From the Sector

Reset
424 results
Robusto Softener (c) Kornit Presto
Robusto Softener
20.03.2020

Introducing NeoPigment™ Robusto Softener Solution for Kornit Presto​

Join this webinar session with Kornit CEO Ronen Samuel and CMO Omer Kulka that will take place on Monday, 23rd March 2020 at 2:00 PM CET. To learn more about what the Softener is, how it works, and why it presents a great many opportunities for making the fashion industry more eco-friendly, more reactive to emerging demands, and more conducive to efficient and versatile business models.

We'll be presenting you with:

Join this webinar session with Kornit CEO Ronen Samuel and CMO Omer Kulka that will take place on Monday, 23rd March 2020 at 2:00 PM CET. To learn more about what the Softener is, how it works, and why it presents a great many opportunities for making the fashion industry more eco-friendly, more reactive to emerging demands, and more conducive to efficient and versatile business models.

We'll be presenting you with:

  • our new NeoPigment™ Robusto Softener solution for Presto, the company’s system for digital, pigment-based roll-to-roll direct-to-fabric decoration. Kornit’s pigment-based print process can help companies achieve their sustainability goals. Traditional rotary reactive ink six-color printers use 60-80 liters of water per linear meter, and digital reactive ink for fashion designs use 14-40 liters; Kornit’s award-winning* NeoPigment™ Robusto ink set, which is both GOTS and ECO PASSPORT by OEKO-TEX® certified, is waterless.
  • the Presto - Kornit’s Presto solution eliminates the need for pre- and post-treatment of fabric and allows for high-quality printing on an extraordinarily broad variety of fabric types and applications.

Please register for our webinar Here 

 

More information:
Kornit Presto
Source:

Pr4u

ISKO logo
ISKOs shared its R-TWO Platform
11.03.2020

ISKO shared R-TWO™ at Drapers Sustainable Fashion Forum

ISKO presented its 100% responsible platform, R-TWO™.

The denim ingredient brand hosted a special panel to discuss some of the advancements in technology that are making the fashion industry more responsible: from R-TWO™ to automated laser technology.

With the fashion industry being considered one of the world’s most polluting businesses-sectors, collaborating and knowledge sharing are key in finding solutions for a better future. Fully aware of this scenario, ISKO was the headline sponsor at The Drapers Sustainable Fashion Forum brings together responsible players to discuss what can be done to tackle the industry’s environmental and social issues through innovation and creativity.

ISKO presented its 100% responsible platform, R-TWO™.

The denim ingredient brand hosted a special panel to discuss some of the advancements in technology that are making the fashion industry more responsible: from R-TWO™ to automated laser technology.

With the fashion industry being considered one of the world’s most polluting businesses-sectors, collaborating and knowledge sharing are key in finding solutions for a better future. Fully aware of this scenario, ISKO was the headline sponsor at The Drapers Sustainable Fashion Forum brings together responsible players to discuss what can be done to tackle the industry’s environmental and social issues through innovation and creativity.

Sharing knowledge, collaborating for change.
As evidence of its Responsible Innovation™ approach, ISKO presented the R-TWO™ program, its latest
responsible achievement. Stemming from the mill’s holistic vision, R-TWO™ represents a great example of how reducing, reusing, and recycling strategies can be implemented in a textile business to improve its  environmental performance.
The R-TWO™ reduces the amount of raw material sourced by using a blend of reused cotton and recycled polyester – both certified –, improving sourcing efficiency throughout the entire field-to-fabric production.
Reused cotton is certified with the Content Claim Standard – or CCS – from the Textile Exchange. As for recycled polyester, it can be either Recycled Claim Standard (RCS) or Global Recycled Standard (GRS) certified, depending on the content percentages. Together with this cutting-edge and fully responsible program, ISKO also uses automated laser
technology developed in partnership with Jeanologia.

“How technology can help make the fashion industry more sustainable”:
On March 11th, ISKO hosted a discussion about ways, to make the fashion industry more responsible
The panel was moderated by David Shah, consultant on design and marketing development, Publisher and CEO at Metropolitan Publishing BV and Associate Professor at ARTez (Arnhem, the Netherlands) and Associate Professor at Renmin University, (Beijing, China). The talk involved Keith O’Brien, ISKO Marketing & Business Development Manager, Victoria Soto, Jeanologia Custom Technology Consultant and Filippo Ricci, Fashion Open Studio Program & Partnership Manager.

 

Source:

Menabò Group, Global Press and PR Support

Autoneum (c) autoneum
Autoneum
04.03.2020

Autoneum: Report on financial year 2019

Net result impacted by operating losses and high impairments in North America

In 2019, Autoneum grew organically by 2.5% and has thereby significantly outperformed the declining market. In Swiss francs, revenue rose slightly to CHF 2 297.4 million. However, as previously communicated, operational inefficiencies in North America and impairments on fixed assets in that region had a particularly strong impact on profitability and led to a net loss of CHF –77.7 million. The Board of Directors therefore proposes that no dividend bedistributed for the 2019 financial year. Based on the new turnaround program launched in North America at the beginning of this year, significant profitability increases are expected for 2020.

Net result impacted by operating losses and high impairments in North America

In 2019, Autoneum grew organically by 2.5% and has thereby significantly outperformed the declining market. In Swiss francs, revenue rose slightly to CHF 2 297.4 million. However, as previously communicated, operational inefficiencies in North America and impairments on fixed assets in that region had a particularly strong impact on profitability and led to a net loss of CHF –77.7 million. The Board of Directors therefore proposes that no dividend bedistributed for the 2019 financial year. Based on the new turnaround program launched in North America at the beginning of this year, significant profitability increases are expected for 2020.

2019 was an extremely challenging year for the automobile industry. The continuing weakness of the global economy, ongoing trade disputes and the increasing regulation of mobility impacted vehicle demand negatively. But 2019 was also a year of change for Autoneum internally. An in-depth analysis carried out by the new Group Management in the fall showed a need to reevaluate the Group’s performance over the short- to medium-term. In Business Group North America, the operational and commercial problems have proven more extensive than originally assumed. As a result, the turnaround program launched in spring 2019 was replaced at the beginning of 2020 with a dedicated and far more comprehensive program for the North American sites.

Revenue growth despite a shrinking global market
As a result of weak demand, the number of light vehicles produced worldwide fell again sharply in 2019 compared to the previous year; whereby the decline of almost –6% was much steeper than in 2018. Thanks to numerous production ramp-ups and a favorable model portfolio, Autoneum generated organic revenue growth1 of 2.5%, despite the global market cooling. Revenue consolidated in Swiss francs rose by 0.7% from CHF 2 281.5 million to CHF 2 297.4 million.

