logo
Lectra names Maximilien Abadie as deputy CEO

Lectra names Maximilien Abadie as deputy CEO

Fashion Network16-06-2025
Lectra, the French specialist in digital solutions and cutting equipment for the soft materials industry, has appointed Maximilien Abadie, a member of its executive committee, as deputy CEO.
Abadie has been working at Lectra for nearly 14 years. He was named head of strategy and products in 2022, having previously been in charge of corporate acquisitions and partnerships. Abadie notably masterminded the acquisitions of TextileGenesis and Launchmetrics, the eighth and ninth acquisitions made by Lectra since 2018.
'He has enabled the group to expand and assume a new dimension,' said CEO Daniel Harari. 'His main mission will be to continue to accelerate the deployment of our SaaS (software as a service) services. I have no doubt that he will manage to enable Lectra to reach new milestones in extending our services, whose positive impact on our business model we have already seen.'
Lectra said that Abadie, working alongside the CEO and the executive committee, will be in charge of defining the group's strategy as well as its deployment. He will still oversee the group's external growth initiatives, while also supervising Lectra's product strategy.
In 2024, Lectra reported revenue of €526,7 million, equivalent to 10% growth over fiscal 2023, with EBITDA of €91.1 million, up 15%.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

ChatGPT use significantly reduces brain activity, an MIT study finds
ChatGPT use significantly reduces brain activity, an MIT study finds

LeMonde

time2 hours ago

  • LeMonde

ChatGPT use significantly reduces brain activity, an MIT study finds

There are 800 million weekly users of ChatGPT worldwide − double the number from four months ago. But do we really know if using this artificial intelligence (AI) tool will have consequences on brain function? The answer is yes, according to neurotechnology specialists at the MIT Media Lab in Cambridge, Massachusetts. Under the direction of French researcher Nataliya Kosmyna, the team conducted a pioneering study on 54 volunteers aged 18 to 39 from around a dozen countries. Students and postdoctoral researchers from the Massachusetts Institute of Technology (MIT), Harvard University and Wellesley College − all in the Boston area − were equipped with headsets that read their brain activity – specifically, the flows of information moving through different brain regions, observed by the Dynamic Direct Transfer Function (dDTF), which provides a more comprehensive picture than a standard electroencephalogram. They were asked on three occasions to write essays, either with or without ChatGPT, and later recall their work. Four months later, the 18 who agreed to return switched roles: Those who had used AI no longer did, and vice versa.

Nay Affords on the art of making denim unique and desirable
Nay Affords on the art of making denim unique and desirable

Fashion Network

time4 hours ago

  • Fashion Network

Nay Affords on the art of making denim unique and desirable

With the ease of communication offered by social networks, a certain renaissance of individual enterprise has been observed in the fashion sector since the Covid-19 pandemic: in the footsteps of 17th-century seamstresses, designers are launching their businesses without the help of investors and managing to set up a viable business. Such is the case of Ornella Moreira, known as Nayaroz on social networks, a young designer based in the Paris region. In 2020, she launched Nay Affords (French for "Nay can afford it"), a brand known for its customized jeans inspired by streetwear.

Eyewear e-tailer Mia Burton merges with Lipari, forecasts €23.7 million revenue in 2025
Eyewear e-tailer Mia Burton merges with Lipari, forecasts €23.7 million revenue in 2025

Fashion Network

time4 hours ago

  • Fashion Network

Eyewear e-tailer Mia Burton merges with Lipari, forecasts €23.7 million revenue in 2025

Mia Burton, an international e-tailer specialised in high-end sunglasses and eyeglasses founded in 2022, has announced it has merged by incorporation with Lipari, an eyewear and optical products retailer set up in Palermo, Sicily, over 50 years ago, which recently opened a new store in Milan. The goals of the operation are for the partners to boost their omnichannel business, strengthen the group structure, and create synergies between online and offline retail. Mia Burton is set to consolidate its online presence and international footprint through a data-driven approach, while Lipari will continue to concentrate on physical retail with its selection of premium brands and sector expertise. Mia Burton and Lipari's joint goals include scaling operations and logistics, and increasing product customisation by sharing customer data and solutions. 'In a sector like eyewear that, unlike other fashion and luxury sectors, continues to grow chiefly in the digital realm, the new entity is preparing to develop different business lines, enhancing complementary skills within a single organisation. Pursuing this operating strategy, the group is aiming for revenue of €23.7 million in 2025,' said Mia Burton and Lipari in a press release. Mia Burton will contribute its expertise in international e-tail and premium brand management. The site is deployed in five languages – English, Italian, French, German, and Spanish – and is active virtually worldwide. Its main markets are the USA, the UK, and northern Europe, while Canada and Australia as emerging markets. Following the merger, Mia Burton intends to pursue its internationalisation path, opening new logistics hubs in the USA and Europe, and expanding its e-tail business to new markets such as the Arabian peninsula. In 2025, notably in Q2, Mia Burton has stepped up its efforts in Italy, posting 99% growth on an annual basis. 'We are not chasing an ego project or short-term revenue. In order to become a significant force, the most important thing is to build a solid project, and a coherent one. We are imagining a path unlike that of a cash-burning start-up,' said Carlo Alberto Lipari, CEO of Mia Burton. 'The merger with Lipari realises our vision of a business unit structure that multiplies existing synergies and enables us to tap new opportunities. Although Italy is a priority, we will adopt a gradual approach, since e-tail penetration in the optical sector in Italy has always been slower than in other countries. Precisely for this reason, our online focus on the Italian market continues to go hand in hand with traditional retail, and we are constantly searching for high-profile locations in [Italy's] main cities,' he added. Lipari said that the group will continue to extend its retail footprint with new openings in Italy, focusing on the in-store experience and a direct relationship with international brands, as shown by the recent limited-edition collaboration with French brand Peter & May. Mia Burton, in addition to consolidating its position as a multi-brand platform for high-end eyewear, will focus on selling its proprietary line of progressive lenses, Mia Burton Vision. Mia Burton currently sells 65 brands, from major luxury names such as Cartier, Gucci, Saint Laurent, Balenciaga, Bottega Veneta (by Kering Eyewear), Prada and Miu Miu (by Luxottica), to niche brands such as Jacques Marie Mage, Chrome Hearts, Cutler & Gross and Kuboraum, as well as independent brands with a cult following like Peter & May, Garrett Leight, and Leight, and iconic eyewear brands like Ray-Ban, Persol and Oakley.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store