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Holger Max-Lang, neuer Geschäftsführer Lectra Deutschland. © Lectra Deutschland GmbH
Holger Max-Lang, neuer Geschäftsführer Lectra Deutschland.
23.01.2018

Lectra Germany appoints Holger Max-Lang as Managing Director

Lectra, the technological partner for companies using fabrics and leather, is pleased to announce the appointment of Holger Max-Lang as Managing Director of Lectra Central & Eastern Europe region, Russia. Holger Max-Lang is based in Ismaning, near Munich, Germany.

Central & Eastern Europe and Russia is a strategic region for Lectra, offering strong potential in the Group’s main market sectors thanks to: a robust automotive industry; a dynamic furniture industry, especially in Germany and Poland; and a close connection between fashion brands in Germany, Austria, Switzerland and suppliers in Eastern Europe.

Holger Max-Lang will focus on delivering Lectra’s customer-focused strategy to empower fashion & apparel, automotive and furniture businesses to succeed as they embrace Industry 4.0. Anchored in the digitalization of industrial processes, from design to production, Industry 4.0 is redefining how factories are organized; smart and connected, they are driving the value chain, propelling a new digitalized lifecycle for products. 

Lectra, the technological partner for companies using fabrics and leather, is pleased to announce the appointment of Holger Max-Lang as Managing Director of Lectra Central & Eastern Europe region, Russia. Holger Max-Lang is based in Ismaning, near Munich, Germany.

Central & Eastern Europe and Russia is a strategic region for Lectra, offering strong potential in the Group’s main market sectors thanks to: a robust automotive industry; a dynamic furniture industry, especially in Germany and Poland; and a close connection between fashion brands in Germany, Austria, Switzerland and suppliers in Eastern Europe.

Holger Max-Lang will focus on delivering Lectra’s customer-focused strategy to empower fashion & apparel, automotive and furniture businesses to succeed as they embrace Industry 4.0. Anchored in the digitalization of industrial processes, from design to production, Industry 4.0 is redefining how factories are organized; smart and connected, they are driving the value chain, propelling a new digitalized lifecycle for products. 

“The transformation to Industry 4.0 is in full swing: the Industrial Internet of Things, Software as a Service (SaaS), cloud technology, data analyses and data exploitation have become key,” underlines Daniel Harari, Chairman and Chief Executive Officer, Lectra. “Working for Lectra for over 15 years, Holger has a deep experience and knowledge of Lectra’s DNA, and is in a very strong position to support our customers in the digitalization of their processes.”

“Industry 4.0. started in Germany. Therefore, many companies are keen to adopt its principles in our region. Lectra is very well-positioned to support our customers in their transformation,“ says Holger Max-Lang.In my role, I am looking forward to a growing dialogue with our customers and prospects, to bring them a full understanding of the expertise we have built - and are building. We will leverage this expertise to boost our customers’ competitiveness and generate higher added-value for their businesses.”

Following marketing and sales positions in the IT and automotive industry sectors, Holger joined Lectra Germany in September 2002 as a salesperson for automotive accounts. He then held diverse sales’ roles in the region, including the position of Sales Manager for all Lectra markets in Central & Eastern Europe region, Russia. Since September 2017 Holger has held the role of Business Development Director, Automotive, with the responsibility to develop the leather cutting activity worldwide.

Source:

Lectra Deutschland GmbH

Sanitized®Odoractiv 10 (c) SANITIZED AG
Sanitized®Odoractiv 10
16.01.2018

Goodbye „Permastink“! Innovative odor-management for functional polyester textiles

Sanitized®Odoractiv 10 with patented, dual-action technology

SANITIZED AG presents a new unique dimension to odor-management for functional polyester textiles. The newly developed wash-resistant Sanitized®Odoractiv 10 has a dual-action effect: on the one hand it prevents the bacteria from docking on the textile, and on the other, it adsorbs odors whilst the garment is being worn. The underlying technology that has been further developed was awarded the Swiss Technology Award. Goodbye permastink!

Sanitized®Odoractiv 10 with patented, dual-action technology

SANITIZED AG presents a new unique dimension to odor-management for functional polyester textiles. The newly developed wash-resistant Sanitized®Odoractiv 10 has a dual-action effect: on the one hand it prevents the bacteria from docking on the textile, and on the other, it adsorbs odors whilst the garment is being worn. The underlying technology that has been further developed was awarded the Swiss Technology Award. Goodbye permastink!

Manufacturers of functional polyester textiles from all over the world face the same challenge: freshly washed garments develop an unpleasant odor even after a short wearing period. The cause of this undesirable effect is not the human perspiration itself, but the bacteria that break down the perspiration. This process of decomposition generates the characteristic sweet, pungent smell. Once the bacteria, or the odor molecules, have penetrated into the surface of the polyester textile, they remain there permanently. Machine wash cycles and special detergents will never completely eliminate them. The bacterial colonization produces a biofilm on the polyester, which not only causes unpleasant odors, but also has a negative impact on the properties of the material.

Surface modulation with anti-adhesive properties
This is exactly where the new, dual-action technology from SANITZED AG comes into play: the surface of the textile is "coated" with Sanitized®Odoractiv 10 in the padding process. This creates a protective film on the surface of the textile. The bacteria use this anti-adhesive protective film as the basis for latching onto the garment. The bacteria can therefore be completely washed out in a normal wash cycle, consequently preventing any biofilm from forming. An anti-adhesion test method was developed in cooperation with EMPA to prove this Wash Effect.

The second advantage: Sanitized®Odoractiv 10 has a high adsorbing effect. Odors are "trapped" and removed during a normal wash cycle. The new product is the result of a technology that has been further developed and was awarded the Swiss Technology Award. The odor adsorption is identified using GC-MS.

As the Product Manager at SANITIZED AG, Urs Zihlmann, succinctly puts it: "Sanitized®Odoractiv 10 marks the end of permastink in polyester textiles." Sanitized®Odoractiv 10 can be combined with other Sanitized®products, in particular with products based on zinc pyrithione. The treatment does not influence the feel of the final treated textile.

Wash-resistant, sustainable and still "no nano"
The odor-reducing function is clearly still going strong even after 50 wash cycles. This is even the case if garments are washed at 30°C, either by hand or in the machine, meaning consumers save on water and energy, not to mention that the piece of clothing will look great for longer.

As with all its other products, SANITZED AG does not use any nano technology. The Hohenstein Institute has awarded the company the rating Skin Friendly, the bluesign®registration is underway. The product also bears the label Eco Passport by OEKO-TEX®.

"The unique, dual Odor Control Function of Sanitized®Odoractiv 10 enjoys a unique position in the market and it furthermore fulfills two market requirements: the prevention of permastink and the minimization of odor intensity during wear. Almost all manufacturers of functional polyester textiles are confronted with this problem," commented Urs Zihlmann. "The new technology creates tangible added value for consumers. This is a competitive differentiating
advantage for global marketing."

As with all other products, the service provided by SANITIZED AG includes technological advice before and during production, in the definition of the verified efficacy and in the use of the Sanitized®Ingredient Brand for promotional purposes.

Source:

PR-Büro Heinhöfer

Oerlikon Neumag at Domotex 2018 ©Oerlikon Neumag
The Sytec One from Oerlikon Neumag guarantees cost-efficient BCF yarn production in demanding processes.
11.01.2018

Oerlikon Neumag at Domotex 2018

Cost-efficient BCF yarn production for demanding processes with Sytec One from Oerlikon Neumag

Cost-efficient production of carpet yarns beyond commodity products can constitute a challenge. Highly standardized production systems must strike compromises with regard to throughput, quality or cost-efficiency. At the Domotex 2018, the world's largest trade fair for floor coverings, Oerlikon Neumag will present the Sytec One solution for demanding BCF processes.

The Sytec One is a BCF plant with only one end per position. Due to this single-end characteristic, it is particularly well suited for demanding production processes, such as recycled polyester or fine filaments. The reason: In the event of a yarn break, only one end breaks. All the other positions are not affected and continue to run. As a result, this plant has a higher efficiency compared with a multi-end technology plant. For example, with ten breaks a day, the efficiency of the Sytec One is still over 98%, while a threeend technology achieves only 92% efficiency.

Higher productivity due to the straight yarn path

Cost-efficient BCF yarn production for demanding processes with Sytec One from Oerlikon Neumag

Cost-efficient production of carpet yarns beyond commodity products can constitute a challenge. Highly standardized production systems must strike compromises with regard to throughput, quality or cost-efficiency. At the Domotex 2018, the world's largest trade fair for floor coverings, Oerlikon Neumag will present the Sytec One solution for demanding BCF processes.

