From the Sector

Reset
228 results
Lenzing appoints Chief Transformation Officer (c) Bickel & Company
Dr. Walter Bickel, Chief Transformation Officer
16.04.2024

Lenzing appoints Chief Transformation Officer

The Supervisory Board of Lenzing AG appointed Dr. Walter Bickel as a member of the Managing Board and Chief Transformation Officer of Lenzing AG with effect from April 15, 2024 until December 31, 2025. The experienced manager will strengthen the Lenzing Managing Board and will be responsible for the further development and implementation of the performance program. Lenzing AG’s existing performance program was successfully initiated by the Managing Board in autumn 2023 and focuses on positive free cash flow, strengthened sales and margin growth, and sustainable cost excellence. The appointment of a separate member of the Managing Board for the performance program underlines its importance for the economic recovery of Lenzing AG and will make a significant contribution to achieving the goals. In addition, this ensures that the existing Managing Board can devote all the necessary resources to its core tasks in sales, operations and finances.

The Supervisory Board of Lenzing AG appointed Dr. Walter Bickel as a member of the Managing Board and Chief Transformation Officer of Lenzing AG with effect from April 15, 2024 until December 31, 2025. The experienced manager will strengthen the Lenzing Managing Board and will be responsible for the further development and implementation of the performance program. Lenzing AG’s existing performance program was successfully initiated by the Managing Board in autumn 2023 and focuses on positive free cash flow, strengthened sales and margin growth, and sustainable cost excellence. The appointment of a separate member of the Managing Board for the performance program underlines its importance for the economic recovery of Lenzing AG and will make a significant contribution to achieving the goals. In addition, this ensures that the existing Managing Board can devote all the necessary resources to its core tasks in sales, operations and finances.

Dr. Walter Bickel is an expert in implementing yield increase programs. He has decades of leadership experience in management consulting and in leading positions in industrial companies. As a member of top management, he has successfully supported comprehensive performance programs at companies such as KUKA, Treofan and Syntegon. At Lenzing, Walter Bickel will further advance and accelerate the performance program, which has already made important contributions to improving earnings, and tap into additional performance improvement potential aiming for a significant sustainable increase of Lenzing’s earning power and competitiveness.

Source:

Lenzing AG

Kornit Digital, White ink on colored fabrics (c) Kornit Digital
12.04.2024

Kornit Digital at Texprocess 2024

Kornit Digital LTD. will display its digital fabric and integrated workflow portfolio at Texprocess 2024, being held April 23-26.

Kornit Digital will feature a view into the end-to-end, fabric manufacturing ecosystem – allowing for production of any fabric and any design for any purpose. The centerpiece is Kornit Presto MAX, transforming the digital world of fabric printing with an ability to print on any fabric type – from cotton and polyester to denim and leather. Built on the promise of sustainability, Presto MAX reduces both water usage and waste. The system is the world’s first offering to print white ink on colored fabrics alongside neon to extend the color gamut by as much as 30 percent. Kornit’s new Vivido inks additionally offers dark black pigments.

Kornit Digital LTD. will display its digital fabric and integrated workflow portfolio at Texprocess 2024, being held April 23-26.

Kornit Digital will feature a view into the end-to-end, fabric manufacturing ecosystem – allowing for production of any fabric and any design for any purpose. The centerpiece is Kornit Presto MAX, transforming the digital world of fabric printing with an ability to print on any fabric type – from cotton and polyester to denim and leather. Built on the promise of sustainability, Presto MAX reduces both water usage and waste. The system is the world’s first offering to print white ink on colored fabrics alongside neon to extend the color gamut by as much as 30 percent. Kornit’s new Vivido inks additionally offers dark black pigments.

Additionally featured is the KornitX Global Fulfillment Network, a solution designed to optimize operational efficiency, eliminate supply chain bottlenecks, and ensure products are readily available to meet customer demands. The solution connects brands, retailers, and digital platforms to a high-quality production network – providing rapid replenishment and trend adaptability for direct-to-fabric production. Pixel-to-parcel monitoring and control fully integrates the end-to-end production workflow for a seamless experience. The solution based on Kornit’s MAX technology enables brands to maximize margins, boost profitability, and pave the way for a sustainable future in the digital on-demand fashion and textile industry.

Beyond technology demonstrations, Kornit will additionally highlight how MAX technology serves as a vibrant partner platform to drive possibilities across the entire fabric printing and processing chain. Key partners highlighted include:

  • Colortex: Providing fashionable, custom textiles for the footwear industry.
  • ZwissTex: Offering quality, sustainable textile solutions for the automotive and clothing sectors.
  • Print Logistic: Delivering a full range of services - from printing to worldwide drop-shipping for smooth e-commerce integration.
  • CGS: Driving global performance through business applications, enterprise learning and outsourcing services.
  • FastSwen: Leveraging Moving Cavity Technology (MCT) to transform textile handling and production efficiency.
  • Premier Digital Textiles: Serving as the prime supplier of textiles with extensive warehousing across the US and UK.
  • Greentex: Providing highly sustainable, innovative, and customizable fabrics for advanced textile printing.

 

Source:

Kornit Digital

John Lewis Partnership appoints new Chairman (c) John Lewis Partnership
Jason Tarry
08.04.2024

John Lewis Partnership appoints new Chairman

The John Lewis Partnership announces the appointment of Jason Tarry as its seventh Chairman following Sharon White’s decision to step down at the end of her term.

Jason brings over 33 years of experience at Tesco where he was most recently the UK & Ireland CEO, a role he held for six years. His experience spans grocery, general merchandise and fashion in senior commercial, operational and general management positions, having joined the Tesco graduate programme in 1990.

In addition to delivering market leading grocery performance in the UK, he led the expansion of F&F Clothing across Europe as Group CEO. Jason is expected to take up the role in September, at which point Sharon will step down and support the transition as required.

The John Lewis Partnership announces the appointment of Jason Tarry as its seventh Chairman following Sharon White’s decision to step down at the end of her term.

Jason brings over 33 years of experience at Tesco where he was most recently the UK & Ireland CEO, a role he held for six years. His experience spans grocery, general merchandise and fashion in senior commercial, operational and general management positions, having joined the Tesco graduate programme in 1990.

In addition to delivering market leading grocery performance in the UK, he led the expansion of F&F Clothing across Europe as Group CEO. Jason is expected to take up the role in September, at which point Sharon will step down and support the transition as required.

Rita Clifton, Deputy Chairman and Chair of the Nomination Committee, said: “The Board extends its huge thanks to Sharon for successfully leading the Partnership through one of the most testing periods in its history - first Covid and then the cost of living crisis. She has faced into the toughest decisions and overseen the Partnership's financial recovery; we are in good financial health with a return to profit, and have a strong balance sheet with record investment planned this year. Sharon has also helped ensure that employee ownership of the Partnership is secure, is demonstrably focused on its purpose as a force for good and with an open and inclusive culture.

“As the Partnership moves into the next phase of its modernisation focused on our core retail business as well future growth, we are confident that Jason will provide the kind of inspirational leadership, a proven track record in multi-channel, multi-category retail success and a strong identification with Partnership values that we are seeking in this role. Jason has impressed everyone throughout the interview process with his warmth, his belief in the Partnership’s ideals and democratic principles and his appreciation for our unique and special brands.”

More information:
John Lewis Partnership Chairman
Source:

John Lewis Partnership

(c) TMAS
25.03.2024

TMAS: Microfactory for filter bags in Sweden

ACG Kinna Automatic and ACG Nyström – members of TMAS, the Swedish textile machinery association – have delivered the first microfactory for the production of fully finished filter bags to an international filtration industry customer, in cooperation with JUKI Central Europe.

The microfactory’s configuration is based on two separate interconnecting modules – the Smart Filter Line (SFL) and the Filtermaster 2.0. The SFL handles the fabric feeding from rolls and its folding prior to seam construction, which can either be by automatic sewing, welding or with sewing and taping, depending on specifications. Very rapid changeover of the modular seaming methods can be achieved during product changes. The specific size of the now fully-tubular fabric is then precisely cut to size for each individual unit and further folded ready to be fed into the Filtermaster 2.0. The Filtermaster 2.0 then automatically attaches the reinforcement, bottom and snap rings onto the filter tube with a second Juki sewing head on a robotic arm, to form the fully finished filter bag ready for packaging.

