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24.03.2023

adidas: FY Results of 2022 and Outlook for 2023

Major developments FY 2022

  • Currency-neutral revenues up 1% reflecting growth in all markets except Greater China
  • Double-digit increases in North America and Latin America, EMEA up high single digits
  • Gross margin declines to 47.3% due to strong increase in supply chain costs and discounting  
  • Operating profit at € 669 million, including one-off costs of € 312 million
  • Operating margin decreases to 3.0%  
  • Net income (continuing operations) of € 254 million includes € 350 million one-off costs
  • Executive and Supervisory Boards propose dividend of € 0.70 per share

Major developments Q4 2022

Major developments FY 2022

  • Currency-neutral revenues up 1% reflecting growth in all markets except Greater China
  • Double-digit increases in North America and Latin America, EMEA up high single digits
  • Gross margin declines to 47.3% due to strong increase in supply chain costs and discounting  
  • Operating profit at € 669 million, including one-off costs of € 312 million
  • Operating margin decreases to 3.0%  
  • Net income (continuing operations) of € 254 million includes € 350 million one-off costs
  • Executive and Supervisory Boards propose dividend of € 0.70 per share

Major developments Q4 2022

  • Currency-neutral revenues decline 1% impacted by termination of Yeezy partnership
  • Gross margin at 39.1% reflecting increased supply chain costs and higher discounting
  • Operating loss of € 724 million
  • Net loss from continuing operations of € 482 million

Outlook for 2023
Underlying operating profit expected to be around break-even level

In 2023, adidas expects currency-neutral revenues to decline at a high-single-digit rate as macroeconomic challenges and geopolitical tensions persist. Elevated recession risks in Europe and North America as well as uncertainty around the recovery in Greater China continue to exist. The company’s revenue development will also be impacted by the initiatives to significantly reduce high inventory levels. In addition, while the company continues to review future options for the utilization of its Yeezy inventory, the guidance already reflects the revenue loss of around € 1.2 billion from potentially not selling the existing stock. Accounting for the corresponding negative operating profit impact of around € 500 million, the company’s underlying operating profit is projected to be around the break-even level in 2023.

Reported operating loss of € 700 million projected
Should the company irrevocably decide not to repurpose any of the existing Yeezy product going forward, this would result in the potential write-off of the existing Yeezy inventory and would lower the company’s operating profit by an additional € 500 million this year. In addition, adidas expects one-off costs of up to € 200 million in 2023. These costs are part of a strategic review the company is currently conducting aimed at reigniting profitable growth as of 2024. If all these effects were to materialize, the company expects to report an operating loss of € 700 million in 2023.

Source:

adidas AG

23.03.2023

Haelixa added to the Denim Deal

The steering committee for the Denim Deal has announced that Haelixa, the Swiss standard in physical traceability, is approved as a new signature. The Denim Deal is an international collaboration of more than 50 private and public sector companies united in the commitment to produce denim more circularly.

The Denim Deal aims to close the loop and achieve change in the value chain. Based in Amsterdam, the group is working towards a circular economy where textile waste no longer exists. The brand and manufacturing members pledge to work towards using 5% recycled post-consumer cotton in all future denim collections and produce 3 million denim jeans made with 20% recycled post-consumer cotton.

The steering committee for the Denim Deal has announced that Haelixa, the Swiss standard in physical traceability, is approved as a new signature. The Denim Deal is an international collaboration of more than 50 private and public sector companies united in the commitment to produce denim more circularly.

The Denim Deal aims to close the loop and achieve change in the value chain. Based in Amsterdam, the group is working towards a circular economy where textile waste no longer exists. The brand and manufacturing members pledge to work towards using 5% recycled post-consumer cotton in all future denim collections and produce 3 million denim jeans made with 20% recycled post-consumer cotton.

Coordination of the Denim Deal is led by Roosmarie Ruigrok, where the objective is to unite potential allies who have made the journey to circularity a priority. She has been working to improve sustainability in textiles for more than two decades and is an expert on enrolling the correct stakeholders to instigate change. Ruigrok states, "a circular supply chain in the textile industry is like a well-prepared machine - it ensures that every part of the production process runs smoothly, from sourcing post-consumer materials to delivering well-made finished products to customers. It not only drives efficiency and profitability but also builds trust among stakeholders and fosters sustainable practices - we welcome Haelixa who offers a trustful traceability solution."

Over the last few years, the demand for the technology in recycled denim has grown as brands are asked to validate their recycling claims. Haelixa’s unique DNA solution marks and traces fibers from the source to retail. Using DNA to mark the recycled post-consumer cotton, Haelixa substantiates claims by testing the final garment to validate that the marked waste is present.

The Denim Deal is pushing to lead the change in how denim is made. Changing the standards of operation is always challenging, and traceability is a key to authenticating recycled claims. “We are committed to promoting the use of recycled fibers through traceability and thrilled to align with this group,” said Holly Berger, Haelixa’s Marketing Director. “The goals of the Denim Deal support our vision for a circular economy.”

