Growing Global Brands: Centric PLM powers business transformation at Tristate Holdings
Campbell, Calif., 28 December 2017 – Centric Software is delighted to announce the release of a success story about its customer, Tristate.
In 2015 Tristate acquired C.P. Company, an established Italian brand. To better fit with the group’s other brands and to expand beyond its local market, C.P. needed to undergo a rapid business transformation – one that would also lay the foundations for the future evolution of its business model.
“As an international, multi-brand and multi-environment company, we needed to streamline our product development,” explains Eddie Li, Tristate’s Corporate IT Director. “We wanted to make the most of the expertise that C.P. had and expand even further into Europe and beyond. We quickly realized that we needed to invest in a strong IT foundation if we were going to help C.P. grow to be a global brand.” With extremely tight time constraints, Li considers the speed of Tristate’s PLM project to be its most impressive result – particularly because it was achieved with no overspend.
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Tristate Holdings (www.tristateww.com)
Founded in 1937, Tristate has evolved from its historical origins as a prestigious Shanghai and Hong Kong tailor and developed a unique industrial garment manufacturing system globally recognized throughout the premium fashion business for its unrivaled ability to integrate cutting-edge technologies into the production of innovative fashions.
Since the mid-1990s Tristate has dedicated itself to creating greater synergy between this unique manufacturing expertise and the branding processes of design, marketing and distribution, to build a group of global brands being recognized for their product-centric innovation and cultural authenticity.
As a vertically integrated company, Tristate fosters the core value of innovation and authenticity throughout every link in its value chain of 8 factories, 4 brands, more than 10,000 employees in 12 countries, with an annual turnover of US$290 Million as of 2016.
Centric Software (www.centricsoftware.com)
From its headquarters in Silicon Valley and offices in trend capitals around the world, Centric Software provides a Digital Transformation Platform for the most prestigious names in fashion, retail, footwear, luxury, outdoor and consumer goods. Centric Visual Innovation Platform (VIP) is a visual, fully digital collection of boards for touch-based devices like iPad, iPhone and large-scale, touch-screen televisions. Centric VIP transforms decision making and automates execution to truly collapse time to market and distance to trend. Centric’s flagship product lifecycle management (PLM) platform, Centric 8, delivers enterprise-class merchandise planning, product development, sourcing, business planning, quality, and collection management functionality tailored for fast-moving consumer industries. Centric SMB packages extended PLM including innovative technology and key industry learnings tailored for small businesses.
Centric Software has received multiple industry awards, including the Frost & Sullivan Global Product Differentiation Excellence Award in Retail, Fashion, and Apparel PLM in 2016 and Frost & Sullivan’s Global Retail, Fashion, and Apparel PLM Product Differentiation Excellence Award in 2012. Red Herring named Centric to its Top 100 Global list in 2013, 2015, and 2016.
Centric is a registered trademark of Centric Software. All other brands and product names may be trademarks of their respective owners.