ACG Kinna Automatic and ACG Nyström – members of TMAS, the Swedish textile machinery association – have delivered the first microfactory for the production of fully finished filter bags to an international filtration industry customer, in cooperation with JUKI Central Europe.

The microfactory’s configuration is based on two separate interconnecting modules – the Smart Filter Line (SFL) and the Filtermaster 2.0. The SFL handles the fabric feeding from rolls and its folding prior to seam construction, which can either be by automatic sewing, welding or with sewing and taping, depending on specifications. Very rapid changeover of the modular seaming methods can be achieved during product changes. The specific size of the now fully-tubular fabric is then precisely cut to size for each individual unit and further folded ready to be fed into the Filtermaster 2.0. The Filtermaster 2.0 then automatically attaches the reinforcement, bottom and snap rings onto the filter tube with a second Juki sewing head on a robotic arm, to form the fully finished filter bag ready for packaging.

Filter bags are employed in a wide range of industrial processes and while they may be largely under the radar as products, they represent a pretty significant percentage of overall technical textiles production.
They are used in foundries, smelters, incinerators, asphalt plants and energy production plants. Other key manufacturing fields – often where dust is generated – include the production of timber, textiles, composites, waste handling and minerals, in addition to chemicals, food production, pharmaceuticals, electronics and agriculture.

As a further example of the scale of the industry and the high volumes of fabrics involved, one supplier has delivered a single order of 30,000 filter bags to be used for flue gas cleaning at a European power plant. The bags can also be anywhere up to twelve metres in length and frequently have to be replaced.

Source:

Textile Machinery Association of Sweden

25.03.2024

Texhibition Istanbul: Fifth edition successfully concluded

The fifth edition of the Texhibition Istanbul Fabric and Textile Accessories Fair from 6 to 8 March 2024, organised by İTKİB Fuarcılık A.Ş. in cooperation with the Istanbul Textile Exporters Association (İTHİB), presented 557 exhibitors showcasing the entire range of the textile supplying section: from woven and knitted fabrics to accessories and artificial leather. A new addition was a separate hall for yarns and denim, the BlueBlackDenim hall. With this trade fair, Texhibition has more than doubled its floor space compared to the last event to 35,000 square metres.

Exhibitors
Texhibition Istanbul acts as a central point of contact for the entire international industry, with a clear focus on quality, innovation and the latest trends like the denim companies Bossa, Çalık, İsko, İskur and Kipaş at the BlueBlackDenim Hall.

Yarn companies such as Aksa, Diktaş, Ensar, Karafiber, Kaplanlar, Korteks, Migiteks, Sasa, Tepar showed the production power of the yarn sector, where the product quality, design and workmanship came together.

The fifth edition of the Texhibition Istanbul Fabric and Textile Accessories Fair from 6 to 8 March 2024, organised by İTKİB Fuarcılık A.Ş. in cooperation with the Istanbul Textile Exporters Association (İTHİB), presented 557 exhibitors showcasing the entire range of the textile supplying section: from woven and knitted fabrics to accessories and artificial leather. A new addition was a separate hall for yarns and denim, the BlueBlackDenim hall. With this trade fair, Texhibition has more than doubled its floor space compared to the last event to 35,000 square metres.

Exhibitors
Texhibition Istanbul acts as a central point of contact for the entire international industry, with a clear focus on quality, innovation and the latest trends like the denim companies Bossa, Çalık, İsko, İskur and Kipaş at the BlueBlackDenim Hall.

Yarn companies such as Aksa, Diktaş, Ensar, Karafiber, Kaplanlar, Korteks, Migiteks, Sasa, Tepar showed the production power of the yarn sector, where the product quality, design and workmanship came together.

In addition to well-known companies such as Almodo, Bahariye, BTD, Can Textile, Iskur, Kipaş, Menderes, Söktaş, Yünsa, Zorlu, İpeker a large number of other export-oriented companies from the segments of textiles (woven fabrics, knitting) presented their latest designs and products.

Visitors
25,752 visitors came from over 112 countries, 41.8% from the European Union (including Germany, Italy, the Netherlands, Spain, Romania etc.) and Great Britain, Ukraine,26.5% from Asia (including Russia etc.), 14.8% from the Middle East (including Jordan, United Arab Emirates, Saudi Arabia) 10.7% from North Africa (including Algeria, Tunisia etc.), 3.1% from North America (United States, Canada), 3.1% from South America and other countries.

American buyers from the USA and Canada in particular, but also a large number of Mexican and Colombian buyers took advantage of the numerous match-making opportunities at Texhibition. Many B2B meetings took place and led to numerous orders being placed, including from key accounts such as Alexander Wang, Asos, Forever 21, Sainsbury's, Veronica Beard etc.

More information:
Texhibition Istanbul Yarns Denim
Source:

JANDALI

Collaboration between IHKIB and WRAP (c) IHKIB
18.03.2024

Collaboration between IHKIB and WRAP

In a move to enhance the global competitiveness of the Turkish apparel industry, the Istanbul Apparel Exporters' Association (IHKIB) has entered into a collaborative agreement with the Worldwide Responsible Accredited Production (WRAP).

IHKIB, representing 80% of Türkiye's apparel exports, aims to facilitate and guide its members in navigating new markets and staying abreast of sectoral developments.
WRAP, a US-based non-profit organization, focuses on promoting safe, lawful, humane, and ethical working conditions within the textile and apparel industry.

In a move to enhance the global competitiveness of the Turkish apparel industry, the Istanbul Apparel Exporters' Association (IHKIB) has entered into a collaborative agreement with the Worldwide Responsible Accredited Production (WRAP).

IHKIB, representing 80% of Türkiye's apparel exports, aims to facilitate and guide its members in navigating new markets and staying abreast of sectoral developments.
WRAP, a US-based non-profit organization, focuses on promoting safe, lawful, humane, and ethical working conditions within the textile and apparel industry.

Mr. Selcuk Mehmet Kaya, Chairman of the International Relations and Sustainability Committee of IHKIB, and Mr. Avedis Seferian, President and CEO of WRAP, officially inked a collaboration agreement on March 8, 2024, marking a significant step towards fostering business relations between Türkiye and the USA. The agreement focuses on a pilot project developed by IHKIB and WRAP, aiming to identify leading Turkish apparel companies exporting to the USA and encouraging these facilities to attain WRAP certification. In return, WRAP will provide in-person and virtual training at no charge to guide these facilities through the certification process. The project seeks to strengthen business ties between Türkiye and the USA, creating additional opportunities for mutual cooperation between the parties in both countries.

Source:

IHKIB - Istanbul Apparel Exporters’ Association

Launch of GarmentTech İstanbul Exhibition (c) Teknik Fuarcılık
At the GarmentTech İstanbul Exhibition press conference; Teknik Fairs organization team, members of the Garment Machinery Advisory Board, KOMİD President, TEMSAD President and sector representatives.
11.03.2024

Launch of GarmentTech İstanbul Exhibition

Turkey's leading garment machinery manufacturers and representatives have collaborated with Teknik Fuarcılık for GarmentTech İstanbul Garment, Embroidery Machines Spare Parts and Sub Industry Exhibition to host the first GarmentTech İstanbul Exhibition.

The GarmentTech İstanbul Exhibition will be held at İstanbul Expo Center (IFM) between June 25-28, 2025 and brings together all the technologies used in garment and ready-to-wear production.

The ready-to-wear and garment sector is among the locomotive sectors of the Turkish economy with both employment and export income. With 22 thousand 640 exporters and 42 thousand 434 manufacturers, the sector is among the priority sectors in the country's employment with approximately 700 thousand people working in production. Together with the retail and ready-to-wear sectors, total employment exceeds 2 million.

On the other hand, ready-to-wear and garment sector is the 3rd largest exporter in Turkey. Turkey is the 5th country in the world that exports the most ready-to-wear and garment. In 2023, the sector reached 19.3 billion dollars in exports and has a share of 7.5% in general exports.

Turkey's leading garment machinery manufacturers and representatives have collaborated with Teknik Fuarcılık for GarmentTech İstanbul Garment, Embroidery Machines Spare Parts and Sub Industry Exhibition to host the first GarmentTech İstanbul Exhibition.

The GarmentTech İstanbul Exhibition will be held at İstanbul Expo Center (IFM) between June 25-28, 2025 and brings together all the technologies used in garment and ready-to-wear production.

