Lectra news and archive

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...

BusinessFeatured

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...

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...

Fairs|REPORT Featured

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...

Business|INTERVIEW Featured

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,...

BusinessFeatured

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...

People

Akihiko Tanaka appointed Managing Director of Lectra Japan

Lectra, the technological partner for companies using fabrics and leather, has announced the appointment of Akihiko Tanaka to the role of Managing Director, Lectra Japan. Based in Osaka, the company said, Tanaka’s role is to support Lectra’s Japanese fashion & apparel and automotive customers as they undergo transformations related to Industry...

People

Lectra names Olivier du Chesnay its new Chief Financial Officer

Lectra has announced the appointment of Olivier du Chesnay to the role of Chief Financial Officer. The company said that as deputy chief financial officer of Lectra since May 2013, Chesnay was already supervising management control, statutory consolidation and audit, headquarters’ accounting, cash flow, credit management and change risk...

Apparel

Lectra appoints Philippe Ribera

Lectra is pleased to announce the appointment of Philippe Ribera as Software Marketing Director. Based at the company’s headquarters in Paris, Philippe Ribera reports directly to Daniel Harari, Lectra CEO. Philippe Ribera is responsible for the definition and implementation of the group's software marketing action plans for all industries. One...