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06.05.2024

Stahl: Thierry Vanlancker joins as non-Executive Board Director

Stahl, a provider of speciality coatings and treatments for flexible substrates, has appointed former AkzoNobel CEO Thierry Vanlancker as a Non-Executive Director to its Board.

As a Non-Executive Board Director, Mr Vanlancker will provide valuable oversight, advice and strategic guidance to Stahl’s leadership, supporting the company’s position as a leader in speciality coatings and treatments for flexible substrates.

From 2017 to 2022 Mr Vanlancker served as CEO and Chairman of the Management Board of AkzoNobel NV. Prior to his tenure at Akzo he held several senior positions in Europe and the US at Dupont.

Mr Vanlancker also serves as Chairman of the Board at Sika and as Non Executive Board Director at Aliaxis and Etex. He brings over 30 years of experience in the  speciality coatings and chemicals industries and holds a Master's degree in chemical engineering from Ghent University.

Stahl, a provider of speciality coatings and treatments for flexible substrates, has appointed former AkzoNobel CEO Thierry Vanlancker as a Non-Executive Director to its Board.

As a Non-Executive Board Director, Mr Vanlancker will provide valuable oversight, advice and strategic guidance to Stahl’s leadership, supporting the company’s position as a leader in speciality coatings and treatments for flexible substrates.

From 2017 to 2022 Mr Vanlancker served as CEO and Chairman of the Management Board of AkzoNobel NV. Prior to his tenure at Akzo he held several senior positions in Europe and the US at Dupont.

Mr Vanlancker also serves as Chairman of the Board at Sika and as Non Executive Board Director at Aliaxis and Etex. He brings over 30 years of experience in the  speciality coatings and chemicals industries and holds a Master's degree in chemical engineering from Ghent University.

More information:
Stahl Coatings Board of Directors
Source:

Stahl

06.05.2024

Levi Strauss & Co. appoints new CCO

Levi Strauss & Co. announced the appointment of Gianluca Flore as executive vice president and chief commercial officer, effective July 29. Reporting to Michelle Gass, president and chief executive officer, Flore will join the company’s executive leadership team and will be responsible for the commercial operations of the Levi’s® brand across all global channels, including stores, e-commerce and wholesale.

Levi Strauss & Co. announced the appointment of Gianluca Flore as executive vice president and chief commercial officer, effective July 29. Reporting to Michelle Gass, president and chief executive officer, Flore will join the company’s executive leadership team and will be responsible for the commercial operations of the Levi’s® brand across all global channels, including stores, e-commerce and wholesale.

Flore brings more than 20 years of international commercial experience in the luxury apparel and lifestyle sector. He joins LS&Co. from Burberry, where he was appointed chief commercial officer in 2021, overseeing five regions and a network of more than 400 stores. Prior to this, he served as the company’s president for the Americas and Global Retail Excellence, spearheading the expansion and productivity of the brand’s retail footprint, and elevating distribution and positioning across wholesale. Flore has also held leadership roles at the luxury group Kering, including CEO of Brioni, where he established a profitable retail business model for the brand, and at Bottega Veneta, where he led double-digit revenue increases across wholesale and retail channels. Flore holds a BBA and post-graduate certificate from LUISS University in Rome, Italy, as well as a post-graduate certificate from the London School of Economics.

More information:
Levi Strauss Clothing industry
Source:

Levi Strauss & Co.

06.05.2024

GOTS releases new rules and tools

  • GOTS Version 7.0 released
  • GOTS certified entities grow by 8% and expand to 89 countries
  • GOTS releases Due Diligence Handbook for certified entities
  • Farm-Gin Registry implemented in India, creating a direct link and better evaluation of incoming data
  • GOTS collaborates with European Space Agency and Marple for AI organic cotton project
  • #Behindtheseams campaign reaches 21 million+ unique individuals

The Global Organic Textile Standard (GOTS), managed by non-profit Global Standard, recognises 2023 as a year of significant milestones. From expansion of GOTS-certified facilities to the release of a new standard version, GOTS remained a beacon for businesses navigating changing legislation, social and environmental demands.

Coming out of one of the strongest years for GOTS, 2023 culminated with 25 GOTS-approved certification bodies reporting a noteworthy 14,676 certified facilities (an 8% growth from 2022) in 89 countries.

  • GOTS Version 7.0 released
  • GOTS certified entities grow by 8% and expand to 89 countries
  • GOTS releases Due Diligence Handbook for certified entities
  • Farm-Gin Registry implemented in India, creating a direct link and better evaluation of incoming data
  • GOTS collaborates with European Space Agency and Marple for AI organic cotton project
  • #Behindtheseams campaign reaches 21 million+ unique individuals

The Global Organic Textile Standard (GOTS), managed by non-profit Global Standard, recognises 2023 as a year of significant milestones. From expansion of GOTS-certified facilities to the release of a new standard version, GOTS remained a beacon for businesses navigating changing legislation, social and environmental demands.

Coming out of one of the strongest years for GOTS, 2023 culminated with 25 GOTS-approved certification bodies reporting a noteworthy 14,676 certified facilities (an 8% growth from 2022) in 89 countries.

Ushering in GOTS Version 7.0
As of 1 March, facilities that become GOTS-certified will operate under the new GOTS Version 7.0, released in March 2023 with a one-year transition period. GOTS Version 7.0 and its accompanying Implementation Manual provides a comprehensive solution for companies who want to produce organic textiles and be supported to ensure compliance with environmental and human rights due diligence along the entire value chain, from field to finished product.