Source:

Haelixa AG

08.03.2023

Carbios joins Ellen MacArthur Foundation

Carbios announces its membership of the Ellen MacArthur Foundation’s Network. Carbios shares the Foundation’s commitment to accelerate the transition to a circular economy, especially in the areas of plastics and fashion. By joining the Ellen MacArthur Foundation’s Network, Carbios will connect with other leaders within the Foundation’s leading circular economy network of businesses, policymakers, academia, innovators, and thought leaders worldwide.

Carbios fully adheres to Ellen MacArthur Foundation’s vision for a circular economy for plastic. Its biorecycling and biodegradation technologies already match the actions defined by the Foundation:

Carbios announces its membership of the Ellen MacArthur Foundation’s Network. Carbios shares the Foundation’s commitment to accelerate the transition to a circular economy, especially in the areas of plastics and fashion. By joining the Ellen MacArthur Foundation’s Network, Carbios will connect with other leaders within the Foundation’s leading circular economy network of businesses, policymakers, academia, innovators, and thought leaders worldwide.

Carbios fully adheres to Ellen MacArthur Foundation’s vision for a circular economy for plastic. Its biorecycling and biodegradation technologies already match the actions defined by the Foundation:

  • Eliminate all problematic and unnecessary plastic items
  • Innovate to ensure that the plastics we do need are reusable, recyclable, or compostable
  • Circulate all the plastic items we use to keep them in the economy and out of the environment

Through ambitious collaborative projects, plastics and fashion are two topic areas for the Foundation and are also at the heart of Carbios’ activities. Providing actionable solutions to support brands’ ambitious commitments for sustainable packaging and textile industries, Carbios has founded two consortiums: one in the packaging industry established with L’Oréal in 2019, which has since been joined by Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe; another created in 2022 in the textile industry with apparel and fashion brands On, Patagonia, PUMA, PVH Corp. and Salomon. Together, the consortium members develop solutions promoting the recyclability and circularity of their products.

Joining the Ellen MacArthur Foundation’s Network takes Carbios’ circular economy actions one step further. Carbios recently underscored its commitment to circularity and environmental responsibilities by publishing its first Sustainability Report at the end of 2022[1]. In 2019, Carbios’ biorecycling and biodegradable solutions were among the first innovations to be labelled “Efficient Solution” by the Solar Impulse Foundation[2].

[1] Cf. press release dated 15 December 2022
[2] The Solar Impulse Foundation has identified over a thousand clean and profitable solutions that are economically viable and can be implemented on a large scale.

Source:

Carbios

(c) Shima Seiki
02.03.2023

SHIMA SEIKI at FIMEC 2023

Flat knitting solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Brazilian representative BRASTEMA TECNOLOGIA TEXTIL LTDA., will participate in the FIMEC 2023 46th International Fair of Leather, Chemicals, Components, Machinery and Equipment for Footwear and Tanneries in Rio Grande do Sul, Brazil next month.

Working off the recent trend in knitted shoe uppers in the athletic footwear market, SHIMA SEIKI proposes knitted fabrics to the general footwear market as an alternative to leather. To that end SHIMA SEIKI will be showcasing the latest applications of computerized flat knitting technology to demonstrate its contributions in this field.

Flat knitting solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Brazilian representative BRASTEMA TECNOLOGIA TEXTIL LTDA., will participate in the FIMEC 2023 46th International Fair of Leather, Chemicals, Components, Machinery and Equipment for Footwear and Tanneries in Rio Grande do Sul, Brazil next month.

Working off the recent trend in knitted shoe uppers in the athletic footwear market, SHIMA SEIKI proposes knitted fabrics to the general footwear market as an alternative to leather. To that end SHIMA SEIKI will be showcasing the latest applications of computerized flat knitting technology to demonstrate its contributions in this field.

As pioneer of WHOLEGARMENT® knitting technology whereby the knitted product can be produced in one entire piece on the machine without linking or sewing, the company is showing the MACH2XS WHOLEGARMENT® knitting machine for the first time at FIMEC. MACH2XS features 4 needle beds and SHIMA SEIKI's original SlideNeedle™, capable of producing high-quality fine gauge WHOLEGARMENT® products in all needles. Proposals include WHOLEGARMENT® sportswear as well as seam-free shoe uppers. For conventional shaped knitting of shoe uppers, the SVR123SP machine features a loop presser bed that permits inlay technique for producing hybrid fabrics with both knit and weave characteristics, suited to shoe upper applications that require form-fitting function, comfort, flexibility, breathability as well as strength and stiffness. SVR123SP furthermore features i-Plating inverse-plating capability for increased patterning capability, including the production of jacquard-like patterns in light-weight plain jersey stitch. Also on show will be the compact SVR093 machine with a short knitting width intended for knitting shoe uppers. Both SVR machines feature such SHIMA SEIKI innovations as DSCS® Digital Stitch Control System, spring-type moveable sinker system, stitch presser, yarn gripper and cutter, and takedown comb. Made-in-Japan quality, reliability, productivity, user-friendliness and cost-performance all combine to satisfy the high expectations of the world's shoe industry.

