Lectra news and archive

TikTok shop joins Lectra's e-commerce platform, Neteven

TikTok Shop joined the network of Neteven, the e-commerce platform by technology company Lectra. Neteven already collaborates with major online marketplaces such as Amazon, Asos, Decathlon, and Zalando. Thanks to this new partnership with TikTok, a subsidiary of tech giant ByteDance, fashion brands can now sell their collections through one of...

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Textilegenesis CEO Amit Gautam joins Lectra’s management team

Amit Gautam, founder and chief executive officer (CEO) of TextileGenesis, was appointed to the executive committee of Lectra, the French leader in technological solutions for the fashion, automotive and furniture industries. This move follows Lectra’s acquisition of a majority stake in TextileGenesis in December 2022. TextileGenesis is the...

People

Lectra appoints Shamina Bhaidjy as VP of investor relations

Technology solutions provider Lectra has announced the appointment of Shamina Bhaidjy as vice president of investor relations. “We are delighted to welcome Shamina Bhaidjy, whose mission will be to raise the profile of Lectra, one of the most attractive French midcaps on the Paris financial market,” said Daniel Harari, chairman and CEO of...

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Business

Lectra reports strong Q4 and 2024 results

Lectra, an industrial intelligence solutions provider for the fashion industry, reported an 11 percent increase in fourth quarter revenue to 132.5 million euros, with Launchmetrics contributing 11 million euros. During the quarter under review, EBITDA before non-recurring items rose 14 percent to 22.6 million euros, with the EBITDA margin...

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Business

Lectra registers Q3 revenue growth of 11 percent

Driven by both the integration of Launchmetrics and the improvement in the group’s fundamentals, Lectra’s third quarter recurring revenues reached 131.9 million euros and EBITDA before non-recurring items to 26.2 million euros, up by 11 percent and 10 percent, respectively). The EBITDA margin stood at 19.9 percent. The company said in a release...

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Business

Lectra acquires majority stake in Launchmetrics

Lectra, which offers industrial intelligence solutions in the fashion, automotive, and furniture sectors, has acquired a majority stake in American company Launchmetrics, an innovative cloud-based SaaS marketing solutions platform. In a statement, Lectra said the acquisition would expand its activities into marketing for fashion, which would...

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Business

Lectra posts 8 percent drop in Q2 revenues

Lectra’s second quarter revenues of 115.9 million euros were down 8 percent, while EBITDA at 15.6 million euros decreased by 30 percent and EBITDA margin came to 13.4 percent, down 4.4 percentage points. Against the backdrop of slower global growth, the anticipation of a recession risk in certain countries, persistent inflation, and continuously...

Fashion

Lectra launches a new generation of connected cutting equipment for the fashion industry

Lectra, the Paris-based technology company that delivers industrial intelligence to much of the fashion industry, has launched VectorFashion iX2 and VectorFashion Q2, solutions for next generation cutting equipment designed for brands and retailers as well as their supply chains. These solutions enable manufacturers to adapt to the growing...

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Fairs|REPORT

How technology will impact the future of fashion design

Fashion is technology, one of the oldest examples of it. In an anthropological sense, making textiles by weaving materials together is a prehistoric technology, which we have since built upon over thousands over years, as fashion innovators continually future-gaze. To enlighten us on what’s currently up ahead, Texworld assembled a panel of...

Fashion

Istituto Modartech and Lectra present capsule collection for Peuterey

Peuterey, the Italian clothing brand inspired by one of Mont Blanc's peaks, had its iconic garments reinterpreted by the students of Istituto Modartech. The collaboration, was the theme of the networking breakfast entitled Talent Lab which took place on January 8 at The Student Hotel in Florence. Istituto Modartech has had a long heritage...

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Business|INTERVIEW

How Chinese digitisation is changing the apparel manufacturing game

Technologically, manufacturing has advanced rapidly in China over the last few years. The country has said goodbye to low-cost production and is now betting on high-tech. This development is desired, politically, and funded by the state with large sums of money. Javier Garcia, president Asia Pacific of French fashion technology company Lectra,...

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Business

Fashion on demand is becoming a reality

Until now, custom-made production on an industrial scale has not been possible and thus, has been uneconomical for most fashion companies. This has since changed. Numerous international startups have been launched in recent years with exactly this idea, thanks to new technologies available today. Personalisation is a huge trend While the fashion...