Profitability2 impacted by operational inefficiencies and impairments
Operational inefficiencies in North America and impairments on fixed assets in this region were the main reason for the – first-ever – negative net result in 2019. In addition, the sharp drop in automobile production in Europe and China as well as associated lower utilization of production capacities in the affected Business Groups also burdened the Group’s profitability. EBITDA excluding IFRS 16 effects decreased to CHF 126.0 million (2018: CHF 197.2 million), which corresponds to an EBITDA margin of 5.5% (2018: 8.6%). One-time charges from impairments in the amount of CHF –68.0 million had a negative impact on EBIT, reducing it to CHF –32.9 million (2018: CHF 114.1 million). Without these one-time charges, EBIT amounted to CHF 35.0 million. The EBIT margin 1 Change in revenue in local currencies, adjusted for hyperinflation. 2 The figures for the 2019 financial year include IFRS 16 effects. Autoneum Management Ltd . Media Release . March 4, 2020 Page 2/5 excluding impairments was at 1.5% in 2019, and taking those into account the margin decreased to –1.4% (2018: 5.0%).

 

More information:
Autoneum
Source:

autoneum

Trevira CS sample wall in the special exhibition "Textile Future by Trevira CS“ (c) Trevira
Trevira CS sample wall in the special exhibition "Textile Future by Trevira CS“
28.02.2020

Trevira at BCFA Open Berlin

Trevira will be joining the first BCFA Open Berlin pop-up exhibition, which will be held at the British Embassy on 6 May at the same time of Berlin Design Week (4 – 10 May 2020). The one-day fair is being organised by the British Contract Furnishing Association (BCFA), and members of the association will have the opportunity to display their products in the atrium of the post-modern embassy building.  

At the exhibition, specially invited interior designers and furnishers, along with purchasers from the contract market, will be able to find out more about the collections and products of high-end British manufacturers and textile houses, and attend interesting talks by two top specialists of the sector.

Trevira will be joining the first BCFA Open Berlin pop-up exhibition, which will be held at the British Embassy on 6 May at the same time of Berlin Design Week (4 – 10 May 2020). The one-day fair is being organised by the British Contract Furnishing Association (BCFA), and members of the association will have the opportunity to display their products in the atrium of the post-modern embassy building.  

At the exhibition, specially invited interior designers and furnishers, along with purchasers from the contract market, will be able to find out more about the collections and products of high-end British manufacturers and textile houses, and attend interesting talks by two top specialists of the sector.

Trevira will be showing a selection of Trevira CS fabrics which were on display earlier this year at the Heimtextil 2020, where they featured in the special exhibition ‘Textile Future by Trevira CS’. These fabrics are permanently flame retardant and can be deployed in a wide range of applications, as Berlin design company studio aisslinger impressively showed in the exhibition at the Trevira stand. For the Heimtextil fair, the prestigious studio aisslinger design team worked together with Trevira, creating a concept that revealed just how attractive and playful Trevira CS fabrics can be in a variety of settings on the contract market, including hospitality, healthcare, workspaces, public spaces and transport.

Designers and architects who are interested in taking part in the event are welcome to register their details with Trevira.

 

More information:
Trevira BCFA
Source:

Trevira

RIRI and COEURDOR join forces
RIRI and COEURDOR join forces
14.02.2020

RIRI and COEURDOR join forces

Riri and Coeurdor announce that they are creating the largest metal accessories group dedicated to the high-end luxury brands. The combination of the two companies will result in a unique value proposition, offering the full range of metal trims. This will allow luxury brands to simplify their supply-chain and benefit from unique innovation capabilities, including new technology like 3D printing and stainless steel. They will also rely on a production network that spans from France, Italy, Switzerland to Portugal, offering maximum flexibility and security of supply adapted to the fashion market requirements.

Founded in 1951 and headquartered in Maîche (France), Coeurdor is a manufacturer of metal accessories for the luxury industry. The company is specialized in surface finishings and manufacture of metal products for Luxury leather goods, with production facilities in France and Portugal. The company is well-known for the quality of its products, its innovation capabilities and strong customer relationships.

Riri and Coeurdor announce that they are creating the largest metal accessories group dedicated to the high-end luxury brands. The combination of the two companies will result in a unique value proposition, offering the full range of metal trims. This will allow luxury brands to simplify their supply-chain and benefit from unique innovation capabilities, including new technology like 3D printing and stainless steel. They will also rely on a production network that spans from France, Italy, Switzerland to Portugal, offering maximum flexibility and security of supply adapted to the fashion market requirements.

Founded in 1951 and headquartered in Maîche (France), Coeurdor is a manufacturer of metal accessories for the luxury industry. The company is specialized in surface finishings and manufacture of metal products for Luxury leather goods, with production facilities in France and Portugal. The company is well-known for the quality of its products, its innovation capabilities and strong customer relationships.

Founded in 1936 and headquartered in Mendrisio (Switzerland), Riri is a well-known brand, producing zippers and buttons, through Riri and Cobrax brands, mostly for the high-end luxury market. Riri is the privileged choice of many brands in light of high quality of the creations released season after season, ever-ending effort in terms of innovation, personalization of details and high service levels. The company has a world commercial presence, with commercial offices in Paris, New York City, Los Angeles, Hong Kong and Shanghai and four manufacturing sites across Switzerland and Italy.

Robert Jeambrun, Chairman of Coeurdor said: “We are very excited to open this new chapter of our history together with Riri. We believe the two organizations share the same values, including a focus on innovation and dedication to high service levels for our customers. Crossing our path with Riri will enable us to continue our growth story and increase our financial means, becoming the supplier of choice of high-end luxury brands.”

Renato Usoni, CEO of Riri Group said: “We are welcoming the Coeurdor family. The alliance of the two groups will create a new leader in the market with a unique business model and industrial means capable of supplying all metal pieces needed by our clients, from zippers to buttons and metal trims, all at once. The combined offering will be highly synergetic and will allow our clients to better industrialize their supply chains and benefit from unique innovation capabilities.”

More information:
Riri Group coeurdor
Source:

menabo

Rieter Holding Ltd.
Rieter Holding Ltd.
03.02.2020

Rieter signed additional contracts at the Swiss-Egyptian Investment Forum

At the Swiss-Egyptian Investment Forum which took place on February 3 in Cairo (Egypt), the Cotton & Textiles Holding Company and Rieter signed additional contracts related to the modernization program for the Egyptian textile industry.

Further Orders from Egypt:

  • Contracts for additional projects signed in Cairo
  • Order volume is around 30 million Swiss francs
  • Order intake in the first half year of 2020 expected

The total volume of the contracts sums up to around 210 million Swiss Francs, including the contracts which had been signed at ITMA 2019 in Barcelona and which represent a volume of around 180 million Swiss Francs.

Rieter expects the full amount of orders to be booked as order intake in the first half year of 2020. So far, 165 million Swiss Francs have been booked.

 

At the Swiss-Egyptian Investment Forum which took place on February 3 in Cairo (Egypt), the Cotton & Textiles Holding Company and Rieter signed additional contracts related to the modernization program for the Egyptian textile industry.

