Perfect Moment Teams with Quiet Platforms to Establish Distribution Center in U.S.

LONDON--(BUSINESS WIRE)--Jul 22, 2024-- Perfect Moment Ltd. (NYSE American: PMNT), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, has partnered with Quiet Platforms, a wholly owned subsidiary of American Eagle Outfitters Inc. (NYSE: AEO), to establish distribution and order fulfillment centers in key markets across the U.

S. This press release features multimedia. View the full release here: https://www.

businesswire.com/news/home/20240722738513/en/ Perfect Moment Teams with Quiet Platforms to Establish Distribution Center in U.S.

(Graphic: Business Wire) Quiet Platforms streamlines supply chains for high-growth brands through its nationwide network of strategically located fulfillment centers and last-mile delivery solutions—all orchestrated by cutting-edge data science and AI. Perfect Moment currently dispatches its U.S.

eCommerce customer orders from the United Kingdom, resulting in costly import duties. The new U.S.

distribution centers will allow the company to pay duties based on transfer prices rather than higher retail prices, as well as lower its shipping costs. In addition to helping lower order fulfillment costs, Quiet Platforms’ AI-powered localized delivery system will improve the customer shopping experience with enhanced shipping and returns processing. Perfect Moment expects to build upon its already rapidly expanding U.

S. customer base, with its U.S.

sales reaching nearly $10 million—or m.