GOTS Version 7.0 also introduced a six-step due diligence process and handbook that equips GOTS-certified operations to proactively identify, assess and mitigate adverse impacts throughout their value chains.

Looking to the future
GOTS initiated in 2023 two major projects in India, the globe’s largest producer of organic cotton. The Farm-Gin Registry was introduced for the 2022-2023 harvest season, which acts as a link between farm and gin and is a tool to strengthen integrity by collecting organic raw seed cotton data producing farm or farm group.

GOTS, the European Space Agency (ESA) and software company Marple launched a new project that aims to show the potential for remote satellite monitoring of organic cotton cultivation systems. The project trained artificial intelligence (AI) to use ESA satellite data to detect cotton fields across India and automatically classify them according to their cultivation standard. By integrating standardised yield metrics, this innovative approach will enable GOTS to generate realistic estimates of organic cotton yields in specific areas. In addition, the project is expected to empower GOTS to recognise cotton fields that have not yet obtained organic certification but possess the potential for a transition to organic cultivation. The first results of the project will be announced in June.

Educating the consumer
GOTS, in its ongoing commitment to stakeholder education, orchestrated in November an immersive 360-degree awareness and educational campaign. Successfully engaging both consumers and industry professionals, the initiative shined a spotlight on GOTS-certified companies and their products, which empowered consumers to make more conscientious choices while shopping. With an impressive turnout of over 250 certified entities, the campaign made a significant global impact, reaching more than 21 million unique individuals worldwide.

Source:

Global Standard gGmbH

06.05.2024

Lenzing: Outstanding results for social sustainability

The Lenzing Group has achieved outstanding results in the Higg Facility Social & Labor Module (FSLM) certification for five of its production sites. This involved measuring the social impact of production in areas such as wages, working hours, health and safety and treatment of employees.

One of Lenzing's key sustainability goals is to obtain a valid, independently audited and accredited social standard certificate for each of the Lenzing Group's production sites by 2024. This goal is pursued through the Higg Facility Social & Labor Module (Higg FSLM), which assesses social and labor-related conditions. In 2023, more than 7,200 companies worldwide underwent this audit, with Lenzing's result placing it in the top 25 percent of all verified Higg FSLM facilities.

The Lenzing Group has achieved outstanding results in the Higg Facility Social & Labor Module (FSLM) certification for five of its production sites. This involved measuring the social impact of production in areas such as wages, working hours, health and safety and treatment of employees.

One of Lenzing's key sustainability goals is to obtain a valid, independently audited and accredited social standard certificate for each of the Lenzing Group's production sites by 2024. This goal is pursued through the Higg Facility Social & Labor Module (Higg FSLM), which assesses social and labor-related conditions. In 2023, more than 7,200 companies worldwide underwent this audit, with Lenzing's result placing it in the top 25 percent of all verified Higg FSLM facilities.

A recent study by the Society for Applied Economic Research in Innsbruck (Austria)1 emphasises Lenzing's responsibility as an important employer. The Lenzing Group creates a total of 25,292 jobs in the five countries in which it operates production facilities. This figure includes not only employees, but also indirect jobs - because every direct job created creates more than two additional indirect jobs in other sectors of the economy.

1 GAW Wirtschaftsforschung: Economic and Regional Importance of the Lenzing Group in 2023; March 2024

Source:

Lenzing Group

adidas: Tennis Collection for Paris 2024 (c) adidas AG
Felix Auger Aliassime
06.05.2024

adidas: Tennis Collection for Paris 2024

adidas introduces its 15-piece SS24 Paris Collection ahead of the 2024 clay season. Built to help players adapt to clay court conditions, the collection includes a core 8-piece range of apparel and footwear to help raise awareness of adidas’ annual Move For The Planet activation.

Designed to be played in seasonably warm Parisian temperatures, the collection features HEAT.RDY technology – breathable and lightweight fabrics that maximize airflow, to help keep players feel comfortable on court. Meanwhile increased mobility is unlocked thanks to adidas’ FreeLift Construction – a paneled fabric structure under the armpits – that enables greater freedom of arm movement during play while preventing the hems from riding up.

The pieces have been intentionally paired back, using zero prints to allow other bolder design features to make maximum impact, through striking color blocking, engineered paneling and textured fabrics. White and black panels on the garments emulate classic tennis court lines, highlighted by black bonding seams, meanwhile a stimulating Orange ‘Spark’ is used throughout to foster a sense of joyful energy for players during high-pressure games.

adidas introduces its 15-piece SS24 Paris Collection ahead of the 2024 clay season. Built to help players adapt to clay court conditions, the collection includes a core 8-piece range of apparel and footwear to help raise awareness of adidas’ annual Move For The Planet activation.

Designed to be played in seasonably warm Parisian temperatures, the collection features HEAT.RDY technology – breathable and lightweight fabrics that maximize airflow, to help keep players feel comfortable on court. Meanwhile increased mobility is unlocked thanks to adidas’ FreeLift Construction – a paneled fabric structure under the armpits – that enables greater freedom of arm movement during play while preventing the hems from riding up.

The pieces have been intentionally paired back, using zero prints to allow other bolder design features to make maximum impact, through striking color blocking, engineered paneling and textured fabrics. White and black panels on the garments emulate classic tennis court lines, highlighted by black bonding seams, meanwhile a stimulating Orange ‘Spark’ is used throughout to foster a sense of joyful energy for players during high-pressure games.