The ready-to-wear and garment sector is among the locomotive sectors of the Turkish economy with both employment and export income. With 22 thousand 640 exporters and 42 thousand 434 manufacturers, the sector is among the priority sectors in the country's employment with approximately 700 thousand people working in production. Together with the retail and ready-to-wear sectors, total employment exceeds 2 million.

On the other hand, ready-to-wear and garment sector is the 3rd largest exporter in Turkey. Turkey is the 5th country in the world that exports the most ready-to-wear and garment. In 2023, the sector reached 19.3 billion dollars in exports and has a share of 7.5% in general exports.

Teknik Fuarcılık, which has more than 30 years of experience in exhibition organization and has made the ITM International Textile Machinery Exhibition a world brand, has taken action to make the success achieved by the garment and ready-to-wear sector sustainable. GarmentTech İstanbul Exhibition, which will be organized with the support of the members of the Garment Machinery Advisory Board and in cooperation with the Apparel Automation and Machinery Manufacturers Association (KOMİD), will host professional visitors and global buyers from all over the world.

The press conference of GarmentTech İstanbul Exhibition was attended by members of the Garment Machinery Advisory Board, Vice Chairman of Astaş Holding H. Kaya Aşçı, Astaş Juki Board Member and General Manager Turgay Aşçı, Chairman of the Board of Çatma Makine Yavuz Çatma, Chairman of the Board of Alba Makine Cengiz Albayrak, General Manager of Malkan Makine Alparslan Er, General Manager of Uğur Makine Temel Kamiloğlu, Tetaş Sales and Marketing Assistant General Manager Murat Eren, Malkan Makina Factory Manager Metin Kılıç and KOMID President Haluk Akın, TEMSAD President Adil Nalbant, KOMİD Members Serkon Makina Chairman İzzet Savaş, Robotech General Manager Hüseyin Çetin, Chairman of the Board of NewTech Machinery Nezir Yazıcı, LGM Foreign Trade Specialist Yiğit Sağdık Manav, Avtek Manager Oğuz Avcı and many sector representatives.

Source:

Teknik Fuarcılık

Schuhhandel Bild: Michal Jarmoluk, Pixabay
06.03.2024

Umsatz mit Schuhen steigt auf 11,6 Mrd. Euro

Trotz einiger Insolvenzen ist der Einzelhandelsumsatz mit Schuhen nach ersten Hochrechnungen des BTE Handelsverband Textil Schuhe Lederwaren im letzten Jahr um rund vier Prozent bzw. 480 Mio. Euro auf 11,6 Milliarden Euro (inkl. MwSt.) gestiegen. „Der Umsatz liegt damit allerdings immer noch knapp 1,5 Prozent unter dem Vor-Corona-Niveau von 2019“, berichtete BTE-Geschäftsführer Axel Augustin anlässlich der HDS/L-Pressekonferenz am 4. März im Rahmen der Düsseldorfer Fachmesse SHOES.
 
Überdurchschnittlich abgeschnitten hat im letzten Jahr vor allem der stationäre Schuhhandel. Die Umsätze der Schuhgeschäfte sind nach BTE-Schätzungen um fast acht Prozent gestiegen, liegen aber immer noch etwa sechs Prozent unter 2019. „Wir beobachten allerdings im gesamten Handel große Unterschiede je nach Standort oder Geschäftskonzept“, konstatierte Augustin. „Die Bandbreite reicht von Rekordumsätzen bis zu Geschäftsaufgaben bzw. Insolvenzen wegen der stark gestiegenen Kosten und zu großen Substanzverlusten während der erzwungenen Corona-Schließungen.“
 

Trotz einiger Insolvenzen ist der Einzelhandelsumsatz mit Schuhen nach ersten Hochrechnungen des BTE Handelsverband Textil Schuhe Lederwaren im letzten Jahr um rund vier Prozent bzw. 480 Mio. Euro auf 11,6 Milliarden Euro (inkl. MwSt.) gestiegen. „Der Umsatz liegt damit allerdings immer noch knapp 1,5 Prozent unter dem Vor-Corona-Niveau von 2019“, berichtete BTE-Geschäftsführer Axel Augustin anlässlich der HDS/L-Pressekonferenz am 4. März im Rahmen der Düsseldorfer Fachmesse SHOES.
 
Überdurchschnittlich abgeschnitten hat im letzten Jahr vor allem der stationäre Schuhhandel. Die Umsätze der Schuhgeschäfte sind nach BTE-Schätzungen um fast acht Prozent gestiegen, liegen aber immer noch etwa sechs Prozent unter 2019. „Wir beobachten allerdings im gesamten Handel große Unterschiede je nach Standort oder Geschäftskonzept“, konstatierte Augustin. „Die Bandbreite reicht von Rekordumsätzen bis zu Geschäftsaufgaben bzw. Insolvenzen wegen der stark gestiegenen Kosten und zu großen Substanzverlusten während der erzwungenen Corona-Schließungen.“
 
Nach Schätzungen des BTE haben 2023 rund 170 Schuhhändler ihre Türen für immer geschlossen – teils wegen Insolvenz, teils freiwillig z.B. wegen fehlender Nachfolger. Aktuell dürften nur noch etwa 2.600 stationäre Schuhspezialisten am Markt aktiv sein. 2013 waren es laut Umsatzsteuerstatistik noch 4.640 Unternehmen.
 
Als größtes Problem nehmen die stationären Schuhhändler derzeit die zunehmende Bürokratie wahr. Auf Rang zwei rangieren die hohen Kostensteigerungen. Oft beklagt wird zudem die Kaufzurückhaltung der Kunden, der zunehmende Wettbewerb mit den eigenen Lieferanten, der Fachkräftemangel sowie ein Attraktivitätsverlust des eigenen Standortes.
 
Umsatz verloren hat im letzten Jahr der Versand- bzw. Onlinehandel.  Er liegt aber wegen des starken Aufschwungs in den Coronajahren 2020 und 2021 nach BTE-Schätzungen rund 40 Prozent über 2019. Augustin: „Wir gehen davon aus, dass der Anteil des Versandhandels am gesamten Schuhmarkt im letzten Jahr bei knapp einem Viertel lag.“
 
Für 2024 sind die Umsatzerwartungen der Schuhhändler sehr verhalten. Laut einer aktuellen BTE-Umfrage rechnet lediglich ein Viertel der Teilnehmer für das laufende Jahr mit einem nennenswerten Umsatzplus. Ein weiteres Viertel sieht sich in etwa auf dem Niveau von 2023, knapp die Hälfte befürchtet dagegen Einbußen von mindesten einem Prozent. „Wir müssen daher 2024 mit weiteren Geschäftsschließungen rechnen“, so Augustin.

Source:

BTE Handelsverband Textil Schuhe Lederwaren

FET: New Senior Materials and Process Scientist (c) FET
R&D Manager Dr Jonny Hunter (left) welcomes Dr Kristoffer Kortsen, Senior Materials and Process Scientist
28.02.2024

FET: New Senior Materials and Process Scientist

Fibre Extrusion Technology Ltd (FET) of Leeds, UK has appointed Dr Kristoffer Kortsen as Senior Materials and Process Scientist. He will report directly to R&D Manager, Dr Jonny Hunter, who joined FET in early 2023 in a growing Research and Development team.

Kortsen’s main area of work is in Gel Spinning of UHMWPE (Ultra-High Molecular Weight Polyethylene). His contribution will help provide gel spinning expertise and equipment in the near future to a range of industries including medical, aerospace, defence aerospace and marine.

Fibre Extrusion Technology Ltd (FET) of Leeds, UK has appointed Dr Kristoffer Kortsen as Senior Materials and Process Scientist. He will report directly to R&D Manager, Dr Jonny Hunter, who joined FET in early 2023 in a growing Research and Development team.

Kortsen’s main area of work is in Gel Spinning of UHMWPE (Ultra-High Molecular Weight Polyethylene). His contribution will help provide gel spinning expertise and equipment in the near future to a range of industries including medical, aerospace, defence aerospace and marine.

He completed a Master’s in chemistry at KU Leuven, graduating magna cum laude in 2018. For his Master’s placement, he worked on the production of impact modifier additives for PVC at Kaneka Belgium. Continuing a partnership with this international chemical manufacturing company, he joined the Howdle group at the University of Nottingham for a PhD project looking into the industrial potential of scCO2 dispersion polymerisations for additive production. After graduating, he worked in the Shaver group at the University of Manchester, developing a holistic approach to plastics recycling and sustainability across the many stakeholders in the field.

