November 9th, 2020

Payless Spurs Innovation with Centric PLM

CAMPBELL, Calif., November 10, 2020 – Centric Software^®, leading provider of innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury, consumer goods and home décor companies, is excited to announce its partnership with Payless, the footwear retailer, as the Product Lifecycle Management (PLM) solution to achieving strategic and operational digital transformation goals for the brand’s relaunch in to the US market.

Newly headquartered in Miami, FL, Payless has an extensive history of providing value to customers around the world. In addition to its budding e-commerce business, Payless spans 30 countries with over 700 stores in Latin America, Africa, the Middle East, Asia and the Caribbean, serving millions of customers through its extensive global network of brick-and-mortar and retail footprint.

Under new management and executive leadership, Payless has a heightened focus on innovation and reinvigorated commitment to providing unparalleled value now across a range of apparel, accessories, and footwear, making it a brand priority to invest in a PLM solution for their relaunch into the US market in 2020 and beyond.

“Everything we do begins and ends with our customer in mind,” said Matt Lafone, Chief Operating Officer at Payless Worldwide. “To provide the consumer with the stylish, trend-forward products at the value they need, now more than ever, we as a brand have a responsibility to continue to innovate, and strengthen our sourcing and supply chain logistics capabilities as much as possible. With our relaunch into the US market, we had the opportunity to analyze our business and concentrate on ways to improve operational efficiency. Investing in Centric PLM is one of them.”

Centric PLM will allow Payless product developers, designers and managers to consolidate communication and have more time to deliver great products – one source of the truth for working with factories and vendors. PLM also enable brands like Payless to cut expenses, assist designers with technical packages, stay on track with our calendar and communicate more transparently.

“We’re very pleased that Payless has selected Centric PLM,” said Chris Groves, President and CEO of Centric Software. “Payless is jumping into a dynamic phase of innovation and strategic development, and we’re proud to be a part of it.”

About Payless (www.payless.com)

Founded in 1956 in Topeka, KS, Payless is an iconic footwear retailer with a 60+ year heritage, and uncompromised commitment to value. Serving millions of customers through its extensive global network of brick-and-mortar and Ecommerce retail footprint, Payless spans 30 countries with over 700 stores in Latin America, Africa, the Middle East, Asia and the Caribbean. Relaunched in 2020, Payless is now headquartered in Miami, FL and offers a wide range of fashionable footwear as well as apparel and accessories, all at affordable prices for every member of the family.

About 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, consumer goods and home décor. 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 new fully visual and digital experience for collaboration and decision-making and includes the Centric Buying Board to transform internal buying sessions and maximize retail value and the Centric Concept Board for driving creativity and evolving product concepts. All Centric innovations shorten time to market, boost product innovation and reduce costs.

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 Software is a registered trademark of Centric Software Inc. All other brands and product names may be trademarks of their respective owners.