The Sytec One is a BCF plant with only one end per position. Due to this single-end characteristic, it is particularly well suited for demanding production processes, such as recycled polyester or fine filaments. The reason: In the event of a yarn break, only one end breaks. All the other positions are not affected and continue to run. As a result, this plant has a higher efficiency compared with a multi-end technology plant. For example, with ten breaks a day, the efficiency of the Sytec One is still over 98%, while a threeend technology achieves only 92% efficiency.

Higher productivity due to the straight yarn path

The machine concept of the Sytec One with its absolutely straight yarn path in spinning and texturing also enables significantly higher process speeds compared to multi-end technologies. This results in a speed increase of up to 15%. In addition to standard processes, more demanding processes with higher break rates play an increasingly important role. "The product mix is critical to the choice of technology," said Martin Rademacher, vice president of sales Oerlikon Neumag. "We are in the comfortable position of being able to offer our customers both a single-end and a three-end technology."

More information:
Oerlikon Neumag Heimtextilien
Source:

©Oerlikon Marketing, Corporate Communications & Public Affairs

Schoeller Winter 2019/20 Fabric Collection – Focus on Lifestyle © Schoeller Textil AG
Multicolor
11.01.2018

Schoeller Winter 2019/20 Fabric Collection – Focus on Lifestyle

  • Metallic sheen and concealed safety

Net-like structures, metallic sheen, concealed safety, naturally-warming fabrics with Nilit® Heat yarn made of coffee charcoal and PFC-free bio technologies based on renewable raw materials are just some of the highlights of the Schoeller 2019/20 Winter Collection, developed and produced amidst the mountains of Switzerland. Color effects create metallic surfaces on functional textiles and exciting multi-colored looks with richly contrasting reverses.

METALLIC SHINE

The new schoeller®-spirit qualities provide grand style in winter 2019/20. The softly-flowing warp-knitted goods play with transparency and metallic looks. In forest green, silver or copper and aluminized reverse, this season’s  showpieces are also reflective. This play with light continues in the crosswise elastic lightweight with a reflecting dot design. This cool print with concealed safety in two-tone silver grey or khaki green ensures outstanding visibility at twilight. Additional water repellence is provided by the fluorocarbon-free ecorepel® Bio technology, based on renewable raw materials.

  • Metallic sheen and concealed safety

Net-like structures, metallic sheen, concealed safety, naturally-warming fabrics with Nilit® Heat yarn made of coffee charcoal and PFC-free bio technologies based on renewable raw materials are just some of the highlights of the Schoeller 2019/20 Winter Collection, developed and produced amidst the mountains of Switzerland. Color effects create metallic surfaces on functional textiles and exciting multi-colored looks with richly contrasting reverses.

METALLIC SHINE

The new schoeller®-spirit qualities provide grand style in winter 2019/20. The softly-flowing warp-knitted goods play with transparency and metallic looks. In forest green, silver or copper and aluminized reverse, this season’s  showpieces are also reflective. This play with light continues in the crosswise elastic lightweight with a reflecting dot design. This cool print with concealed safety in two-tone silver grey or khaki green ensures outstanding visibility at twilight. Additional water repellence is provided by the fluorocarbon-free ecorepel® Bio technology, based on renewable raw materials.

WARM FABRICS

The new schoeller®-dryskin qualities ensure a pleasantly warm body climate in winter 2019/20. Thanks to the insulating Nilit® Heat yarn on the interior, which captures and stores the body’s own heat, these fabrics warm the wearer naturally. This unique yarn produced using coffee charcoal posseses antibacterial properties and offers maximum clothing comfort at winter temperatures. The focused pants and jacket qualities in a variety of weights in fresh mandarin, deep aubergine, petrol or light stone also impress with their high abrasion resistance, ideal moisture management and reliable water repellence thanks to PFC-free ecorepel® Bio technology. The same natural heat retention is offered by the cozy schoeller®-naturetec in washable, mulesing-free wool and ecorepel® Bio in dark petrol, navy or rust.

MULTI COLOR

In addition to sustainable fabrics and technologies, winter 2019/20 is dominated by multi-coloration. The highly-elastic multi-colored schoeller®-prestige and schoeller®-dryskinqualities lead to completely new color effects and nuances. Ever-changing, exciting effects result from beautiful mossy greens and dark blue and grey variations to burnt henna and chocolate color combinations. Always with a contrasting color on the reverse, they are real eye-catchers which of course also impress in functional terms. In addition, the schoeller®-dryskin qualities are finished with the PFC-free ecorepel® Bio technology.

Nilit® Heat is a registered trademark of NILIT Ltd.

UNION KNOPF MENSWEAR SPRING|SUMMER 19 © Union Knopf
UNION KNOPF MENSWEAR SPRING|SUMMER 19
27.12.2017

Union Knopf Menswear kicks off the new season with optimism

After a successful start to the trade show season for Spring/Summer 2019 at View in Munich this December, the company, which is set to exit insolvency proceedings in spring 2018, is presenting its new collection to the industry. The management team is banking on continuity.

As in previous years, Union Knopf Menswear will be present at all relevant trade shows in Europe: at the Textile Fashion Show in London from 10 to 11 January 2018 at The Business Design Centre, London; at Preview Fabrics & Accessories from 24 to 25 January at Showroom, Nacka strand, Stockholm; at Munich Fabric Start from 30 January to 01 February 2018 at MOC, Lilienthalallee 40 in Munich (Stand H1 A02) as well as at the end-of-season Première Vision from 13 to 15 February 2018 (Stand 4F03/4G04) at the Parc des Expositions in Paris.

Union Knopf Menswear expects to exit insolvency proceedings strengthened and clearly positioned and sincerely appreciates its customers and their continued loyalty through uncertain times.

 

After a successful start to the trade show season for Spring/Summer 2019 at View in Munich this December, the company, which is set to exit insolvency proceedings in spring 2018, is presenting its new collection to the industry. The management team is banking on continuity.

As in previous years, Union Knopf Menswear will be present at all relevant trade shows in Europe: at the Textile Fashion Show in London from 10 to 11 January 2018 at The Business Design Centre, London; at Preview Fabrics & Accessories from 24 to 25 January at Showroom, Nacka strand, Stockholm; at Munich Fabric Start from 30 January to 01 February 2018 at MOC, Lilienthalallee 40 in Munich (Stand H1 A02) as well as at the end-of-season Première Vision from 13 to 15 February 2018 (Stand 4F03/4G04) at the Parc des Expositions in Paris.

Union Knopf Menswear expects to exit insolvency proceedings strengthened and clearly positioned and sincerely appreciates its customers and their continued loyalty through uncertain times.

 

21.12.2017

Montalvo Promotes New Director of Sales and Marketing

Gorham, ME, USA – Montalvo, international specialists in web tension control, has promoted Bryon Williams to Director of Sales and Marketing. Mr. William’s will oversee Montalvo’s North America sales efforts, and global marketing strategy with an emphasis on building relationships within existing and new industries, managing Montalvo’s internal and external sales team, and continuing to further Montalvo’s marketing strategy. Previously Mr. Williams worked as Montalvo’s Global Marketing Manager.

Montalvo’s CEO Robin Goodwin says “Bryon has been with Montalvo since 2010, during which time he has shaped and elevated our global branding and marketing strategy while helping to manage our product portfolio. Bryon is highly committed to delivering excellence both internally and externally, directly benefitting our customers and his colleagues. He will bring this commitment and dedication to his new role, to grow Montalvo even further.”

Gorham, ME, USA – Montalvo, international specialists in web tension control, has promoted Bryon Williams to Director of Sales and Marketing. Mr. William’s will oversee Montalvo’s North America sales efforts, and global marketing strategy with an emphasis on building relationships within existing and new industries, managing Montalvo’s internal and external sales team, and continuing to further Montalvo’s marketing strategy. Previously Mr. Williams worked as Montalvo’s Global Marketing Manager.

Montalvo’s CEO Robin Goodwin says “Bryon has been with Montalvo since 2010, during which time he has shaped and elevated our global branding and marketing strategy while helping to manage our product portfolio. Bryon is highly committed to delivering excellence both internally and externally, directly benefitting our customers and his colleagues. He will bring this commitment and dedication to his new role, to grow Montalvo even further.”