The collection will be worn by athletes including Caroline Wozniacki , Elina Svitolina, Xinyu Wang, Dana Mathewson, Jessica Pegula, Maria Sakkari, Stefanos Tsitsipas , Felix Auger Aliassime, Jason Wu and Martin de la Puente.

More information:
adidas adidas AG Sportswear
Source:

adidas AG

(c) Cascale
06.05.2024

Cascale announces new CEO

Cascale, a non-profit alliance for driving impact in consumer goods (formerly the Sustainable Apparel Coalition), announces Colin Browne as its new Chief Executive Officer, effective May 1, 2024.

Browne previously served as Interim CEO and Chief Operating Officer of Under Armour, a Cascale member. During his tenure at Under Armour, Browne oversaw sustainability efforts and, in addition, led significant transformations across supply chain, go-to-market and technology. In 2023, the company shared achievements related to its environmental footprint, product circularity, and renewable energy goals – some accomplished with Cascale’s Higg Index suite of tools.

Cascale, a non-profit alliance for driving impact in consumer goods (formerly the Sustainable Apparel Coalition), announces Colin Browne as its new Chief Executive Officer, effective May 1, 2024.

Browne previously served as Interim CEO and Chief Operating Officer of Under Armour, a Cascale member. During his tenure at Under Armour, Browne oversaw sustainability efforts and, in addition, led significant transformations across supply chain, go-to-market and technology. In 2023, the company shared achievements related to its environmental footprint, product circularity, and renewable energy goals – some accomplished with Cascale’s Higg Index suite of tools.

Prior to joining Under Armour, Browne was managing director of Asia Sourcing for VF Corporation, a Cascale member that includes The North Face, Timberland, Vans, and Smartwool brands. In addition to his experience leading brands, Browne also spent four years running manufacturing plants in Thailand and began his career at Bally Shoe factories in the UK. He has lived and worked in the UK, South Korea, mainland China, the Philippines, Thailand, Hong Kong SAR, and the USA; his international experience and localized approach underscore his commitment to Diversity, Equity, and Inclusion (DEI) both in and outside of the workplace. Browne also served as the Chairman of the American Apparel and Footwear Association and was on the board of the World Federation of Sporting Goods Industries. As a member of the Worldly Board, the leader in environmental and social impact data for the apparel and footwear industry and the exclusive platform for Cascale’s Higg Index tools, Browne will ensure a unified approach to advancing sustainability initiatives across both organizations.

During his first 100 days with Cascale, Browne will connect with the organization’s 300+ members across the value chain, emphasizing manufacturer engagement and relationship building. He will also engage Cascale’s broader ecosystem of stakeholders including NGOs, governments, and academia. Browne is personally committed to Cascale’s vision to lead the consumer goods industry to combat climate change, foster decent work for all, and build a nature-positive future.

Source:

Cascale

UNIQLO: Clothing Partner for Singapore Paralympics team (c) FAST RETAILING CO., LTD. / UNIQLO CO., LTD.
06.05.2024

UNIQLO: Clothing Partner for Singapore Paralympics team

Global apparel retailer UNIQLO announces that it has signed a partnership agreement with the Singapore National Paralympic Council (SNPC) where UNIQLO becomes the Official Clothing Partner for the Singapore Paralympics team. Under the partnership, UNIQLO will provide LifeWear apparel to Singapore's delegations and officials at the coming major summer sports tournament in France. This comprises apparel to be worn for the opening and closing ceremonies, athlete village, and travel during the Games.

This is the first time that UNIQLO is providing apparel for a national team in Southeast Asia. The Singapore team clothing for the 2024 Summer games will largely comprise LifeWear items available at UNIQLO stores.

UNIQLO worked closely with SNPC to thoughtfully curate a selection of LifeWear apparel that emphasises function and comfort, while featuring modern looks that represent Singapore and blend seamlessly with the cityscape of Paris.

Global apparel retailer UNIQLO announces that it has signed a partnership agreement with the Singapore National Paralympic Council (SNPC) where UNIQLO becomes the Official Clothing Partner for the Singapore Paralympics team. Under the partnership, UNIQLO will provide LifeWear apparel to Singapore's delegations and officials at the coming major summer sports tournament in France. This comprises apparel to be worn for the opening and closing ceremonies, athlete village, and travel during the Games.

This is the first time that UNIQLO is providing apparel for a national team in Southeast Asia. The Singapore team clothing for the 2024 Summer games will largely comprise LifeWear items available at UNIQLO stores.

UNIQLO worked closely with SNPC to thoughtfully curate a selection of LifeWear apparel that emphasises function and comfort, while featuring modern looks that represent Singapore and blend seamlessly with the cityscape of Paris.

A red accent is applied to the accessories and lining as a tribute to the Singapore national colours. Touches of Singapore icons such as the orchid and the Singapore Lion Head symbol are reflected in the women's scarf and men's tie alongside a colour application of red, white and blue to represent Singapore and France.

UNIQLO'S commitment to diversity and inclusion
As part of the partnership, UNIQLO will also undertake community contribution activities with the council and athletes.

UNIQLO will be taking part in the inaugural Singapore Paralympic Fiesta to support Singapore's Para Athletes. Held at Our Tampines Hub from 4 - 7 May 2024, a UNIQLO Singapore team of over 100 staff and family will be participating in the Walkathon.