Source:

Fibre Extrusion Technology Ltd (FET)

5. edition of Istanbul Fashion Connection with record visitor number (c) IFCO, ITKIB Fairs
23.02.2024

5. Edition of Istanbul Fashion Connection with record visitor number

The fifth edition of IFCO Istanbul Fashion Connection took place from 7 to 10 February 2024 with a record 38,545 visitors. At IFCO, 545 exhibitors met international trade visitors from 159 countries such as Australia, Canada, Colombia, France, Germany, Kenya, Malaysia, Mexico, Nigeria, Philippines, Saudi Arabia, South Africa, South Korea, Spain, Thailand, UK, USA, United Arab Emirates in a total of 8 halls at the Istanbul Expo Centre. The largest group of foreign visitors came from the Middle East (33.4%), Europe (24%), Asia (23.3%) and North Africa (13.3%). A total of 6% of visitors came from the USA, South America, Australia and Africa.

Divided into clear exhibition areas on a total of 100,000 square metres of exhibition space, brands and manufacturers presented the latest collections from the areas of womenswear, menswear, kidswear, denim, sportswear, evening and wedding wear, lingerie, hosiery, leather and furs.

The next IFCO is planned for 7-9 August 2024.

The fifth edition of IFCO Istanbul Fashion Connection took place from 7 to 10 February 2024 with a record 38,545 visitors. At IFCO, 545 exhibitors met international trade visitors from 159 countries such as Australia, Canada, Colombia, France, Germany, Kenya, Malaysia, Mexico, Nigeria, Philippines, Saudi Arabia, South Africa, South Korea, Spain, Thailand, UK, USA, United Arab Emirates in a total of 8 halls at the Istanbul Expo Centre. The largest group of foreign visitors came from the Middle East (33.4%), Europe (24%), Asia (23.3%) and North Africa (13.3%). A total of 6% of visitors came from the USA, South America, Australia and Africa.

Divided into clear exhibition areas on a total of 100,000 square metres of exhibition space, brands and manufacturers presented the latest collections from the areas of womenswear, menswear, kidswear, denim, sportswear, evening and wedding wear, lingerie, hosiery, leather and furs.

The next IFCO is planned for 7-9 August 2024.

Source:

Jandali

20.02.2024

Texworld Apparel Sourcing Paris

Nearly 8,000 international visitors came to meet the 1,300 exhibitors at Texworld Apparel Sourcing Paris. This year's event was enhanced by a boldly designed showcase in the heart of Paris.
The offer was broader, more diversified and more accessible. Despite increasing requirements in the industry, visitor numbers remained stable. It was on these two objective notes that the latest edition of the Texworld and Apparel Sourcing Paris trade shows for the fashion industry came to a close, held from 5 to 7 February 2024 at the Paris Expo Porte de Versailles. During these 3 days, nearly 8,000 visitors came to meet 1,300 weaving and clothing companies from 25 countries on the two levels of Hall 7 (7.2 and 7.3).

Nearly 8,000 international visitors came to meet the 1,300 exhibitors at Texworld Apparel Sourcing Paris. This year's event was enhanced by a boldly designed showcase in the heart of Paris.
The offer was broader, more diversified and more accessible. Despite increasing requirements in the industry, visitor numbers remained stable. It was on these two objective notes that the latest edition of the Texworld and Apparel Sourcing Paris trade shows for the fashion industry came to a close, held from 5 to 7 February 2024 at the Paris Expo Porte de Versailles. During these 3 days, nearly 8,000 visitors came to meet 1,300 weaving and clothing companies from 25 countries on the two levels of Hall 7 (7.2 and 7.3).

Visitors: a Euro-Mediterranean Top 5
This unprecedented concentration of international companies in Europe, which exceeds in number that of February 2019, is a reminder of the central role of European markets for the global fashion industry. This position is confirmed by the weight of buyers from the Euromed zone in the visitor structure: Top 5 is concentrated around buyers from France (20% of the total, up sharply on 2023), the UK (8.3%), Italy (7.9%), Turkey (7.2%) and Spain (6.8%). This Parisian event is proving to be an essential point of contact between designers, buyers and suppliers of fabrics or finished products.

Making the offer ever more accessible “Despite the slowdown in the clothing market, Europe remains a major market for textile and finished goods manufacturers" explains Frédéric Bougeard, President of Messe Frankfurt France. “For some players, it is becoming a strategic market to offset the uncertainties weighing on the Russian and American markets" he continues. Our mission is to fulfill our role as a market place, to adapt to these changes and to make the international offer more and more accessible." The February event also highlighted near sourcing. Nine Ukrainian companies grouped together under the banner of the Ukrainian Association of Textile and Leather Industry Companies (Ukrlegprom), as well as Bulgarian, Italian and Dutch companies, were able to take advantage of the show's visibility to include their expertise in the sourcing plans of French and European buyers.

Texworld Apparel Sourcing Paris, a new name for our trade fairs
Reflecting the adaptation of Messe Frankfurt France's strategy to changes in the market, Texworld Evolution Paris is changing its name to Texworld Apparel Sourcing Paris. This move reflects developments in fashion sourcing and the expansion of brand universes. A growing number of buyers now want to be able to select materials, while also sourcing finished products directly to complement collections or expand their range. The new name is accompanied by a new dual baseline - Weaving the future; sourcing I business I solutions - to underline these developments and reinforce the fairs' service-led positioning.

From 1 to 3 July 2024 at Porte de Versailles
This new signature will be fully expressed at the next edition of Texworld Apparel Sourcing Paris, including Avantex and Leatherworld, which will take place from 1 to 3 July 2024 in Hall 7 (7.2 and 7.3) of the Paris Expo Porte de Versailles. The show, which will remain the same size and offer a more selective range of products, will reflect this convergence between textiles and finished products. This session will also have no interaction with the Paris 2024 Olympic Games, which are due to open on 26 July, three weeks after Texworld Apparel Sourcing Paris

Source:

Messe Frankfurt

AMPI illustration AMPI illustration
30.01.2024

FET: £50,000 for spinneret research

Fibre Extrusion Technology Limited (FET) has been awarded £50,000 of grant funding to collaborate with the University of Manchester on complex spin pack and spinneret designs. This funding will provide FET with access to the expertise of four universities and the National Physical Laboratory to develop the next generation of machinery.

The grant is awarded by a consortium led by AMPI (The Advanced Machinery and Productivity Institute) and NPL (The National Physical Laboratory). AMPI’s Innovation for Machinery (I4M) programme supports businesses in West Yorkshire and Greater Manchester as part of an overall initiative to drive innovation for the UK’s advanced machinery manufacturers to meet the challenges of developing new technology and entering emerging markets.

Fibre Extrusion Technology Limited (FET) has been awarded £50,000 of grant funding to collaborate with the University of Manchester on complex spin pack and spinneret designs. This funding will provide FET with access to the expertise of four universities and the National Physical Laboratory to develop the next generation of machinery.

The grant is awarded by a consortium led by AMPI (The Advanced Machinery and Productivity Institute) and NPL (The National Physical Laboratory). AMPI’s Innovation for Machinery (I4M) programme supports businesses in West Yorkshire and Greater Manchester as part of an overall initiative to drive innovation for the UK’s advanced machinery manufacturers to meet the challenges of developing new technology and entering emerging markets.

In this project, FET will be working with the University of Manchester to conduct computational fluid dynamics (CFD) studies on a number of complex spin pack and spinneret designs. The aim of this work is to identify areas of improvement for FET’s spin packs and spinnerets and to use computer aided designs to develop significantly more efficient versions. The goal is that the research will improve the throughput of FET extrusion systems, thus reducing the amount of polymer lost through inefficient flow paths. This development, in turn, will reduce the environmental impact of synthetic polymer processing.

FET designs, develops, and manufactures extrusion equipment for a range of high value textile material applications worldwide. Established in 1998, FET’s major strength has always been to collaborate with customers in testing, evaluating and developing high value materials with diverse, functional properties. Efficiency and sustainability are key, so enhanced development of spinneret technology will contribute significantly to these objectives.

nominees Graphic: nova Institut
19.01.2024

Nominated Innovations for Cellulose Fibre Innovation of the Year 2024 Award

From Resource-efficient and Recycled Fibres for Textiles and Building Panels to Geotextiles for Glacier Protection: Six award nominees present innovative and sustainable solutions for various industries in the cellulose fibre value chain. The full economic potential of the cellulose fibre industry will be introduced to a wide audience that will vote for the winners in Cologne (Germany), and online.

