From the Sector

Through its new strategy ‘Own the Game’ adidas expects to generate substantial cumulative free cash flow until 2025. The company plans to share the majority of it – between € 8 and € 9 billion – with its shareholders through dividend pay-outs as well as through share buybacks. In this context, adidas had launched a share buyback program in July which was completed successfully at the end of September. Between July 1 and September 30, 2021, the company bought back 1,851,522 shares for a total amount of € 550 million.

Against this background, the Executive Board, with approval of the Supervisory Board, has decided to launch an additional share buyback program. Starting on October 18, 2021, the company plans to buy back shares worth € 450 million until the end of the year. Taking into consideration the share buyback completed at the end of September, adidas will buy back shares in a total amount of € 1 billion in 2021. Including the dividend payment of € 585 million in May, the company will return nearly € 1.6 billion to its shareholders this year.

“The decision to launch an additional share buyback program reflects our strong financial profile as well as the successful start of the execution of our strategy ‘Own the Game’,” said Harm Ohlmeyer, CFO of adidas. “Regular share buybacks and dividends in the amount of between € 8 and € 9 billion are a key component of ‘Own the Game’. They will be complemented by returning the majority of the cash proceeds from the Reebok divestiture to our shareholders after closing of the transaction.”  

adidas intends to cancel most of the repurchased shares, which would reduce the number of shares and the share capital accordingly.

Electronics For Imaging, Inc. announces its newest digital front end (DFE) server solution for digital printing – the EFI™ Fiery® FS500 Pro platform. Fiery FS500 Pro will help print providers meet the challenges of shorter runs, faster turnaround times, less experienced staff, increased security standards and the need to reduce cost. The new Fiery DFE platform brings innovation to an extensive line-up of new digital printers coming for office, commercial, in-plant, packaging, and textile printing.  

The Fiery FS500 Pro platform features five key areas:

• Faster job processing. Print providers will benefit from faster job processing time and up to 40% faster application launch time to produce more jobs per shift.
• Faster turnaround time for short runs. Advanced Fiery features speed up administration and production of print jobs in fast moving print shops.
• More sellable print, less waste. Fiery FS500 Pro has more tools available for detecting potential errors in files, reducing both production time and waste.
• More-accurate brand colors. A new Fiery TrueBrand solution for corporate users makes it easy to ensure accurate printing of brand colors from Microsoft Word or PowerPoint.
• Advanced security. Fiery FS500 Pro provides new features for high security environments, ensuring compliance with customer security requirements and industry standards.

Baldwin Technology Company Inc. will showcase its new portfolio of optimized LED-UV curing, IRdrying and automated cleaning solutions—all specifically designed for corrugated high-graphics printers—at the European Federation of Corrugated Board Manufacturers (FEFCO) Technical Seminar, held October 20 to 22 in Copenhagen, Denmark.

Baldwin’s FlexoCleanerBrush™ removes hickeys in four seconds and can clean plates within three to four minutes, increasing print quality and providing a cleaner, safer work environment. This automated cleaner removes fibers, debris and fine lines from printing plates at the beginning, during or at the end of a job, allowing printers to achieve optimal quality with minimal downtime—Baldwin has a proven track record of enabling significant productivity improvements for its long list of customers. Designed to replace all manual activities, this cleaning system eliminates skin contact with wash agents, increasing workers’ safety.

For wide-format flexo corrugated box printing, Baldwin’s AMS Spectral UV has engineered CorruCure™, a new generation of LEDUV technology that offers more than a 60% reduction in power consumption in an ultra-compact UV lamp head. This revolutionary solid-state curing system, designed specifically for corrugated LED printing, emits almost no heat or ozone, and accommodates width-switching. It also enables the curing of high-value decorative solutions, such as full-gloss, spot and matte coating effects on a variety of corrugated substrates, making it the ideal addition for product enhancement.

Lastly, Baldwin’s FlexoDry2™ infrared dryer, developed for corrugated flexo printing presses, utilizes patented Diamond IR lamps capable of reducing energy consumption by up to 30%, when compared to traditional IR dryers with aluminum or gold reflectors. Dramatically improved drying enhances color definition, and reduces or eliminates marking, while allowing full-speed printing. The system offers an optional integrated hot-air knife with temperature control to provide better surface drying. Taking safety into consideration, the FlexoDry2 comes with an integrated safety light curtain as standard and an optional camera vision system.