Further Orders from Egypt:

  • Contracts for additional projects signed in Cairo
  • Order volume is around 30 million Swiss francs
  • Order intake in the first half year of 2020 expected

The total volume of the contracts sums up to around 210 million Swiss Francs, including the contracts which had been signed at ITMA 2019 in Barcelona and which represent a volume of around 180 million Swiss Francs.

Rieter expects the full amount of orders to be booked as order intake in the first half year of 2020. So far, 165 million Swiss Francs have been booked.

 

Source:

Rieter Holding Ltd.

NaviColor Logo Huntsman Textile Effects
NaviColor Logo
24.01.2020

HUNTSMAN TEXTILE EFFECTS PARTNERS WITH XENON ARC TO FORM NAVICOLOR

Dedicated marketing channel to better serve the US market

Huntsman Textile Effects and Xenon arc today announced the formation of NaviColor, a dedicated marketing channel to service the unique needs of select customers in the United States textiles and apparel industry.  

NaviColor is a business specifically designed to meet the needs of select Huntsman Textile Effects customers and to further expand the growing customer base. NaviColor features a dedicated team of professionals in a highly advanced technological environment to support customers utilizing Huntsman’s Textile Effects innovative chemicals, dyes and digital inks in the United States.  

NaviColor is the latest deployment of Xenon arc’s innovative xa-Direct model that helps the world’s preeminent manufacturing companies reach, grow and more effectively service the needs of their customer bases. Leveraging its domain expertise of the marketplace, combined with extensive voice of the customer research and leading-edge technology platform, the xa-Direct model delivers enhanced customer intimacy, valuable insights and improved customer service levels.

Dedicated marketing channel to better serve the US market

Huntsman Textile Effects and Xenon arc today announced the formation of NaviColor, a dedicated marketing channel to service the unique needs of select customers in the United States textiles and apparel industry.  

NaviColor is a business specifically designed to meet the needs of select Huntsman Textile Effects customers and to further expand the growing customer base. NaviColor features a dedicated team of professionals in a highly advanced technological environment to support customers utilizing Huntsman’s Textile Effects innovative chemicals, dyes and digital inks in the United States.  

NaviColor is the latest deployment of Xenon arc’s innovative xa-Direct model that helps the world’s preeminent manufacturing companies reach, grow and more effectively service the needs of their customer bases. Leveraging its domain expertise of the marketplace, combined with extensive voice of the customer research and leading-edge technology platform, the xa-Direct model delivers enhanced customer intimacy, valuable insights and improved customer service levels.

“We are excited to partner with Huntsman Textile Effects,” commented Mica Zuniga, Vice President of Strategic Growth for Xenon arc.

NaviColor will exclusively represent Huntsman Textile Effects product portfolio including:

  •  Dyes
  •  Chemical Auxiliaries
  •  Digital Inks

 

Source:

(c) Huntsman Textile Effects

23.01.2020

autoneum: revenue growth in a declining market

Thanks to numerous new ramp-ups and the favorable portfolio of vehicle models supplied, Autoneum grew organically by 2.5% in a declining market. Adjusted for currency effects, Group revenue in Swiss francs amounted to CHF 2 297.4 million, 0.7% higher compared to the previous year.

For the second consecutive year, fewer vehicles were manufactured worldwide in 2019 than in the prior year. In particular, the persistently weak global economy and ongoing trade disputes have had an impact on vehicle demand. With only about 89 million vehicles produced, the market shrank by almost –6% compared to 2018. Despite this negative trend, Autoneum achieved an organic revenue growth of 2.5% through numerous production ramp-ups and a favorable mix of vehicle models supplied. Revenue consolidated in Swiss francs rose by 0.7% from CHF 2 281.5 million to CHF 2 297.4 million.

Thanks to numerous new ramp-ups and the favorable portfolio of vehicle models supplied, Autoneum grew organically by 2.5% in a declining market. Adjusted for currency effects, Group revenue in Swiss francs amounted to CHF 2 297.4 million, 0.7% higher compared to the previous year.

For the second consecutive year, fewer vehicles were manufactured worldwide in 2019 than in the prior year. In particular, the persistently weak global economy and ongoing trade disputes have had an impact on vehicle demand. With only about 89 million vehicles produced, the market shrank by almost –6% compared to 2018. Despite this negative trend, Autoneum achieved an organic revenue growth of 2.5% through numerous production ramp-ups and a favorable mix of vehicle models supplied. Revenue consolidated in Swiss francs rose by 0.7% from CHF 2 281.5 million to CHF 2 297.4 million.

Revenue growth in North America, Asia and SAMEA region significantly above market The Business Groups North America, Asia and SAMEA (South America, Middle East and Africa) not only outperformed the negative market trend in each case, but also reported higher revenues compared to the previous year. In Europe only, the drop in automobile production caused a decline in revenue of the corresponding Business Group by –5.6% in local currencies. Business Group North America improved its revenue by 7.2% on a currency-adjusted basis, primarily driven by various production ramp-ups of German and Japanese vehicle manufacturers. Despite considerably fewer vehicles being produced in Asia, the Business Group increased its revenue in local currencies by 8.1% thanks to high-volume and new programs of European and Asian automobile manufacturers. Business Group SAMEA continued its growth course. Against the market slump in this region, revenue in local currencies and adjusted for inflation rose by 32.7%. This was mainly due to high-volume export programs in Turkey and South Africa as well as much higher production volumes compared to the previous year in the key SAMEA market of Brazil.

More information:
Autoneum
Source:

autoneum

(c) SGL Carbon
15.01.2020

SGL Carbon: New production hall at the Bonn site

  • Increasing demand for graphite-based automotive solutions
  • Strengthening SGL Carbon’s site in Bonn

Over the past three years, SGL Carbon has invested a total of around 25 million euros in the modernization and expansion of its production capacities for specialty graphite automotive components at the Bonn site. The expansion project was completed at the end of last year and was inaugurated today at the site in an official ceremony. Besides the installation of partly new production facilities and a modernized production set-up, construction of a new, 2,000 m2 large hall for the production of the parts was implemented in the course of the expansion.

  • Increasing demand for graphite-based automotive solutions
  • Strengthening SGL Carbon’s site in Bonn

Over the past three years, SGL Carbon has invested a total of around 25 million euros in the modernization and expansion of its production capacities for specialty graphite automotive components at the Bonn site. The expansion project was completed at the end of last year and was inaugurated today at the site in an official ceremony. Besides the installation of partly new production facilities and a modernized production set-up, construction of a new, 2,000 m2 large hall for the production of the parts was implemented in the course of the expansion.

The background of the expansion is the continuously increasing demand for advanced solutions and products made from graphite in the automotive sector. Due to its durability, high strength, low friction behavior, and high conductivity, the material is suitable for many different automotive applications. Examples include rotors and vanes in vacuum pumps for brake boosters, bearings for exhaust gas management, and sealing rings and bearings for seals in coolant pumps. These solutions include applications for vehicles with conventional combustion engines as well as for e-mobility, thereby making an important contribution to clean driving, higher energy efficiency, and lower emissions.

