Aus der Branche

Mit Blick auf den heute im EU-Parlament überraschend gescheiterten Kompromiss zum Lieferkettengesetz fordert der Handelsverband Deutschland (HDE) Verlässlichkeit und Planbarkeit bei der EU-Gesetzgebung ein.

HDE-Hauptgeschäftsführer Stefan Genth: „Die Handelsunternehmen müssen sich auf eine gute und stabile Gesetzgebung aus Brüssel verlassen können. Das steht spätestens mit dem heutigen Scheitern des Omnibus I Pakets im Parlament infrage. Für die Unternehmen, die sich auf die auch im Rechtsausschuss des EU-Parlaments geeinte Lösung gebaut haben, ist das ein Totalschaden. Das Thema Lieferkettengesetz ist im Verlauf der letzten Jahre leider ein Paradebeispiel für eine unentschlossene und irrlichternde Politik in der Europäischen Union geworden. Das ist gerade in diesen wirtschaftlich schwierigen Zeiten vollkommen inakzeptabel. 

Wir brauchen genau das Gegenteil des gegenwärtigen Chaos. Die EU ist in diesen international komplizierten Zeiten gefordert wie nie, passende und international wettbewerbsfähige Rahmenbedingungen für die heimische Wirtschaft zu setzen. Wir sind hier zum Gelingen verdammt, die Folgen eines Scheiterns wären verheerend. Für den Einzelhandel ist jetzt insbesondere wichtig, dass die EU beim Thema faire Wettbewerbsbedingungen mit Onlineplattformen und Händlern aus Drittstaaten wie Temu und Shein konkrete und schnelle Ergebnisse auf den Tisch legt. Das Problem ist längst erkannt, hier muss nun rasch geliefert werden. Wer Waren im EU-Binnenmarkt verkauft, muss sich auch an alle unsere Regeln halten. Ansonsten ruiniert der unfaire Wettbewerb die heimische Wirtschaft. Da muss die EU samt den Nationalstaaten deutlich besser werden – Verstöße müssen spürbare Auswirkungen haben. 

Schon das gestern vorgestellte Arbeitsprogramm der EU-Kommission war mit Blick auf den Bürokratieabbau eine Enttäuschung. Es bleibt jetzt keine Zeit zum Wundenlecken. Nun müssen sich in Brüssel alle Vertreter demokratischer Parteien zusammenraufen und rasch zu Lösungen kommen, die die Wirtschaft wieder nach vorne bringen. Wir brauchen einen Economy-Deal, da muss jetzt Tempo rein. Jetzt ist nicht die Zeit für parteipolitische Spielchen, dafür sind die Zeiten zu ernst.“

Die Digitalisierung der Medizin eröffnet neue Möglichkeiten in Prävention, Diagnose und Therapie. Gleichzeitig stellt sie Forschende vor große Herausforderungen: Daten aus Wearables, Gesundheits-Apps oder mobilen Sensoren sind oft hochkomplex, unvollständig und individuell verschieden. Eleonora Carrozzo, Forscherin bei der Salzburg Research Forschungsgesellschaft, entwickelt daher neue statistische Methoden, die gezielt auf digitale Gesundheitsdaten zugeschnitten sind. Der Fokus der Forschungsarbeit liegt auf kardiovaskulärer Versorgung, aber auch Forschung mit kleinen Fallzahlen, wie etwa im Fall von seltenen Erkrankungen, werden profitieren.

Digitale Technologien wie Wearables, Gesundheits-Apps oder mobile Sensoren helfen dabei, Daten von Patientinnen und Patienten zu sammeln, z. B. zu Herzfrequenz, Bewegung oder Blutdruck. Besonders in der Prävention und Behandlung von Herz-Kreislauf-Erkrankungen bieten sie großes Potenzial: durch kontinuierliche Datenerfassung ermöglichen sie eine individuellere, patientenzentrierte Betreuung.
Doch die Analyse dieser Daten stellt die Forschung vor enorme Herausforderungen: hohe Datenkomplexität, Ausreißer, fehlende Werte oder geringe Fallzahlen, wie sie etwa bei seltenen Krankheiten auftreten. Eleonora Carrozzo widmet sich deshalb der Entwicklung neuer statistischer Methoden, die speziell für solche herausfordernden Gesundheitsdaten ausgelegt sind.