• Hightech textiles for future-oriented construction projects

Building shells, bridges, staircases, façades ... construction projects are exposed to enormous mechanical loads. Often there are also considerable climatic or environmental influences. This has prompted the increasing use of fibre-reinforced materials in construction projects. After all, besides many other exciting properties, they offer high mechanical rigidity, low weight and excellent corrosion resistance.

Tapes, tubulars, sections and 3D woven textiles by vombaur form the perfect basis for these innovative building materials. The seamless round or shaped woven narrow textiles made of high-performance fibres are extremely loadable because they have neither seams nor welds – and therefore no undesirable breaking points. Their surface properties are identical over the entire length. In challenging tasks, composite textiles by vombaur offer a lightweight solution that is as reliable as it is durable.

Safe and durable solutions for challenging applications
The potential applications for lightweight components in the construction industry are as numerous as the project ideas of the planning and construction teams.
•    Ropes and tensioning elements made of carbon fibre reinforced plastic (CFRP)
•    Reinforcement of building structures made of concrete, steel, wood or other materials
•    Sustainable restructuring of constructions and urban districts for bridges and buildings
•    CFC slats as reinforcements in case of repairs
•    (Filled) GRP pipes made of seamless round woven tubes by vombaur as columns/pillars
•    CFRP sections as steel girder substitutes
•    Hollow profiles with individually designed cross-sections
•    Glass fibre reinforced connecting elements for glazing to minimise expansion differences between the connecting element and the glass
•    Individual light wells

Implementing visions – with composite textiles by vombaur
As your development partner, vombaur facilitates innovative composites projects for challenging applications. In innovative and safety-sensitive industries such as automotive and aviation, chemical and plant engineering.  The composites experts at vombaur develop, create samples of and manufacture woven tapes and seamless round or shaped woven textiles by vombaur – in collaboration with the customer's enterprise development teams and individually for the respective projects. This is how novel and unique lightweight components made of high-performance textiles are created for visionary lightweight construction projects.

"Fibre-reinforced composites are the ideal material for future-oriented construction projects," explains Dr.-Ing. Sven Schöfer, Head of Development and Innovation at vombaur. "Their outstanding technical properties and design possibilities open up new and fascinating perspectives for construction projects. From building construction to civil engineering, from bridge construction to interior design. As an experienced development partner for sophisticated lightweight components, we at vombaur contribute our seamless solutions to these kinds of future-oriented projects."

• EFI Reggiani TERRA Silver Makes Debut at Fespa Global Print Expo 2021 for a Short, Smart and Green Process
• The new, industrial, entry-level EFI™ Reggiani TERRA Silver textile printer from Electronics For Imaging, Inc. is making its debut at the Fespa Global Print Expo 2021 tradeshow, 12-15 October at RAI Amsterdam.
• The EFI Reggiani TERRA Silver uses unique TERRA pigment ink for high-quality, highly sustainable direct-to-textile printing without steaming or washing.       

“This is one of the first trade shows to return after the pandemic, and we are very excited to again meet customers in person and showcase an innovative offering that delivers superior printing results while using less time, water and energy,” said EFI Reggiani Vice President and General Manager Adele Genoni. “We are introducing this advanced EFI Reggiani TERRA Silver solution to the many print service providers at Fespa, presenting them with an ideal path to enter the industrial textile segment with a short, smart and green production process.”

The new-version TERRA Silver printer is part of EFI’s complete TERRA line-up of pigment ink printer solutions. It is a 180-cm wide printer that can print up to 190 sqm per hour with eight dual-channel printheads. The printer also features:

•    A new recirculating ink system for superior reliability and minimum maintenance
•    Several printing modes to ensure maximum flexibility in terms of design capability
•    New, real-time image processing that eliminates time spent in image pre-calculations
•    A user friendly, intuitive interface
•    A more-efficient polymerisation process that takes place as printed textile goes through the printer’s on-board dryer.

In Fespa stand 1-G71, attendees can see the EFI Reggiani TERRA Silver print smoothly and precisely on knitted and woven fabrics. The printer’s quality is evident in its high-uniformity printing modes, and it delivers numerous features that enhance the production process, including an accurate WYSIWYG interface and flexible queue management.
 
EFI Reggiani is also a leading developer of textile inks. The EFI Reggiani TERRA pigment inks used on the Silver model deliver excellent wet and dry fastness properties and remarkable sharpness in detail. Designed to leverage EFI Reggiani digital printers’ market-proven industrial performance capabilities, these eco-friendly, water-based inks provide an extraordinary level of print durability and yield longer print head life with reduced maintenance costs. The high-performance digital pigment inks also use an innovative binder technology for fast, sustainable, and cost-competitive industrial textile printing on the widest range of fabrics. Users also gain superior print definition and colour intensity.
 