In line with UNIQLO's Next Generation Development Program, an initiative to inspire children and youth to discover a love of sport, UNIQLO will also join SNPC on their schools outreach efforts to raise awareness on Diversity and Inclusion and disability inclusion with programmes such as UNIQLO Access.

More information:
UNIQLO Sportswear Singapore
Source:

FAST RETAILING CO., LTD. / UNIQLO CO., LTD.

Walter Reiners Foundation awards Six Young Engineers (c) VDMA
Anna Markic, Mark Zenzinger, Lena Fink, Peter D. Dornier, Fabio Bußmann, Katharina Maria Ernst, Lennart Hellwig, Dr. Harald Weber
03.05.2024

Walter Reiners Foundation awards Six Young Engineers

At the Techtextil trade fair in Frankfurt, the Chairman of the Walter Reiners Foundation of the VDMA, Peter D. Dornier, presented awards to six successful young engineers. Promotion and sustainability prizes were awarded in the categories bachelor/project theses and diploma/master theses. Academic theses in which, for example, solutions for resource-saving products and technologies are developed are eligible for the sustainability prizes.

The Walter Reiners Foundation awarded Anna Markic a sustainability prize worth 3,000 euros in the Bachelor's category. The topic of her thesis, written at Reutlingen University, was the recycling of carbon fibres.

Mark Zenzinger, Albstadt-Sigmaringen University, received a 3,000 euro promotion award in the Bachelor's category. His topic was the automation of the process chain for the production of welded textile hard goods.
 
Lena Fink from the TU Dresden received another promotion award worth 3,000 euros. Her construction engineering project work focused on a device to simplify the maintenance of braiding machines.

At the Techtextil trade fair in Frankfurt, the Chairman of the Walter Reiners Foundation of the VDMA, Peter D. Dornier, presented awards to six successful young engineers. Promotion and sustainability prizes were awarded in the categories bachelor/project theses and diploma/master theses. Academic theses in which, for example, solutions for resource-saving products and technologies are developed are eligible for the sustainability prizes.

The Walter Reiners Foundation awarded Anna Markic a sustainability prize worth 3,000 euros in the Bachelor's category. The topic of her thesis, written at Reutlingen University, was the recycling of carbon fibres.

Mark Zenzinger, Albstadt-Sigmaringen University, received a 3,000 euro promotion award in the Bachelor's category. His topic was the automation of the process chain for the production of welded textile hard goods.
 
Lena Fink from the TU Dresden received another promotion award worth 3,000 euros. Her construction engineering project work focused on a device to simplify the maintenance of braiding machines.

Fabio Bussmann from RWTH Aachen was awarded a promotion prize in the Master's category, worth 3,500 euros. In his thesis, he analysed the life cycle assessments of alternative semi-finished products for geotextiles.

Katharina Maria Ernst, TU Dresden, was honoured with a sustainability prize of 3,500 euros in the Master's category. Her work focused on the development of a suitable process for the treatment of chitosan fibres as an alternative starting product in the production of carbon fibres.

Lennart Hellwig, RWTH Aachen University, was awarded a 3,500 euro prize in the Master's category. He focused on the topic of machine learning using the example of a nonwovens plant.

Source:

VDMA e. V

03.05.2024

CARBIOS and Hündgen: Supply agreement for PET biorecycling plant

CARBIOS and Hündgen Entsorgungs GmbH & Co. KG (Hündgen), a waste management expert in logistics, sorting services and the recycling of recyclable materials from waste mixtures, announce the signing of a non-binding Memorandum of Understanding relating to the sourcing, preparation and recycling of 15kt/year of post-consumer PET waste using CARBIOS’ biorecycling technology at its first commercial plant in Longlaville, from end 2026.

The partnership will leverage Hündgen’s expertise and network in the sourcing and preparation of light packaging waste collected from German households. This PET waste will be prepared into flakes ready for biorecycling using CARBIOS’ enzymatic depolymerization technology, which produces food-grade PTA and MEG, further re-polymerized into PET.

CARBIOS and Hündgen Entsorgungs GmbH & Co. KG (Hündgen), a waste management expert in logistics, sorting services and the recycling of recyclable materials from waste mixtures, announce the signing of a non-binding Memorandum of Understanding relating to the sourcing, preparation and recycling of 15kt/year of post-consumer PET waste using CARBIOS’ biorecycling technology at its first commercial plant in Longlaville, from end 2026.

The partnership will leverage Hündgen’s expertise and network in the sourcing and preparation of light packaging waste collected from German households. This PET waste will be prepared into flakes ready for biorecycling using CARBIOS’ enzymatic depolymerization technology, which produces food-grade PTA and MEG, further re-polymerized into PET.

The supply partnership with Hündgen contributes to securing the majority of CARBIOS’ feedstock needs for its first commercial plant in Longlaville, France. This plant will have a 50kt/year capacity when it will be fully operational and is currently under construction. This latest sourcing announcement comes in addition to previously announced agreements, such as with Landbell Group for food trays from Germany, and the winning CITEO tender for trays in France. The location of the Longlaville plant is strategically close to nearby waste supplies in Belgium, Germany and Luxembourg.

Through its enzymatic depolymerization process, CARBIOS can process all types of PET waste, including waste that cannot be recycled with current technologies. Multilayered, colored, and opaque packaging waste as well as polyester textile waste now have circular recycling solutions.