„Ziel meiner Arbeit ist, mit kleinen Fallzahlen, hoher Datenkomplexität oder fehlerhaften Werten trotzdem zu statistisch fundierten und klinisch relevanten Aussagen zu kommen“, sagt Eleonora Carrozzo von Salzburg Research.

Neue Statistik für neue Gesundheitsdaten
Ziel von Carrozzos Forschungsarbeit ist es, innovative Analyseverfahren zu schaffen, die auf sogenannten nichtparametrischen Methoden basieren. Diese kommen ohne strikte Annahmen über die Verteilung der Daten aus – und eignen sich daher besonders für digitale Gesundheitsdaten, die lückenhaft, hochdimensional, unregelmäßig oder stark individualisiert sind.

Carrozzo will damit bestehende methodische Lücken schließen und insbesondere medizinisches Fachpersonal unterstützen: Die neuen Werkzeuge sollen helfen, digitale Gesundheitsmaßnahmen fundiert zu bewerten und klinisch sinnvoll einzusetzen.

Aus der Forschung in die Praxis: R-Softwarepakete für klinische Anwendung
Ein besonderer Fokus liegt auf der praktischen Umsetzung: Die entwickelten Methoden werden in Form leicht nutzbarer Softwarepakete (R-Pakete) zur Verfügung gestellt. Diese sollen nicht nur in der Forschung, sondern auch in der klinischen Praxis oder in Evaluationsstudien zum Einsatz kommen. Auch komplexe Studiendesigns – etwa mit mehreren Gruppen oder sehr kleinen Stichproben, vielen Messzeitpunkten oder hochdimensionalen Daten – lassen sich mit den neuen Verfahren besser abbilden.

So werden fundierte Entscheidungen auch dann möglich, wenn klassische statistische Verfahren aufgrund einer dünnen Datenlage versagen würden.

Die Forschungsarbeit „Evaluating digital health interventions with complex designs“ wird im Programm Elise Richter vom österreichischen Wissenschaftsfonds FWF gefördert.

Über Dr. Anna Eleonora Carrozzo
Anna Eleonora Carrozzo ist Postdoktorandin bei der Salzburg Research Forschungsgesellschaft und an der Paris Lodron Universität Salzburg im gemeinsamen Programm EXDIGIT (gefördert vom Land Salzburg im Rahmen des Programms WISS2030). Zuvor war sie am Ludwig Boltzmann Institut für Digitale Gesundheit und Prävention in Salzburg tätig. Anna Eleonora Carrozzo promovierte 2016 an der Universität Padua im Bereich Management und Ingenieurwesen. Zuvor erwarb sie dort einen Masterabschluss in Statistik. Ihre Forschungsschwerpunkte liegen in den Bereichen Biostatistik, nichtparametrischen Statistik, statistischen Methoden in der medizinischen Forschung und der Datenwissenschaft im Bereich der digitalen Gesundheit.

A closed-loop recycling project has successfully transformed 24 tons of post-consumer textiles into nearly 50,000 garments for Dutch retailer Zeeman, with each product containing a high-rate of 70% recycled content. This achievement represents a major milestone in accelerating textile-to-textile recycling in Europe.  

The project was initiated by the Boer Group, with financing support from Refashion, both active partners of ReHubs. The entire value chain was established within Europe. Textiles were collected and sorted in France, before being prepared by mechanical recycling specialist Frankenhuis (part of the Boer Group) in the Netherlands, where colour sorting and defibration took place. Blue and white textiles were selected to naturally influence the colour of the final yarn. The feedstock was then transferred to Italy, where Spinaker spun the yarn and Stella Sky knitted the fabric. Zeeman, as the final customer, played a vital role by defining the type of product to be created and ensuring it aligned with consumer expectations. 
 
The project, which ran over eight months, was designed to test both the technical and financial feasibility of producing garments with high levels of recycled content in Europe. The project successfully showcases that post-consumer textiles can be transformed into high-quality yarns and garments, as well that a circular value chain with collaboration across collection, sorting, recycling, spinning, and manufacturing can be achieved within Europe. An accompanying environmental impact report confirmed the benefits of this approach by replacing conventional yarn with the yarn developed in this project, the environmental footprint of the product is significantly reduced, including lower GHG emissions, reduced water use, and decreased energy consumption. 