SHIMA SEIKI’s SDS®-ONE APEX4 3D design system will also be available for demonstrations in design and simulation suited to shoe production. Of particular interest is its ultra-realistic simulation capability that realizes Virtual Sampling. When countless variations must be evaluated before arriving at a final design, virtual product samples can be used to streamline the decision-making process by minimizing the enormous amount of time and cost normally associated with producing actual samples for each variation. The sustainability factor is also undeniable.

Source:

Shima Seiki

Texaid
02.03.2023

New project “Transform Textile Waste into Feedstock”

Textile waste is a problem in Europe. Out of 7-7.5 million tonnes of textiles discarded every year, 30-35 % are collected separately – and of that quantity, 15-20 % are sorted by medium and larger sorting facilities within the EU. After sorting, 60 % still qualify as wearable clothes, however after a second or third collection-loop, all of the textiles become non-wearable sooner or later. Therefore, fibre-to-fibre recycling is becoming increasingly important to preserve the valuable resources.
 
The textile recycling value chain is not yet mature, but we are on the verge of a turning point, as different fibre-recycling technologies are deployed on a large scale. If successful, the textile recycling industry could reach a recycling rate of 18 to 26 percent of gross textile waste in 2030. This would create economic, social and environmental value that could total 3.5 to 4.5 billion euros in 2030.

Textile waste is a problem in Europe. Out of 7-7.5 million tonnes of textiles discarded every year, 30-35 % are collected separately – and of that quantity, 15-20 % are sorted by medium and larger sorting facilities within the EU. After sorting, 60 % still qualify as wearable clothes, however after a second or third collection-loop, all of the textiles become non-wearable sooner or later. Therefore, fibre-to-fibre recycling is becoming increasingly important to preserve the valuable resources.
 
The textile recycling value chain is not yet mature, but we are on the verge of a turning point, as different fibre-recycling technologies are deployed on a large scale. If successful, the textile recycling industry could reach a recycling rate of 18 to 26 percent of gross textile waste in 2030. This would create economic, social and environmental value that could total 3.5 to 4.5 billion euros in 2030.

Today, there is a sorting gap to achieve a circular economy for textiles in Europe. To feed this new circular value chain, a significant sorting-capacity increase is needed with 150 to 250 sorting and recycling facilities nearby, as the McKinsey-study “turning waste into value” assessed.

There is also a technology and capacity gap in sorting for reuse and recycling to ensure that high quality raw materials from non-wearable textile waste can be made available on a large scale. This is why the “Transform Textile Waste into Feedstock” project was initiated by TEXAID, within the ReHubs initiative together with well-known stakeholders of the textile value chain.

The major outcome of this project will be a sorting-factory blueprint fulfilling the requirements to the future needs of fibre-to-fibre recycling, enabling the future of more sustainable textiles by using recycled fibres. TEXAID, who is leading the project, is committed to build and operate scalable sorting facilities across Europe, the first with a capacity of 50,000 tonnes by the end of 2024.

Companies like Concordia, CuRe Technology, Decathlon, Inditex, Indorama Ventures, L’Atelier des Matières, Lenzing, Marchi & Fildi, PurFi, Södra, Worn Again and others are taking part in the project to jointly evaluate technologies and the business case for scaled sorting for reuse and recycling. ITA Academy GmbH (in cooperation with RWTH Aachen) together with CETIA has been commissioned for the assessment of technologies. The outcome will be an innovative sorting system 4.0, building on cross-functional technologies with digitalization and automation are at the heart.

Photo CHIC Shanghai
13.02.2023

CHIC Shanghai postponed by three weeks to March 28-30, 2023

CHIC - China International Fashion Fair starts the new year with a new date and fresh ideas. The unrestricted entry to China is possible again and CHIC March will be postponed by three weeks to facilitate visa applications.

From March 28 to 30, 2023 around 1,600 exhibitors will meet on 117,200 sqm at CHIC at the National Exhibition & Convention Center (NECC) in Shanghai.

In 5 halls the fair presents itself in clearly structured segments with the big players and young, up-and-coming designers as well as exciting niche brands in the areas of womenswear, menswear, kidswear, denim, shoes, bags and accessories, young fashion, sportswear, designer brands and overseas brands.

CHIC - China International Fashion Fair starts the new year with a new date and fresh ideas. The unrestricted entry to China is possible again and CHIC March will be postponed by three weeks to facilitate visa applications.

From March 28 to 30, 2023 around 1,600 exhibitors will meet on 117,200 sqm at CHIC at the National Exhibition & Convention Center (NECC) in Shanghai.

In 5 halls the fair presents itself in clearly structured segments with the big players and young, up-and-coming designers as well as exciting niche brands in the areas of womenswear, menswear, kidswear, denim, shoes, bags and accessories, young fashion, sportswear, designer brands and overseas brands.

Around 120,000 trade visitors are expected at the upcoming CHIC, serving all major distribution channels in China such as large shopping malls and department stores, agents, distributors, buyers from multi-brand and concept stores, live stream providers, etc. The CHIC organizers invest in intensive visitor marketing measures. CHIC Matching, the successful networking system of CHIC, brings exhibitors and visitors together efficiently and individually. New contacts can be made and cooperation opportunities explored. Comprehensive marketing activities via all relevant channels such as the CHIC WeChat Public Account (> 200,000 subscriptions), the CNGA WeChat mini program (> 100,000 subscriptions) and TikTok ensure visibility.

