Blog: Leonie BarrieLectra looks ahead

Leonie Barrie | 9 January 2004

I spoke with Lectra CEO Daniel Harari this-morning, still euphoric at the response to his company’s 51.5 million euros purchase of Spanish rival Investronica earlier this week. Still waiting for official feedback from customers, he was relieved that the acquisition had been greeted so warmly in the financial markets – a 20 per cent hike in share price in two days. And the deal finally lays to rest the jostling for pole position that has characterised the relationship between Lectra and Gerber over the past few years.

Daniel believes CAD/CAM installations in the Far East, Eastern Europe and North Africa will continue to grow since “companies have no choice but to invest to be competitive.” And when I asked him whether it was necessarily a good thing to have less choice in terms of CAD/CAM vendors, he replied: “What counts for customers is to have the best payback and best value for money. Our job is to make sure our customers are more efficient and make more money. I don’t think it’s better to have more competitors on the market; I think it’s better to get more for your money.” Based on Lectra's recent track record, it's hard to argue.

FRANCE: Lectra Buys Investronica In EUR51.5m Deal


BLOG

Likely shifts in the sourcing landscape in 2017

Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing land...

BLOG

Trump trade policies and China tensions top concerns

This week our focus turns to first thoughts from a panel of industry experts consulted by just-style on the challenges and opportunities likely to face the apparel supply chain in 2017, with prospects...

BLOG

Happy New Year – and a first look at 2017

Welcome back after the holiday break, and from the team here at just-style I’d like to wish all our readers a happy and prosperous New Year....

BLOG

New re:source to help unravel sourcing decisions

Apparel sourcing is a complex process built on a mix of location, logistics, lead-time, price, compliance, risk and reliability. And it's in a constant state of flux as retailers, brands and manufactu...

just-style homepage



Forgot your password?