Business
PTC FlexPLM to Strengthen SPG Company's Licensed Product Operations
PTC (NASDAQ: PTC) today announced that SPG Company, a global leader in licensed product design, development, manufacturing, and distribution, has selected PTC's FlexPLM® retail product lifecycle management (PLM) solution to modernize and support its end-to-end product lifecycle operations. With FlexPLM, SPG will replace its legacy PLM system with a scalable, cloud-based platform designed to support faster development cycles and more consistent product data.
About this update from Ptc Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Addresses performance, data consistency, and workflow challenges that slow product development and impact downstream teams","length":122,"tagName":"p"}]},{"val":[{"type":"text","content":"Enables faster, more collaborative product execution with a cloud-based PLM solution built to support future growth","length":120,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":242,"olType":false},{"type":"text","content":"BOSTON, Feb. 12, 2026 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that SPG Company, a global leader in licensed product design, development, manufacturing, and distribution, has selected PTC's FlexPLM® retail product lifecycle management (PLM) solution to modernize and support its end-to-end product lifecycle operations. With FlexPLM, SPG will replace its legacy PLM system with a scalable, cloud-based platform designed to support faster development cycles and more consistent product data.","length":503,"tagName":"p"},{"type":"image","alt":"Browning Apparel - SPG Company","displaySize":"","headline":null,"caption":"Browning Apparel - SPG Company","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":206,"url":"https://media.zenfs.com/en/prnewswire.com/a1efed7fb2062d4eb2c4c7555bb64b2b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vmLkaSmNGhVWsVirCNPdUg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM2MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/a1efed7fb2062d4eb2c4c7555bb64b2b","width":400,"height":206}},"href":"https://mma.prnewswire.com/media/2902678/PTC___Browning_Apparel___SPG_Company.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"SPG Company develops licensed apparel and consumer products for leading manufacturers and product companies, managing everything from early design and development through manufacturing and nationwide retail distribution. As SPG's portfolio and customer base continued to expand, the company required a scalable, enterprise-grade PLM platform capable of supporting its growing licensed product business.","length":406,"tagName":"p"},{"type":"text","content":"Over time, SPG's legacy PLM system became increasingly complex and heavily customized, limiting performance and scalability. The company experienced challenges, including slow system response, inconsistent data, and work...