Home / Knowledge / News / Information Technology / Lectra announces acquisition of Retviews

Lectra announces acquisition of Retviews

Jul '19
Pic: Lectra
Pic: Lectra
Lectra has signed an agreement with shareholders of Belgium company Retviews to acquire 100 per cent of capital and voting rights. Retviews has developed an innovative technological offer that enables fashion brands to analyse real-time market data in order to increase their sales and margins. Today more than 30 brands use Retviews in France and Belgium.

The transaction involves the acquisition of 70 per cent of Retviews for €8 million. The acquisition of the remainder of capital and voting rights will take place three times in July 2020, July 2021 and July 2022 for amounts of about 0.9 times 2020 revenues, 0.7 times 2021 revenues and 0.5 times 2022 revenues, respectively. These amounts will come from Lectra’s available cash, with no financing from the bank, said Lectra in a press release.

“By uniting with Retviews, we confirm once again our ambition to help our customers to quickly enter the era of Industry 4.0. Thanks to artificial intelligence algorithms, Retviews’ offer enables brands to make the best decisions at every moment throughout the life cycle of a product, in order to optimise their collections,” said Daniel Harari, chairman and chief executive officer, Lectra. “We are delighted to welcome the talented teams of Retviews. Together, we will create synergies with Lectra’s current offer, develop their technology and market their solution to our fashion customers worldwide, thanks notably to our 32 sales and services subsidiaries covering more than 100 countries.”

“In a few months, Retviews has become the leader of automated benchmarking in fashion in France and Belgium,” said Loïc Winckelmans, co-founder and chief executive officer, Retviews. “By joining forces with Lectra, we are convinced that we will benefit from its expertise to bring new innovations to fashion brands that will enable them to deliver products to the market that constantly meet consumers’ expectations.”

“Fashion companies are sitting on massive volumes of data that have tremendous value. They will only be able to exploit them by deploying artificial intelligence and big data,” said Lorenzo Pellizzari, co-founder and R&D director, Retviews. “With Lectra, we are going to enable brands to make a difference. We are looking forward to working on the development of new offers integrated with those of Lectra.”

For companies that breathe life into our wardrobes, car interiors, furniture and more, Lectra is crafting the premium technologies that facilitate the digital transformation of their industry. Founded in 1973, today Lectra has 32 subsidiaries across the globe, serving customers in over 100 countries. (PC)

Fibre2Fashion News Desk – India

Must ReadView All

Pic: Anton_Ivanov / Shutterstock.com

Retail | On 27th Jan 2022

UK retail sales volumes fall at fastest rate in 11 months in Dec 2021

UK retail sales volumes fell by 3.7 per cent in December 2021, the...

Pic: Shutterstock

Textiles | On 27th Jan 2022

New train route links China’s Suzhou city to Milan in Italy

A new China-Europe freight train route has been started between...

Pic: Shutterstock

Apparel/Garments | On 27th Jan 2022

UN-WTO report underrates Bangladesh's RMG industry progress: BGMEA

The recent United Nations-World Trade Organisation joint report has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

G Tumbarello,

G Tumbarello

Lilly + Sid is an award-winning organic children's clothing company from...

Susan Bhaktul,

Susan Bhaktul

Established in 2000 as a liaison with the Government of India, Industree...

J Vargas,

J Vargas

With a vision to be the world's top tier textile manufacturer, Badjatex...

Silverio Baranzano, Fitesa

Silverio Baranzano

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

 Natacha Defeche, Edana

Natacha Defeche

Since 1971, EDANA, the International association serving the nonwovens and ...

Dave Rousse, INDA

Dave Rousse

INDA, a global association of the nonwoven fabrics industry, has been...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Manish Malhotra, Label Manish Malhotra

Manish Malhotra
Label Manish Malhotra

A multitalented designer and founder of an eponymous label, Manish...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments


G-Star Raw C.V.
J ;& P Coats
Rayonese Textile Inc., Division de Culp Inc.
Gloria Jeans
The Top Form Brassiere Manufacturing Company Limited
Desigual - ABASIC, S.A.
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
John Varvatos
Lenzing Aktiengesellschaft
Recron Polyester from Reliance Industries Limited
Vardhman Textile Ltd
Amazon China
International Textile Manufacturers Federation
Chico’ FAS
H;&M Hennes ;& Mauritz (Far East) Ltd
The LYCRA Company Singapore  Pte. Ltd
Hirdaramani International Export Private Limited
Lululemon Athletica Inc
Huntsman (Singapore) Pte Ltd
Gatsby Africa
NITI Aayog
Calvin Klein
Gap International Sourcing Limited
Aquarelle Clothing Limited
Under Armour Global Sourcing Ltd
Hela Clothing Pvt Ltd
LC Waikiki
Sportmaster Ltd.
Vianney Textil Hogar S.A. De C.V.
Target Corporation (MN)
OVS Hong Kong Sourcing Ltd.
Eastman Chemical Company
Aramark Uniform ;& Career Apparel, LLC
Guess Europe Sagl,
SHAHI Exports Pvt Ltd
Groz-Beckert East Asia LLP
T.T. Limited
Restoque S.A.
Helly Hansen Far East Ltd
Green Fibre
Reiter India Private Limited
Boardriders Asia Sourcing Limited
Arvind Limited
Truetzschler India Private Limited
Alison Hayes Romania
Page Industries Limited (Bangalore)
Chori Company Limited
Sateri (Jiujiang) Fiber Co.,Ltd
PVH Corporation
Phong Phu international JSC (PPJ)
Seasalt Limited
Benetton Group
MAS Active / MAS Kreeda / MAS Bodyline
C;&A Sourcing International Ltd
Esprit Europe Services GmbH
KAS Direct Sourcing
Gokaldas Exports Limited
Cat Tuong Real Estate Group Joint Stock Company
Landmark Group
Maceton Limited
Tory Burch Hong Kong Ltd
Tchibo GmbH
Lisa S.P.A.
Sportswear Company Spa
Tommy Hilfiger
Rosset ;& Cia Limited
Midas Clothing Limited
IDH – The Sustainable Trade Initiative
Varner AS Retail
IKEA of Sweden AB
Lacoste (Wanchai)
Alix Partners
Etam Group Strategy Hong Kong Limited
Bluestem Global Sourcing Limited
Brandix Lanka Limited

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search