Before Montalvo, Mr. Williams specialized in customer communication and marketing coordination at JobsintheUS.com and Sunday River Ski Resort. Mr. Williams attended Bryant University and earned a Bachelor’s in Business Administrant in Marking and Communication and is currently earning his Masters of Business Administration in Leadership from Saint Joseph’s College of Maine.

Source:

The Montalvo Corporation

 

DSM-Niaga announces research collaboration with ECOR © Niaga
Niaga Productionline
20.12.2017

DSM-Niaga announces research collaboration with ECOR

Geleen, NL - Royal DSM, a global science-based company active in health, nutrition and materials, today announces that DSM-Niaga and ECOR are to start a research collaboration. The collaboration will focus on developing fully recyclable and healthier alternatives for particleboard, MDF and other panel materials which can be used in industries such as building & construction, furniture, interior decoration and displays. ECOR offers technology for circular materials and has an R&D facility in Venlo, the Netherlands.

Looking at the piles of waste generated by the interior and construction industries, design for recycling is inevitable. Both ECOR and DSM-Niaga have been redesigning products to be fully recyclable back into the same product. The irreversible combination of materials and ingredients used in most products made with MDF and particleboard is the biggest challenge for technically and economically feasible recycling. Both ECOR and DSM-Niaga want to outsmart complexity for healthier and recyclable products.

Geleen, NL - Royal DSM, a global science-based company active in health, nutrition and materials, today announces that DSM-Niaga and ECOR are to start a research collaboration. The collaboration will focus on developing fully recyclable and healthier alternatives for particleboard, MDF and other panel materials which can be used in industries such as building & construction, furniture, interior decoration and displays. ECOR offers technology for circular materials and has an R&D facility in Venlo, the Netherlands.

Looking at the piles of waste generated by the interior and construction industries, design for recycling is inevitable. Both ECOR and DSM-Niaga have been redesigning products to be fully recyclable back into the same product. The irreversible combination of materials and ingredients used in most products made with MDF and particleboard is the biggest challenge for technically and economically feasible recycling. Both ECOR and DSM-Niaga want to outsmart complexity for healthier and recyclable products.

Eric Logtens, CEO ECOR-NOBLE Environmental Benelux commented: “The concept that traditional materials like tabletops are up for incineration or disposal after their life cycle will be eliminated. Combining ECOR and Niaga® technologies, the core materials of products can be made from recycled content, and can be fully recycled after use.”

Chris Reutelingsperger, Chief Technology Officer DSM-Niaga commented: “By combining ECOR and Niaga, waste becomes a treasure. I can’t stop thinking of all the possibilities, and I hope that designers will approach us for ideas to make beautiful products and challenge us to broaden the possibilities of these technologies.”

In recent months ECOR and DSM-Niaga explored a collaboration by combining each other’s technologies. The technology of ECOR can make materials from natural fibers, with water, pressure and heat alone. DSM-Niaga manufactures products by using a reversible adhesive. This adhesive enables easy decoupling of different material layers, for full recovery and high value recycling. Both technologies were combined and tested in diverse product applications, like furniture and displays. The preliminary results led to further investigating of applications and will lead to new fully recyclable products.

Both technologies combined offer a fully recyclable alternative to all products made from MDF and particleboard, without compromising on material safety, quality, and recyclability. The joint objective of both companies is to offer manufacturing processes to local companies, solving local waste problems and boosting local economies on a global scale.

More information:
ECOR DSM-Niaga
Source:

DSM Media Relations

Unique ROICA™ Premium Stretch Innovations @ ISPO Brandnew Village © ROICA™
18.12.2017

Unique ROICA™ Premium Stretch Innovations @ ISPO Brandnew Village

  • Unique ROICA™ Premium Stretch Innovations for the Active Wardrobe Debuts @ ISPO Brandnew Village
  • Hall B4, Booth No. B4.430 BN 02 Munich 28th-31th January 2018

Come and enjoy a real dedication to Responsible Innovation and Wellbeing in our new ROICA™  booth experience for Fabric Innovation inspiring the ROICA™ Active Wardrobe and the international ROICA™ Closet. Together, they will guide you to new hi-tech performance solutions in our partners unique stretch ideas, designed to meet both contemporary business and astute consumer desires. These latest ROICA™ innovations will be presented within the special ISPO BrandNew arena, a new high visibility concept of creativity revealed inside ISPO that truly matches the core DNA and values of the ROICA™ premium stretch brand.

ROICA™ will present The Modern Wardrobe concept in 3 distinct dimensions.

Together they bring to life our new stretch solutions that fit the supply chain for our target consumer confirming a clear brand identity that redefines performance creativity.

  • Unique ROICA™ Premium Stretch Innovations for the Active Wardrobe Debuts @ ISPO Brandnew Village
  • Hall B4, Booth No. B4.430 BN 02 Munich 28th-31th January 2018

Come and enjoy a real dedication to Responsible Innovation and Wellbeing in our new ROICA™  booth experience for Fabric Innovation inspiring the ROICA™ Active Wardrobe and the international ROICA™ Closet. Together, they will guide you to new hi-tech performance solutions in our partners unique stretch ideas, designed to meet both contemporary business and astute consumer desires. These latest ROICA™ innovations will be presented within the special ISPO BrandNew arena, a new high visibility concept of creativity revealed inside ISPO that truly matches the core DNA and values of the ROICA™ premium stretch brand.

ROICA™ will present The Modern Wardrobe concept in 3 distinct dimensions.

Together they bring to life our new stretch solutions that fit the supply chain for our target consumer confirming a clear brand identity that redefines performance creativity.

1 ROICA™ ACTIVE WARDROBE: Come and see leading commercial fashion ranges ready for the Summer 2018, that include the ROICA™ Eco Smart family and the ROICA™ Feel Good family of unique premium stretch yarn solutions.

2 ROICA™ INNOVATION: Here you can find the latest textile performance innovations from our partner mills to inspire even more brand creativity.

The ROICA™ Fabric Gallery is a rich and varied fabric offer that focuses on:
•    The revolutionary ROICA™ Eco Smart family of sustainably designed stretch yarns. These yarns are either GRS certified, or have the Cradle-to-Cradle Innovation Institute GOLD LEVEL certificate for material health, plus the Hohenstein Environment Certificate, where at its end-of-life, it smartly breaks down releasing less harmful materials. These unique commercialized solutions suites for intimates, athleisure, sportswear, and more.
•    The unique ROICA™ Feel Good family promises a new level of performance with ‘feel-good comfort’ and freshness. The ROICA™ CF yarn delivers an odor-neutralizing durable function in wash and wear because its active ingredient is locked inside the yarn and only requires a modest % to perform in most fabric structures.
•    A new ROICA™ Stretch Energy™ is a truly verified heat-generating system that combines a customised ROICA™ polymer with special fabric structures where a stretch and recovery action produces real warmth, maintaining support during exercise.

3 ROICA™ CLOSET: In this zone you can explore new ROICA™ garment designs from our experimental laboratory, using innovative Japanese fabric creativity.

Also at our ROICA™ booth, you will be able to explore sister brand Cupro innovations, designed responsibly for a new, luxe view of athleisure sportswear.

Today, the ROICA™ premium stretch brand sets the highest quality standards that are uniquely specialized and certificated perfectly focused on responsible performance for the active sportswear, swimwear and athliesure wear categories, making it the ‘smart-fit’ for the ISPO BrandNew Village presentation.

More information:
ROICA ISPO Brandnew Village
Source:

GB Network Marketing & Communication

18.12.2017

Tencent, JD.com and Vipshop Announce Equity Investment and Business Cooperation

Beijing - Tencent Holdings Limited (“Tencent”) (00700.HK), JD.com, Inc. (“JD.com”) (NASDAQ:JD), and Vipshop Holdings Limited (“Vipshop”) (NYSE:VIPS), today jointly announced that Tencent, a leading provider of internet value-added services in China, and JD.com, China’s largest retailer, have entered into definitive agreements with Vipshop, a leading online discount retailer for brands in China, such that Tencent and JD.com will invest an aggregate amount of approximately US$863 million in cash in Vipshop at the closing of the transaction.

 

Beijing - Tencent Holdings Limited (“Tencent”) (00700.HK), JD.com, Inc. (“JD.com”) (NASDAQ:JD), and Vipshop Holdings Limited (“Vipshop”) (NYSE:VIPS), today jointly announced that Tencent, a leading provider of internet value-added services in China, and JD.com, China’s largest retailer, have entered into definitive agreements with Vipshop, a leading online discount retailer for brands in China, such that Tencent and JD.com will invest an aggregate amount of approximately US$863 million in cash in Vipshop at the closing of the transaction.