ReHubs’ recently updated strategy aims to break the supply-demand deadlock in which recyclers struggle to scale without brand commitments, and brands are lacking access to cost-competitive, reliable recycled fibers. This project shows how collaboration across the value chain from collection and sorting to recycling, spinning, and retail can deliver real products to the market.  

This project’s success highlights the power of collective action in transforming Europe’s textile waste into valuable new products. By uniting stakeholders with a shared vision, it has proven that closed-loop recycling is both technically possible and commercially viable. With a circular European value chain now demonstrated, this project sets a benchmark for future initiatives and strengthens momentum towards scaling textile-totextile recycling across Europe.  

ALLIED Feather + Down, a global leader in high performance, responsibly sourced, and sustainably processed down, recently secured Okeo-Tex® Standard 100 Certification and bluesign® approval for their ExpeDRY Ultra Dry Down insulation. 

Designed to outperform current chemistry-intensive hydrophobic down treatments and approved for safe use by the textile sustainability authorities at Okeo-Tex and bluesign, ExpeDRY is both cleaner and better performing than standard down treatments in real world situations. It is the result of years of research into how down and moisture interact inside of an insulation chamber. 

After bringing the world’s first hydrophobic down insulation to market, ALLIED learned that these traditional chemistries not only introduce PFAS and other questionable chemistries into the environment, but also lack performance as they tend to slow evaporation and retain moisture inside jackets and sleeping bags. While the down itself stays dry, water droplets can become trapped inside the insulation chamber, slowing dry times and compromising warmth. 

ExpeDRY uses FUZE Technologies’s unique gold micro particles to actively reduce moisture in the entire insulation chamber by slowing the formation of water droplets and speeding evaporation. Gold itself is inert, and with FUZE’s ability to control the size and shape of the particles, there is no concern over nano or cytotoxicity. And due to the minute size of the gold material, the amount needed in a common down jacket equates to roughly two grains of salt. Because of this, ALLIED is able to secure Oeko-Tex standard 100 certification and bluesign approval.

“For decades, there has been a fear of using metals to enhance performance, but this is all based on toxic, outdated, silver, zinc or copper ion release technology,” said Andrew Peterson, CTO of FUZE. “FUZE’s parent company is heavily involved in the biomedical space and its proprietary gold meta material technology aids in targeted pharmaceutical therapeutics and medical device development. By using this pharmaceutical grade material, ExpeDRY addresses all environmental and safety concerns, and we are glad to see the certifications backing this technology.” 

“As material innovation evolves and incorporates new solutions, globally recognized certifications play an increasingly important role in supporting sustainability claims and building trust with product developers and brands,” said Daniel Uretsky, President of ALLIED Feather + Down. “The Okeo-Tex Standard 100 certification and bluesign approval bring credibility to what we already know: ExpeDRY takes down, which is arguably the lowest impact insulation on the market, and elevates it to the highest performing insulation, all with less impact on the material than traditional hydrophobic chemistry.” 

ExpeDRY has been adopted worldwide by ALLIED partner brands and demand has quickly overtaken ALLIED’s own hydrophobic down treatment. Now, brands will have even more reason to adopt it. 

ALLIED will be exhibiting at Performance Days in Munich, Functional Fabric Fair in Portland , and ISPO in Munich. 

ISKO presents its SS27 collection at Kingpins Amsterdam, highlighting new developments in fabric innovation that bring together denim heritage and forward-looking design. Through unique fiber blends, summer denim is redefined by unprecedented material concepts and responsibly engineered fabrics. 
    

• Mechanica: a mono-material stretch concept delivering real elasticity through construction alone, made entirely from organic and recycled cotton, without synthetics. 
• Wondersoft: fabrics offering superior softness and comfort, crafted for a premium handfeel. 
• Lightweights: special fiber blends combining durability and breathability for summer wear. 
• Authentik: preserves the true denim look while adding wearability for everyday comfort. 
• Contemporary: expressive, character-driven constructions using new slubs and twills. 
• Expanded rigid range: new ring-spun slubs, twills, and textured constructions that enrich denim's natural depth and character. 