“Automotive components made from specialty graphite are increasingly becoming the standard in many different applications in the automotive industry. Due to their special properties, they are more and more frequently replacing the materials previously used in pumps and seals, such as plastic and metal. By investing in the modernization and expansion of production in Bonn, we are consolidating our leading position in this market and offering our customers real added value in the close partnership with each other. Through the expansion, we are also strengthening our site in Bonn,” explains Burkhard Straube, President of the business unit Graphite Materials & Systems.

More information:
SGL Carbon
Source:

SGL Carbon

PINKO Spring-Summer Advertising Campaign  (c) PINKO
PINKO Spring-Summer Advertising Campaign
13.01.2020

PINKO Spring-Summer Advertising Campaign

#Takelifebythehorns

Overcoming challenges. Thinking outside the box. Positive thinking. A vision of personal creativity. The advertising campaign for the Spring-Summer 2020 season is a manifesto for expressing the PINKO Woman. Determined, empowered, confident, making her own decisions. Always ready to take life by the horns.

A fiery sunset. A wilderness of mesmerising colours is the backdrop to Mert Alas & Marcus Piggott’s shots, which portray a femininity that is glamorous, gritty, rock, and never predictable. This visual symphony was shaped with a creative team that united stylist Vanessa Reid and creative director Riccardo Ruini with the new star, Lily Aldridge – model, mother and businesswoman – who embodies the beauty of the moment. “We chose Lily because she is the epitome of the PINKO woman”, explained Caterina Negra, image director of PINKO. “She is elegant, sophisticated, with a modern approach. She fills many roles without having had to sacrifice anything. She makes an impression living a life filled with different experiences, as demanded by the modern world”.

#Takelifebythehorns

Overcoming challenges. Thinking outside the box. Positive thinking. A vision of personal creativity. The advertising campaign for the Spring-Summer 2020 season is a manifesto for expressing the PINKO Woman. Determined, empowered, confident, making her own decisions. Always ready to take life by the horns.

A fiery sunset. A wilderness of mesmerising colours is the backdrop to Mert Alas & Marcus Piggott’s shots, which portray a femininity that is glamorous, gritty, rock, and never predictable. This visual symphony was shaped with a creative team that united stylist Vanessa Reid and creative director Riccardo Ruini with the new star, Lily Aldridge – model, mother and businesswoman – who embodies the beauty of the moment. “We chose Lily because she is the epitome of the PINKO woman”, explained Caterina Negra, image director of PINKO. “She is elegant, sophisticated, with a modern approach. She fills many roles without having had to sacrifice anything. She makes an impression living a life filled with different experiences, as demanded by the modern world”.

Fringes  and  a  masculine  jacket.  Bright  sequins  and  dark  leather.  Rodeo-style  boots,  belt  and  hat  are  teamed  with  sensual denim. This is Lily’s look, as she mounts a unique mechanical bull. It was made specially for the campaign, inspired by the shape and detailing of the Love Bag Mix Studs. An ultra-stylish clash of black and metal accompanies the Love Bag Puff, a new shape in soft quilted nappa leather with chevron motif and appliqué suede fringe. The  fastening  is  the  iconic  metal  buckle  with  Love  Birds.  Not  forgetting  micro-chains  and  studs  for  the  Mini  Love  Metal Fringes or rhinestone fringing for the Go-round version.

The looks are a spontaneous expression of femininity, where personality is key, and movement adds a new dimension to the images. It’s the PINKO message. To be in a safe place where you can be creative without being judged and where you are free to choose. #createyourownlife

 

More information:
Fashion Mode PINKO
Source:

NETWORK PUBLIC RELATIONS GMBH

  100% NATURE” collection by CALIDA ‘stretches’towards a sustainable future with ROICA ™ (c) ROICA™
100% NATURE by Calida round neck t-shirt & boxer shorts with ROICA™ V550
02.12.2019

100% NATURE” collection by CALIDA ‘stretches’towards a sustainable future with ROICA ™

“100 % NATURE” collection by Calida reflects a shared vision for sustainable fashion. A mission and a strong commitment combining comfort with technology, style and a responsible attitude.

Manufactured in a closed, particularly energy-efficient cycle and sourced from sustainably managed forests, the man/woman underwear and loungewear collection by leading fashion brand Calida reaches the 100% of sustainability thanks to the premium stretch fiber  ROICA™ delivers ultimate hyper-performance in both stretch and sustainability.

Cellulose-based premium materials are blended with ROICA™ V550; the non-toxic-release* innovation in sustainable elastic fibers, matching the need for elasticity , quality , comfort with the request for sustainability and respect for the environment.

ROICA™ V550 is part of ROICA Eco-Smart™ family, the latest and cutting edge range of ROICA™, the premium stretch fiber for the modern wardrobe by leading innovator Asahi Kasei.

“100 % NATURE” collection by Calida reflects a shared vision for sustainable fashion. A mission and a strong commitment combining comfort with technology, style and a responsible attitude.

Manufactured in a closed, particularly energy-efficient cycle and sourced from sustainably managed forests, the man/woman underwear and loungewear collection by leading fashion brand Calida reaches the 100% of sustainability thanks to the premium stretch fiber  ROICA™ delivers ultimate hyper-performance in both stretch and sustainability.

Cellulose-based premium materials are blended with ROICA™ V550; the non-toxic-release* innovation in sustainable elastic fibers, matching the need for elasticity , quality , comfort with the request for sustainability and respect for the environment.

ROICA™ V550 is part of ROICA Eco-Smart™ family, the latest and cutting edge range of ROICA™, the premium stretch fiber for the modern wardrobe by leading innovator Asahi Kasei.

“100% NATURE” is certified CRADLE TO CRADLE™, which means that raw materials can be used time and again in an ongoing biological cycle. CALIDA is also the first clothing brand worldwide to be awarded the ‘MADE IN GREEN by OEKO-TEX®’ label, which is based on compliance with strict social responsibility and ecological criteria and certifies that the textiles carrying the label have been tested for harmful substances.

Source:

GB Network Marketing & Communication

 TOPIC OF THE SEASON: Responsible Future (c) Premium Exhibitions GmbH
Alina Hahn, Marie Sandmann, Maren Wiebus, Damien Winpenny, Marie-Luise Patzelt
21.11.2019

TOPIC OF THE SEASON: Responsible Future

Sustainability is part of SEEK’s internal make-up and has always been part of the team and community experience. Over 80 sustainable brands make up the brand portfolio, including players like Veja, Dedicated and Kings of Indigo. Experts will be sharing their experiences on this market-defining topic as well, with a host of live podcasts, talks and panel discussions, and will be shaping SEEK’s programme of content.
 