 

Pursuant to the share subscription agreement, Tencent and JD.com will subscribe for newly issued Class A ordinary shares of Vipshop in the amount of approximately US$604 million and approximately US$259 million, respectively. The purchase price will be US$65.40 per Class A ordinary share, which is equivalent to US$13.08 per American Depositary Share (“ADS”) of Vipshop, five of which represent one Class A ordinary share. The purchase price represents a 55% premium over the closing price of the ADSs as of the last trading day on December 15, 2017.

The transaction is expected to close in the near future, subject to customary closing conditions.  Upon the closing, Tencent and JD.com will beneficially own, taking into account any existing holding, approximately 7% and 5.5%, respectively, of Vipshop’s total issued shares. The Class A ordinary shares issued to Tencent and JD.com will be subject to a two-year lock up restriction. Tencent and JD.com will have the right to appoint a director and an observer, respectively, to Vipshop’s board of directors during the two-year lockup period. After the end of the lock-up period, for so long as Tencent and JD.com hold approximately 12% and 8%, respectively, of Vipshop’s total issued shares, or otherwise by mutual agreement with Vipshop, they will maintain director and board observer rights.

Concurrently with the entry of the share subscription agreement, Tencent and JD.com have entered into business cooperation agreements with Vipshop, effective upon closing, establishing a cooperative relationship among Tencent, JD.com and Vipshop. Under these agreements, Tencent will grant Vipshop an entry on the interface of Weixin Wallet enabling Vipshop to utilize traffic from Tencent’s Weixin platform, and JD.com will grant Vipshop entries on both the main page of JD.com’s mobile application and the main page of its Weixin Discovery shopping entry, and will assist Vipshop in achieving certain GMV targets through JD.com’s platform.   

“I am truly delighted about Vipshop's new strategic cooperation relationships with Tencent and JD.com,” said Mr. Eric Ya Shen, Vipshop’s Co-founder, Chairman of the Board of Directors and Chief Executive Officer. “This undoubtedly is an important event for Vipshop as well as China's e-commerce and internet industries. We, together with Tencent and JD.com, will leverage our respective strengths to form a strategic cooperative alliance aiming to achieve a deep, win-win cooperation and to benefit internet users and consumers. We will develop a holistic cooperation with Tencent on the Weixin platform and expand our strategic alliance with Tencent into more and broader areas.  We will explore win-win opportunities in multiple areas with JD.com, including establishing a strategic alliance in collaboration with brand suppliers, and an on-line traffic alliance. We will continue to operate as an independent e-commerce platform and further deepen and enhance our leading e-commerce capabilities in fashion (including apparel, shoes, bags and accessories) and cosmetics categories as well as our strong female user base, thereby offering higher value and better user experience to our customers.”

“The strength of Vipshop’s flash sale and apparel businesses, as well as its outstanding management team, create clear and strong synergies with us,” said Richard Liu, Chairman and CEO of JD.com. “This partnership will further extend the strong inroads that we have made with female shoppers, and will expand the breadth and reach of our fashion business. We continue to add the top-notch partners to complement JD.com’s core strengths, ensuring that JD and our partners provide the best customer experience for every shopping need.”

Martin Lau, President of Tencent Holdings, said, “We are pleased to become strategic investor in and partner with Vipshop. We look forward to providing Vipshop with our audiences, marketing solutions, and payment support to help the company provide branded apparel and other product categories to China’s rising middle class. We already see substantial demand from our users to discover, discuss and purchase branded apparel in our applications, and we believe that connecting our users more deeply to products on Vipshop’s platform will enrich their online experiences while benefiting Vipshop. We are proud of the role our resources such as marketing technology, payments handling, and machine learning play in facilitating a healthy and diverse retail ecosystem, online and offline.” 

About JD.com, Inc.

JD.com is both the largest e-commerce company in China, and the largest Chinese retailer, by revenue. The company strives to offer consumers the best online shopping experience. Through its user-friendly website, native mobile apps, and WeChat and Mobile QQ entry points, JD offers consumers a superior shopping experience. The company has the largest fulfillment infrastructure of any e-commerce company in China. As of September 30, 2017, JD.com operated 7 fulfillment centers and 405 warehouses covering 2,830 counties and districts across China, staffed by its own employees. JD.com is a member of the NASDAQ100 and a Fortune Global 500 company.

About Vipshop Holdings Limited

Vipshop Holdings Limited is a leading online discount retailer for brands in China. Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. For more information, please visit www.vip.com.

About Tencent Holdings Limited

Tencent uses technology to enrich the lives of Internet users. Our social products Weixin and QQ link our users to a rich digital content catalogue including games, video, music and books. Our proprietary targeting technology helps advertisers reach out to hundreds of millions of consumers in China. Our infrastructure services including payment, security, cloud and artificial intelligence create differentiated offerings and support our partners’ business growth. Tencent invests heavily in people and innovation, enabling us to evolve with the Internet. Tencent was founded in Shenzhen, China, in 1998. Shares of Tencent (00700.hk) are traded on the Main Board of the Stock Exchange of Hong Kong.

 

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, statements regarding the expected closing of the transactions and the quotations from management in this announcement are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to, those included in JD.com’s and Vipshop’s filings with the SEC and in Tencent’s filings with the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and none of Tencent, JD.com or Vipshop undertake any duty to update such information, except as required under applicable law.

Source:

© JD.com

Union Knopf Menswear Spring/Summer 19 ©Union Knopf
Vegetable ivory
17.12.2017

Union Knopf Menswear Spring/Summer 19

  • Subtly accentuated classics and vibrant colors in sportswear

The collections are evolving, featuring a sharpened profile and improved focus. In narrowing the focus, eye-catchers and favorite pieces become even more important. At the same time every brand has to carefully consider where and how it wants to position itself. Trims and accessories, especially buttons, are an ideal way of harnessing and playing to this trend. The broad variety of classic pieces for Season SS 19 is also reflected in the diversity of trims and accessories used. Garment and button enter into a dialogue that, while subtle, is always valuable, even when it’s just about playing with contrasts. By setting a particular accent, the button completes the look, playing its role as a key piece.

Formal wear:

Vegetable ivory in a variety of finishes is a key material for summer. In a light bone color it emphasizes the texture and colorfulness of natural materials, lending them a distinct touch of sophistication.

  • Subtly accentuated classics and vibrant colors in sportswear

The collections are evolving, featuring a sharpened profile and improved focus. In narrowing the focus, eye-catchers and favorite pieces become even more important. At the same time every brand has to carefully consider where and how it wants to position itself. Trims and accessories, especially buttons, are an ideal way of harnessing and playing to this trend. The broad variety of classic pieces for Season SS 19 is also reflected in the diversity of trims and accessories used. Garment and button enter into a dialogue that, while subtle, is always valuable, even when it’s just about playing with contrasts. By setting a particular accent, the button completes the look, playing its role as a key piece.

Formal wear:

Vegetable ivory in a variety of finishes is a key material for summer. In a light bone color it emphasizes the texture and colorfulness of natural materials, lending them a distinct touch of sophistication.

Echt Perlmutt Twice brings an element of tension to high-end classic looks through subtle material contrasts and a subdued interplay of color

More information:
Union Knopf Menswear Sportswear
Source:

Brigitte Methner-Opel

Evolution of fashion professions at heart of Lectra’s 8th education congress © Lectra
Industry experts and fashion schools discussing at Lectra's 8th education congress
13.12.2017

Lectra: Evolution of fashion professions at heart of Lectra’s 8th education congress

Lectra brings together partnership schools and industry experts to discuss how changing professions
in fashion are impacting training programs

Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather,
technical textiles and composite materials, recently welcomed partners from the world of
education to the company’s Bordeaux-Cestas campus for its eighth education congress. The
event was dedicated to the mega trends shaping the fashion industry and impacting
professions from design to production.

Over fifty representatives from among the most important fashion schools in Germany, Canada, China,
USA, France, Hong Kong, Italy, The Netherlands, Poland, United Kingdom, Switzerland and Sweden, participated
in this biannual meeting between industry experts and teaching professionals.

Lectra brings together partnership schools and industry experts to discuss how changing professions
in fashion are impacting training programs

Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather,
technical textiles and composite materials, recently welcomed partners from the world of
education to the company’s Bordeaux-Cestas campus for its eighth education congress. The
event was dedicated to the mega trends shaping the fashion industry and impacting
professions from design to production.

