Store, Colonial Garden Kitchens, Kitchen & Home, Improvements, The Safety Zone, Silhouettes, International Male, Austad's, Undergear, and Gump's By Mail. The Company also owns Gump's, a retail store based in San Francisco. Each brand can be accessed on the Internet individually by name. The web services division is comprised of the Company's Internet marketing services group, systems platform, fulfillment and telemarketing and third party fulfillment service vendor, Keystone Fulfillment (www.keystonefulfillment.com). Information on Hanover Direct, including each of its divisions, can be accessed on the Internet at www.hanoverdirect.com.
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CONTACT: Hanover Direct, Inc. Brian C. Harriss, Sr. VP - Chief Financial Officer 201/272-3224 or AGG International, Public Relations Paula Zwerdling, Managing Director 212/869-8230 paula@aggintl.com
KEYWORD: NEW JERSEY INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET COMED COMPUTERS/ELECTRONICS RETAIL
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