Again nova-Institute grants the “Cellulose Fibre Innovation of the Year” award in the context of the “Cellulose Fibres Conference”, that will take place in Cologne on 13 and 14 March 2024. In advance, the conferences advisory board nominated six remarkable products, including cellulose fibres from textile waste and straw, a novel technology for dying cellulose-based textiles and a construction panel as well as geotextiles. The innovations will be presented by the companies on the first day of the event. All conference participants can vote for one of the six nominees and the top three winners will be honoured with the “Cellulose Fibre Innovation of the Year” award. The Innovation award is sponsored by GIG Karasek (AT).

From Resource-efficient and Recycled Fibres for Textiles and Building Panels to Geotextiles for Glacier Protection: Six award nominees present innovative and sustainable solutions for various industries in the cellulose fibre value chain. The full economic potential of the cellulose fibre industry will be introduced to a wide audience that will vote for the winners in Cologne (Germany), and online.

Again nova-Institute grants the “Cellulose Fibre Innovation of the Year” award in the context of the “Cellulose Fibres Conference”, that will take place in Cologne on 13 and 14 March 2024. In advance, the conferences advisory board nominated six remarkable products, including cellulose fibres from textile waste and straw, a novel technology for dying cellulose-based textiles and a construction panel as well as geotextiles. The innovations will be presented by the companies on the first day of the event. All conference participants can vote for one of the six nominees and the top three winners will be honoured with the “Cellulose Fibre Innovation of the Year” award. The Innovation award is sponsored by GIG Karasek (AT).

In addition, the ever-growing sectors of cellulose-based nonwovens, packaging and hygiene products offer conference participants insights beyond the horizon of traditional textile applications. Sustainability and other topics such as fibre-to-fibre recycling and alternative fibre sources are the key topics of the Cellulose Fibres Conference, held in Cologne, Germany, on 13 and 14 March 2024 and online. The conference will showcase the most successful cellulose-based solutions currently on the market or those planned for the near future.

The nominees:

The Straw Flexi-Dress: Design Meets Sustainability – DITF & VRETENA (DE)
The Flexi-Dress design was inspired by the natural golden colour and silky touch of HighPerCell® (HPC) filaments based on unbleached straw pulp. These cellulose filaments are produced using environmentally friendly spinning technology in a closed-loop production process. The design decisions focused on the emotional connection and attachment to the HPC material to create a local and circular fashion product. The Flexi-Dress is designed as a versatile knitted garment – from work to street – that can be worn as a dress, but can also be split into two pieces – used separately as a top and a straight skirt. The top can also be worn with the V-neck front or back. The HPC textile knit structure was considered important for comfort and emotional properties.

HONEXT® Board FR-B (B-s1, d0) – Flame-retardant Board made From Upcycled Fibre Waste From the Paper Industry – Honext Material (ES)
HONEXT® FR-B board (B-s1, d0) is a flame-retardant board made from 100 % upcycled industrial waste fibres from the paper industry. Thanks to innovations in biotechnology, paper sludge is upcycled – the previously “worthless” residue from paper making – to create a fully recyclable material, all without the use of resins. This lightweight and easy-to-handle board boasts high mechanical performance and stability, along with low thermal conductivity, making it perfect for various applications in all interior environments where fire safety is a priority. The material is non-toxic, with no added VOCs, ensuring safety for both people and the planet. A sustainable and healthy material for the built environment, it achieves Cradle-to-Cradle Certified GOLD, and Material Health CertificateTM Gold Level version 4.0 with a carbon-negative footprint. Additionally, it is verified in the Product Environmental Footprint.

LENZING™ Cellulosic Fibres for Glacier Protection – Lenzing (AT)
Glaciers are now facing an unprecedented threat from global warming. Synthetic fibre-based geotextiles, while effective in slowing down glacier melt, create a new environmental challenge: microplastics contaminating glacial environments. The use of such materials contradicts the very purpose of glacier protection, as it exacerbates an already critical environmental problem. Recognizing this problem, the innovative use of cellulosic LENZING™ fibres presents a pioneering solution. The Institute of Ecology, at the University of Innsbruck, together with Lenzing and other partners made first trials in 2022 by covering small test fields with LENZING™ fibre-based geotextiles. The results were promising, confirming the effectiveness of this approach in slowing glacier melt without leaving behind microplastic.

The RENU Jacket – Advanced Recycling for Cellulosic Textiles – Pangaia (UK) & Evrnu (US)
PANGAIA LAB was born out of a dream to reduce barriers between people and the breakthrough innovations in material science. In 2023, PANGAIA LAB launched the RENU Jacket, a limited edition product made from 100% Nucycl® – a technology that recycles cellulosic textiles by breaking them down to their molecular building blocks, and reforming them into new fibres. This process produces a result that is 100% recycled and 100% recyclable when returned to the correct waste stream – maintaining the strength of the fibre so it doesn’t need to be blended with virgin material.
Through collaboration with Evrnu, the PANGAIA team created the world’s first 100% chemically recycled denim jacket, replacing a material traditionally made from 100% virgin cotton. By incorporating Nucycl® into this iconic fabric construction, dyed with natural indigo, the teams have demonstrated that it’s possible to replace ubiquitous materials with this innovation.

Textiles Made from Easy-to-dye Biocelsol – VTT Technical Research Centre of Finland (FI)
One third of the textile industry’s wastewater is generated in dyeing and one fifth in finishing. But the use of chemically modified Biocelsol fibres reduces waste water. The knitted fabric is made from viscose and Biocelsol fibres and is only dyed after knitting. This gives the Biocelsol fibres a darker shade, using the same amount of dye and no salt in dyeing process. In addition, an interesting visual effect can be achieved. Moreover, less dye is needed for the darker colour tone in the finished textile and the possibility to use the salt-free dyeing is more environmentally friendly.
These special properties of man-made cellulosic fibres will reassert the fibres as a replacement for the existing fossil-based fibres, thus filling the demand for more environmentally friendly dyeing-solutions in the textile industry. The functionalised Biocelsol fibres were made in Finnish Academy FinnCERES project and are produced by wet spinning technique from the cellulose dope containing low amounts of 3-allyloxy-2-hydroxypropyl substituents. The functionality formed is permanent and has been shown to significantly improve the dyeability of the fibres. In addition, the functionalisation of Biocelsol fibres reduces the cost of textile finishing and dyeing as well as the effluent load.

A New Generation of Bio-based and Resource-efficient Fibre – TreeToTextile (SE)
TreeToTextile has developed a unique, sustainable and resource efficient fibre that doesn't exist on the market today. It has a natural dry feel similar to cotton and a semi-dull sheen and high drape like viscose. It is based on cellulose and has the potential to complement or replace cotton, viscose and polyester as a single fibre or in blends, depending on the application.
TreeToTextile Technology™ has a low demand for chemicals, energy and water. According to a third party verified LCA, the TreeToTextile fibre has a climate impact of 0.6 kg CO2 eq/kilo fibre. The fibre is made from bio-based and traceable resources and is biodegradable.

More information:
Nova Institut nova Institute
Source:

nova Institut

08.12.2023

EURATEX welcomes approval of PanEuroMed rules of origin

EURATEX welcomes the unanimous vote in support of the new rules of origin under the PEM Convention, as a historic achievement. Facilitating trade and investments in the “PanEuroMed” region (covering 27 EU member states and 24 partner countries in the neighbourhood region)1 is top priority region for the EU, as trade with these countries accounted for €677 billion in 2023. For the EU textile and clothing sector, the region represents 35% of its exports and 21% of its imports.
 
In 2013 the European Commission adopted a package of proposals aimed at increasing trade between the European Union and neighbouring countries in the Pan-Euro-Mediterranean (PEM) region. The proposal introduced modernised rules of origin of the PEM convention, lifting the prohibition of duty-drawback and introducing the principle of “full cumulation”.

EURATEX welcomes the unanimous vote in support of the new rules of origin under the PEM Convention, as a historic achievement. Facilitating trade and investments in the “PanEuroMed” region (covering 27 EU member states and 24 partner countries in the neighbourhood region)1 is top priority region for the EU, as trade with these countries accounted for €677 billion in 2023. For the EU textile and clothing sector, the region represents 35% of its exports and 21% of its imports.
 