Over fifty representatives from among the most important fashion schools in Germany, Canada, China,
USA, France, Hong Kong, Italy, The Netherlands, Poland, United Kingdom, Switzerland and Sweden, participated
in this biannual meeting between industry experts and teaching professionals.

Fashion professions are evolving as companies make their first steps towards Industry 4.0, adopting 3D
and rationalizing the lifecycle management for their collections thanks to PLM. Lectra’s congress enabled
schools to discuss the developing role of designers and patternmakers, and the new elements to be
integrated into training programs.

Lectra illustrated future changes through presentations on design, patternmaking, 3D prototyping, and PLM.
“It is fundamental to bring innovation experts in the industry together with fashion schools, because
students will drive the evolution of this industry,” stated Pascal Denizart, Managing Director of the Centre
européen des textiles innovants (CETI).

Working with schools to design courses which meet the needs of fashion companies has always been at
the heart of Lectra’s education program. During the event, the company presented collaborative
experiences between partner schools and fashion brands, such as the competitions organised by Lectra
with Missoni, Balenciaga, and Armani in Italy, as well as Peacebird in China and JC Penney in the United
States.

In the United Kingdom, Lectra collaborated with COS (H&M group) and the Arts University Bournemouth
(AUB) for a competition centred on the design of a collection with zero waste.
“The process was totally digital, from design to the creation of a virtual prototype in 3D. Our students learnt
to optimize each stage of the process. By leveraging the use of Kaledo®, Modaris® and Diamino®, the
collaborative work between AUB, COS and Lectra is exactly the type of project that enormously motivates
our students. Live briefs developed with leading fashion brands and Lectra offer excellent opportunities
which directly inform industry currency and student employability,” explained Penny Norman, a lecturer at
AUB.

The event also shone the spotlight on China and its major role in the evolution of the fashion industry.
Li Min, Vice-Dean of the fashion and design faculty at Donghua university in Shanghai spoke of the event,
organized by Lectra, which brought together major Chinese companies, experts, and representatives from
the biggest schools in China.

“Exchanges on the impact of the Made in China 2025 plan on the fashion industry can better prepare
students for tomorrow’s professions, where digital and automation will occupy a far more central position
than today,” testified Li Min.

"The fashion industry is evolving so fast that sharing insights and best practices with experts and other
fashion schools has become vital to ensure we offer the best learning experience and technology tools to
our students", said Dr. Trevor J. Little, Professor of Textile and Apparel, Technology and Management in
the College of Textiles at NC State University.

“Lectra’s eighth education congress confirms the company’s commitment to our partner schools. We
shared our analysis of the market, the digitalization of the eco-system, and how Industry 4.0 principles can
be applied to the fashion industry. We also discussed mass customization and the role of PLM. While these
are key subjects for our customers, many schools are only now approaching them. We are preparing
tomorrow, today: Lectra is supporting our customers, and schools to play an essential role,” concludes
Céline Choussy Bedouet, Chief Marketing and Communications Officer, Lectra.

Source:

© Lectra

Devan launches new antimicrobial brand line ©Devan Chemicals NV
30.11.2017

Devan launches new antimicrobial brand line

RONSE - Devan Chemicals, a Belgian-headquartered provider of finishing technologies, recently launched a new multifunctional antimicrobial brand line. The brand line consists of their well-known, but recently rebranded quat-silane antimicrobial solution, combined with extra features. This enables textile manufacturers to apply multiple functionalities via one single treatment.

BI-OME®, Devan’s recently rebranded antimicrobial solution, has been launched with interesting extra features. The speciality chemical provider has combined its antimicrobial technology with other functional finishes in its product range and now offers a variety of combinations:

RONSE - Devan Chemicals, a Belgian-headquartered provider of finishing technologies, recently launched a new multifunctional antimicrobial brand line. The brand line consists of their well-known, but recently rebranded quat-silane antimicrobial solution, combined with extra features. This enables textile manufacturers to apply multiple functionalities via one single treatment.

BI-OME®, Devan’s recently rebranded antimicrobial solution, has been launched with interesting extra features. The speciality chemical provider has combined its antimicrobial technology with other functional finishes in its product range and now offers a variety of combinations:

  • BI-OME® Quick dry combines the antimicrobial properties (for odour control) with advanced moisture management properties to promote efficient and faster evaporation to aid cooling and comfort.
  • BI-OME® Stretch combines the antimicrobial solution with stretch recovery properties for better fit.
  • A more revolutionary variation is BI-OME® AV, which has an antiviral activity in addition to its antimicrobial properties.
  • Of course, BI-OME®, the antimicrobial solution without any extra features, remains available.

Devan’s experience with antimicrobial technology goes back a long time. More than 25 years of research led to the creation of the BI-OME® product range. Thanks to the combination of a cross-border support package (mill training, quality control, etc.) and unique product excellence (non-migrating, no use of silver), Devan’s antimicrobial technology is widely chosen across the globe.

BI-OME® is fully BPR and EPA compliant, Oekotex and Bluesign registered, can be delivered worldwide and is applicable for apparel, home textiles, bedding, transport & mobility, etc.

28.11.2017

Defining Textile Sustainability

What Keeps Consumers Up at Night?

Climate change appears to be a bigger concern for consumers than recent media reports may have indicated. In the ground-breaking, global, quantitative consumer survey, “The Key to Confidence: Consumers and Textile Sustainability—Attitudes, Changing Behaviors, and Outlooks”, commissioned by the OEKO-TEX® Association in commemoration of its 25th Anniversary, climate change ranked third on a list of sixteen modern day worries on the minds of today’s consumers.

“The Key to Confidence” online study was conducted earlier this year with a worldwide sample of more than 11,000 clothing and home textile consumers. Designed and administered by global brand and sustainability research expert, Ellen Karp of Anerca International, the extensive study explored a broad assortment of consumer attitudes about textile sustainability including harmful substances, the industry’s environmental impact, and the social welfare of textile workers.

What Keeps Consumers Up at Night?

Climate change appears to be a bigger concern for consumers than recent media reports may have indicated. In the ground-breaking, global, quantitative consumer survey, “The Key to Confidence: Consumers and Textile Sustainability—Attitudes, Changing Behaviors, and Outlooks”, commissioned by the OEKO-TEX® Association in commemoration of its 25th Anniversary, climate change ranked third on a list of sixteen modern day worries on the minds of today’s consumers.

“The Key to Confidence” online study was conducted earlier this year with a worldwide sample of more than 11,000 clothing and home textile consumers. Designed and administered by global brand and sustainability research expert, Ellen Karp of Anerca International, the extensive study explored a broad assortment of consumer attitudes about textile sustainability including harmful substances, the industry’s environmental impact, and the social welfare of textile workers.

Prior to answering questions about clothing and home textiles in particular, consumers responded to several queries to gauge their attitudes about sustainability in general. To understand the relative importance of climate change, consumers were asked to pick the top five issues that worry them most from a list of sixteen political, economic, personal, and global problems. “Terrorism” ranked first with 49% of consumers listing it in their top 5, “illness and disease” was second with 42%, and “climate change” rated third with 41%. “My personal finances” came in fourth at 37%. “Opportunities for my children in the future” and “the political leadership in my country” tied for fifth with 31% each.

“Climate change has become a significant issue for consumers,” Karp concludes. “Erratic weather patterns, mounting scientific data, escalating political debate, and first-hand experience with environmental degradation combine to make climate change more of an immediate threat than people considered it to be just a decade ago.”

“For twenty-five years, OEKO-TEX® has helped reduce the use of harmful chemicals and increase sustainable manufacturing practices in the global textile supply chain,” says Anna Czerwinska, Head of Marketing and Communication at OEKO-TEX®. “Our certified clients are industry leaders in the production of compliant, high quality textiles that are tested for harmful substances and responsibly made with respect for the environment and employees. They will be well positioned to capitalize on the growing consumer demands for sustainable textile products.”