Source:

Carbios

03.05.2024

Archroma at Bangladesh Denim Expo 2024

Archroma is bringing a comprehensive suite of denim solutions to the Bangladesh Denim Expo 2024 at the International Convention Center (ICCB) in Dhaka on May 6 to 7, 2024.

The demand for denim wear is on the rise, accompanied by consumers' heightened expectations for sustainability. Brands looking to meet this demand must not only deliver functional and stylish denim but also minimize environmental impact.

Archroma is presenting a range of planet conscious solutions at the expo, including DENISOL® PURE INDIGO 30, DIRESUL® EVOLUTION BLACK, EARTHCOLORS®, as well as their latest SUPER SYSTEMS+ for Denim and the recently launched DENIM HALO concepts.

Archroma is bringing a comprehensive suite of denim solutions to the Bangladesh Denim Expo 2024 at the International Convention Center (ICCB) in Dhaka on May 6 to 7, 2024.

The demand for denim wear is on the rise, accompanied by consumers' heightened expectations for sustainability. Brands looking to meet this demand must not only deliver functional and stylish denim but also minimize environmental impact.

Archroma is presenting a range of planet conscious solutions at the expo, including DENISOL® PURE INDIGO 30, DIRESUL® EVOLUTION BLACK, EARTHCOLORS®, as well as their latest SUPER SYSTEMS+ for Denim and the recently launched DENIM HALO concepts.

Source:

Archroma

03.05.2024

Stahl joins GO!PHA alliance

Stahl has joined the Global Organization for PHA (GO!PHA), a non-profit platform that advocates and advances the use of polyhydroxyalkanoates (PHAs), a naturally occurring polymer that offers a lower-impact, bio-based alternative to traditional fossil-based plastic feedstocks.  

GO!PHA is a coalition of over 60 stakeholders ranging from producers and formulators to users as well as universities and research institutes. The members, all early adopters of PHAs, work together to increase understanding of this relatively new PHA technology and advance the science behind these renewable, compostable and biodegradable materials. As a member of the network, Stahl will have the opportunity to join forces with the wider PHA value chain to help move PHAs beyond the testing phase and accelerate the potential application of the technology in the coatings market. 

Stahl has joined the Global Organization for PHA (GO!PHA), a non-profit platform that advocates and advances the use of polyhydroxyalkanoates (PHAs), a naturally occurring polymer that offers a lower-impact, bio-based alternative to traditional fossil-based plastic feedstocks.  

GO!PHA is a coalition of over 60 stakeholders ranging from producers and formulators to users as well as universities and research institutes. The members, all early adopters of PHAs, work together to increase understanding of this relatively new PHA technology and advance the science behind these renewable, compostable and biodegradable materials. As a member of the network, Stahl will have the opportunity to join forces with the wider PHA value chain to help move PHAs beyond the testing phase and accelerate the potential application of the technology in the coatings market. 

More information:
Stahl PHA polymers GO!PHA
Source:

Stahl

03.05.2024

adidas: Results for first quarter of 2024

Major developments:

Major developments:

  • Currency-neutral sales up 8% driven by growth in all regions except North America
  • Double-digit DTC growth reflects strong adidas sell-through
  • Gross margin improves 6.4pp to 51.2%, reflecting healthier inventory levels, reduced discounting, lower sourcing costs and a more favorable business mix
  • Operating profit of € 336 million compared to € 60 million in the prior-year period
  • Inventories down more than € 1.2 billion versus the prior year to € 4.4 billion
  • Top- and bottom-line guidance upgraded on April 16 due to successful start to the year

Full-year outlook
adidas expects revenues to increase at a mid- to high-single-digit rate in 2024

On April 16, adidas upgraded its full-year financial guidance as a result of the better-than-expected performance in the first quarter. adidas now expects currency-neutral revenues to increase at a mid- to high-single-digit rate in 2024 (previously: increase at a mid-single-digit rate). Within this guidance, it is assumed that the remaining Yeezy inventory will be sold on average at cost, resulting in sales of around € 200 million throughout the remainder of the year. This corresponds to a projected total amount of Yeezy-related sales of around € 350 million in FY 2024 (previously: around € 250 million), of which around € 150 million were generated in the first quarter. For its underlying business, adidas remains focused on scaling its successful franchises, introducing new ones, and leveraging its significantly better, broader, and deeper product range. Improved retailer relationships, more impactful marketing initiatives, and the company’s activities around major sports events are also expected to contribute to sales increases throughout 2024.

Outlook impacted by significant currency headwinds
Unfavorable currency effects are projected to weigh significantly on the company’s profitability in 2024. They are expected to continue to adversely impact both reported revenues and the gross margin development in the remainder of the year.

Operating profit of around € 700 million projected
Following the better-than-expected performance in the first quarter, the company also increased its full-year profit guidance on April 16. The company’s operating profit is now expected to reach a level of around € 700 million (previously: to reach a level of around € 500 million). The improved bottom-line guidance includes a contribution of around € 50 million from Yeezy (previously: no Yeezy contribution) related to the drop in Q1. The sale of the remaining Yeezy inventory is assumed to result in no further profit contribution during the remainder of the year.

 

 

Source:

adidas AG

03.05.2024

Polartec announces the Milliken & Company 2023 Sustainability Report

Polartec, a Milliken & Company brand, underscores its dedication to building a more sustainable future as it pursues the 2025 People, Product and Planet Goals, including certified science-based net-zero targets.