This year, EFI Reggiani celebrates 75 years of heritage and innovation in the textile world. Always committed to deliver to the market new cutting-edge technologies, EFI Reggiani has world-class products offering boosted uptime and reliability, high performance throughput, and remarkable printing uniformity and accuracy – all while helping customers increase the sustainability of their textile manufacturing activities. Green EFI Reggiani processes give users fast, complete and sustainable solutions across a broad range of textile applications.
 
In this 75th anniversary year, EFI Reggiani has also launched several other ground-breaking solutions, such as EFI Reggiani HYPER, the fastest scanning digital printer on the market, and the EFI Reggiani BLAZE, an industrial entry-level, easy-to-use printer designed to give new textile companies the opportunity to adopt digital inkjet production with a compact solution to blaze a successful path into the industry.

Two long-established companies are joining forces: as of October 2021, textile finishing specialist AG Cilander from Herisau, Switzerland, will acquire 100 percent of ALUMO AG, an Appenzell-based manufacturer known for producing ultra-fine cotton fabrics to exacting Swiss quality standards.

The textile finishing industry is an environment in which quality, new technologies and a keen interest in innovative textile solutions play a crucial role. In this business, strong, reliable alliances with customers and partners are vital pillars to allow growth while still satisfying the high expectations set for the materials used. By acquiring ALUMO AG, the world leader in ultra-fine cotton fabrics, AG Cilander expands into a new market segment, setting the course for successfully broadening its product portfolio and tapping into new sales markets.

Both companies can look back on a long tradition of expertise in the textile industry, and their partnership has been a very successful one for years.

ALUMO AG will continue to operate as an independent company based in Appenzell, keeping the same strategic direction in the fabrics offered and the same standards for excellence in service and quality.

Elleti Group, an Italian manufacturer specialized in denim treatments and garment making, will present an innovative approach: how we experience denim and its transformation processes.

Elleti Group will display its “Green Replicants” project in a new and improved “Lighter. Better. Wiser.” edition.  This project, inaugurated a few years ago, recreates some of the iconic pieces from the Elleti Group Museum of Denim (dating back to the 19th century) with today’s most advanced environmentally sustainable technologies. This special edition replicas are fully developed using the latest addition to the sustainable tools of the company: the “Wiser Wash” technology, a patented washing method that eliminates the use of all potentially harmful chemicals and pumice stone, while drastically reducing the water consumption throughout the process.
 
Moreover, at the Immaterial M.O.D.E. booth, a special project designed by Denim Première Vision and realized in collaboration with Elleti Group and Sense – Immaterial Reality will take visitors through an Augmented Reality installation to explore a selection of legendary pieces from M.O.D.E., Museum of Denim by Elleti Group. By downloading the app, available on every digital store, on your phone or tablet and looking out for the signage on site, unique denim masterpieces will be at everyone’s fingertips.

Itema, a worldwide manufacturer of weaving solutions, will be for the first time at the Denim Première Vision fair. The company is renowned in the industry to be one of the only manufacturers to produce all the top three weft insertion technologies – rapier, air-jet and projectile.

The company will highlight the iSAVER® technology: designed by Itemalab®, the Itema advanced innovation company. Thanks to iSAVER®, one thousand kilos of cotton per loom a year will be saved – i.e. 3% of total raw materials – which will prevent wasting 20 million litres of water, while saving costs for about €2.000 a year on each loom. iSAVER® significantly contributes in making the denim production greener.

With PicConnect, a new fully digital platform, Picanol is offering a wide range of features, from industrial IoT to service-related applications. PicConnect is a web-based application that can be accessed through a web browser on any device and it functions as the gateway to all Picanol’s digital services. The platform is cloud-based and it allows connecting the Picanol weaving machines to the platform in order to leverage its full extent of possibilities.

“PicConnect enables weavers to quickly react to changes in the weaving room, and it will have an immediate impact on the performance of the weaving machines. It will not only change how weavers interact with their machines but also the way they interact with Picanol. For this reason, Picanol can boldly state that PicConnect is bringing weavers into the era of intuitive weaving,” comments Johan Verstraete, Vice President Weaving Machines.