A webinar with Ellen Karp presenting the research findings can be viewed at https://rebrand.ly/oekotexTKTCweb. To learn more about “The Key to Confidence: Consumers and Textile Sustainability—Attitudes, Changing Behaviors, and Outlooks”, please contact Trish Martin at t.martin@oeko-tex.com or Anna Czerwinska at a.czerwinska@oeko-tex.com. Read more about the OEKO-TEX® portfolio of testing, certification, and label products at: www.OEKO-TEX.com

 

More information:
OEKO TEX Sustainability
Source:

OEKO-TEX® Service GmbH

Famab Award: Golden Apple for Trevira fair stand © Trevira GmbH
28.11.2017

Famab Award: Golden Apple for Trevira fair stand

At the Famab award ceremony in Ludwigsburg on 23 November, the Trevira City fair stand – shown at Orgatec 2016 in Cologne last year – won the Golden Apple in the architecture category – Best Stand M. The Famab Award is a hugely prestigious accolade for integrated brand experiences. It honours major international projects in the fields of architecture (temporary or permanent) and interpersonal communication.

Trevira´s CEO, Klaus Holz, said, “We are delighted that our Trevira City has been awarded the Golden Apple. We would like to thank interior designers raumkontor for coming up with such a fantastic idea for our stand, and we´d also like to say a big thank you to the organisers for making the award ceremony at the Forum am Schlosspark in Ludwigsburg such an enjoyable experience.”

At the Famab award ceremony in Ludwigsburg on 23 November, the Trevira City fair stand – shown at Orgatec 2016 in Cologne last year – won the Golden Apple in the architecture category – Best Stand M. The Famab Award is a hugely prestigious accolade for integrated brand experiences. It honours major international projects in the fields of architecture (temporary or permanent) and interpersonal communication.

Trevira´s CEO, Klaus Holz, said, “We are delighted that our Trevira City has been awarded the Golden Apple. We would like to thank interior designers raumkontor for coming up with such a fantastic idea for our stand, and we´d also like to say a big thank you to the organisers for making the award ceremony at the Forum am Schlosspark in Ludwigsburg such an enjoyable experience.”

The Trevira City, which was developed by the interior designers at raumkontor and realised by Buchhold and Glindemann GmbH, took up the fair’s theme: “New Visions of Work”. Trevira City, which comprised eight houses made of fabric, showed textile solutions for modern work environments. It offered a new perspective on modern work environments where the borders between working and living become blurred, thereby demanding new approaches to design. In between the houses, an open space was created that stands for the central themes of efficient work processes: communication, creativity, inspiration, networking, and motion.

The fibre manufacturer, who was a first time exhibitor at Orgatec, presented its stand in collaboration with six fabric partners who showcased their products in one of each of the houses: Baumann Dekor, Casalegno Tendaggi, Fidivi, Hohmann, Müller Zell, Pugi. The various facets of the exhibition display the huge range of possibilities created by the participating manufacturers with their Trevira CS products.

Other fabric suppliers also contributed to the textile furnishings of the fair stand. Création Baumann, JAB Anstoetz, Mattes & Ammann, and Silent Gliss were the sponsors for the textile decorations in the two Trevira houses.

 

More information:
Trevira GmbH Famab Award
Source:

© Trevira GmbH

27.11.2017

AZL is building on the success of the study on Composites in Buildings & Infrastructure

The AZL will continue its collaboration on composites in buildings and infrastructure after completing an initial market and technology study which identified new potentials for composite technologies in buildings and infrastructure markets. The aim of the new AZL Workgroup which will meet for the first time on January 25th, 2018 is to jointly develop new applications and to support the business development for composites in these two growing markets. The meeting is open to interested companies from the composite industry as well as the building and infrastructure markets.


The aim of the initial workgroup meeting will be to turn insights from the study into a long-term workgroup collaboration and to define topics and initiatives for the joint cooperation in the field of process and manufacturing technologies, fire safety regulations, materials as well as standards and norms. Industrial keynote presentations will introduce these action fields and will provide an insight into building and infrastructure applications for composites. The meeting will furthermore provide a platform to network with companies along the entire composite value chain.

The AZL will continue its collaboration on composites in buildings and infrastructure after completing an initial market and technology study which identified new potentials for composite technologies in buildings and infrastructure markets. The aim of the new AZL Workgroup which will meet for the first time on January 25th, 2018 is to jointly develop new applications and to support the business development for composites in these two growing markets. The meeting is open to interested companies from the composite industry as well as the building and infrastructure markets.


The aim of the initial workgroup meeting will be to turn insights from the study into a long-term workgroup collaboration and to define topics and initiatives for the joint cooperation in the field of process and manufacturing technologies, fire safety regulations, materials as well as standards and norms. Industrial keynote presentations will introduce these action fields and will provide an insight into building and infrastructure applications for composites. The meeting will furthermore provide a platform to network with companies along the entire composite value chain.


Dr. Amer Affan, CEO and founder of AFFAN Innovative Structures based in Dubai is in charge of various composite projects for buildings such as the Museum of the Future in Dubai: “We have been utilizing structural composites in construction since 2010. Composites is a truly high-tech material compared with the traditional building materials (steel, concrete, timber and aluminum) but it is still to be recognized as such in the conservative and price-sensitive building industry. AZL, particularly its location at the RWTH Aachen University and its partner companies, offers a good platform to progress the use of composites in construction.”


AZL together with more than 25 companies just completed the Joint Market and Technology Study on “New Potentials for Composite Technologies in Buildings and Infrastructure” establishing a broad knowledge on business opportunities for composite technologies in these two growing markets. In a structured approach, the study determined the key segments as well as the technologies/applications with the highest market and technological potential. Analyses of 20 market segments, investigation of 438 applications, technology analyses of 25 highlight components and 11 detailed business cases were elaborated throughout the study. Additional to requirement analyses for materials and production technologies, new concepts for efficient profitable production technologies and cost engineering analysis were developed. With the workgroup, the AZL will take this initiative a step further with the aim to build a long-term cooperation platform for composites in buildings and infrastructure markets.


Justin Jin, CEO of the Korean company AXIA Materials participated in the study and is part of the AZL Partner Network: “As producer of large thermoplastic composite sheets and composite SIP (Structural Insulated Panel), we are eager to drive composites in B&I applications with the best efficient way. The AZL study on Buildings and Infrastructure provided us a great networking with key players in this business field and opportunities to strengthen our products with the key elements from partners. The study also gave us a proper market understanding including market size/volume in numbers to prove the value of this technology to building industry. We are looking forward to following up on these first insights and to realize applications with the AZL and its partners.”


Besides the networking options, the meeting will offer the opportunity to get an insight into the activities of the AZL Network consisting of nine research institutes at the RWTH Aachen Campus and more than 80 companies from 21 countries. During an optional guided tour, participants will visit selected institutes at the RWTH Aachen Campus. The meeting is open to all interested companies and free of charge.

More Information on Meeting and the Study
Information on AZL activities in the field of buildings and infrastructure:
www.azl-lightweight-production.com/composites-buildings-infrastructure
Details and registration to first Workgroup Meeting on January 25th, 2018:
http://www.azl-lightweight-production.com/termine/1st-workgroup-meeting-buildings-infrastructure

 

Lenzing Group with substantial earnings increase in the first nine months of 2017 ©The Lenzing Group
Lenzing Group Vorstand
15.11.2017

Lenzing Group with substantial earnings increase in the first nine months of 2017

  • Revenue up 9.4 percent to EUR 1,726.6 mn
  • EBITDA improvement of 23.9 percent to EUR 397.1 mn
  • Retail bond of EUR 120 mn redeemed – Lenzing with net liquidity as at end of September
  • State-of-the-art application innovation center opened in Hong Kong

Lenzing – The Lenzing Group generated a substantial increase in revenue and earnings in the first nine months of the 2017 financial year compared to the prior-year period. The company is continuing the implementation of its Group strategy sCore TEN in order to further expand the offering of specialty fibers and be even closer to its customers and business partners.

  • Revenue up 9.4 percent to EUR 1,726.6 mn
  • EBITDA improvement of 23.9 percent to EUR 397.1 mn
  • Retail bond of EUR 120 mn redeemed – Lenzing with net liquidity as at end of September
  • State-of-the-art application innovation center opened in Hong Kong

Lenzing – The Lenzing Group generated a substantial increase in revenue and earnings in the first nine months of the 2017 financial year compared to the prior-year period. The company is continuing the implementation of its Group strategy sCore TEN in order to further expand the offering of specialty fibers and be even closer to its customers and business partners.