In 2013 the European Commission adopted a package of proposals aimed at increasing trade between the European Union and neighbouring countries in the Pan-Euro-Mediterranean (PEM) region. The proposal introduced modernised rules of origin of the PEM convention, lifting the prohibition of duty-drawback and introducing the principle of “full cumulation”.

Today, after ten years of intense negotiations which EURATEX supported, the European Commission reached a full and final agreement with all PEM partners. This is a landmark achievement that will unlock the full potential of the Euro-Mediterranean area as the biggest and most integrated region of advanced manufacturing and trading of sustainable textiles and clothing. The rules adopted today will accelerate the integration of T&C supply chains and boost T&C production and trade within the region, both in the East and Southern borders of the EU. In a moment when companies are looking at moving their production from Asia to nearby, like-minded and more reliable countries , it is very timely to have the PEM Convention implemented.

EURATEX’s President, Mr Alberto Paccanelli, commented: “This is a strategic trade deal that can help European companies recover from the multiple crisis which we face since 2020”. He continued “We call on the European Union to not stop here, but keep up the efforts to secure trade deals that are good for European companies and their competitive position in the world. The next objective should be the adoption of the EU-Mercosur Agreement and a conclusive settlement of all trade disputes with the United States”.    
 
According to Director General Dirk Vantyghem, “today’s unanimous vote in favour of the modernised PEM rules is good news for our industry.. We should now engage with these partner countries to fully exploit the potential of these new rules. EURATEX is ready to engage in an industrial dialogue with the companies from the PEM Countries to facilitate their transition to the new framework”.

1 The PanEuroMed contracting parties are: the EU, the EFTA States (Switzerland, Norway, Iceland and Liechtenstein), the Faroe Islands, the participants in the Barcelona Process (Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, the territories of West Bank and Gaza, Syria, Tunisia and Turkey), the participants in the EU's Stabilisation and Association Process (Albania, Bosnia and Herzegovina, the Republic of North Macedonia, Montenegro, Serbia, Kosovo), the Republic of Moldova, Ukraine.

Source:

EURATEX 

EPTA: Program of the “17th World Pultrusion Conference” (c) EPTA
06.12.2023

EPTA: Program of the “17th World Pultrusion Conference”

The EPTA – European Pultrusion Technology Association in cooperation with the American Composites Manufacturers Association (ACMA) invites you to the 17th World Pultrusion Conference which takes place on 29 February – 1 March 2024 in Hamburg, Germany.

This conference takes place every two years and is the meeting point of the European and worldwide Pultrusion Industry. More than 25 international speakers from Finland, Belgium, Germany, France, Spain, The Netherlands, Turkey, UK, USA, Canada and others will present practical presentations about innovative applications, technologies and processes. Equally current market trends and developments are on the agenda.

This World Pultrusion Conference takes place again in the week before the JEC World Composites Show (5-7 March 2024, Paris).

The program is available here.

The EPTA – European Pultrusion Technology Association in cooperation with the American Composites Manufacturers Association (ACMA) invites you to the 17th World Pultrusion Conference which takes place on 29 February – 1 March 2024 in Hamburg, Germany.

This conference takes place every two years and is the meeting point of the European and worldwide Pultrusion Industry. More than 25 international speakers from Finland, Belgium, Germany, France, Spain, The Netherlands, Turkey, UK, USA, Canada and others will present practical presentations about innovative applications, technologies and processes. Equally current market trends and developments are on the agenda.

This World Pultrusion Conference takes place again in the week before the JEC World Composites Show (5-7 March 2024, Paris).

The program is available here.

Source:

The European Pultrusion Technology Association (EPTA)

Fußballstadion Bild von Pexels auf Pixabay
20.11.2023

University of Manchester academics criticising UK government

Sustainable fashion and sportswear must be high on the political agenda:
Three University of Manchester academics who specialise in fashion and textiles have criticised the Government for failing to take action to boost sustainability in the UK fashion and sportswear industries.

In an article published by the University’s policy engagement unit Policy@Manchester to coincide with the 20th annual Recycle Week, Lindsay Pressdee, Dr Amy Benstead and Dr Jo Conlon highlight that, of the one million tonnes of textiles disposed of every year in this country, 300,000 tonnes end up in landfill or incineration with figures suggesting 10 per cent of global CO2 emissions may come from the fashion industry.

And they warn that the damage inflicted by discarded sportswear is often overlooked, “despite an over-reliance on polyester garments, which are harmful to the environment as the fabric releases microfibres and takes hundreds of years to fully biodegrade.”

Sustainable fashion and sportswear must be high on the political agenda:
Three University of Manchester academics who specialise in fashion and textiles have criticised the Government for failing to take action to boost sustainability in the UK fashion and sportswear industries.

In an article published by the University’s policy engagement unit Policy@Manchester to coincide with the 20th annual Recycle Week, Lindsay Pressdee, Dr Amy Benstead and Dr Jo Conlon highlight that, of the one million tonnes of textiles disposed of every year in this country, 300,000 tonnes end up in landfill or incineration with figures suggesting 10 per cent of global CO2 emissions may come from the fashion industry.

And they warn that the damage inflicted by discarded sportswear is often overlooked, “despite an over-reliance on polyester garments, which are harmful to the environment as the fabric releases microfibres and takes hundreds of years to fully biodegrade.”

Pressdee, Benstead and Conlon stress the importance of establishing “sustainable behaviour throughout the supply chain” and praise the European Commission for proposing an “extended producer responsibility (EPR)” for textiles in the EU which “aims to create appropriate incentives to encourage producers to design products that have a reduced environmental impact at the end of their life.”

This contrasts with the UK where, they argue, “tackling sustainability in the fashion industry has lost its place on the political agenda.”

"We are calling on the Government to reintroduce textiles as part of the school curriculum to engage young people in sustainable materials and equip them with the basic skills required to repair clothes.”
Lindsay Pressdee, Dr Amy Benstead and Dr Jo Conlon

The University of Manchester academics contend that there has been “disappointing lack of progress from the UK Government” following the House of Commons Environmental Audit Committee’s Fixing Fashion report in 2019.

They continue: “This report included a call for the use of EPR as well as other important recommendations such as a ban on incinerating or landfilling unsold stock that can be reused or recycled and a tax system that shifts the balance of incentives in favour of reuse, repair and recycling to support responsible companies. We urge the Government to think again and drive forward the Committee’s recommendations in order to put sustainable fashion back on the political agenda.”

Pressdee, Benstead and Conlon also criticise Ministers for abolishing the standalone GCSE in textiles which provided many young people with the ability to mend clothing such as football kits instead of throwing them away.

They write: “We are therefore calling on the Government to reintroduce textiles as part of the school curriculum to engage young people in sustainable materials and equip them with the basic skills required to repair clothes.”

The University of Manchester has launched a new project dedicated to tackling the impact of textile waste in the football industry through the provision of workshops tasked with transforming surplus football shirts into unique reusable tote bags, whilst educating local communities on the environmental impacts of textile waste and how to extend the life of garments. The initiative aims to provide a fun, responsible way to keep kits in circulation while shining a light on the problem.

More information:
United Kingdom politics
Source:

University of Manchester

3rd edition of Source Home & Gift taking place in February 2024 Photo: Hyve Group
03.11.2023

3rd edition of Source Home & Gift in February 2024

Source Home & Gift continues to go from strength to strength with over 430 exhibitors expected to be at its third edition from 4th – 7th February 2024 at NEC Birmingham.

Uniting global manufacturers and artisan makers who all pride themselves on responsible manufacturing and sustainable production, with key retailers, brands, and contractors, Source Home & Gift increases in size by 25% with producers from UK, China, India, Philippines, Nepal and many more showcasing their wares. Debuting at the show will be pavilions from Senegal and Ghana.

All exhibitors are required to have had a recent audit from Sedex or a recognisable audit institution giving buyers the confidence that they will meet suppliers that have responsible business practices. The show features eight sectors including Homewares, Toys, Packaging, Stationery & Greetings, Gifts, Furniture, Textiles, and Technology & Services.

Source Home & Gift includes a content stage dedicated to presenting and discussing the latest trends and topics in responsible and sustainable manufacturing from internationally renowned industry professionals.

Source Home & Gift continues to go from strength to strength with over 430 exhibitors expected to be at its third edition from 4th – 7th February 2024 at NEC Birmingham.