To meet evolving consumer demands and market trends, ISKO SS27 explores diverse thematic stories that combine heritage inspiration, contemporary style, and functional innovation: 

• Heritage: slub-heavy fabrics inspired by '70s workwear and Japanese denim. 
• Utility: rugged 2/1 constructions and linen wefts for authentic workwear appeal. 
• Neo Vintage & Y2K: resinized handfeels and nostalgic washdowns for a fashion-forward statement. 
• Sunbleached: lighter, faded tones and fresh overdyes for seasonal versatility. 

Color is a central element, with sun-faded shades in Sunbleached, grey tones such as Xenon Grey and Blue Stone, and raw, lived-in Dirty Whites. 

The collection further includes developments from ISKO™ Luxury by PG, blending advanced fabric innovation with refined design to bring denim into the luxury space. 

Finally, event-goers get to experience City Glam and D-Lite, two fabric concepts that explore a more fashion-driven approach to color and finishes, giving designers new opportunities to create expressive, contemporary denim while retaining authentic character. 

“SS27 is a clear expression of ISKO’s vision: to align creativity with market performance and sustainability,” said Tayfun Akbay, Chief Commercial Officer at ISKO. “This collection strengthens our offer to brands and designers seeking premium denim with lasting appeal: high-performing, responsibly made and rich in authentic character. Kingpins is where these ideas meet the market and where the next season’s opportunities begin.”

BW Converting announced that its Baldwin TexCoat® G4 precision spray finishing system has been validated through collaboration with Fashion for Good and Apparel Impact Institute (Aii). Following extensive trials and analysis, the technology is now recognized within Aii’s Climate Solutions Portfolio Registry as a proven solution for lowering carbon emissions and resource consumption across the global textile supply chain.
 
TexCoat G4 replaces traditional pad-based applications with non-contact precision spray technology, applying chemistry only where it is needed. The system delivers 40–50% energy savings, reduces water consumption and chemical use by up to 50% and eliminates chemical waste during job changeovers. These benefits help mills achieve significant sustainability targets while improving profitability and throughput.
 
The validation follows successful field trials in Europe and Asia, where TexCoat G4 has demonstrated substantial resource savings with no compromise to fabric quality. As part of Aii’s registry, the technology will now be visible to leading apparel brands and retailers that are actively sourcing scalable solutions to decarbonize textile wet processing. 
 
TexCoat G4’s patented non-contact spray process also streamlines operations by reducing downtime, enabling rapid changeovers and supporting traceability through full Industry 4.0 integration.

“Being recognized by both Fashion for Good and Aii underscores the impact of TexCoat G4 not only as an innovative finishing technology but as a verified climate solution,” said Yiannis Vasilonikolos, Global Sales Leader, Textiles, BW Converting. “We are proud that the data confirms what our customers experience every day: measurable reductions in energy, water and carbon footprint, paired with consistently high finishing quality. Together, this validation strengthens our ability to help textile producers meet the dual goals of sustainability and competitiveness.”

Freudenberg Performance Materials Apparel (Freudenberg Apparel) hat am 14. Oktober die Erweiterung seines Produktionsstandorts in Chennai, Indien eröffnet. Das Unternehmen expandiert seine Produktionsfläche um nahezu 2.000 Quadratmeter und führt neue Produktionslinien ein, die speziell auf den indischen Bekleidungsmarkt zugeschnitten sind. Die strategische Investition zielt darauf ab, die Durchlaufzeiten deutlich zu verkürzen und die Verfügbarkeit hochwertiger, lokal produzierter Einlagen für den sich schnell entwickelnden Bekleidungssektor in Indien und Südasien zu verbessern.

Die Erweiterung vergrößert die Produktionsfläche des Standortes von rund 3.700 auf rund 5.600 Quadratmeter. Zudem nimmt Freudenberg Apparel spezielle Produktionslinien für Einlagen aus 100 Prozent Baumwolle und 100 Prozent Polyester in Betrieb. Die neuen Produktionslinien ermöglichen insbesondere die lokale Produktion von Einlagen aus bi-elastischem Polyester für Oberhemden und Gewebeeinlagen aus Polyester. Dadurch kann die steigende Nachfrage nach innovativen, hochwertigen Materialien mit schnellerer Lieferung gedeckt werden.

Deutlich kürzere Vorlaufzeiten 
Der mit modernsten Maschinen ausgestattete erweiterte Standort verfügt nun über eine verbesserte interne Qualitätssicherung und beschleunigte Produktionsprozesse. Die Vorlaufzeiten für indische Kunden reduzieren sich aufgrund der lokalen Produktion von sechs bis acht Wochen auf nur ein bis zwei Wochen - verglichen mit bisherigen Importen aus China. Darüber hinaus können Kunden mit einem Kostenvorteil gegenüber zollpflichtigen Importwaren rechnen.