New: CHIC Showroom, the innovative young showroom concept in Beijing, which is to be expanded and will enable international brands to enter the Chinese market in the medium term.

More information:
CHIC Shanghai
Source:

JANDALI

08.02.2023

NCTO: US Vice President Kamala Harris announces investments for industry

The National Council of Textile Organizations (NCTO), representing the full spectrum of the U.S. textile industry from fibers through finished sewn products, welcomed Vice President Kamala Harris’ announcement of $585 million in new textile and apparel investments and sourcing commitments in Central America.

“Over the past year, well over $1 billion of new textile and apparel investments have been announced in Central America and the United States,” said NCTO President and CEO Kim Glas.  “The $585 million of investments and sourcing commitments announced today in the region will continue to build on the strong momentum of growth of nearshoring and onshoring these critical supply chains.”

The National Council of Textile Organizations (NCTO), representing the full spectrum of the U.S. textile industry from fibers through finished sewn products, welcomed Vice President Kamala Harris’ announcement of $585 million in new textile and apparel investments and sourcing commitments in Central America.

“Over the past year, well over $1 billion of new textile and apparel investments have been announced in Central America and the United States,” said NCTO President and CEO Kim Glas.  “The $585 million of investments and sourcing commitments announced today in the region will continue to build on the strong momentum of growth of nearshoring and onshoring these critical supply chains.”

“The investments and sourcing commitments announced today continue to build on the robust textile and apparel co-production chain between the U.S. and Central America,” said NCTO President and CEO Kim Glas. “We sincerely appreciate the administration’s commitment to this critical manufacturing sector that has contributed to the backbone of economic development in Central America and the United States. And we look forward to working with our retail and brand partners to continue to expand our vital manufacturing sector.”

Over the last year, substantial investments have been flowing into Central America, predicated on the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) and the co-production chain that facilitates $15.1 billion in two-way textile and apparel trade and supports more than one million workers in the U.S. and the region.

“We saw apparel imports largely containing U.S. textile inputs from the CAFTA-DR region jump 24 percent according to the latest government trade data and we have seen well over $1 billion in investments in the region,” Glas said.

Several NCTO members previously joined the Vice President last year to announce their investments and sourcing commitments, including Parkdale Mills, Unifi, and SanMar.

“These are just a few of the key investments in the region, which illustrates how this co-production chain is continuing to make sustainable investments that strengthen supply chain resilience, create job opportunities and investment in the U.S. and the region, and ensure transparency in our supply chains, as momentum grows for onshoring and nearshoring textile and apparel production,” Glas said. “That is a win-win for our industry and the region.”

(c) adidas AG
03.02.2023

adidas launches new Label

  • adidas’ first new label in five decades, adidas Sportswear, built for everyday movements and occasions, will launch worldwide from 9 February 2023
  • Following Jenna Ortega joining its global family, the brand also announces her as the face of the new label and its ‘All That You Are’ campaign
  • The new line is fronted by AVRYN and Tiro Suit to level up the wearer’s style for the everyday

Complementing the brand’s Performance and Originals labels, the new line adidas Sportswear aims to level up the wearer’s everyday look via a range of fresh fits that use the latest performance technology to bring the same comfort and confidence to the everyday, as its performance collections have been for athletes for decades.

Actress Jenna Ortega makes her adidas debut fronting the all-new label and its Spring Summer 23 collection. Cementing herself as a next generation icon; often seen moving through the heart of culture with style, passion and purpose, unapologetically expressing all that she is and all that she stands for.

  • adidas’ first new label in five decades, adidas Sportswear, built for everyday movements and occasions, will launch worldwide from 9 February 2023
  • Following Jenna Ortega joining its global family, the brand also announces her as the face of the new label and its ‘All That You Are’ campaign
  • The new line is fronted by AVRYN and Tiro Suit to level up the wearer’s style for the everyday

Complementing the brand’s Performance and Originals labels, the new line adidas Sportswear aims to level up the wearer’s everyday look via a range of fresh fits that use the latest performance technology to bring the same comfort and confidence to the everyday, as its performance collections have been for athletes for decades.

Actress Jenna Ortega makes her adidas debut fronting the all-new label and its Spring Summer 23 collection. Cementing herself as a next generation icon; often seen moving through the heart of culture with style, passion and purpose, unapologetically expressing all that she is and all that she stands for.

Jenna Ortega shared: “The way I express myself, whether this is vocally or aesthetically, is something I personally put a lot of energy into as I know how much power it can have in inspiring others. Embracing all that I am and all that I stand for continues to be a journey and through new experiences, I am learning and discovering more sides to myself. I am huge advocate of expressing all your different pursuits, passions, and traits, whether that is through what you do, what you wear or what you champion – which is why I was so excited to work with adidas on this new label.”