BIG PLAYER: the new SEEK Culture

 
SEEK is Europe’s most successful trade show for pop, street and sneaker culture. This is where the key players meet, where the looks of tomorrow are showcased, modelled and retold, where classics are celebrated, authenticity rules the roost and where icons take their positions alongside shooting stars. SEEK is essential participation for anyone looking to curate a modern, youthful and relevant range.

The shift from a niche event to a large trade show is now complete with a new logo and campaign design. SEEK has emerged from its transformation to reveal that its content and visual look are as relevant as ever!  

Sustainability is part of SEEK’s internal make-up and has always been part of the team and community experience. Over 80 sustainable brands make up the brand portfolio, including players like Veja, Dedicated and Kings of Indigo. Experts will be sharing their experiences on this market-defining topic as well, with a host of live podcasts, talks and panel discussions, and will be shaping SEEK’s programme of content.
 
BIG PLAYER: the new SEEK Culture

 
SEEK is Europe’s most successful trade show for pop, street and sneaker culture. This is where the key players meet, where the looks of tomorrow are showcased, modelled and retold, where classics are celebrated, authenticity rules the roost and where icons take their positions alongside shooting stars. SEEK is essential participation for anyone looking to curate a modern, youthful and relevant range.

The shift from a niche event to a large trade show is now complete with a new logo and campaign design. SEEK has emerged from its transformation to reveal that its content and visual look are as relevant as ever!  

Together with creative agencies Karl Anders and Haebmau, the SEEK team has been working for weeks on the brand’s new branding. The result: a visual concept with a strong message.

“The handshake is the right imagery and commitment to our stance and that of the SEEK community.”

“SEEK stands for strength and business just as much as for communality and good vibes! ‘Get Along’ articulates a feeling of agreement, of moving forward and getting to grips with things. We all want to shape a positive future for our industry – as partners and by joining forces.”, explains Fashion Director Maren Wiebus.

CREATIVE CONNECTION: Karl Anders and Haebmau
 
The Hamburg-based agency Karl Anders, which was established by Claudia Fischer-Appelt and Lars Kreyenhagen, was commissioned to come up with the creative concept and design language for the logo and campaign.

“With the new look we are entering a new era for SEEK as a brand. Lots of brands have chosen a design using Helvetica in recent years,” says Claudia Fischer-Appelt, Creative Director at Karl Anders. “We are now signalling a clear shift in another direction. Confident, bold and independent. With the logo we are inviting the viewer to play with the linear layout in their head; we are breaking viewing habits, making a statement and revving things up a gear. SEEK, there it is.”
 
The artwork is the result of a process of in-depth debate with the SEEK brand that took place over several weeks both within the team and also with the support of lifestyle agency Haebmau. Workshops, research and analyses ultimately led to a new, strong brand identity. SEEK is focussed on both established and new players and stands for the WE.

“I have known SEEK since it was in its infancy, so to me it was always like a little brother of the large, successful PREMIUM. Quirky and different, always interesting but somehow not quite so imposing,” says Markus Bublitz, Executive Creative Director at Haebmau. “SEEK today is more grown-up, confident and sharper. Thanks to its position in the market, which it has conquered over the years, it no longer needs to please everyone but can afford to be controversial. This can offer space for new, creative ideas.”

SEEK is edgy, clean-cut and unpolished.

We are all about statement design, new classics, denim and sportswear. SEEK is the trade show event for the fashion community. SEEK knows who calls the shots; it boosts sales and is the place for the next generation of decision-makers to get together. Unlike all the others, SEEK is unconventional and the antidote to boring.

Source:

Premium Exhibitions GmbH

Bemberg™ presents the original material for modern living © GB Network
20.11.2019

Bemberg™ presents the original material for modern living

  • Première Vision New York - 21st to 22nd of January 2020.

Bemberg™ is pleased to present a full range of new fabric innovations at Première Vision New York. Made by Asahi Kasei, the company is the sole maker of this one-of-a-kind, matchless, high-tech natural material, with a unique and precious touch and feel.

During this edition of Première Vision New York attendees will discover a full range of new fabric innovations from international partners.

Bemberg™ proposal will especially focus on Velutine Evo for shell fabrics, the new technically advanced finishing refinement technology developed in the Japanese laboratories of Asahi Kasei that offers a premium finish to the best qualities of the classic Bemberg™ peach skin touch. As part of the company’s continuous innovation, Velutine Evo brings better environmental, energy and water profiles for the benefit of Bemberg™ partners in the manufacture of their ranges. It sets a new benchmark for everyday luxury with a new generation of fibrillation technology.

The unique circularity of Bemberg™

  • Première Vision New York - 21st to 22nd of January 2020.

Bemberg™ is pleased to present a full range of new fabric innovations at Première Vision New York. Made by Asahi Kasei, the company is the sole maker of this one-of-a-kind, matchless, high-tech natural material, with a unique and precious touch and feel.

During this edition of Première Vision New York attendees will discover a full range of new fabric innovations from international partners.

Bemberg™ proposal will especially focus on Velutine Evo for shell fabrics, the new technically advanced finishing refinement technology developed in the Japanese laboratories of Asahi Kasei that offers a premium finish to the best qualities of the classic Bemberg™ peach skin touch. As part of the company’s continuous innovation, Velutine Evo brings better environmental, energy and water profiles for the benefit of Bemberg™ partners in the manufacture of their ranges. It sets a new benchmark for everyday luxury with a new generation of fibrillation technology.

The unique circularity of Bemberg™

Bemberg™ is made from a cotton linter bio-utility material, a natural derived source, and a truly unique one in the smart fiber arena that doesn’t deplete forestry resources. And apart from the exquisite and precious touch of Bemberg™ fabrics, visitors will see the unique circularity of Bemberg™ from its source, manufacture and end-of-life credentials, supported by the LCA study, signed by ICEA and validated by Paolo Masoni, confirming a new quality profile and standard with a more responsible and unique position today. Full GRS certification, Oeko-Tex 100, ISO 14001, & Eco-Mark. Bemberg™ also has a new Compostability Certification.

The Innovhub-SSI report confirms Bemberg™ filaments disintegrate at 100% value Twithin the limits specified by the UNI EN 13432, point A.3.1 for disintegration in composting. Also, a new Ecotoxicity metric to EN 13432:2000 Annex E, the compost obtained from the Bemberg™ filaments according to ISO 16929:2013 revealed no ecotoxicity effect.  The Bemberg™ filaments tested for heavy metals and other toxic hazardous substances and was found to comply with tests specified by the UNI EN 13432, for the substances listed in table A.1.

 Neues Projekt von Hahn-Schickard zur Produktentwicklung mit der Ernst REINER GmbH & Co. KG ©Ernst REINER GmbH & Co. KG
20.11.2019

Neues Projekt von Hahn-Schickard zur Produktentwicklung mit der Ernst REINER GmbH & Co. KG

Der Textil vernetzt-Partner Hahn-Schickard hat ein neues Projekt zur Produktentwicklung mit der Ernst REINER GmbH & Co. KG begonnen.