The Milliken & Company 2023 Sustainability Report discloses performance against the diversified global manufacturer’s 2025 Sustainability Goals and Net-Zero Targets and details the company’s key impacts across its people, product, planet, and net-zero measures. It also includes updates on each of the key impact areas Milliken and Polartec adhere to, including:

Polartec, a Milliken & Company brand, underscores its dedication to building a more sustainable future as it pursues the 2025 People, Product and Planet Goals, including certified science-based net-zero targets.

The Milliken & Company 2023 Sustainability Report discloses performance against the diversified global manufacturer’s 2025 Sustainability Goals and Net-Zero Targets and details the company’s key impacts across its people, product, planet, and net-zero measures. It also includes updates on each of the key impact areas Milliken and Polartec adhere to, including:

  • People: The company focused on protecting associates by reducing lost-time incidents, strengthened its commitment to an inclusive supply chain by hosting its inaugural Supplier Diversity Event, and surpassed its goal of serving 100,000 community volunteer hours one year ahead of schedule.
  • Product: Milliken used sustainability assessments to analyze all new products and made measurable gains in its multi-year commitment to address end-of-life challenges for plastics.
  • Planet: Investments in cogeneration, energy efficiency, and renewable energy procurement are keeping the company ahead of schedule relative to its 2025 Greenhouse Gas (GHG) and Renewable Energy Goal; however, paths to achieve its 2025 Landfill and Water Reduction Goals have proven more challenging.
  • Net-Zero: Five years of progress on GHG and renewable goals have helped Milliken progress toward its 2030 scope 1 and 2 net-zero targets, and the company has improved its scope 3 accounting to allow for a more detailed and accurate perspective on value chain emissions.
Source:

Milliken & Company

Jérôme Viala Photo Lectra
Jérôme Viala
02.05.2024

Jérôme Viala joins Lectra’s Board of Directors

Lectra’s Annual Shareholders’ Meeting held on April 26 appointed a new Director, Jérôme Viala, for a four-year term. He becomes member of the Audit Committee, the Strategic Committee and the Compensation Committee.

For the 2023-2025 period, Lectra aims to harness its transformation to accelerate its growth, significantly increase the share of SaaS solutions in its sales, and seize opportunities for external expansion. Supported by the commitment of its employees and recognized by its customers, the Group is at the forefront of a more sustainable future.

Jérôme Viala has held various positions within the Lectra Group since 1985. In recent years, and until his retirement on March 31, 2024, he served as Executive Vice President, Vice Chairman of the Executive Committee and Secretary to the Board of Directors of Lectra.

Lectra’s Annual Shareholders’ Meeting held on April 26 appointed a new Director, Jérôme Viala, for a four-year term. He becomes member of the Audit Committee, the Strategic Committee and the Compensation Committee.

For the 2023-2025 period, Lectra aims to harness its transformation to accelerate its growth, significantly increase the share of SaaS solutions in its sales, and seize opportunities for external expansion. Supported by the commitment of its employees and recognized by its customers, the Group is at the forefront of a more sustainable future.

Jérôme Viala has held various positions within the Lectra Group since 1985. In recent years, and until his retirement on March 31, 2024, he served as Executive Vice President, Vice Chairman of the Executive Committee and Secretary to the Board of Directors of Lectra.

Jérôme Viala began his career as a credit analyst at Esso (France) before joining Lectra's financial department in 1985. He held the positions of Financial Controller for Europe and North America (1988-1991) and Finance Director of Lectra France (1992-1993), then of the products division (1993-1994). He was then appointed Chief Financial Officer of the Group in 1994, a position he held until 2016, when he was appointed Executive Vice President.

Source:

Lectra

Texworld Apparel Sourcing Paris taking place in July (c) Messe Frankfurt France
29.04.2024

Texworld Apparel Sourcing Paris taking place in July

Texworld Apparel Sourcing Paris opens its doors from 1 to 3 July at Paris Expo Porte de Versailles. More than a thousand exhibitors from the world's major sourcing countries will be offering inspirational sources for building collections for 2025-2026. This season's show will focus on suppliers of innovative products and solutions for high-performance and sustainable fashion.

Yarn in the spotlight
Taking us further upstream in the industry and for the first time at the Parisian trade shows, a pavilion featuring yarn producers will be found at the exhibition. Co-organised with Yarn Expo, a Shanghai show in the Messe Frankfurt galaxy, this dedicated pavilion will feature companies from China, India, Pakistan and Taiwan.

Texworld Apparel Sourcing Paris opens its doors from 1 to 3 July at Paris Expo Porte de Versailles. More than a thousand exhibitors from the world's major sourcing countries will be offering inspirational sources for building collections for 2025-2026. This season's show will focus on suppliers of innovative products and solutions for high-performance and sustainable fashion.

Yarn in the spotlight
Taking us further upstream in the industry and for the first time at the Parisian trade shows, a pavilion featuring yarn producers will be found at the exhibition. Co-organised with Yarn Expo, a Shanghai show in the Messe Frankfurt galaxy, this dedicated pavilion will feature companies from China, India, Pakistan and Taiwan.

A Leather trends area at Leatherworld, partnerships at Avantex
As in previous summers, this season’s show will bring together all the different aspects of Texworld Apparel Sourcing Paris. Leatherworld, the platform dedicated to leather sourcing, is announcing the return of a South African pavilion. This area will also host a Leather Trends area created and run by Italian publisher Edizioni AF, a specialist in the leather industry. Particular attention will be paid to the design processes and choice of materials used by Italian accessories and footwear manufacturers.