The adidas Sportswear collection offers specific performance technologies through simple cutlines, colorways and stripped back design details, with comfort running through its every fiber. The collections includes the Tiro Suit,  adidas’ iconic tracksuit silhouette with a deep heritage in football, and AVRYN, a shoe made in part with recycled materials.

Alongside Jenna Ortega, the campaign will also see a wider collective of adidas partners coming together to celebrate a comfort-first mindset and the power of self-expression, including Premier League current golden boot holder and music lover Son Heung-min, professional basketballer, off-court sketching enthusiast and self-care advocate Trae Young, Women’s Super League forward and nature lover Mary Fowler and renowned gamer and thrill-seeker Carolina Voltan.

Source:

adidas AG

20.01.2023

Asia meets EMEA: Assyst and Style3D join forces

  • Style3D is sole shareholder of Assyst
  • Integration of both product lines from 3D design to production
  • Assyst remains independent within Style3D

Assyst GmbH is as of now part of Style3D. The German fashion technology market leader and the leading 3D software company are joining forces. For Assyst customers and partners nothing will change.
 
Die Assyst GmbH betreibt ihre Geschäfte weiterhin eigenständig, entwickelt alle ihre Produkte weiter und strebt mit Style3D eine gemeinsame, durchgängige Produktwelt an. Der erste gemeinsame Auftritt des Assyst-Style3D-Teams findet bereits auf der Assyst Experience im Rahmen der Munich Fabric Start (24.-26. Januar 2023) statt.

Assyst will continue to operate its business independently and to develop, sell, and service all its existing products. Style3D and Assyst will start to integrate their products into a universal, seamless product world. The Assyst-Style3D team will make its first joint appearance already at the end of January at the Assyst Experience at Munich Fabric Start (24-26 January 2023).

  • Style3D is sole shareholder of Assyst
  • Integration of both product lines from 3D design to production
  • Assyst remains independent within Style3D

Assyst GmbH is as of now part of Style3D. The German fashion technology market leader and the leading 3D software company are joining forces. For Assyst customers and partners nothing will change.
 
Die Assyst GmbH betreibt ihre Geschäfte weiterhin eigenständig, entwickelt alle ihre Produkte weiter und strebt mit Style3D eine gemeinsame, durchgängige Produktwelt an. Der erste gemeinsame Auftritt des Assyst-Style3D-Teams findet bereits auf der Assyst Experience im Rahmen der Munich Fabric Start (24.-26. Januar 2023) statt.

Assyst will continue to operate its business independently and to develop, sell, and service all its existing products. Style3D and Assyst will start to integrate their products into a universal, seamless product world. The Assyst-Style3D team will make its first joint appearance already at the end of January at the Assyst Experience at Munich Fabric Start (24-26 January 2023).

Both companies are deeply rooted in apparel development and production: Style3D in Asia and Assyst in EMEA. Together, they are planning to create a global product offering for producers and brands that covers the entire apparel value chain from development to production and the various sales touchpoints.

Starting point will be the integration of the flagship products of both companies – Style3D and Assyst.CAD. Style3D is currently the most advanced 3D fashion design software with a high growth rate globally. While Assyst is market leader with its 2D CAD technology in Germany, Austria, Italy and Switzerland and offers a seamless software portfolio from 2D and 3D CAD to production (Automarker) and to all sales touchpoints.

Major driver of the merger is the companies’ complimentary technology offering and the vision to create a seamless digital process from providing digital fabric and accessories up to the realization of products.

The merger also strengthens Assyst's competitive position in the 3D design sector. Style3D, in turn, will benefit from Assyst's expertise in the development, CAD and digital simulation of apparel products and the access to the international market.

Looking ahead to the future, both parties will offer 2D-based & 3D-based one-stop solutions for business clients leveraging on their global tech base and complementary serviceable resource dominance. On January 24-26, the Assyst-Style3D team will meet clients and present its products at the Assyst Experience at Munich Fabric Start.

Source:

Assyst GmbH

19.01.2023

Alliance of the Willing at Berlin Fashion Week: VORN, Zalando, Unity and Kornit Digital

Kornit Digital LTD. (NASDAQ: KRNT) ("Kornit" or the "Company"), a market leader in sustainable, on-demand digital fashion and textile production technologies, announced its partnership with VORN – The Berlin Fashion Hub, Zalando, and Unity – creating an "alliance of the willing" to transform the industry via "phygital" fashion with a circular approach.

Kornit Digital LTD. (NASDAQ: KRNT) ("Kornit" or the "Company"), a market leader in sustainable, on-demand digital fashion and textile production technologies, announced its partnership with VORN – The Berlin Fashion Hub, Zalando, and Unity – creating an "alliance of the willing" to transform the industry via "phygital" fashion with a circular approach.

Nine designers were challenged to create fashion capsules in eight weeks utilizing the latest technology innovations from the three alliance partners – combining digital product creation, web3-based design, digital printing, immersive circular design, 3D rendering and avatar development. All collections are on display exclusively at Berlin Fashion Week from Wednesday, January 18 to Friday, January 20 at Bikini Berlin.
 