Uniting global manufacturers and artisan makers who all pride themselves on responsible manufacturing and sustainable production, with key retailers, brands, and contractors, Source Home & Gift increases in size by 25% with producers from UK, China, India, Philippines, Nepal and many more showcasing their wares. Debuting at the show will be pavilions from Senegal and Ghana.

All exhibitors are required to have had a recent audit from Sedex or a recognisable audit institution giving buyers the confidence that they will meet suppliers that have responsible business practices. The show features eight sectors including Homewares, Toys, Packaging, Stationery & Greetings, Gifts, Furniture, Textiles, and Technology & Services.

Source Home & Gift includes a content stage dedicated to presenting and discussing the latest trends and topics in responsible and sustainable manufacturing from internationally renowned industry professionals.

The last show in September was attended by leading retailers and brands including Sainsburys, Dunelm, Haskins Garden Centre, Blue Diamond, Funky Pigeon, M&M, Matalan, Disney, Morrisons, M&S, Next, Costcutter, AIS, Alzheimers Society, Amazon, B&Q, and Card Factory.

Source:

Source Home & Gift by Hyve Group

03.11.2023

Solvay announces Board of Directors for standalone SYENSQO

Solvay announced the future Board of Directors of SYENSQO, effective upon completion of the planned separation of Solvay into two companies – SOLVAY and SYENSQO – which is on track to be completed in December 2023.

SYENSQO’s Board will be composed of 10 members, including 6 independent members, 3 members representing the reference shareholder, Solvac, and the company CEO. They have deep expertise in specialty industries, international business operations, risk management, corporate governance, finance and clean technology.

Solvay announced the future Board of Directors of SYENSQO, effective upon completion of the planned separation of Solvay into two companies – SOLVAY and SYENSQO – which is on track to be completed in December 2023.

SYENSQO’s Board will be composed of 10 members, including 6 independent members, 3 members representing the reference shareholder, Solvac, and the company CEO. They have deep expertise in specialty industries, international business operations, risk management, corporate governance, finance and clean technology.

The following individuals will serve on the SYENSQO Board of Directors:
Rosemary Thorne will serve as independent Director and Chair of the SYENSQO Board, as well as Chair of the Board’s Finance Committee. She is currently an Independent Director on the Solvay Board of Directors, appointed in 2014, and Chair of the Board’s Audit Committee. She is also an Independent Director on the Board of Merrill Lynch International (UK), a wholly-owned subsidiary of Bank of America, serving as Chair of the Audit Committee. Ms. Thorne has decades of financial leadership experience across a wide range of industries. She previously served as Chief Financial Officer at J. Sainsbury, the UK’s largest supermarket chain at the time; Bradford & Bingley; and Ladbrokes. Ms. Thorne previously sat as an Independent Director on the Boards of Royal Mail Group, Cadbury Schweppes, Santander UK, First Global Trust Bank and Smurfit Kappa Group.

Dr. Ilham Kadri will serve as Chief Executive Officer and member of the Board of Directors of SYENSQO. She is currently CEO and President of the Executive Committee at Solvay. Ms. Kadri has successfully led the turnaround of Solvay, delivering double-digit EBITDA growth and 18 consecutive quarters of positive free cash flow, deleveraging the balance sheet and promoting superior people engagement. She is an independent Board member at A.O. Smith and L’Oréal. She is active in non-profit organizations, as Chair of the World Business Council for Sustainable Development (WBCSD), member of the steering committee of the European Round Table of Industrialists (ERT) as well as a permanent member of the World Economic Forum’s International Business Council (WEF). Ms. Kadri has extensive leadership experience across a variety of industries in four continents and with leading industrial multinationals, including Shell, UCB, Huntsman, Dow, Sealed Air. Prior to Solvay, she was CEO and President of Diversey in the USA, led the company’s return to profitability and resulting spin off and divestiture to Bain Capital. She founded two non-Profit foundations: the Solvay Solidarity Fund in Belgium in 2020 which supported more than 7000 families affected by Covid-19 and natural disasters; and founded the ISSA Hygieia Network in 2015 in the USA, to help women in the cleaning industry. She received two Doctor Honoris Clausa from EWHA University in Korea and Université de Namur in Belgium.

Julian Waldron will serve as independent Director and Chair of the Audit Committee. He currently serves as Deputy Executive Chairman of privately-held Albea Group, a global beauty and personal care packaging company which operates 35 facilities in Europe, Asia and the Americas. Mr. Waldron has held senior leadership roles at several leading listed companies in the industrial, technology and services sectors and brings a wealth of expertise in finance and business operations. Prior to joining Albea in 2022, he was Chief Financial Officer of Suez for three years after serving as Chief Financial Officer and subsequently Chief Operating Officer of Technip. He started his career at UBS Warburg where he spent 14 years. Mr. Waldron also served as an independent Board member and Chairman of finance, risk and investments at Carbon Clean, a privately-owned carbon capture company dedicated to achieving net zero.

Heike Van de Kerkhof will serve as independent Director and Chair of the Nomination Committee. She currently sits on the Board of OCI N.V.. Ms. Van de Kerkhof brings more than 30 years of experience in the chemicals, oil & gas and materials industries, having served in numerous leadership roles around the globe. From 2020 to 2023, she was Chief Executive Officer of Archroma Management, a global specialty chemicals company. During her tenure, she successfully completed the transformational acquisition of Huntsman’s Textile Effects business. Prior to her role at Archroma, Ms. Van de Kerkhof served as Vice President of Lubricants, Western Hemisphere at BP, and held positions at Castrol, The Chemours Company, and Neste Corporation. She also held many leading roles within DuPont over 18 years.

Matti Lievonen will serve as independent Director and Chair of the Compensation Committee. He is currently an independent director on the Solvay Board, appointed in 2017. Mr. Lievonen is a proven executive in the energy, forestry, power and automation industries with an extensive track record of leading businesses through climate transition. For over ten years until 2018, he served as Chairman and Chief Executive Officer of Neste Corporation, a global leader in next-generation renewable fuels and chemicals. During his time at Neste, Mr. Lievonen successfully promoted the development of clean fuels as well as Finland’s bioeconomy strategy in advancing renewable transportation fuels. He has also been involved with organizations such as Fortum Board, SSAB, Nynäs AB, Ilmarinen, and the HE Finnish Fair Foundation. Until 2021, Mr. Lievonen was also Chairman of the Board of Directors at Fortum. He has been recognized for his admirable leadership and expertise, and in 2016 was awarded an Honorary Doctorate of Technology by the Aalto University Schools of Technology.

Dr. Françoise de Viron will serve as non-independent Director, Chair of the ESG Committee and Vice-Chair of the Board. She is currently a director of the Solvay Board, appointed in 2013. Ms. de Viron is a regarded academic leader and has extensive experience in innovation, R&D and qualitative research. She is a Professor Emeritus at the Faculty of Psychology and Education Sciences and Louvain School of Management at UCLouvain in Belgium where she has been an Academic Member of various groups at UCLouvain. Ms. de Viron previously served as the president of AISBL EUCEN – the European Universities Continuing Education Network. Prior to her university position, from 1985 to 2000, she was in charge of developing Artificial Intelligence applications at Tractebel S.A. (now Tractebel-Engie).

Roeland Baan will serve as independent Director. He currently serves as President and Chief Executive Officer of Topsoe, a privately-held leading provider of clean energy and petrochemical technologies. He is also Chairman of the Supervisory Board of SBM Offshore NV. Roeland Baan has extensive experience in supply chain management, M&A, business development and operations management. Prior to joining Topsoe in 2020, he was President and CEO of Outokumpu and has held several executive roles at global organizations such as Aleris International, ArcelorMittal and SHV NV. He spent over 16 years in various roles across the globe at Shell, living in South America, in Africa and in the United Kingdom.

Edouard Janssen will serve as non-independent Director. He is currently a Director on the Solvay Board, appointed in 2021. Earlier this year, he was appointed Chief Financial Officer of D’Ieteren Group, a European leader in automotive distribution services. Mr. Janssen is also a Board member of privately-held Financière de Tubize and Union Financière Boël, as well as Co-Founder and Chair of Trusted Family. Mr. Janssen is active in academics, as Vice-Chair of the International Advisory Board of the Solvay Brussels School of Economics and Management and on the advisory board of the INSEAD HGIBS. He brings expertise in finance, strategy, entrepreneurship, business management, planning and marketing. He has served as Solvay’s Vice President in strategy and M&A between 2019 and 2021, and prior to that, he was the US-based General Manager for North- and Latin America at Solvay’s Aroma Performance Global Business Unit.
 