Consolidated revenue climbed 9.4 percent year-on-year to EUR 1,726.6 mn. This increase is mainly attributable to higher prices for all three fiber generations. Consolidated earnings before tax, depreciation and amortization (EBITDA) rose 23.9 percent to EUR 397.1 mn, corresponding to an EBITDA margin of 23 percent, up from 20.3 percent in the prior-year period. Earnings before interest and tax (EBIT) increased by 34.6 percent to EUR 298.4 mn, resulting in a higher EBIT margin of 17.3 percent (Q1-3 2016: 14 percent). The profit for the period improved by 35.3 percent to EUR 219.3 mn, and earnings per share rose 36 percent to EUR 8.12 per share. In September Lenzing redeemed the retail bond of EUR 120 mn. At the end of the reporting period the Group had net liquidity of EUR 16.9 mn.

“In the first three quarters of 2017, we successfully captured value in a very positive market environment and we continue to implement the sCore TEN strategy with great discipline. The opening of our new application innovation center in Hong Kong is an important step to boost our regional innovation capabilities. We were particularly proud to launch TENCELTM Luxe as a sign of Lenzing’s ongoing commitment to innovation and sustainability”, states Stefan Doboczky, Chief Executive Officer of the Lenzing Group. “After three excellent quarters we are confident to deliver substantially better operating results in 2017 compared to 2016, but at the same time we do expect more headwinds in 2018.”

Focus on customer intimacy

In September 2017, the Lenzing Group opened a new application innovation center (AIC) in Hong Kong, thus setting a further milestone in strengthening its innovation offering to all partners along the value chain. New applications for Lenzing fibers will be developed and tested at the new facility, among them applications for recent innovations such as the TENCELTM Luxe branded lyocell filament, the RefibraTM branded lyocell fiber and the EcoVeroTM branded viscose fiber.

Furthermore, new sales and marketing offices were opened in Turkey and South Korea in the first half of 2017. The direct contact to customers and well-equipped showrooms featuring products made of LenzingTM fibers serve as the basis for providing even better customer support.

Investment program in progress

The Lenzing Group aims to increase the share of specialty fibers as a percentage of revenue to 50 percent by 2020. Following the capacity expansion initiatives in Heiligenkreuz (Austria) and Mobile, Alabama (USA) which are both underway, Lenzing announced its intention to construct the next plant to produce TENCEL® fibers in Thailand.

A new era of sustainable production

In October 2017, the Lenzing Group presented a new product, TENCELTM Luxe, at an exclusive event held in Paris. The TENCELTM Luxe branded filament yarn represents Lenzing’s entry in the filament market. This fiber will support the Lenzing Group’s path towards becoming a true specialty player in the market for botanic materials derived from the sustainable raw material wood.

The launch volumes of TENCELTM Luxe are being produced at the Lenzing site. The basic engineering for a commercial scale plant was commenced.

Outlook
Demand development on the global fiber market remains positive within the context of a generally friendly macroeconomic environment. Lenzing expects wood-based cellulose fibers to grow at an even higher rate than the overall fiber market. After three excellent quarters, the Lenzing Group will achieve an operating result in 2017 that is significantly better than 2016.

For 2018, Lenzing sees a number of somewhat opposing factors that limit visibility regarding fiber price developments. Overall market demand is expected to remain high. However, the Group expects a substantial increase on the supply side, especially for viscose but also for cotton. Price trends for selected key raw materials, especially caustic soda, are difficult to predict. Against this background the Lenzing Group expects a much more challenging market environment for standard viscose during the upcoming quarters.

The above-mentioned development reassures the Lenzing Group in its chosen corporate strategy sCore TEN. The Group initiated its transformation from a volume-oriented viscose player to a value-oriented specialty fiber player at the end of 2015, and will continue the disciplined implementation of its business strategy.

Key Group indicators (IFRS) in EUR mn

 

 

 

 

 

 

 

 

 

 

Beaulieu Yarns received the Highly Protected Risk (HPR) Award at a ceremony on November 7, 2017 attended by all staff, and representatives of B.I.G. Management, Beaulieu Yarns Management and FM Global Management. © Beaulieu International Group
Beaulieu Yarns receives HPR Award
08.11.2017

Beaulieu Yarns awarded prestigious FM Global “Highly Protected Risk” (HPR) status for French production site

  • HPR is the highest status a plant can achieve for fire risk prevention and protection
  • The site Ideal Fibres & Fabrics Comines is the second in the Beaulieu International Group to reach HPR status
  • Underlines Group’s commitment to risk prevention at B.I.G. sites & to reinforcing our strong business contingency plan

Wielsbeke, Belgium – Beaulieu Yarns, the global supplier of high-quality polyamide and polypropylene yarns, is pleased to announce the achievement of Highly Protected Risk (HPR) status for its French production site, Ideal Fibres & Fabrics Comines. Awarded by FM Global, HPR designation means a facility meets the highest industry standards for property protection.

  • HPR is the highest status a plant can achieve for fire risk prevention and protection
  • The site Ideal Fibres & Fabrics Comines is the second in the Beaulieu International Group to reach HPR status
  • Underlines Group’s commitment to risk prevention at B.I.G. sites & to reinforcing our strong business contingency plan

Wielsbeke, Belgium – Beaulieu Yarns, the global supplier of high-quality polyamide and polypropylene yarns, is pleased to announce the achievement of Highly Protected Risk (HPR) status for its French production site, Ideal Fibres & Fabrics Comines. Awarded by FM Global, HPR designation means a facility meets the highest industry standards for property protection.

FM Global, Beaulieu International Group’s (B.I.G.) industrial property and business interruption insurer for the past two years, offers a unique concept that supports the Group in reducing its exposure to loss and increases its business resilience. A dedicated worldwide team of engineers focuses on providing assistance and protection of its assets, helping the Group to achieve a higher level of risk protection.

The Ideal Fibres & Fabrics Comines site produces high quality yarns for a large variety of application and market segments including the automotive industry. It scored exceptionally well in its FM Global assessment which focused on aspects including fire protection, protection against natural hazard, mechanical breakdown of machinery and also cyber risks.

Its overall risk mark of 76 ranks it within the top 25% of its industry for fire risk prevention and protection.

Commenting on the Award, Emmanuel Colchen, Global Sales Director Yarns within BU Beaulieu Engineered Products, said: “This HPR yarn production site reinforces strongly our supply chain security and demonstrates our engagement towards our customers and partners. Our contingency planning and risk management are essential, well-considered elements within our long-term business strategy to demanding sectors such as Automotive and Commercial & Residential floor covering contracts.”

Ideal Fibres & Fabrics Comines is the second facility in the Group to attain HPR status, and the very first in Europe. Pinnacle Polymers LLC in the USA also achieved the HPR as a chemical plant, which is a rare achievement within the chemical business. Fire risk prevention is part of the Group’s broader risk management activities. B.I.G. is investing in increasing the level of protection at all B.I.G. plants in order to protect its business continuity.

The divisions of B.I.G. are also implementing a number of safety programmes to raise awareness of workplace safety and to maintain strong safety records.

Karena Cancilleri, Vice President BU Beaulieu Engineered Products, commented: “I am proud of Beaulieu Yarns for achieving the highly-regarded FM Global HPR Award and setting an example for the whole Beaulieu International Group. This positive step reflects the strong commitment of the Engineered Products division and the rest of the Group to improving safety and protecting our workplaces and our production facilities.”

Beaulieu Yarns received the HPR Award at a ceremony on November 7, 2017 attended by all staff, and representatives of B.I.G. Management, Beaulieu Yarns Management and FM Global Management.

Jinfa Labi chooses Lectra Fashion PLM 4.0 © Lectra
Jinfa Labi chooses Lectra Fashion PLM 4.0
07.11.2017

Jinfa Labi chooses Lectra Fashion PLM 4.0

  • Lectra’s latest PLM solution selected by Jinfa Labi to improve its product development process through supply chain digitization

Paris – Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather, technical textiles and composite materials, is pleased to announce that Jinfa Labi, one of the first publicly listed maternity and infant clothing companies in China, has chosen Lectra Fashion PLM 4.0 to help digitally transform their supply chain, making it more efficient, integrated and connected.

  • Lectra’s latest PLM solution selected by Jinfa Labi to improve its product development process through supply chain digitization

Paris – Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather, technical textiles and composite materials, is pleased to announce that Jinfa Labi, one of the first publicly listed maternity and infant clothing companies in China, has chosen Lectra Fashion PLM 4.0 to help digitally transform their supply chain, making it more efficient, integrated and connected.