The challenge follows standing room only Kornit Fashion Week events across the globe, displaying how on-demand, digital production creates a fashion world of nearly endless creativity. Hosted at the Impact Hub Berlin, the VORN Academy Program offered creators access to a holistic technology toolset - including the advanced Kornit Presto MAX single-step solution for direct-to-fabric sustainable printing. Some of the prominent designers taking part include costume and fashion designer Alexis Mersmann, Judith Bondy, AR and NFT artist Ann-Britt Dittmar, Berlin-based director Tanja Bombach, Nina Jurcic, Olga Boncheva, digital artist, and fashion designer Schirin Negahbani, Johann Erhardt, and Israeli designer Idan Yoav.
 
"This collaboration across four industry leaders is so unique because the result is a sum so much greater than each of its individual parts. It's a true 'alliance of the willing' that opens doors to 'phygital' collections built at the intersection of digital fashion, 3D design, and on-demand production," said Omer Kulka, Chief Innovation Officer at Kornit Digital. "We're honored to team with VORN – The Berlin Fashion Hub, Zalando, and Unity during Berlin Fashion Week to demonstrate what's possible as the physical and virtual fashion worlds come together."
 
"When we launched the Berlin Fashion Hub, our intent was to create a B2B environment to spark unmatched fashion and sustainability innovations. As Berlin is one of the world's most important fashion and textile centers, there is no better place to demonstrate economically succesful circularity in the fashion industry," said Professor Marte Hentschel, Co-Founder at VORN – The Berlin Fashion Hub. "Together, we're changing fashion to drive sustainability and harness the creative power of both the physical and virtual. We're proud of what's been accomplished in conjunction with an incredible group of designers, creators, and partners."

Source:

Kornit

18.01.2023

SHIMA SEIKI presents WHOLEGARMENT® knitting at Pitti Filati

SHIMA SEIKI ITALIA S.p.A., Italian subsidiary of leading Japanese computerized knitting solutions provider SHIMA SEIKI MFG., LTD., will exhibit at the 92nd edition of the Pitti Immagine Filati exhibition in Florence, Italy. Products exhibited will include the new SWG-XR®154 and N.SVR®183 computerized flat knitting machines as well as APEXFiz® design software.

SHIMA SEIKI ITALIA S.p.A., Italian subsidiary of leading Japanese computerized knitting solutions provider SHIMA SEIKI MFG., LTD., will exhibit at the 92nd edition of the Pitti Immagine Filati exhibition in Florence, Italy. Products exhibited will include the new SWG-XR®154 and N.SVR®183 computerized flat knitting machines as well as APEXFiz® design software.

As pioneer of seam-free WHOLEGARMENT® knitting, SHIMA SEIKI has been setting the standard almost exclusively with nearly 30 years of experience in complete garment technology. Now that benchmark has been raised once again with its new SWG-XR® flagship WHOLEGARMENT® knitting machine. SWG-XR® features 4 needle beds for all-needle knitting of high quality WHOLEGARMENT® products using the company's original SlideNeedle®. SWG-XR® features a renewed sinker system and a compact, light-weight carriage featuring 4 systems as well as auto yarn carriers. All contribute to increased productivity of more than 25% over the previous MACH2®XS machine, as well as increased product range using a wider variety of yarn for supporting knits for all seasons, and higher quality for knitting beautiful fabrics and silhouettes; even items that were impossible to knit with the MACH2® series. SWG-XR® sets new standards for the next generation of waste-free, sustainable WHOLEGARMENT® knitting.

A new proposal in WHOLEGARMENT® knitting will also be introduced in the form of the N.SVR®183 WHOLEGARMENT® knitting machine. SHIMA SEIKI's global standard in shaped knitting, the N.SVR® series now features a model for producing WHOLEGARMENT® knitwear using every other needle in ultrafine gauge. N.SVR®183 is equipped with the R2CARRIAGE® system and a compact, lightweight carriage for even higher productivity. Shown in 21G at Pitti Filati 92, N.SVR®183 is the ideal machine for flexible, entry-level WHOLEGARMENT® production, with the versatility to respond to fluctuating market demand.

APEXFiz® subscription-based design software supports the creative side of fashion from planning and design to colorway evaluation, realistic fabric simulation and 3D virtual sampling. Virtual samples are a digitized version of sample making that are accurate enough to be used effectively as prototypes, replacing physical sampling and consequently reducing time, cost and material that otherwise go to waste. APEXFiz® thereby helps to realize sustainability and digitally transform the fashion supply chain.

Source:

SHIMA SEIKI MFG., LTD.

Photo HeiQ Materials AGHugo Boss
BOSS x HeiQ AeoniQ™ Polo Shirt
16.01.2023

HUGO BOSS: First Polo Shirt with HeiQ AeoniQ™ fiber

The German premium fashion company HUGO BOSS presents the first product made with HeiQ AeoniQ™ fiber - a seamless high-performance Polo Shirt.

The product is crafted with 87% HeiQ AeoniQ™, a cellulosic yarn created from certified wood pulp, one of the many renewable raw materials it can be made of, featuring the same performance attributes as polyester.
 
