Top Brazilian fashion retailer to drive greater agility, speed and innovation with Centric Software PLM partnership
CAMPBELL, Calif., October 8, 2019 – Riachuelo (RCHLO), one of the top three retail chains in Brazil, has selected Centric Software’s Product Lifecycle Management (PLM) solution. Centric Software provides the most innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to achieve strategic and operational digital transformation goals.
Riachuelo was founded in 1947, selling fabrics at low prices in high street stores. In 1979, as part of the Guararapes Group, Riachuelo began to offer ready-made clothing. 70 years later, Guararapes is the largest fashion group in Brazil and the parent company of Lojas Riachuelo, one of Brazil’s largest retail chains with 315 stores nationwide.
Riachuelo had purchased a PLM solution a few years ago, but were dissatisfied with its lack of flexibility and support. The company needed a new platform to give teams improved visibility, speed and collaboration, ultimately reducing costs and time to market.
“The dynamism of the current market demands more agility and innovation when developing and bringing new products to market, so it is necessary to create collections in the shortest possible time to market, minimizing costs and maximizing perceived value and quality,” explains Flávia Martino, Trend Research, Product Design and Product Development Project Manager at Lojas Riachuelo.
“We knew the right PLM solution would help us to improve control, agility and cross-area collaboration. We wanted more reliable information with fewer errors, reduced rework and costs and a way to eliminate manual and decentralized processes.”
“Centric PLM suits Riachuelo’s way of working,” says Martino. “It’s highly flexible and can deliver real integration between manufacturing and retail. Centric’s apps bring the mobility and speed we need to develop collections, quickly. The Centric team is focused on customer needs and building a win-win relationship.”
“With Centric PLM in place, we expect decreased time to market, reduced time to sample creation, process standardization, productivity gains, better product data governance and cost savings.”
“We are delighted to announce that Riachuelo has chosen Centric as a PLM partner,” says Chris Groves, President and CEO of Centric Software. “Riachuelo is investing in the future by giving teams a digital platform to boost communication, speed and efficiency, and we are looking forward to seeing their results with Centric PLM.”
Learn more about Retail PLM
Riachuelo is the largest fashion company in Brazil! There were 316 stores by the end of 2019. Riachuelo is part of the Guararapes Group, which is the largest clothing manufacturing group in Latin America with two industrial parks, allowing us to offer excellent value for money to our customers. Today there are more than 22 million customers on the Riachuelo card and 40,000 employees.
We are the only major fashion retail chain that researches, creates and produces most of their products. We are the direct distribution channel for the Guararapes Group products and we adopt the fast fashion concept – agility in the production and distribution of collections – to ensure fast dissemination of new trends and generation of added value for each collection.
Midway Financeira, Shopping Midway Mall (Natal – RN) and Transportadora Casa Verde are other companies belonging to the Guararapes Group.
Centric Software (www.centricsoftware.com)
From its headquarters in Silicon Valley, Centric Software provides a Digital Transformation Platform for the most prestigious names in fashion, retail, footwear, luxury, outdoor and consumer goods. Centric’s flagship Product Lifecycle Management (PLM) platform, Centric 8, delivers enterprise-class merchandise planning, product development, sourcing, quality and collection management functionality tailored for fast-moving consumer industries. Centric SMB provides innovative PLM technology and key industry learnings for emerging brands. Centric Visual Innovation Platform (VIP) offers a fully visual, transformative experience via large touch-screens and mobile devices, revolutionizing group decision making and creative collaboration while dramatically condensing time to market and product innovation. Centric Software is majority-owned by Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the world leader in 3D design software, 3D Digital Mock Up and PLM solutions.
Centric Software has received multiple industry awards and recognition, including being named by Red Herring to its Top 100 Global list in 2013, 2015 and 2016. Centric also received various excellence awards from Frost & Sullivan in 2012, 2016 and 2018.
Centric is a registered trademark of Centric Software. All other brands and product names may be trademarks of their respective owners.