Welche Notwendigkeiten und welche Möglichkeiten ergeben sich durch die Vernetzung mobiler Kennzeichnungsgeräte? Dieser Frage will die Ernst REINER GmbH & Co. KG aus Furtwangen zusammen mit dem Textil vernetzt-Partner Hahn-Schickard in einem gemeinsamen Projekt auf den Grund gehen.

Das 1913 gegründete Familienunternehmen Ernst REINER zählt zu den Marktführern von Stempeln und Kennzeichnungsgeräten in Europa sowie von OCR Druck- und Scan-Systemen in Deutschland. Die mobilen Kennzeichnungsgeräte kommen vornehmlich in Industrie, öffentlicher Verwaltung oder Logistik zum Einsatz, um Verpackungen, Kisten oder auch Paletten zu bedrucken. In der Textilindustrie sind Beschriftungen ebenfalls ein Thema. Bei der Produktion der Kennzeichnungsgeräte steht bei Ernst REINER die Erfüllung höchster Qualitätsstandards im Mittelpunkt, die etwa 200 Mitarbeiter umsetzen. Unter Einsatz neuer Technologien sowie moderner Produktionsanlagen steht das Unternehmen für eine wirtschaftliche und hochpräzise Fertigung.

Der Textil vernetzt-Partner Hahn-Schickard hat ein neues Projekt zur Produktentwicklung mit der Ernst REINER GmbH & Co. KG begonnen.

Welche Notwendigkeiten und welche Möglichkeiten ergeben sich durch die Vernetzung mobiler Kennzeichnungsgeräte? Dieser Frage will die Ernst REINER GmbH & Co. KG aus Furtwangen zusammen mit dem Textil vernetzt-Partner Hahn-Schickard in einem gemeinsamen Projekt auf den Grund gehen.

Das 1913 gegründete Familienunternehmen Ernst REINER zählt zu den Marktführern von Stempeln und Kennzeichnungsgeräten in Europa sowie von OCR Druck- und Scan-Systemen in Deutschland. Die mobilen Kennzeichnungsgeräte kommen vornehmlich in Industrie, öffentlicher Verwaltung oder Logistik zum Einsatz, um Verpackungen, Kisten oder auch Paletten zu bedrucken. In der Textilindustrie sind Beschriftungen ebenfalls ein Thema. Bei der Produktion der Kennzeichnungsgeräte steht bei Ernst REINER die Erfüllung höchster Qualitätsstandards im Mittelpunkt, die etwa 200 Mitarbeiter umsetzen. Unter Einsatz neuer Technologien sowie moderner Produktionsanlagen steht das Unternehmen für eine wirtschaftliche und hochpräzise Fertigung.

Um den Mehrwert für Kunden und Unternehmen zu steigern, soll nun – aufbauend auf diesen Anwendungen – evaluiert werden, welche erweiterten Funktionen und Dienstleistungen vor allem für mobile Kennzeichnungsgeräte durch das Internet der Dinge konzipiert, implementiert und angeboten werden können. Mit den Kollegen von Hahn-Schickard wird dazu eine Kosten-Nutzen-Rechnung aufgestellt. Welche Möglichkeiten sich durch die Vernetzung der Belegdrucker bei Ernst REINER ergeben, wollen die Kollegen von Hahn-Schickard in einem 360°-Screening ermitteln.

Source:

Gesamtverband der deutschen Textil- und Modeindustrie e. V.

(c) Archroma
15.11.2019

ARCHROMA at ChromaTexChem India 2019

Archroma will be at ChromaTexChem India 2019 to present its latest innovations and solution systems aimed to help textile manufacturers with optimized productivity and/or value creation in their markets. Archroma will also moderate a panel at the exhibition official conference on “Sustainable innovation in textile processing”.

At ChromaTexChem, visitors will be able to discover 24 systems developed along the principles of The Archroma Way to help them create value in their textile applications and markets.

Anjani Prasad, Head of Sales, India, Archroma, comments: “With the growing concerns about resource scarcity and product safety, brands and manufacturers in India work with us, because we continuously develop the innovations and solution systems that help them to address these challenges, increase productivity and create value for them. We do that with in mind the planet and its inhabitants, in line with the objectives of “The Archroma way": Safe, efficient, enhanced. Because it’s our nature!”

Archroma will be at ChromaTexChem India 2019 to present its latest innovations and solution systems aimed to help textile manufacturers with optimized productivity and/or value creation in their markets. Archroma will also moderate a panel at the exhibition official conference on “Sustainable innovation in textile processing”.

At ChromaTexChem, visitors will be able to discover 24 systems developed along the principles of The Archroma Way to help them create value in their textile applications and markets.

Anjani Prasad, Head of Sales, India, Archroma, comments: “With the growing concerns about resource scarcity and product safety, brands and manufacturers in India work with us, because we continuously develop the innovations and solution systems that help them to address these challenges, increase productivity and create value for them. We do that with in mind the planet and its inhabitants, in line with the objectives of “The Archroma way": Safe, efficient, enhanced. Because it’s our nature!”

More information:
Archroma ChromaTexChem 2019
Source:

EMG

(c) closed
Gilberto Calzolari
14.11.2019

Premium Brands choosing Responsible Innovation for the Wardrobe of Tomorrow

C.L.A.S.S. discloses five key and influencing brands with unique outfits already available in the market, that demonstrate how smart materials are able to deliver eco hi-tech valuable innovations. 

Five, completely different, contemporary lifestyles!

C.L.A.S.S. discloses five key and influencing brands with unique outfits already available in the market, that demonstrate how smart materials are able to deliver eco hi-tech valuable innovations. 

Five, completely different, contemporary lifestyles!

Among the first adopters of E.C.O. Kosmos shines Gilberto Calzolari, a luxury prêt-à-porter brand Made in Italy with a responsible soul, whose style is represented by the demi-couture dress: fresh, glamorous and romantic. Precious fabrics, complemented by the highest quality in production techniques and tailoring craftsmanship, bear the hallmarks of a brand with a strong identity that is in tune with the needs of contemporary living and reclaims the values of environmental sustainability as well as elegance and excellence typical of luxury Made in Italy. Supported by the CNMI Fashion Trust due to its environmental committment and unique design, the brand chose two materials of the E.C.O. KOSMOS cross-collection for the SS 2020 presented during MFW: the E.C.O. AURORA 50% AMNI SOUL ECO® -50% Standard 100 by OEKO-TEX® certified Cotton canvas and the E.C.O. SONICA Newlife™ stretch satin.

