Lectra

Last updated
Lectra
FormerlyLectra Systems SA
Company type Public ( Société Anonyme )
Euronext Paris:  LSS
CAC All-Share
ISIN FR0000065484
IndustrySoftware and cutting equipment manufacturing
Founded1973;51 years ago (1973)
Headquarters
Paris
,
France
Area served
Worldwide
Key people
Daniel Harari, CEO
Products CAD, CAM software, and cutting room equipment
Revenue€277 million (2017) [1]
€29.3 million (2017)
Number of employees
2,400
Website www.lectra.com/en

Lectra (EPA:LSS Euronext Paris) is a technology company [2] [3] with headquarters in Paris, France. [4] [5] It operates in 59 countries with 59 subsidiaries. [6] [7] Lectra specializes in CAD software and CAM cutting-room systems for industries using soft material such as leather and textiles. [8] [9] The company develops software, hardware, consulting and associated services for organizations in industries including fashion and apparel, automotive, furniture and others.

Contents

History

Lectra was founded in 1973 by engineers Jean and Bernard Etcheparre. Their first machine enabled a piece of clothing to be cut in all sizes from a cardboard pattern. The company launched its first CAD systems for apparel making in 1976. Venture capitalist André Harari met the two founders and raised the capital needed to implement Lectra's business development plan. In 1980, Lectra established its first foreign subsidiary in Germany, followed by the United Kingdom, Italy, Spain and the United States in 1982. [10]

By 1986, Lectra was the world's leading CAD and CAM systems provider and the company had its initial public offering the following year. After financial troubles in the early 1990s, the company was recapitalized by Daniel and André Harari. [10] [11]

In 2014, Lectra partnered with ESCP Europe to establish a chair in Fashion and Technology on its Paris campus for fashion and luxury sector innovation research. [12] In November 2017, Lectra joined with ESTIA, JPS Conseil and the Today Tomorrow Textiles Foundation to launch the Biarritz Active Lifestyle Integral (BALI) Chair. [13]

Frost & Sullivan recognized Lectra with its 2017 Global Product Leadership award for the Versalis LeatherSuite. [14] [15] That same year, the Industry of Future Alliance awarded Lectra the Showcase for the Industry of Future Alliance. [16]

Lectra announced the acquisition of Italian company Kubix Lab in January 2018. [17] [18] [19]

Overview

Lectra develops software, hardware, consulting and associated services to a broad array of major markets. [20] Lectra is an industry-leading[ buzzword ] company in integrated technology for industries using soft materials, [9] including fashion (apparel, accessories, footwear), automotive (car seats and interiors, airbags) and furniture, as well as a wide range of other industries such as the aeronautical and marine industries. [21] Lectra has over 24,000 clients in over a hundred countries including companies such as Louis Vuitton, Hermès and H&M. [22]

Lectra initially launched its Modaris software in 1984. Its onscreen pattern modification and design systems are widely used in the textile industry, including fashion schools and colleges. [23] Vector, Lectra's fabric-cutting technology, was introduced in 1993. The company first launched its product life-cycle management (PLM) software in 2006. It manages the life cycles of products and collections through software from planning, creation and product development to production. [11] In 2011, Lectra launched its leather-cutting technology Versalis for the automotive, furniture and fashion industries. [24] Versalis, the fastest leather-cutting solution in the industry, replaces leather-cutting typically done by hand with software and machinery that automates the process. [25] Lectra announced it was to embrace Industry 4.0 concepts in January 2018.

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References

  1. ↑ "Record revenues and earnings in 2017" (PDF). Lectra.
  2. ↑ Plunkett, Jack W. (April 1, 2006). Plunkett's Apparel & Textiles Industry Almanac 2006: The Only Comprehensive Guide to Apparel Companies. Plunkett Research. ISBN   9781593920432 . Retrieved June 18, 2015.
  3. ↑ Murray, Seb (April 20, 2015). "The Business Of Luxury: Growth In Emerging Markets Boosts MBA Careers". BusinessBecause. Retrieved June 18, 2015.
  4. ↑ Webb, Alex (March 16, 2015). "French Fashion Supplier Benefits From Euro Edge Over China, U.S." Bloomberg News. Archived from the original on April 14, 2015. Retrieved June 18, 2015.
  5. ↑ Konrad, Alex (July 29, 2014). "For Software Makers Powering Designs At Fashion Houses, China's The Next Big Market". Forbes . Retrieved June 18, 2015.
  6. ↑ "Lectra wins EY's 2014 International Company of the Year Award". Leather International. October 17, 2014. Retrieved June 18, 2015.
  7. ↑ "Technology solutions for fashion, automotive and furniture | Lectra". www.lectra.com. Retrieved 2022-05-14.
  8. ↑ "Lectra Fashion PLM streamlines product development from planning to sourcing". Future of Footwear Business. March 21, 2015. Archived from the original on June 19, 2015. Retrieved June 18, 2015.
  9. 1 2 Legg, John (May 1, 2015). "Industry leaders join Lectra for an exclusive furniture industry event". Furniture & Joinery Production. Retrieved June 18, 2015.
  10. 1 2 "Lectra SA". Worldwide Company Profile. February 6, 2012. Archived from the original on April 15, 2018. Retrieved April 28, 2021.
  11. 1 2 Purvin, Francesca Sterlacci; Arbuckle, Joanne (November 19, 2007). Historical Dictionary of the Fashion Industry. Scarecrow Press. ISBN   9780810864191 . Retrieved June 18, 2015.
  12. ↑ Bradshaw, Della (February 7, 2014). "ESCP Europe and Lectra collaborate on fashion". Financial Times . Retrieved June 18, 2015.
  13. ↑ "Inauguration of the "Biarritz Active Lifestyle Integral" Chair". Technopole Pays Basque. November 28, 2017.
  14. ↑ "Frost & Sullivan Confers Lectra's Versalis Digital Leather Cutting Solution with Product Leadership Award". Frost & Sullivan. July 18, 2017.
  15. ↑ "Frost & Sullivan confers Lectra's Versalis digital leather cutting solution with product leadership award". Leather International. July 19, 2017.
  16. ↑ "Lectra Awarded 'Showcase for the Industry of the Future' Label". Furniture Today . September 14, 2017.
  17. ↑ "Lectra Acquires Kubix Lab". Apparel Magazine. January 25, 2018.
  18. ↑ Beth Wright (January 26, 2018). "Lectra snaps up Kubix Lab for EUR7m". Just-Style.
  19. ↑ "Lectra announces acquisition of Kubix Lab". Fashion Network. January 29, 2018.
  20. ↑ Chen, Yu (July 27, 2010). "TEC Vendor Note: Lectra, A Focused PLM Player". Technology Evaluation Centers. Retrieved June 18, 2015.
  21. ↑ Nouvelle, L'Usine (May 9, 2011). "Lectra projette de s'agrandir pour relocaliser" (in French). L'usine Nouvelle. Retrieved June 18, 2015.
  22. ↑ "Lectra launches South Korean subsidiary". Fashion Magazine. July 9, 2014. Retrieved June 18, 2015.
  23. ↑ M. Stott (October 30, 2012). Pattern Cutting for Clothing Using CAD: How to Use Lectra Modaris Pattern Cutting Software. Elsevier. ISBN   9780857097095 . Retrieved June 18, 2015.
  24. ↑ "Cut the cost of cutting leather". Leather International Magazine. March 4, 2014. Retrieved June 18, 2015.
  25. ↑ Speer, Jordan (January 18, 2013). "New Versalis Leather Cutter Offers Speed, Flexibility and Waste Reduction". Apparel Magazine. Retrieved June 18, 2015.
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