November 29th, 2023

LPP Partners with Centric Software to Power Rapid Omnichannel Growth

Fast-growing European fashion group chooses Centric Planning to save time and harmonize omnichannel planning across 5 brands

CAMPBELL, Calif., November 30, 2023 –Centric Software^®, the Product Lifecycle Management (PLM) market leader, is pleased to announce that Polish fashion group LPP SA (LPP) has selected Centric Planning^TM. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, price and sell products such as apparel, fashion, home, footwear, sporting goods, consumer electronics, cosmetics, food & beverage, and luxury to achieve strategic and operational digital transformation goals.

Based in Gdansk, Poland, LPP is an innovative, family-run business, one of the fastest-growing clothing companies in Central Europe which manages five recognisable fashion brands: Reserved, Cropp, House, Mohito and Sinsay. Catering to a number of different demographics, LPP designs, manufactures and distributes its collections across 39 countries over 3 continents through its ecommerce channels and vast distribution network of over 2,000 stores.

Operating for over 30 years, with noticeable growth since 2019, LPP continues to drive development forward with an intensive expansion throughout Europe. During that time LPP has noted over 60% dynamic growth and changed its business model towards omnichannel solutions in addition to significantly changing their development strategy, turning it towards the southern, central and western parts of the continent. Recognizing the need to further streamline their omnichannel planning in order to achieve their expansion strategy and drive future growth LPP, through their IT subsidiary Silky Coders, selected market-leading retail planning solution; Centric Planning.

“We were looking for a planning solution that could handle omnichannel effectively, with modern cloud-based technology and highly flexible configurability,” says Andrzej Kryżewski – Data Science Director of Silky Coders. “We have decided to pursue a complete omnichannel strategy, investing in both bricks and mortar and e-commerce stores. Centric Planning is a perfect fit for our fast-growing omnichannel strategy. It is very intuitive to use and will help us to organize our data in a way that supports our dynamic growth.”

With Centric Planning in place, LPP expects to see substantial time savings.

“Centric Planning will enable us to have all of our data in one place, minimize errors and unify planning processes across our five brands,” says Kryżewski. “Our merchandisers will be able to spend time making strategic decisions rather than collecting data.”

“We are delighted to collaborate with LPP as they build a digital foundation for rapid omnichannel expansion,” says Chris Groves, CEO of Centric Software. “We look forward to working with the LPP team and Silky Coders as they implement Centric Planning to develop streamlined and efficient planning processes that will drive their growth strategy.”

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LPP Group (www.lpp.com)

LPP is a Polish family business and one of the fastest growing clothing companies in the region of Central Europe. For 30 years, it has been successfully operating in Poland and abroad, offering its collections in such prestigious capitals as London, Helsinki or Bukarest. LPP manages five fashion brands: Reserved, Cropp, House, Mohito, and Sinsay, whose offer is available today in stationary and online stores in nearly 40 markets worldwide. The company has a chain of over 2000 stores with the total area of 1.8 million m2 and distributes clothing and accessories to 3 continents every year.

Centric Software® (www.centricsoftware.com)

From its headquarters in Silicon Valley, Centric Software provides an innovative and AI-enabled product concept-to-replenishment platform for retailers, brands and manufacturers of all sizes. As experts in consumer goods like fashion, outdoor, luxury, home, multi-category retail, grocery, food & beverage, cosmetics & personal care and consumer electronics, Centric Software delivers best-of-breed solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products.

· Centric PLM™, the leading PLM solution for consumer goods, optimizes product execution from ideation to development, sourcing and manufacture, realizing up to 50% improvement in productivity.

· Centric Planning™ is an innovative, cloud-native, AI solution delivering end-to-end planning capabilities to maximize retail and wholesale business performance resulting in a 110% increase in margin.

· Centric Pricing & Inventory™ leverages AI to drive margins and boost revenues by up to 18% via price and inventory optimization from pre-season to in-season to season completion.

· Centric Market Intelligence™ is an AI-driven platform giving insights into consumer trends, competitor offers and pricing to boost competitivity and get closer to the consumer, with a proven 12% increase in average initial price point.

· Centric Visual Boards™ pivot actionable data in a visual-first orientation to ensure robust, consumer-right assortments and product offers, increasing product portfolios by up to 90% using the same resources.

Centric Software’s market-driven solutions have the highest user adoption rate, customer satisfaction rate and fastest time to value in the industry. Centric Software has received multiple industry awards and recognition appears regularly in world-leading analyst reports and research.