A number of new features are also expected in the Avantex innovations area: Partnerships with the IFA Paris fashion design school, the TCBL association and the TUV Rheinland certification body, which will showcase  solutions in sustainable fashion and textiles, and provide an opportunity to discuss these issues at expert round tables.

Furthermore, the fair will be showcasing Texpertise Econogy, the sustainable economy approach developed by the international Messe Frankfurt group to guide visitors in their sourcing choices. Following its launch in February, the upcoming event will continue to promote sustainability with a number of features and provide a platform for green pioneers.

Source:

Messe Frankfurt France

29.04.2024

SATCoL and Project Plan B: New polyester recycling plant in UK

A joint venture between Salvation Army Trading Company (SATCoL) and Project Plan B, known as Project Re:claim, has begun operations in Kettering, Northamptonshire - the first commercial-scale, post-consumer polyester recycling plant of its kind that provides a solution to the issue of polyester textile waste.

The plant will recycle post-consumer garments and other textiles, and supply the raw material back into the fashion and textiles industries.

The machine was installed in January 2024 and is now fully operational, with polyester pellets being produced from polyester waste. The plant is on track to recycle 2,500 tonnes of unwanted polyester this year, with a further 5,000 tonnes in year 2, and creates polyester pellets which can be spun into yarn for use in textiles along with other industrial applications. The pellets are expected to be integrated into the manufacturing processes of new products later this year.

A joint venture between Salvation Army Trading Company (SATCoL) and Project Plan B, known as Project Re:claim, has begun operations in Kettering, Northamptonshire - the first commercial-scale, post-consumer polyester recycling plant of its kind that provides a solution to the issue of polyester textile waste.

The plant will recycle post-consumer garments and other textiles, and supply the raw material back into the fashion and textiles industries.

The machine was installed in January 2024 and is now fully operational, with polyester pellets being produced from polyester waste. The plant is on track to recycle 2,500 tonnes of unwanted polyester this year, with a further 5,000 tonnes in year 2, and creates polyester pellets which can be spun into yarn for use in textiles along with other industrial applications. The pellets are expected to be integrated into the manufacturing processes of new products later this year.

Source:

Salvation Army Trading Company Ltd

29.04.2024

NCTO elects new Chairman and Vice Chairman

The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber through finished sewn products, held its officer elections for fiscal year 2024 at its annual meeting April 9-11.
NCTO has elected Charles Heilig, President of Parkdale Mills, as Chairman; and Chuck Hall, President and CEO of Barnet, as Vice Chairman.

In addition to the appointment of a new chairman and vice chairman, NCTO elected chairs for each of its five councils. NCTO is comprised of five councils to ensure a broad representation of the industry supply chain. Each council has an allotted number of members who are elected to the association’s Board of Directors, in addition to the Executive Committee.

Elected as NCTO Chairman and Vice Chairman for 2024:

The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber through finished sewn products, held its officer elections for fiscal year 2024 at its annual meeting April 9-11.
NCTO has elected Charles Heilig, President of Parkdale Mills, as Chairman; and Chuck Hall, President and CEO of Barnet, as Vice Chairman.

In addition to the appointment of a new chairman and vice chairman, NCTO elected chairs for each of its five councils. NCTO is comprised of five councils to ensure a broad representation of the industry supply chain. Each council has an allotted number of members who are elected to the association’s Board of Directors, in addition to the Executive Committee.

Elected as NCTO Chairman and Vice Chairman for 2024:

  • Chairman – Charles Heilig, President of Parkdale Mills based in Gastonia, North Carolina, a leading American manufacturer of yarn and cotton consumer products.
  • Vice Chairman – Chuck Hall, President and CEO of Barnet based in Spartanburg, South Carolina, a 125-year-old manufacturer of technical textiles.

Elected to the NCTO Board of Directors:

  • Fiber Council – David Adkins of Lenzing; John Freeman of Nan Ya Plastics; and Melissa Stewart of The LYCRA Company
  • Yarn Council – Justin Ferdinand of Kentwool; Peter Iliopoulos of Gildan; Eddie Ingle of Unifi; Eric Noe of Buhler Quality Yarns; Marvin Smith of Shuford Yarns; and Jay Todd of Service Thread
  • Fabric and Home Products Council – David Smith of Milliken & Company; James McKinnon of Cotswold Industries; Blake Millinor of Valdese Weavers; Leib Oehmig of Glen Raven; Dan Russian of Sage Automotive Interiors; and Walter Spiegel of Standard Textile
  • Finished Textiles and Apparel Products Council – Marisa Fumei-South of Two-One-Two New York (Alternate: Gabrielle Ferrara of Ferrara Manufacturing)
  • Industry Support Council – Todd Bassett of Fi-Tech; Greg Duncan of American Truetzschler; and Jim Reed of YKK Corp.

Elected by their respective Councils to serve on the Executive Committee:
David Adkins, Lenzing; Eddie Ingle, Unifi; Marvin Smith, Shuford Yarns; David Smith, Milliken & Company; James McKinnon, Cotswold Industries; Marisa Fumei-South, Two-One-Two New York; Gabrielle Ferrara, Ferrara Manufacturing; and Todd Bassett, Fi-Tech.

NCTO Chairman Charles Heilig has elected additional executives to serve on the Executive Committee: Anderson Warlick of Parkdale Mills; Norman Chapman of Inman Mills; John Maness of Gildan; Amy Bircher Bruyn of MMI Textiles; and Jackie Ferrari of American Fashion Network.