Closed: the German brand, founded in1978, focuses on great designs, small details and pure quality to create understated and advanced denim looks totally handmade in Italy. Closed selected the new amazing Candiani ReLast line, the range of market fresh responsible denim products whose objective is to introduce a 100% transformed innovative solution. The partnership between ROICA™ and Candiani generated a very special ROICA™ yarn realized only for Candiani. A premium stretch yarn that is boasting a GRS (Global Recycled Standard) version 4 certification, thanks to its high percentage of recycled content and appropriated process of transformation.

Within the premium brand adoptions of Bemberg™ shines Martin Greenfield, one of the world's most renowned tailor company. The company, founded in 1977 by Martin Greenfield, realizes hand tailored men’s clothing to meet the requirements of innovative designers, specialty retailers, costume designers, stylists and individuals. For finest made-to-order as well as made-to-measure suits,100% built by hand in their Brooklyn Factory, they choose Bemberg™ Yarn Dyed Lining produced in Italy and Japan for its soft versatility, unique precious touch and exquisite comfort.

My.Suit: Since My.Suit was founded in 2008 in NYC, their philosophy has been simple: provide their clients with a better way to buy a suit.  Their made-to-measure suits and tuxedos offer a better fit than traditional off-the-rack alternatives by accommodating as many different body types as possible, and can be made in a variety of fabric and style options to suit individual needs.  My.Suit utilizes a vertical business model: fabric mill, suit manufacturing, and retail locations, to provide a quick delivery time at an attractive price point. My.Suit has been using Bemberg™ lining to add style and comfort to their suit jackets for over a decade.  With a wide range of colors and designs, Bemberg lining complements their extensive fabric selection and helps us to create visually stunning suits that feel great and provides a personalized option to their clients.

un-sanctioned™ is an innovation-driven performance running apparel brand newly launched in September, 2019; founded on the belief that it’s time for running to give back to the environment all runners take so much joy from.  In partnership with Miti-Spa, un-sanctioned™ has developed and launched with two initial sustainable performance running fabrics called [ BottleKnit™ ] — a 100% recycled polyester made from plastic bottles. And [ WasteKnit™] — a 100% upcycled polyamide made from industrial waste blended with ROICA™ EF yarn for uncompromising smart stretch performance.

More information:
Fashion Mode CLASS
Source:

© 2019 GB Network Marketing & Communication

08.11.2019

ISKO takes part in CEO Roundtable

“Authenticity wins: climbing business in a sustainable way” – the discussion targeted the importance of communication and transparency for today’s industry, promoting responsibility and innovation.

A selection of 26 fashion industry top players to discuss how digitalization is impacting companies’ value, one of the most important parameter to be considered when talking about business. This was the fifth edition of the CEO Roundtable, promoted by Fashion and eBusiness, which took place on November 7th at Palazzo Parigi, Milan.

The denim ingredient brand ISKO, always first in line when it comes to supporting the industry in the development of best practices, was among the event’s main partners. The company shared its long-standing and well-established commitment to Responsible Innovation™, taking part in a panel tackling new models to blend together authenticity and innovation and thus responsibly succeed in business.

“Authenticity wins: climbing business in a sustainable way” – the discussion targeted the importance of communication and transparency for today’s industry, promoting responsibility and innovation.

A selection of 26 fashion industry top players to discuss how digitalization is impacting companies’ value, one of the most important parameter to be considered when talking about business. This was the fifth edition of the CEO Roundtable, promoted by Fashion and eBusiness, which took place on November 7th at Palazzo Parigi, Milan.

The denim ingredient brand ISKO, always first in line when it comes to supporting the industry in the development of best practices, was among the event’s main partners. The company shared its long-standing and well-established commitment to Responsible Innovation™, taking part in a panel tackling new models to blend together authenticity and innovation and thus responsibly succeed in business.

Fashion Magazine CEO&Editor-in-chief Marc Sondermann hosted the discussion, which started at 9.20 a.m. and involved Elena Faleschini, ISKO Global Field Marketing Manager, along with Nicolas Bargi, Save the Duck Founder&CEO, Francesca Toninato, 7 For All Mankind CEO and Stefano Modellini, Diana E-commerce Corporation Founder&CEO.

More information:
Isko
Source:

menabò Group

TINTEX @ Performance Days: 3 cutting-edge eco-performing innovations on show (c) TINTEX
Co.Lab collections: C.L.A.S.S., TINTEX, Becri, Confetil, Pedrosa & Rodrigues
05.11.2019

TINTEX @ Performance Days: 3 cutting-edge eco-performing innovations on show

  • A naturally advanced collection, a cutting-edge coloration technology, and a brand-new collaborative business model.
  • TINTEX stands out at PERFORMANCE DAYS, the functional fabric fair for the sourcing in sports, work and corporate wear.
  • Performance Days, Munich, November 13th -14th, 2019 –booth C08 / hall C1

The leading jersey manufacturer brings a new holistic and sustainable approach spun from the company’s DNA and woven in the mission to create Naturally Advanced fabrics.

The WEME collection - A/W 20/21
The new statement collection goes beyond intellectual and spiritual individual needs to embrace a communal vision blurring ‘we’ and ‘me’, ‘conscious’ and unconscious’, responsible innovation and creativity. Developed around the concept sub-collections ID, Superego and EGO, the range comes in electric and active tones and combines smart ingredients and processes to drive innovation by harnessing the company’s unique dyeing and finishing expertise.

  • A naturally advanced collection, a cutting-edge coloration technology, and a brand-new collaborative business model.
  • TINTEX stands out at PERFORMANCE DAYS, the functional fabric fair for the sourcing in sports, work and corporate wear.
  • Performance Days, Munich, November 13th -14th, 2019 –booth C08 / hall C1

The leading jersey manufacturer brings a new holistic and sustainable approach spun from the company’s DNA and woven in the mission to create Naturally Advanced fabrics.

The WEME collection - A/W 20/21
The new statement collection goes beyond intellectual and spiritual individual needs to embrace a communal vision blurring ‘we’ and ‘me’, ‘conscious’ and unconscious’, responsible innovation and creativity. Developed around the concept sub-collections ID, Superego and EGO, the range comes in electric and active tones and combines smart ingredients and processes to drive innovation by harnessing the company’s unique dyeing and finishing expertise.

The new fabrics are made from a mix of new generation fibers that enhance free movement such as REFIBRA™ by Lenzing, Q-NOVA® by Fulgar and the unique GRS certified premium stretch ROICA™ EF.  The smartcel™ powered ID sub-collection is defined by striped structures that simulate flaws on initially smooth and perfected surfaces and provides soothing, anti-inflammatory effects thanks to the inclusion of zinc oxide, provides soothing, anti-inflammatory effects. The “EGO” selection comes in rich purples, calm lilacs and feminine yellows and features natural fibers such as organic wool. The “Superego” is available in unique styles and colours, achieved thanks to Colorzen® and the Naturally Clean® finishing. Together these enhance the natural beauty of cotton and cellulosics eliminating harsh treatments and optimizing clean surfaces with vivid colors, and an exquisitely smooth hand feel. Transformed materials take such as ECOTEC® by Marchi&Fildi take the lead saving up to 77.9% in water compared with regular cottons.