This new style is part of the BOSS Green collection line, designed for urban environments with BOSS’ renowned performance-driven qualities and worn by Italian tennis player Matteo Berrettini. 

The German premium fashion company HUGO BOSS presents the first product made with HeiQ AeoniQ™ fiber - a seamless high-performance Polo Shirt.

The product is crafted with 87% HeiQ AeoniQ™, a cellulosic yarn created from certified wood pulp, one of the many renewable raw materials it can be made of, featuring the same performance attributes as polyester.
 
This new style is part of the BOSS Green collection line, designed for urban environments with BOSS’ renowned performance-driven qualities and worn by Italian tennis player Matteo Berrettini. 

More information:
Hugo Boss HeiQ AeoniQ polyester
Source:

HeiQ Materials AG

(c) MUNICH FABRIC START
13.01.2023

MUNICH FABRIC START announces programme for upcoming event

The Munich Fabric Start Exhibitions GmbH announces the programme for the upcoming editions of MUNICH FABRIC START (24 to 26 January 2023) and BLUEZONE & KEYHOUSE (24 and 25 January 2023).
From 24 to 26 January 2023, visitors can expect a range of the latest trends, fabric, accessories and denim highlights from around 900 international exhibitors, an event programme with expert panels, keynotes and trend lectures, as well as numerous networking opportunities.

Economic Environment
Conflicts, inflation, recession, energy crisis, massive inequality, climate change - how companies can position themselves securely in a volatile market environment - this is deciphered by trend analyst David Shah in his key note "Self-Empowerment" and numerous industry experts, futurologists and leading fashion editors in the lecture series "The Status Quo of Fashion" by strategy and communication consultants Alex Vogt and Jana Kern.

The Munich Fabric Start Exhibitions GmbH announces the programme for the upcoming editions of MUNICH FABRIC START (24 to 26 January 2023) and BLUEZONE & KEYHOUSE (24 and 25 January 2023).
From 24 to 26 January 2023, visitors can expect a range of the latest trends, fabric, accessories and denim highlights from around 900 international exhibitors, an event programme with expert panels, keynotes and trend lectures, as well as numerous networking opportunities.

Economic Environment
Conflicts, inflation, recession, energy crisis, massive inequality, climate change - how companies can position themselves securely in a volatile market environment - this is deciphered by trend analyst David Shah in his key note "Self-Empowerment" and numerous industry experts, futurologists and leading fashion editors in the lecture series "The Status Quo of Fashion" by strategy and communication consultants Alex Vogt and Jana Kern.

Next to David Shah (View-Publications), the panel will include Siems Luckwaldt (CAPITAL and BUSINESS PUNK, RTL Germany), Shamin Vogel (WeAr Global Magazine), Ben Hanson (The Interline), Maria Cristina Pavarini (The SPIN OFF) and Carl Tillessen (DMI)

Digital Era
From digital colour apps, digital twins and virtual models to 3D simulation and virtual dressing rooms - the world of digital fashion will not only be discussed in numerous lectures in Munich, but also brought to life in the new Assyst Experience. Whether it's Carola Seybold, Head of Global Key Accounts at Pantone, Jan Hilger from Roland Berger, Arndt Johannes from Verce, Dr. Stefan Hauswiesner, CEO of Reactive Reality or the experts of the panel "Textilfabrik X.0 - New Marketing Buzz Words or One Step Ahead": everyone will be looking at virtual fashion from a different angle and providing insights into the latest state of the art. In her trend presentation "The weird & wonderful world of fashion cores" at BLUEZONE, Angela Velasquez (Rivet) sheds light on how viral TikTok trends are reshaping denim merchandising.

Sustainable Future
Digitisation and sustainability - the third major theme of the event programme - could not be more closely intertwined. Lisa Lang, Director of Policy & EU Affairs Orchestrator of EIT Climate KIC in an interview with Muchaneta ten Napel (Shape Innovate) kicks things off about the importance of a green transformation for the industry. Other topics in focus: Liv Simpliciano from Fashion Revolution gives an overview of where the world's biggest fashion brands and retailers stand in terms of transparency. Tricia Carey from Renewcell, David Shah (View-Publications), Lien van der Schueren and Guy Buyle (CISUTAC & HEREWEAR), Mateusz Wielopolski (Circulix) and Mario Malzacher (Circular.Fashion) critically discuss whether the circular economy is really the solution for everything or just a placebo. Circular ecosystems are also presented by Franziska von Becker from Hachmeister & Partner.

The race of the new sustainable materials of the future will be opened by Kirsi Terho from Infinited Fiber, Kuben Edwards from Onezero8, Marianne Uddman from Trustrace and Simon Angel, Sustainable Innovations Curator of MUNICH FABRIC START in a panel discussion with Muchaneta ten Napel (Shape Innovate). New products for a sustainable future in the denim industry will be discussed at BLUEZONE.
Another highlight: In cooperation with the Transformers Foundation, an expert panel will also be held at BLUEZONE on both days of the trade show.