Elected to chair the Councils:

  • Fiber Council: David Adkins of Lenzing
  • Yarn Council: Justin Ferdinand of Kentwool
  • Fabric and Home Products Council: David Smith of Milliken & Company
  • Finished Textiles and Apparel Products Council: Marisa Fumei-South of Two-One-Two New York.
  • Industry Support Council: Todd Bassett of Fi-Tech
Source:

National Council of Textile Organizations

26.04.2024

AkzoNobel: Results of Q1 2024

Highlights Q1 2024 (compared with Q1 2023)

  • Organic sales up 2%, driven by volume growth in both Paints and Coatings; revenue down 1%
  • Operating income improved to €261 million (2023: €182 million)
  • Adjusted EBITDA €363 million (2023: €305 million), adjusted EBITDA margin 13.8% (2023: 11.5%)
  • Net cash from operating activities negative €170 million (2023: negative €50 million)

2024 Outlook
Based on current market conditions and constant currencies, AkzoNobel targets to deliver between €1.5 and €1.65 billion adjusted EBITDA in 2024, while reducing its leverage to around 2.3 times net debt/EBITDA by the end of the year.

Highlights Q1 2024 (compared with Q1 2023)

  • Organic sales up 2%, driven by volume growth in both Paints and Coatings; revenue down 1%
  • Operating income improved to €261 million (2023: €182 million)
  • Adjusted EBITDA €363 million (2023: €305 million), adjusted EBITDA margin 13.8% (2023: 11.5%)
  • Net cash from operating activities negative €170 million (2023: negative €50 million)

2024 Outlook
Based on current market conditions and constant currencies, AkzoNobel targets to deliver between €1.5 and €1.65 billion adjusted EBITDA in 2024, while reducing its leverage to around 2.3 times net debt/EBITDA by the end of the year.

More information:
AkzoNobel financial year 2024
Source:

AkzoNobel

26.04.2024

SHIMA SEIKI at IGATEX Pakistan 2024

Computerized flat knitting technologist SHIMA SEIKI MFG., LTD. of Wakayama, Japan will exhibit at the upcoming International Exhibition for Garment, Textile Machinery and Accessories (IGATEX Pakistan 2024) exhibition in Lahore, Pakistan.

On display will be SHIMA SEIKI’s N.SSR®072 14G computerized flat knitting machine and SDS®-ONE APEX4 3D design system.

Shown for the first time in Pakistan, SHIMA SEIKI’s new N.SSR®072 computerized jacquard collar machine can produce shaped collars efficiently based on computer-generated designs. N.SSR®072 is based on the workhorse N.SSR®112 garment shaping machine, and offers similar leading technology in an economical yet reliable package.

Computerized flat knitting technologist SHIMA SEIKI MFG., LTD. of Wakayama, Japan will exhibit at the upcoming International Exhibition for Garment, Textile Machinery and Accessories (IGATEX Pakistan 2024) exhibition in Lahore, Pakistan.

On display will be SHIMA SEIKI’s N.SSR®072 14G computerized flat knitting machine and SDS®-ONE APEX4 3D design system.

Shown for the first time in Pakistan, SHIMA SEIKI’s new N.SSR®072 computerized jacquard collar machine can produce shaped collars efficiently based on computer-generated designs. N.SSR®072 is based on the workhorse N.SSR®112 garment shaping machine, and offers similar leading technology in an economical yet reliable package.

Design is demonstrated on SHIMA SEIKI's SDS®-ONE APEX4 design system. At the core of the company’s "Total Fashion System" concept, it provides support throughout the supply chain, integrating production into one smooth and efficient workflow from yarn development, product planning and design, to machine programming, production and even sales promotion. Especially effective is the way SDS®-ONE APEX4 improves on the product planning and design evaluation process by replacing physical samples with digital prototypes. Based on photo-realistic simulations, these virtual samples minimize the need for actual sample-making, realizing significant savings in time, cost and material.

Source:

SHIMA SEIKI MFG., LTD.

26.04.2024

Lenzing honours early stage researchers with the Young Scientist Award

For the third time, Lenzing is presenting the Young Scientist Award at the Dornbin Global Fiber Congress (GFC) from 11 to 13 September 2024 for bachelor and master students who are working on innovative solutions to ecological challenges in the fiber and textile industry. The application deadline is 30 June 2024 and the winning project will receive prize money of EUR 5,000.

Bachelor's and master's degree students can submit their scientific work in the categories “Fashion and Circular Economy”, “Alternative Raw Materials” and “Textile Recycling" as well as in the field of “New Fiber Technologies” and face a jury of renowned experts from the industry. The aim is to promote students who inspire the industry with their research results and to create a platform for networking with the textile and fiber industry.

For the third time, Lenzing is presenting the Young Scientist Award at the Dornbin Global Fiber Congress (GFC) from 11 to 13 September 2024 for bachelor and master students who are working on innovative solutions to ecological challenges in the fiber and textile industry. The application deadline is 30 June 2024 and the winning project will receive prize money of EUR 5,000.

Bachelor's and master's degree students can submit their scientific work in the categories “Fashion and Circular Economy”, “Alternative Raw Materials” and “Textile Recycling" as well as in the field of “New Fiber Technologies” and face a jury of renowned experts from the industry. The aim is to promote students who inspire the industry with their research results and to create a platform for networking with the textile and fiber industry.

More information:
Award Dornbirn GFC
Source:

Lenzing AG