Dr. Mary Meaney will serve as non-independent Director. She is currently a member of the Board of Directors and of the Audit Committee of Groupe Bruxelles Lambert SA. She also sits on the Board of Directors and the Remuneration Committee of Beamery, the privately-held talent management company. She is a member of the Board of Directors and of the Finance Committee of Imperial College, London.Dr. Meaney will bring expertise in Strategy, M&A, and change management, which she acquired over a 24-year career at McKinsey. She was a Senior Partner, served on the McKinsey Shareholders Council and led McKinsey’s global Organization practice.

Nadine Leslie will serve as independent Director and is based in the United States of America. She is currently a member of the Board of Directors of Provident Financial Services , as well as a Non-Executive Director of Seven Seas Water Corporation, a water and wastewater treatment multinational company. She also sits on the Board of Trustees of Hackensack Meridian Health Network and is active as strategic consultant for civil engineering firm T&M Associates. Over a 22-year career at Suez, Ms. Leslie held several leadership positions, the last one being Chief Executive Officer of Suez North America, until 2022. Previously she served as Executive Vice President Health & Safety.

More information:
Solvay Board of Directors
Source:

Solvay

03.11.2023

Lenzing implements performance program in response to lack of market recovery

  • Revenue of EUR 1.87 bn and EBITDA of EUR 219.1 mn in the first three quarters of 2023
  • Positive free cash flow of EUR 27.3 mn in the third quarter
  • Implementation of performance program focusing on positive free cash flow, strengthened sales and margin growth and sustainable cost excellence
  • Modernization and conversion of Indonesian site successfully completed – EU Ecolabel received

The anticipated recovery in markets relevant for the Lenzing Group has to date failed to materialize. The continued sharp increase in raw material and energy costs on the one hand and very subdued demand on the other had a negative impact on Lenzing’s business trends as well as on industry as a whole during the reporting period.

  • Revenue of EUR 1.87 bn and EBITDA of EUR 219.1 mn in the first three quarters of 2023
  • Positive free cash flow of EUR 27.3 mn in the third quarter
  • Implementation of performance program focusing on positive free cash flow, strengthened sales and margin growth and sustainable cost excellence
  • Modernization and conversion of Indonesian site successfully completed – EU Ecolabel received

The anticipated recovery in markets relevant for the Lenzing Group has to date failed to materialize. The continued sharp increase in raw material and energy costs on the one hand and very subdued demand on the other had a negative impact on Lenzing’s business trends as well as on industry as a whole during the reporting period.

Revenue in the first three quarters of 2023 decreased by 5.3 percent year-on-year to EUR 1.87 bn. This reduction was primarily due to lower fiber revenues, while pulp revenues were up. The earnings trend was mainly influenced by the market environment. As a consequence, earnings before interest, tax, depreciation and amortization (EBITDA) in the reporting period decreased by 16.7 percent year-on-year to EUR 219.1 mn. The net result after tax amounted to minus EUR 96.7 mn (compared with EUR 74.9 mn in the first three quarters of 2022), while earnings per share amounted to minus EUR 4.90 (compared with EUR 2.16 in the first three quarters of 2022).

Outlook
According to the IMF, a full return of the global economy to pre-pandemic growth rates appears increasingly out of reach in the coming quarters. In addition to the consequences of the pandemic and the ongoing war in Ukraine, growth is also being influenced by restrictive monetary policy and extreme weather events. The consequences of the renewed military confrontation in the Middle East are not yet foreseeable. Overall, the IMF warns of greater risks to global financial stability, and expects the growth rate to decrease to 3 percent this year and to 2.9 percent next year.

The currency environment is expected to remain volatile in the regions of relevance to Lenzing.

The general market environment is continuing to weigh on the consumer climate and on sentiment in the industries relevant to Lenzing.

In the trend-setting market for cotton, the current 2023/24 crop season is emerging as a further 1.7 mn tonnes of inventory build-up, following 1.8 mn tonnes of inventory build-up in the previous season.

Earnings visibility remains severely limited overall.

Lenzing is fully on track with the implementation of the reorganization and cost reduction program and on this basis is implementing a comprehensive performance program focused on positive free cash flow, strengthened sales and margin growth as well as sustainable cost excellence. The overarching goal is to position Lenzing even more strongly and to further increase its crisis resilience.

In structural terms, Lenzing continues to anticipate growth in demand for environmentally responsible fibers for the textile and clothing industry as well as the hygiene and medical sectors. As a consequence, Lenzing is very well positioned with its “Better Growth” strategy and plans to continue driving growth with specialty fibers as well as its sustainability goals, including the trans-formation from a linear to a circular economy model.

The successful implementation of the key projects in Thailand and Brazil as well as the investment projects in China and Indonesia will further strengthen Lenzing’s positioning in this respect.

Taking the aforementioned factors into consideration, the Lenzing Group continues to expect that EBITDA for the 2023 financial year will lie in a range between EUR 270 mn and EUR 330 mn.

Source:

Lenzing AG

26.10.2023

Source Fashion doubles again for February 2024

The appetite for responsible sourcing shows no sign of slowing with Europe's fastest-growing platform, Source Fashion expanding again for its next edition with a 50% increase in exhibitors to over 320 from around the world.

The gateway to the UK fashion industry, Source Fashion takes place on 18th - 20th February at Kensington Olympia London putting international manufacturers and suppliers at the fingertips of UK brands.

Source Fashion offers a unique experience for decision-makers in buying, sourcing and procurement, with the reassurance of knowing that every exhibitor has been audited to ensure sustainability and transparency remains at the heart of their business model. The next show unites manufacturers from the UK, India, Portugal, Turkey Madagascar, China, Sri Lanka, Nepal, Peru, Philippines, Ethiopia and many more. The show will also see the debut of manufacturers from Mongolia, Lithuania, and Tunisia.

The appetite for responsible sourcing shows no sign of slowing with Europe's fastest-growing platform, Source Fashion expanding again for its next edition with a 50% increase in exhibitors to over 320 from around the world.

The gateway to the UK fashion industry, Source Fashion takes place on 18th - 20th February at Kensington Olympia London putting international manufacturers and suppliers at the fingertips of UK brands.

Source Fashion offers a unique experience for decision-makers in buying, sourcing and procurement, with the reassurance of knowing that every exhibitor has been audited to ensure sustainability and transparency remains at the heart of their business model. The next show unites manufacturers from the UK, India, Portugal, Turkey Madagascar, China, Sri Lanka, Nepal, Peru, Philippines, Ethiopia and many more. The show will also see the debut of manufacturers from Mongolia, Lithuania, and Tunisia.

Suzanne Ellingham, Director of Sourcing of Source Fashion says; "Visitors will love the quality, diversity and variety of producers, makers and manufacturers from around the world with the best of the best in terms of high-quality knitted apparel, luxury wool knits, leather, denim, and more across our sectors including Fabrics, Accessories, Sportswear, Garment Manufacturers, Packaging, Yarns, Trims and Fixtures, plus Design & Technology."

Connecting global manufacturers and suppliers to buyers who want the security in knowing every conversation is one that could lead to a new range creation, Source Fashion is the gateway to retail for manufacturers and suppliers from across the world. From raw materials, fabrics, trims, and packaging, all the way through to contract manufacturers offering in house design services, the show brings the inspiration and tools together in one exciting destination to bring new ranges to life.

The July 2023 show welcomed some of retail's biggest names. Buyers, sourcing managers, product developers, technologists, and designers from brands and retailers including John Lewis, Mountain Warehouse, Fila, Selfridges, H&M, Lipsy, Lyle & Scott, Joules, FILA, Perry Ellis, JoJo Mamman Bebe, Monsoon, Fatface, Lulu Guinness, Next, Sainsburys, Vivienne Westwood, Stitch Fix, ASOS, Bella Freud, Burberry, Fat Face, Hackett, Harrods, NBrown, Monsoon and many more came to explore and source from Source Fashion's diverse mix of audited exhibitors.

With a content stage dedicated to presenting and discussing the latest trends, innovations, and topics in responsible and sustainable manufacturing from internationally renowned industry professionals, as well the inspirational Source Catwalk shows, Source Fashion is the must-attend event for the fashion community.

More information:
Source Fashion
Source:

Good Results PR