Support-Netzwerk für die indische Textilindustrie
Freudenberg Apparel hat seit der Expansion nach Indien im Jahr 1998 ein Support-Netzwerk für die indische Textilindustrie aufgebaut, darunter technische Studios in Chennai, Bangalore und Gurgaon. Diese Studios bieten technische Beratung, Lösungsdienstleistungen, technische Seminare, Trendkollektionen und Mockups, Empfehlungen für Einlagen und Audits für Fusing-Pressen – Dienstleistungen, die die erweiterten Fertigungskapazitäten ergänzen. 

Die neuen Produktionslinien ergänzen die bestehenden Kapazitäten für Pastendruck, 3P-Druck und Pulverdruck im Werk in Chennai und erweitern so die Palette der Produkte, die vor Ort hergestellt werden können.

Source Fashion, the UK’s leading responsible sourcing show, announced Redress as the headline catwalk partner for its return to Olympia London from 13–15 January 2026, spotlighting pioneering designers who are reshaping fashion through circular and sustainable design.

The Source Fashion Catwalk will take place three times daily, showcasing responsibly produced collections, trend-led designs, and cutting-edge innovation. Each show will present a compelling story of sustainability in practice, inspiring buyers with practical ideas they can implement directly from the show floor.

Based in Hong Kong, Redress is an Asia-focused environmental NGO on a mission to accelerate the transition to a circular fashion industry by educating and empowering designers and consumers to reduce clothing’s negative environmental impacts. In response to fashion’s unsustainable linear model of ‘take, make, use, and waste,’ Redress champions a circular economy that takes responsibility for a product’s entire lifecycle and its impact on the planet.

At the heart of its work is the Redress Design Award, a leading sustainable fashion design competition, which has built a global network of over 300 emerging designers pioneering circular and waste-reducing practices. This makes Redress an ideal partner for Source Fashion, as both organisations share a commitment to innovation, education, and driving real-world change in the fashion industry. Together, they are empowering the next generation of designers to reshape fashion’s future through creativity and responsibility.

For Source Fashion January 2026, Redress will select two to three Redress Design Award alumni to headline the catwalk. Their curated showcase will highlight innovation, circular design thinking, and a strong commitment to reducing environmental impact. The dynamic catwalk will run three times a day, offering a visual narrative of how responsible design and creative excellence can join forces to redefine the future of fashion.

“This partnership with Redress marks an exciting next chapter for the Source Fashion catwalk,” says Suzanne Ellingham, Director of Source Fashion. “Redress has been instrumental in nurturing some of the most forward-thinking designers working in sustainability today. Their alumni are proof that creativity and responsibility are not opposing forces, they’re the foundation of fashion’s future. By bringing their work to our stage, we’re giving buyers and brands a glimpse of what truly circular design can look like in practice.”

Christina Dean, Founder of Redress, “Our partnership with Source Fashion creates the perfect stage to show that sustainable fashion isn’t just a passing trend, it’s the future. By putting our Redress Design Award alumni in the spotlight, we’re proving that circular design can be innovative, beautiful, and commercially viable. This partnership is about inspiring the industry and showing that responsibility and creativity go hand in hand.”

Teysha Technologies has successfully validated KarmaCane, its patented sugar-derived biopolymer, in extreme field conditions. Products manufactured from KarmaCane withstood sub-zero temperatures and intense UV exposure during the record-breaking Mission: Everest expedition.

This real-world trial marks a turning point for the material platform, showing that biopolymers can perform under the harshest conditions while offering a safe and fully biodegradable end-of-life. KarmaCane has achieved OECD 310 biodegradability certification, confirming that it breaks down into non-harmful natural sugars rather than microplastics or acids.

A Versatile Materials Platform
The Everest test underscores KarmaCane’s ability to serve a wide variety of applications beyond eyewear. The platform can be engineered into very different formats:

• Hard solids for durable goods such as frames, tools, and structural components.
• Sticky liquids as natural film-formers in cosmetics, replacing synthetic polymers.
• Water-based dispersions as hydrophobic coatings for paper and cardboard packaging.
• Filaments for 3D printing, opening pathways for additive manufacturing.