Spurred by the continued growth of the Chinese economy, young Chinese parents are now demanding maternity and baby products that are more personalized and sophisticated in terms of material and design. To meet these new market needs, Jinfa Labi has chosen to implement Lectra Fashion PLM 4.0 after researching on all PLM vendors in the market. With the help of this solution, the company aims to further improve their product development process by digitizing their entire supply chain, from design to production, enhancing business agility and collaboration. By embracing digitalization, the company hopes to make progress in adopting the government initiative “Made in China 2025”.

Lectra’s ultimate collaborative platform—Lectra Fashion PLM 4.0—gives fashion and apparel companies the extra speed and agility they need to tackle the challenges of Industry 4.0 head on. With the widest functional scope on the market, this technology serves as the intelligent backbone for the digital supply chain, facilitating the entire design-to-production process. This ensures a consistent flow of error-free data between process, technology and people, thus enabling organizations to quickly adapt to different business models and keep pace with the latest trends.

“As one of the first domestic companies to engage in R&D, design, production and distribution of baby clothing, Jinfa Labi is now growing exponentially. We are looking for a partner with a worldwide perspective and in-depth knowledge on the industry’s best practices,” said Lin Ruowen, General Manager, Jinfa Labi. “And Lectra fits the bill. Their latest PLM solution connects CAD, industry-standard software, company IT systems and external suppliers together, allowing us to fully digitize our supply chain by covering all production stages. We can then focus on improving our core competencies.”

“We are confident that Lectra will help Jinfa Labi make their mark for “Made in China 2025”. This Industry 4.0-based initiative will not only revolutionize the way in which manufacturers operate but also change the way in which the brands and retailers run their businesses. Lectra is committed to providing the technology and support that our customers need to thrive in this new digital era,” said Andreas A. Kim, Managing Director, Lectra, Greater China. “Lectra Fashion PLM 4.0 is the only PLM solution purpose-designed for the fashion industry that covers the entire value chain. We hope to leverage our 44 years of experience in the fashion industry to help Jinfa Labi succeed through operational excellence.”
 

Kathmandu selects Archroma´s Earthcolors for Capsule Collection of its Signature Hoodies © Archroma
Archroma Earthcolors
30.10.2017

Kathmandu selects Archroma´s Earthcolors for Capsule Collection of its Signature Hoodies

Reinach, Switzerland, 30 October 2017 - Archroma, a global leader in color and specialty chemicals, today announced its first-ever collaboration with Kathmandu, the well-known New-Zealand born and based outdoor brand. Kathmandu selected Archroma and its EarthColors range of plant-based dyes to create a new capsule collection of the brand’s signature hoodie.

Archroma’s EarthColors range recently came to public attention for being the Gold Winner of the OutDoor Industry Award 2017, Sustainable Innovations category, where Kathmandu also presented their first hoodies just off of the production line. Archroma’s EarthColors is a line of patented plant-based dyes, sourced from up to 100 percent renewable resources. Archroma developed EarthColors using non-edible waste products, from agriculture and herbal industries, to replace petroleum derived raw materials; which are the conventional raw materials used to synthesize dyes currently. This gives brands an alternative when looking for more natural ways of dyeing garments.

Archroma and Kathmandu teamed up to create an exclusive “vintage casual” look.

Reinach, Switzerland, 30 October 2017 - Archroma, a global leader in color and specialty chemicals, today announced its first-ever collaboration with Kathmandu, the well-known New-Zealand born and based outdoor brand. Kathmandu selected Archroma and its EarthColors range of plant-based dyes to create a new capsule collection of the brand’s signature hoodie.

Archroma’s EarthColors range recently came to public attention for being the Gold Winner of the OutDoor Industry Award 2017, Sustainable Innovations category, where Kathmandu also presented their first hoodies just off of the production line. Archroma’s EarthColors is a line of patented plant-based dyes, sourced from up to 100 percent renewable resources. Archroma developed EarthColors using non-edible waste products, from agriculture and herbal industries, to replace petroleum derived raw materials; which are the conventional raw materials used to synthesize dyes currently. This gives brands an alternative when looking for more natural ways of dyeing garments.

Archroma and Kathmandu teamed up to create an exclusive “vintage casual” look.

The colors available in the capsule collection: slate blue, burnt olive and burlwood rose, are made from the non-edible parts of nutshells, almond shells, rosemary, saw palmetto, bitter orange and beetroot, left over from agriculture industry or herbal extraction. The collection is available online at www.kathmandu.com.au.

“We are very proud and grateful that Kathmandu selected Archroma’s EarthColors for their first incursion into the world of nature-based colors,” comments Paul Cowell, Head of Brand Marketing in Archroma’s Brand & Performance Textile Specialties business. “Kathmandu will surely inspire other brands and retailers to explore and adopt eco - advanced innovations. With the help of Kathmandu, Archroma is again showing the apparel industry the way to go, one collection at a time. Because it’s our nature!” “We have been using recycled materials for over 20 years and we are constantly looking for new technologies to develop more sustainable outdoor gear, adds Manu Rastogi, Textile R&D and Responsible Materials Manager for Kathmandu. “Dyeing techniques using plants have been around for centuries, but they require adding huge amounts of mordants* and fixatives**, which could lead to water pollution.

They also tend to have poor light and wash fastness which is undesirable for the consumer and does not promote article longevity. So when we heard about Archroma’s EarthColors, we were immediately excited by what is probably the first technology allowing colors to be synthesized from plants rather than petroleum while keeping similar performance.” Kathmandu selected Archroma and its EarthColors range of plant-based dyes to create a new capsule collection of the brand’s signature hoodie. (Photographs: Kathmandu) Archroma’s EarthColors is a line of patent-pending plant-based dyes, sourced from up to 100 percent renewable resources. (Photo: Archroma)

Kathmandu® Registered trademark
*alum, iron, copper, tin, chrome
** salt, tannings, vinegar

CHOMARAT receives a JEC Innovation Award in Seoul with C-PLY™ ©CHOMARAT
27.10.2017

CHOMARAT receives a JEC Innovation Award in Seoul with C-PLY™

At JEC Asia 2017 (1-3 November), the international textile group CHOMARAT will receive a JEC Innovation Award in the Sports & Leisure category for its C-PLY™ Hexagonal with visual & structural stitching. “CHOMARAT provided NEILPRYDE and COBRA with its C-PLY™ Non-Crimp Fabric (NCF) technology to help them manufacture an innovative windfoil board, and we are very proud to be rewarded with our partners”, says Pascal JOUBERT DES OUCHES, Sports Equipment Market Director at CHOMARAT.

C-PLYTM HEXAGONAL COMBINES NEW CARBON LOOK AND PERFORMANCE

At JEC Asia 2017 (1-3 November), the international textile group CHOMARAT will receive a JEC Innovation Award in the Sports & Leisure category for its C-PLY™ Hexagonal with visual & structural stitching. “CHOMARAT provided NEILPRYDE and COBRA with its C-PLY™ Non-Crimp Fabric (NCF) technology to help them manufacture an innovative windfoil board, and we are very proud to be rewarded with our partners”, says Pascal JOUBERT DES OUCHES, Sports Equipment Market Director at CHOMARAT.

C-PLYTM HEXAGONAL COMBINES NEW CARBON LOOK AND PERFORMANCE

The unusual stitching of this carbon multiaxial NCF reinforcement combines visual appeal and mechanical performance. C-PLY™ Hexagonal is an innovative carbon NCF with a unique stitching yarn designed to be visible within the resin and to capture resin colour pigments. The stitching yarn also improves fracture toughness compared to standard NCF.
“We researched the right stitching yarn among multiple options before coming up with a tailor-made yarn solution. C-PLY™ Hexagonal provides a unique honeycomb carbon design that appeals to end users”, adds Philippe SANIAL, R&T Director at CHOMARAT.

A WIDE RANGE, FROM AERONAUTICS AND AUTOMOTIVE TO SPORTS & LEISURE APPLICATIONS

Originally dedicated to the design of aerospace and automotive parts, the concept is now successfully applied to the sports & leisure sector. In this innovative windfoil board construction, tows are spread to create thin plies, which are then stitched with precise ±45° angles. The C-PLY™ NCF structure respects the fibre alignment and is optimized in terms of fibre angles and ply weights, thanks to unique spreading technology. The result is a leading-edge carbon NCF reinforcement allowing structural design benefits, premium surface quality and overall parts cost savings. “Bringing a new carbon visual signature for our high-performance C-PLY™ range of NCF is a key to boost retail sales in the whole sports & consumers product industry”, concludes Pascal JOUBERT DES OUCHES.

More information:
CHOMARAT JEC Award
Source:

Agence APOCOPE