COLORAU®
TINTEX’ cutting edge color technology which received the Sustainable Solution award in the May 2019 edition of Techtextil debuts in Munich. COLORAU®  was created with a Portuguese consortium constituted by premium realities and gives life to responsibly colored fabrics with antimicrobial properties, using natural dyes extracted from different types of natural plants resources that do not use salt in the production.

COLORAU® uses only compounds of natural origin such as thyme, boldo, peppermint, chestnut and gambier in the production of functional and sustainable textiles in a variety of fibers such as cotton, lyocell and wool. An eco-efficient and low temperature surface treatment improves the affinity between the textile substrate and these natural compounds. The technology features a selection of “performing” extracts for appropriate color fastness to light and washing as well as color durability and antimicrobial functionality.

CO.LAB

TINTEX is proud to announce CO.LAB, a smart and collaborative business model and a totally new supply chain developed in coordination and with the support of C.L.A.S.S.. The first sustainable and PETA-Approved collections are 100% traceable without compromising on quality and style. As co-leader and founding actor, TINTEX has invited Becri, Confetil and Pedrosa & Rodrigues, 3 leading companies, each producing specialized garment styles. The new collections are:

  1. The ECOPERFORMER by TINTEX with Confetil collection meets the values of millennials and generation Z consumers. Sustainable, multitasking, gender neutral and designed to fit contemporary urban lifestyle. The collection comprises modern soft sports garment with fully transparent innovation values. The range flexes its muscles with the best sustainable and high-performative materials for comfort, ease and style. All selected fabrics are PeTA APPROVED VEGAN. Designed to win.
  2. ‘LEGACY H20’ by TINTEX with Becri is 100% traceable and focuses on responsible water-management.
  3. ‘SENSING SMARTS’ by TINTEX with Pedrosa & Rodrigues, a next-to-skin soft and sensual range of materials enhancing wellbeing and comfort while harnessing an innovative and responsible way of using chemical products for a greener and safest future.
Source:

GB Network Marketing & Communication

05.11.2019

Lenzing received several prizes at the Corona awards

Lenzing was awarded for the introduction of the blockchain technology for fiber identification as well as its achievements as a leading company and significant economic engine in the region

On November 4, 2019, Lenzing AG won the “Digital Corona” in Gold. The coveted business prize was awarded for the first time in this category. It is awarded to companies that have dynamically advanced the digitization of business processes, products, services and business models in recent years. At the premiere, Lenzing was delighted to receive the first prize for the introduction of the blockchain technology for fiber identification along the textile value chain.

Lenzing was awarded for the introduction of the blockchain technology for fiber identification as well as its achievements as a leading company and significant economic engine in the region

On November 4, 2019, Lenzing AG won the “Digital Corona” in Gold. The coveted business prize was awarded for the first time in this category. It is awarded to companies that have dynamically advanced the digitization of business processes, products, services and business models in recent years. At the premiere, Lenzing was delighted to receive the first prize for the introduction of the blockchain technology for fiber identification along the textile value chain.

“Consumers increasingly want to understand the ingredients and suppliers of the products they buy, requesting a new level of transparency and traceability. With the introduction of blockchain technology, Lenzing is pursuing the ambitious goal of creating full transparency across the value chain, driving change in an industry where less than five percent of the top 250 apparel brands can track their garments back to the fiber origin”, Stefan Doboczky, CEO of the Lenzing Group, says. Lenzing enables its customers and partners to identify TENCEL ™ branded fibers across each production and distribution step from fiber-to-retail. The technology also allows consumers to verify the garment composition and the underlying textile supply chain at the point of sale, simply by scanning the barcode with a mobile device. As a result, Lenzing also directly supports the business with its very sustainably produced TENCEL™ lyocell fibers.

More information:
Lenzing AG
Source:

Lenzing AG

29.10.2019

Rieter Investor Update 2019

  • Order intake of CHF 524.5 million after nine months
  • Order intake for a major project from Egypt booked in October 2019
  • Market situation remains challenging
  • Real estate sale in Ingolstadt successfully completed
  • Outlook 2019

The cumulative order intake recorded by Rieter Group in the first nine months of 2019 of CHF 524.5 million (2018: CHF 749.8 million) was down by 30% compared to the prior-year period. In the third quarter of 2019, order intake was CHF 146.2 million (Q3 2018: CHF 238.0 million).

Order Intake for a Major Project from Egypt Booked
On October 7, 2019, Rieter booked the order intake for the first six projects with Cotton & Textile Industries Holding Company, Cairo (Egypt) of around CHF 165 million. This amount is thus not included in the figures for the third quarter of 2019 and will positively affect the fourth quarter. The sales are anticipated to be realized in the 2020/2021 financial years. The order includes deliveries of compact and ring spinning systems and it is part of a comprehensive modernization program for the Egyptian textile industry.

  • Order intake of CHF 524.5 million after nine months
  • Order intake for a major project from Egypt booked in October 2019
  • Market situation remains challenging
  • Real estate sale in Ingolstadt successfully completed
  • Outlook 2019

The cumulative order intake recorded by Rieter Group in the first nine months of 2019 of CHF 524.5 million (2018: CHF 749.8 million) was down by 30% compared to the prior-year period. In the third quarter of 2019, order intake was CHF 146.2 million (Q3 2018: CHF 238.0 million).

Order Intake for a Major Project from Egypt Booked
On October 7, 2019, Rieter booked the order intake for the first six projects with Cotton & Textile Industries Holding Company, Cairo (Egypt) of around CHF 165 million. This amount is thus not included in the figures for the third quarter of 2019 and will positively affect the fourth quarter. The sales are anticipated to be realized in the 2020/2021 financial years. The order includes deliveries of compact and ring spinning systems and it is part of a comprehensive modernization program for the Egyptian textile industry.

Market Situation Remains Challenging
The demand for new machinery remained at a low level in the third quarter of 2019. The primary reasons are existing overcapacity in the spinning mills, the trade conflict between the USA and China, as well as political and economic uncertainties in other regions of importance to Rieter. Rieter's market share continues to be at the level of around 30%.

Real Estate Sale in Ingolstadt Successfully Completed
Rieter completed the real estate sale in Ingolstadt (Germany) to GERCHGROUP of Düsseldorf (Germany) on September 13, 2019. Rieter expects a non-recurring profit contribution from this transaction on a net profit level of around EUR 60 million.

Outlook 2019
Rieter estimates significantly lower sales for the year 2019 as a whole compared to 2018, and expects a significant drop in the result from the ongoing business. EBIT and net profit are anticipated to be significantly above the levels of the previous year due to the non-recurring profit contribution from the sale of real estate in Ingolstadt (Germany). The cost-cutting measures introduced have been implemented to a great extent.

More information:
Rieter Holding Ltd.
Source:

Rieter Holding Ltd.