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INDOCHINO Introduces Two-Week Delivery Promise and Payment in Installments

Initiatives Continue to Enhance INDOCHINO’s Award Winning “Made for You” Customer Experience

Indochino Introduces Two-week Delivery Promise and Payment in Installments
Initiatives Continue to Enhance INDOCHINO’s Award Winning “Made for You” Customer Experience online and in-store, including the Denver showroom, pictured.


/EIN News/ -- VANCOUVER, British Columbia, Oct. 24, 2018 (GLOBE NEWSWIRE) -- INDOCHINO, the global leader in custom apparel, today further reinforced its commitment to providing an exceptional customer experience by introducing a two-week delivery promise for all orders placed. In addition the company, which makes high quality custom apparel accessible to everyone, has launched a new payment program that will enable customers to pay in installments.

INDOCHINO’s two-week delivery promise shaves a third off its previous three-week guarantee, which the company was the first to launch earlier this year. This industry-leading delivery promise covers all of INDOCHINO’s custom garments, including its new made to measure overcoats and chinos, as well as suits, shirts and blazers.

“We are obsessed with continually enhancing our entire customer experience, from the moment a shopper walks into a showroom or visits our website to when their order arrives on their doorstep, and thereafter,” said Drew Green, President and CEO of INDOCHINO. “By cutting the time it takes to produce each one-of-a-kind garment by a week, we’re continuing to delight our customers and make custom apparel an even more attractive option compared to off the rack alternatives.”

In response to an increasing demand for accessible payment options from customers globally, INDOCHINO has partnered with global payments provider Klarna to enable online shoppers to Slice it at the checkout by using Klarna’s online consumer financing. With Klarna’s Slice it customers can easily spread the cost of their purchase over X, Y and Z monthly time periods, with no interest.

“We do everything we can to offer an outstanding shopping experience and giving our customers a more convenient way to shop - with flexible financing options - which will be integral to our further enhancing our customers’ experience,” said Drew Green, President and CEO of INDOCHINO. “By partnering with Klarna, we’re providing consumers with the power to purchase our custom suits, shirts, chinos and overcoats over time, without limiting their choice, based on how they pay.”

“We understand that suits can be a considerable investment for some. By helping consumers purchase their items over time, we can improve the buying journey for those that prefer this payment option,” said Michael Rouse, Chief Commercial Officer of Klarna. “Our latest research shows that the fashion industry is adopting new payment technology enthusiastically due to consumers’ demand for increased flexibility and financial control. 40% of retailers have already introduced smart payment options. It’s great to see customer focused brands, like INDOCHINO, acknowledging this and making changes to align with customer needs.”

About INDOCHINO
As the global leader in made to measure apparel, INDOCHINO has developed the shopping experience of the future. Born out of the belief that you don’t need to spend a fortune on a custom wardrobe, INDOCHINO was the first company to disrupt the retail secret by making perfect-fitting, personalized apparel on a mass scale.

Customers take on the role of designer, picking out every detail of their suits and shirts to make them truly one-of-a-kind. These garments are made to their precise measurements and shipped directly to their door, hassle free. The company’s omnichannel approach allows them to shop online or in person at any INDOCHINO showroom.

About INDOCHINO’s Delivery Promise:
INDOCHINO’s two-week delivery promise covers the time the company receives a customer’s order to when the order is dispatched. It applies to customers with completed measurement profiles with INDOCHINO and excludes shipping times. The delivery promise applies to orders that do not have the following holds which may delay production: incomplete measurements, measurement discrepancies, payment issues, groups, out of stock fabrics, customization errors and/or holds as requested by the customer. INDOCHINO orders placed on hold as determined by INDOCHINO do not qualify for the two-week promise.

About Klarna
It's all about smoooth (yes, with 3 ooo's). Klarna is Europe’s leading payments provider and a newly-licensed bank, which wants to revolutionize the payment experience for shoppers and merchants alike. Founded in Stockholm, Sweden, in 2005, the fintech unicorn gives online consumers the option to pay now, pay later or over time - offering a trusted, frictionless and smoooth checkout experience. Klarna now works with 90,000 merchants to offer payment solutions to users across Europe and North America. Klarna has 2,000 employees and is active in 14 countries. www.klarna.com.

Media Contact:
INDOCHINO
Sarah Mayer
sarah.mayer@indochino.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4c07edbc-28b0-474a-a786-160d40ec38d0

Indochino_M2M_RGB.jpg

Distribution channels: Retail


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