Key Developments: Demandware Inc (DWRE.N)

DWRE.N on New York Stock Exchange

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17 May 2013
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Latest Key Developments (Source: Significant Developments)

Camuto Group Selects Demandware Inc's Demandware Commerce platform To Power Omni-Channel Operations
Thursday, 25 Apr 2013 09:00am EDT 

Demandware Inc announced that the Camuto Group, is in the design, development and distribution of women's fashion footwear and accessories, has selected the Demandware Commerce platform to power omni-channel operations for its flagship brand, Vince Camuto. Camuto Group will leverage Demandware`s cloud platform to relaunch the Vince Camuto website, and will use Demandware`s responsive web design capabilities to deliver a seamless consumer experience across mobile and tablet devices. Camuto Group signed with Demandware in the first quarter of 2013. Camuto Group selected Demandware for its omni-channel capabilities, as well as its robust marketing and merchandising applications. For the Camuto Group, re-launching the Vince Camuto site on the Demandware platform is only the beginning.  Full Article

Avenue Stores Selects Demandware Inc To Support Omni-Channel Commerce Growth
Wednesday, 3 Apr 2013 07:00am EDT 

Demandware Inc announced that Avenue Stores, has selected the Demandware Commerce platform to support omni-channel vision. Avenue Stores signed with Demandware in the first quarter of 2013.  Full Article

Jo-Ann Stores Selects Demandware Inc for Digital Commerce
Wednesday, 27 Mar 2013 07:00am EDT 

Demandware Inc announced that Jo-Ann Stores, Inc., fabric and craft retailer in the U.S., with more than 800 stores, has selected the Demandware Commerce platform to support its digital commerce strategy. Demandware`s cloud-based infrastructure will help Jo-Ann Stores to realize operational efficiencies and performance. Jo-Ann Stores is working with Demandware LINK Solution Partner, Lyons Consulting Group on the development and system integration of its new site. In addition, Jo-Ann Stores will leverage pre-built integrations to third-party technologies available through the Demandware LINK Technology Marketplace.  Full Article

Demandware Inc Issues Q2, FY 2012 Mixed Guidance-Conference Call
Tuesday, 8 May 2012 08:30am EDT 

Demandware Inc announced that for the second quarter of 2012, it expects revenue to be in the range of $16 million to $16.5 million, GAAP net loss to be approximately $8.5 million to $9 million or $0.30 to $0.32 per share, and non-GAAP net loss to be in the range of $6.5 million to $7 million, $0.23 or $0.25 per share. For fiscal 2012, the Company expects revenue to be in the range of $73.5 million to $74.5 million, GAAP net loss is in the range of $18 million to $19 million or $0.75 to $0.79 per share and non-GAAP net loss in the range of $12 million to $13 million or $0.50 to $0.54 per share (EPS). According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $15.8 million, net income of $(6.1) million and EPS of $(0.22) for the second quarter of 2012; and revenue of $71.5 million, net income of $(15) million and EPS of $(0.62) for fiscal 2012.  Full Article

Demandware Inc Announces Closing Of Initial Public Offering
Tuesday, 20 Mar 2012 04:05pm EDT 

Demandware Inc announced the closing of its previously announced initial public offering of 6,325,000 shares of its common stock at a price to the public of $16.00 per share, which included 825,000 shares of common stock issued upon the exercise in full of the underwriters’ option to purchase additional shares. All of the shares sold in the offering were sold by Demandware. Goldman, Sachs & Co. and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. William Blair & Company, L.L.C., Oppenheimer & Co., Inc., Canaccord Genuity Inc. and First Analysis Securities Corporation are acting as co-managers.  Full Article

Demandware Inc Prices Initial Public Offering
Wednesday, 14 Mar 2012 05:44pm EDT 

Demandware Inc announced the pricing of its initial public offering of 5,500,000 shares of common stock at a price to the public of $16 per share. The shares are expected to begin trading on The New York Stock Exchange on March 15, 2012 under the symbol “DWRE”. All of the shares being sold in the offering are being sold by Demandware. The underwriters have a 30-day option to purchase up to an additional 825,000 shares of common stock from Demandware at the initial public offering price. Goldman, Sachs & Co. and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. William Blair & Company, L.L.C., Oppenheimer & Co., Inc., Canaccord Genuity Inc. and First Analysis Securities Corporation are acting as co-managers.  Full Article

Demandware Inc Files For $100 Million Initial Public Offering-Datamonitor's Financial Deals Tracker
Sunday, 17 Jul 2011 08:00pm EDT 

Datamonitor's Financial Deals Tracker reported that Demandware Inc, has filed a registration statement with the US Securities and Exchange Commission (SEC) for a proposed Initial Public Offering (IPO) of common stock to raise maximum aggregate proceeds of $100 million. Demandware intends to list its common stock on The New York Stock Exchange under the symbol ‘DWRE’. Goldman, Sachs & Co. and Deutsche Bank Securities, Inc. are acting as book-runners, while William Blair & Company, LLC, Oppenheimer & Co., Inc., Canaccord Genuity, Inc. and First Analysis Securities Corporation are acting as underwriters to the offering. Wilmer Cutler Pickering Hale and Dorr LLP is acting as advisor to Demandware on certain legal matters. Demandware intend to use the net proceeds for financing its growth, working capital and other general corporate purposes.  Full Article

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