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March 9, 2021

Bioworld speeds product development with PLM

Bioworld, a global manufacturer of pop-culture apparel and accessories, has implemented a new Product Lifecycle Management (PLM) solution to boost product development.

By Beth Wright

Bioworld, a global manufacturer of pop-culture apparel and accessories, has implemented a new Product Lifecycle Management (PLM) solution to boost product development.

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What is driving growth in the Global Luxury Apparel Market?

The global luxury apparel market has seen exceptional recovery since 2021, after the inevitable sales decline in 2020 due to the pandemic. This growth has largely been due to strong demand in the key market of APAC, with the lifting of restrictions leading consumers to spend more on luxury goods for events such as holidays and social occasions. This growth is only expected to continue, and GlobalData’s free report Global Luxury Apparel Market Trends, Size and Forecasts out to 2025, can assist companies in understanding the drivers behind this growth, as well as potential inhibitors and key trends affecting the market. Understanding these crucial elements will be essential for luxury brands and retailers to stay ahead of their competitors. This report provides comprehensive analysis of:
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  • Key trends affecting the global luxury apparel market
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Founded in 1999, Bioworld is a specialist in licensed products, headquartered in Irving, Texas, with ten offices worldwide. 

It has selected Centric Software’s Centric 8 PLM to help deal with the large number of products and the variety of categories across various types of retail—B2B, direct to consumer and Amazon channels—that it manufactures. 

“We manage tens of thousands of unique products every year from a development and also from a production standpoint,” says Nathan Grant, VP of creative. “We have to track progress of each product from inception to production to retail throughout the development life cycle while also managing our clients’ approvals and changes. The volume of products and approval process adds to the complexity of our operations. With all the moving parts, it seems like an impossible job.

“What we really want from Centric PLM is speed—and being able to bring the right products to market.”

Patrick Flanagan, director of IT, adds: “We went on a very long and thorough fact-finding mission, looking at multiple PLM systems over the course of two years with all the stakeholders involved. We used scorecards and Centric finished head-and-shoulders above everybody else.

“We were able to easily align our business processes with the out-of-the-box functionality of Centric PLM. Everything from design, to tech packs and building BOMs, sampling, merchandise and line planning, is a lot more efficient than before. The ‘one source of the truth’ is key.

“It is phenomenal that if we have a challenge we can actually come up with a solution and test it in the system that same day without impacting production. We can ‘what-if’ without affecting the business.”

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Free Report
img

What is driving growth in the Global Luxury Apparel Market?

The global luxury apparel market has seen exceptional recovery since 2021, after the inevitable sales decline in 2020 due to the pandemic. This growth has largely been due to strong demand in the key market of APAC, with the lifting of restrictions leading consumers to spend more on luxury goods for events such as holidays and social occasions. This growth is only expected to continue, and GlobalData’s free report Global Luxury Apparel Market Trends, Size and Forecasts out to 2025, can assist companies in understanding the drivers behind this growth, as well as potential inhibitors and key trends affecting the market. Understanding these crucial elements will be essential for luxury brands and retailers to stay ahead of their competitors. This report provides comprehensive analysis of:
  • Luxury apparel market size at total, regional, and category level – with forecasts out to 2025
  • Market drivers and inhibitors
  • Retailer and brand market shares, 2019-2021
  • Hot issues and profiles of leading brands
  • Key trends affecting the global luxury apparel market
Read this report now if you want to maximize growth using in-depth market predictions.
by GlobalData
Enter your details here to receive your free Report.

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