The first four applications that will be launched as part of PicConnect are: production monitoring, energy monitoring, style administration, and PartsLine, which is Picanol’s new online webshop.

• HIGHER, FASTER, FURTHER ! During the first physical Frankfurt Fashion Week in January 2022, PREMIUM GROUP will show more novelties than ever.

The anticipation is rising! With the actual move to Frankfurt in January 2022, Anita Tillmann, Jörg Arntz and the teams will not only present further developed versions of the PREMIUM and SEEK fashion fairs, but will also celebrate a major B2C festival for the first time with THE GROUND.

More than ever, the Berliners‘ passion for people and fashion, but also for business and trading, is at the heart of all their events. And where better to combine all this than in the power metropolis of Frankfurt am Main.

„No city in Germany - no city in Europe - stands for business relevance and trading power as much as Frankfurt am Main,“ explains Tillmann. „We now have a unique opportunity to actively shape the future together. PREMIUM GROUP provides the industry with the platform, the brands with the creative content. In addition, we do what we do best, introduce the right players to each other and connect them. We bring together the movers and shakers who have the same drive as we do. With this new mix of location, entertainment, creative industry and trading focus, we are creating a unique momentum after the pandemic - January is when the big deals are made and the c ourse is set for the future.“

To achieve this goal, the PREMIUM GROUP teams have also given the proven successful formats PREMIUM and SEEK a new coat of paint. More space, new areas and shorter distances provide visitors with a completely new trade event experience. Trends, brands and events can be discovered together with new and well-known partners - for the first time all in one place!

And PREMIUM, which is already entering its 19th year in January, is also showing a new side in Frankfurt. Instead of being spread out like in Station-Berlin, in Frankfurt all brands show their collections in one big hall. „We are so excited to finally unite all exhibitors in one hall. This way we create a universe with many different worlds - colorful and exciting,“ says Wiebus. „We are in close exchange with all the protagonists throughout the year and continue to develop the concepts together. The entire industry is positive about coming together in Frankfurt. Everyone is keen to experience and create something completely new! We offer the framework for this - that is our strength.“

And the Berliners have another surprise in store for the Frankfurt debut: With THE GROUND, they are organizing a large fashion festival for young end consumers for the first time. Responsible for the event concept, in addition to Tillmann, Arntz and the PREMIUM GROUP- team, is B2C expert Kai Zollhöfer, who already made the Bread & Butter by Zalando a crowd puller. “THE GROUND is a B2C festival aimed at a young, purpose-driven generation. This new generation has a strong stance on current social and environmental challenges and expects brands to reflect them. The overriding themes at THE GROUND are therefore sustainability, diversity and equality”, said Zollhöfer.

The 3-day event offers brands the opportunity to interactively exhibit purpose-driven stories and products. In addition to the thematic focus on fashion, brands from the fields of wellbeing, beauty, mobility and technology will also present innovative products and solutions.

Archroma celebrates 8 years of leading the way to a sustainable world, with innovations and solutions aimed at creating added value sustainable for its partners, consumers and the planet.

Archroma came to life on 1st October 2013 from textile, paper and emulsions businesses acquired from Clariant by SK Capital Partners.
Building on decades of commitment to developing safer eco-friendlier chemistry, Archroma has become in the past 8 years a prominent name for more sustainable colors and performance, collaborating with leading brands such as Primark, G-Star, Patagonia, Esprit and more.

Archroma has introduced innovations, such as the EarthColors® made from non-edible plant waste from the food and herbal industry, Denisol® Pure, an indigo for aniline-free* denim, aniline being a category 2 carcinogen substance, and Smartrepel®, a PFC-free* water repellent solution. The company is also about to launch a new plant-based softener.

The company started to develop holistic solutions designed to bring innovation and performance, whilst reducing the impacts on water, energy and other natural resources. The savings generated by these 70+ system solutions are demonstrated by Archroma's proprietary ONE WAY Impact Calculator, a tool launched in 2012 and continuously upgraded to simulate and optimize the footprint of application processes.

Archroma also recently launched CASUAL X SMART, a sulfur dyeing system for trendy wash-down effects to make clothes that look smart at home and at work. The colors won't fade in the washing cycle, and the application process allows resource savings of up to 33% water, 21% energy and 35% chemical usage compared to a benchmark reactive & pigment garment dyeing.

With ONE WAY, a brand can calculate how much impact their current production and the Archroma Way collection will have on water, energy, chemical, raw material or CO2 footprint.