Lectra, an integrated technology solutions provider to industries using soft materials like fabrics, leather, technical textiles and composite materials said it has bagged the ‘2014 International Company of the Year Award’ for France.
Earlier on September 24, Lectra had received the same distinction for the country’s southwest region.
“This International Company of the Year Award reflects the broad scope of Lectra, which serves its customers in more than 100 countries and achieves 92% of its revenues overseas,” said Daniel Harari, Lectra CEO.
“We are a transnational company with 32 subsidiaries abroad and more than 1,400 employees representing 50 different nationalities,” he added.
Lectra said it has succeeded internationally and, at the same time, maintained strong local roots. It said it has preserved its French DNA with its headquarters in Paris and its production and R&D facilities located in Cestas, southwest France.
Daniel Harari explained, “We have been successful globally because we made the bold choice to continue our production in France, a guarantee of savoir-faire and quality, while others relocated to China.
“We preferred to reinforce the close cooperation between our teams of experts and researchers, a complete reengineering of our solutions and an upscale positioning to continually add value for our customers.”
Lectra’s strength also lies in the composition of its local teams. Apart from some very rare exceptions, Managing Directors at its subsidiaries are local hires.
“This is very important because it allows us to create a real proximity with our customers, and therefore a full understanding of their operational needs,” added Daniel Harari.
These choices have been a winning strategy as Lectra now attracts an increasing number of customers from high growth markets such as China, Brazil, South Korea and United States.
“Over the years, Lectra has gained market share and today holds a very strong position with renowned customers in all its business sectors. In the fashion market for example, Lectra serves almost 100% of luxury brands,” said Daniel Harari.
EY, one of the world leaders in advisory, assurance, tax and transaction services, started its Entrepreneur of the Year awards program in 1986 in the United States. The program now spans more than 58 countries, and this was the 22nd year the prize was awarded in France. (AR)