Latest news with #Lectra
Fashion United
4 days ago
- Business
- Fashion United
TikTok shop joins Lectra's e-commerce platform, Neteven
TikTok Shop joined the network of Neteven, the e-commerce platform by technology company Lectra. Neteven already collaborates with major online marketplaces such as Amazon, Asos, Decathlon, and Zalando. Thanks to this new partnership with TikTok, a subsidiary of tech giant ByteDance, fashion brands can now sell their collections through one of the most popular social media channels, Lectra announced in a press release. Neteven offers fashion brands a central SaaS solution for managing their online sales. The platform streamlines product information, inventory management, and order processing, while automating sales across multiple marketplaces. TikTok Shop is an integrated shopping environment within the TikTok video app. It allows users to discover and purchase products directly without leaving the app. The feature is already active in countries including the UK and the US and recently launched in France, Spain, and Italy. A launch in the Netherlands and Belgium is expected soon, although an exact date is yet to be confirmed. This integration is a strategic step for fashion companies looking to capitalise on social commerce. Greg Zemor, chief executive officer of Neteven, stated that affiliated brands achieve an average of 35 percent more online sales within six months. Moreover, the time-to-market is reduced by approximately 80 percent. "This growth is not only due to our technology but also to the strength of our marketplace network," said Zemor. "I am therefore particularly pleased to add TikTok Shop to our network." This article was translated to English using an AI tool. FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result. This saves our human journalists time they can spend doing research and writing original articles. Articles translated with the help of AI are checked and edited by a human desk editor prior to going online. If you have questions or comments about this process email us at info@
Yahoo
6 days ago
- Business
- Yahoo
3 European Growth Companies With Insider Ownership Up To 24%
As the European market navigates through geopolitical tensions and economic uncertainties, reflected by the recent declines in major indices like the STOXX Europe 600, investors are increasingly seeking stability and growth potential. In this environment, companies with high insider ownership can be particularly appealing as they often indicate management's confidence in their business prospects. Name Insider Ownership Earnings Growth Xbrane Biopharma (OM:XBRANE) 21.8% 56.8% Redelfi (BIT:RDF) 12.1% 37.3% Pharma Mar (BME:PHM) 11.8% 44.9% MedinCell (ENXTPA:MEDCL) 13.9% 130.8% KebNi (OM:KEBNI B) 38.3% 67% Elliptic Laboratories (OB:ELABS) 24.4% 79% Diamyd Medical (OM:DMYD B) 11.9% 93% CTT Systems (OM:CTT) 17.5% 34.2% Bonesupport Holding (OM:BONEX) 10.4% 58.6% Bergen Carbon Solutions (OB:BCS) 12% 63.2% Click here to see the full list of 190 stocks from our Fast Growing European Companies With High Insider Ownership screener. We'll examine a selection from our screener results. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Lectra SA offers industrial intelligence solutions for the fashion, automotive, furniture markets, and other industries globally, with a market cap of €940.56 million. Operations: The company's revenue is segmented as follows: €176.26 million from the Americas, €134.84 million from Asia-Pacific, and €220.46 million from EMEA (Europe, Middle East and Africa). Insider Ownership: 12.7% Lectra's recent expansion of its Valia Fashion platform into new markets like Mexico and Brazil underscores its growth strategy in the fashion industry's shift to Industry 4.0. Despite a modest revenue growth forecast of 5.9% annually, Lectra's earnings are expected to grow significantly at 21.42% per year, outpacing the French market average. The company is exploring M&A opportunities to strengthen its position further while trading below estimated fair value, indicating potential for future appreciation. Delve into the full analysis future growth report here for a deeper understanding of Lectra. Our comprehensive valuation report raises the possibility that Lectra is priced lower than what may be justified by its financials. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Verve Group SE is a digital media company that provides ad-software solutions in North America and Europe, with a market cap of €528.13 million. Operations: The company's revenue is derived from two main segments: Demand Side Platforms (DSP), generating €117.61 million, and Supply Side Platforms (SSP), contributing €401.53 million. Insider Ownership: 24.5% Verve Group SE's recent financial activities, including a SEK 360.024 million follow-on equity offering and board changes, highlight its dynamic growth strategy. Despite a drop in net income to €0.186 million for Q1 2025, revenue increased to €114.91 million compared to the previous year. The company anticipates annual revenues between €530 million and €565 million for 2025, with substantial insider buying indicating confidence in its growth potential despite volatile share prices and lower profit margins than last year. Take a closer look at Verve Group's potential here in our earnings growth report. According our valuation report, there's an indication that Verve Group's share price might be on the cheaper side. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Redcare Pharmacy NV operates an online pharmacy business across the Netherlands, Germany, Italy, Belgium, Switzerland, Austria, and France with a market cap of €1.99 billion. Operations: The company's revenue is divided into two main segments: DACH, generating €2.06 billion, and International, contributing €464.53 million. Insider Ownership: 13.4% Redcare Pharmacy's growth potential is underscored by substantial insider buying, indicating confidence despite a volatile share price. The company reported Q1 2025 sales of €717.29 million, up from €560.22 million the previous year, though it incurred a net loss of €10.82 million. With revenue forecasted to grow at 16% annually and expected profitability within three years, Redcare remains undervalued at 69% below its estimated fair value amid recent board changes enhancing strategic oversight. Click here to discover the nuances of Redcare Pharmacy with our detailed analytical future growth report. The analysis detailed in our Redcare Pharmacy valuation report hints at an inflated share price compared to its estimated value. Unlock more gems! Our Fast Growing European Companies With High Insider Ownership screener has unearthed 187 more companies for you to here to unveil our expertly curated list of 190 Fast Growing European Companies With High Insider Ownership. Interested In Other Possibilities? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include ENXTPA:LSS XTRA:M8G and XTRA:RDC. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Fashion Network
16-06-2025
- Business
- Fashion Network
Lectra names Maximilien Abadie as deputy CEO
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%.
Yahoo
15-06-2025
- Business
- Yahoo
TextileGenesis and Recover Team on Traceability Pilot
Recover and TextileGenesis are collaborating on a traceability pilot, meant to help track recycled material through its life. Recover produces recycled cotton fiber blends used by brands and retailers aiming to make their value chain more circular. TextileGenesis, owned by technology company Lectra, is a software-as-a-service (SaaS) offering that better enables traceability for fashion and apparel purveyors. By joining forces, the companies are hoping to validate the promise of Recover's circularity capabilities. More from Sourcing Journal From Claims to Proof: How GenuTrace Provides Science-Backed Traceability Shuffle Board: Nike's Latest Leadership Realignment, Green-ish Founder to Direct CCI How Soorty Is Building a More Resilient, Traceable Cotton Supply Chain The pilot uses TextileGenesis's Fibercoin tool, which in effect creates a digital twin of a particular asset that can be tracked through the value chain. Fibercoins can be used to track fibers, fabrics and garments alike. In this case, TextileGenesis used Fibercoin to create a token for each kilogram of Recover material, which is intended to verify movement through the supply chain. The companies will use two styles to test the traceability of items through different types of supply chain systems. Recover helped bring its supply chain partners onto the TextileGenesis platform, where they learned how the technology works and completed mock transactions with Fibercoin items. Once the pilot is complete, TextileGenesis and Recover plan to use the technology for broader fiber-to-garment traceability across retail supply chain use cases at a larger scale. The idea is that, by tracing the material input through to the retail storefront, companies will more easily be able to validate circularity and recycling claims. For companies doing business inside the European Union, that will become particularly important ahead of incoming regulations, said Orsolya Janossy, senior sustainability manager at Recover. 'Traceability plays a foundational role in validating circularity claims and preparing for regulations like the EU Digital Product Passport,' Janossy said in a statement. 'This pilot will enable us to test the TextileGenesis system in real-world conditions. It will provide our brand partners with verified data to support responsible sourcing, product-level disclosures, and credible circularity claims.' Recover already uses physical tracers for its materials, but by teaming with TextileGenesis, it hopes to further validate circular claims and add more transparency into brands and retailers' supply chains. Amit Gautam, founder and CEO of TextileGenesis, said the company is well suited to take on that task with Recover. 'Recover is demonstrating how traceability can be embedded into circular business models—not just to validate recycled content, but to create the verified data infrastructure needed for regulatory compliance and brand accountability,' Gautam said in a statement. 'This sets the foundation for scalable, digital traceability across the recycled fiber ecosystem.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fashion Network
13-06-2025
- Business
- Fashion Network
Lectra names Maximilien Abadie as deputy managing director
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 managing director. 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%.