This flexibility allows industries to adapt KarmaCane to specific needs, from packaging and consumer goods to medical devices and marine applications.

Manufacturing & Scale
KarmaCane has already been validated across multiple production methods:

• Extrusion into pellets and filaments.
• Injection moulding at lab scale.
• Hydrophobic coatings for fibre- and paper-based packaging.

Teysha is preparing to scale monomer production to tonne-level manufacture, using third-party industrial assets to expand rapidly without infrastructure bottlenecks. Early modelling indicates KarmaCane products will be cost-competitive with PET, ABS and other mainstream plastics once at scale.

Commercial Potential Across Sectors
KarmaCane’s design directly addresses regulatory and commercial pressures:

• Cosmetics: Eliminates the need for microplastics used as thickeners, stabilisers and film-formers. Replacing these polymers could remove up to 8,700 tonnes annually from the cosmetics sector alone.
• Packaging: Early coating trials show water-resistant barriers for paper and cardboard without plastic laminates.
• Marine environments: Rapid aquatic biodegradation without persistent fragments makes KarmaCane suitable for coastal and offshore use.
• Medical: Degradation into alcohol and CO₂ rather than acids could reduce inflammation risks compared to existing biodegradable polymers.

Market Context
Global regulation is driving urgent demand for sustainable alternatives:

• The European Chemicals Agency (ECHA) is rolling out restrictions on microplastics in consumer products.
• International bans on single-use plastics are accelerating the need for scalable biodegradable solutions.

Matthew Stone, CEO of Teysha Technologies says that “The Everest test proves KarmaCane can survive the harshest environments. But more importantly, it shows that our polymer platform can be engineered to meet the needs of very different industries — from packaging to cosmetics to medical applications.”

Karen Wooley, CTO and inventor at Teysha Technologies explains, “KarmaCane is not just one product. It’s a materials platform. We can design it as a solid, a liquid, or a water-based suspension, depending on the application. That versatility sets it apart from other biopolymers and is key to scaling sustainable solutions.”

Teysha Technologies develops biodegradable polymers from natural sources to replace petroleum-based plastics across multiple industries. Founded in 2017, the company has secured multiple patents for its KarmaCane biopolymer platform and maintains research partnerships with Texas A&M University and other leading institutions.

“We delivered another very strong quarter as our pivot to becoming a DTC-first, head-to-toe denim lifestyle retailer is driving a meaningful inflection in our financial performance,” said Michelle Gass, President and CEO of Levi Strauss & Co. “With strength across channels, segments and categories, we are raising our full-year outlook and are well-positioned for the holiday season. While the macro environment remains complex, the consistency of our performance and operational agility gives me confidence that we will deliver sustained, profitable growth into 2026 and beyond.” 

“Our Q3 results demonstrate the power of our strategic transformation, with strong financial performance exceeding expectations across all key metrics including sales, gross margin, adjusted EBIT margin and adjusted diluted EPS,” said Harmit Singh, Chief Financial and Growth Officer of Levi Strauss & Co. “With four consecutive quarters of high-single-digit growth and record gross margins driven by our focus on profitability across the organization, we are raising our full-year revenue and adjusted diluted EPS expectations. We have built strong momentum that positions us well to continue delivering strong shareholder value next year and in the years to come.”

Financial Highlights 

• Net Revenues of $1.5 billion were up 7% on a reported and organic basis versus Q3 2024:
• In the Americas, net revenues increased 6% on a reported basis and 7% on an organic basis. Within the Americas, the U.S. grew 3% on an organic basis. 
• In Europe, net revenues increased 5% on a reported basis and 3% on an organic basis. 
• In Asia, net revenues increased 12% on a reported basis and organic basis. 
• Beyond Yoga® net revenues increased 2% on a reported and organic basis. 
• DTC (Direct-to-Consumer) net revenues increased 11% on a reported basis and 9% on an organic basis. DTC growth on an organic basis reflected a 7% increase in the U.S., a 4% increase in Europe and a 14% increase in Asia. Net revenues from e-commerce grew 18% on a reported basis and 16% on an organic basis. DTC comprised 46% of total net revenues in the third quarter. 
• Wholesale net revenues increased 3% on a reported basis and 5% on an organic basis.