Trends Spring.Summer 2024
Gerd Müller-Thomkins, Carl Tillessen and Niels Holger Wien from the Deutsches Mode Institut (DMI) see a "vibe shift" - a turning point. They will analyse what this means for fashion in their trend presentation on Wednesday. The Women's Fashion Trends SS 24 with the must haves of the season will be analysed by Karin Schmitz from the Trend Forecast Institute Peclers Paris - from the glamorous appearance in everyday life, to the play with gender identity, to simplicity combined with functionality and mobility.

Source:

MUNICH FABRIC START / KERN. Consulting

13.01.2023

Source Fashion: New international fashion sourcing platform in UK

The international fashion sourcing platform Source Fashion, taking place from 12th – 14th February at Olympia London, has announced a compelling line-up of country pavilions and over 150 audited, quality manufacturers from around the world including Peru, India, China, Pakistan, Italy, Spain, Greece, North Macedonia,  the UAE, Madagascar, Jordan, Uzbekistan, Turkey, the UK and many more who will join the inaugural show, which runs parallel to Pure London.

Bringing a textile pavilion to the UK for the first time, the Peru Pavilion will showcase six manufacturers specialising in high-quality alpaca wool from the raw material right through to garment production, as well as cotton and other natural mixtures.

The international fashion sourcing platform Source Fashion, taking place from 12th – 14th February at Olympia London, has announced a compelling line-up of country pavilions and over 150 audited, quality manufacturers from around the world including Peru, India, China, Pakistan, Italy, Spain, Greece, North Macedonia,  the UAE, Madagascar, Jordan, Uzbekistan, Turkey, the UK and many more who will join the inaugural show, which runs parallel to Pure London.

Bringing a textile pavilion to the UK for the first time, the Peru Pavilion will showcase six manufacturers specialising in high-quality alpaca wool from the raw material right through to garment production, as well as cotton and other natural mixtures.

The main Indian Pavilion at this year’s Source Fashion, in collaboration with the Wool and Woollens Export Promotion Council, will showcase 20 established garment and textile exporters specialising in wool, woollen and acrylic fibres. The exhibitors will be showing full garments including men’s, women’s and kidswear as well as a selection of fabrics and raw materials. These exhibitors are regular export partners to the UK retail industry and already work with some big retailers in white label production.

The China Pavilion will present a selection of high-quality Chinese manufacturers ranging from full garment manufacturing through to raw materials, fabrics, cashmere and components.

Other producers and manufacturers attending Source Fashion from across Europe and the UK include:

  • Mivania - an Italian knitwear manufacturer producing garments in 100% cashmere and cashmere blends.
  • SATCoL (Salvation Army Trading Company) - a charity-owned textiles collector in the UK, actively working with retailers to reduce their carbon footprints.
  • Kusilas - a Spanish company monitoring all the stages of the production process.
  • Prime Casual - based in Leicester, UK, they specialise in the design and manufacture of ladies clothing from fast fashion, wholesale to bespoke tailoring.
  • Athos Pallas - a fashion and textile agency located in Thessaloniki, Greece.

 

Source:

Source Fashion by Hyve / Good Results PR

Zyler
05.01.2023

Zyler: Virtual try-on in fashion stores

  • Digital display experience platform, Raydiant, partners with Zyler to offer virtual try-on to fashion retailers in-store.

Digital display experience platform, Raydiant, is now offering an exciting new virtual try-on solution to their fashion retail customers. Virtual try-on is brought to stores by Zyler, fashion technology that allows customers to see themselves in any outfit without having to physically try them on.

This means that retail spaces can be transformed, maximizing space and making use of the latest innovations in fashion. When customers see themselves in items before purchase, they are more excited about the products, their confidence is boosted, and the brand becomes more inclusive. Customers shop and buy more, and are less likely to return the products they purchase. Raydiant presents this new virtual try-on offering in combination with their digital signage solutions.

  • Digital display experience platform, Raydiant, partners with Zyler to offer virtual try-on to fashion retailers in-store.

Digital display experience platform, Raydiant, is now offering an exciting new virtual try-on solution to their fashion retail customers. Virtual try-on is brought to stores by Zyler, fashion technology that allows customers to see themselves in any outfit without having to physically try them on.

This means that retail spaces can be transformed, maximizing space and making use of the latest innovations in fashion. When customers see themselves in items before purchase, they are more excited about the products, their confidence is boosted, and the brand becomes more inclusive. Customers shop and buy more, and are less likely to return the products they purchase. Raydiant presents this new virtual try-on offering in combination with their digital signage solutions.

Source:

Anthropics Technology

Photo Pure Denim
03.01.2023

PureDenim & Bemberg ™: “Blue di Cupro” collection at Pitti Uomo

In occasion of the next edition of Pitti Uomo, Bemberg™ by Asahi Kasei – the unique fiber with a circular economy footprint obtained from cotton linters through a closed-loop process ensuring certified sustainability credentials through its transparent and traceable approach- reveals a very special Bemberg™ fabrics smart range dedicated to premium denimwear.

In occasion of the next edition of Pitti Uomo, Bemberg™ by Asahi Kasei – the unique fiber with a circular economy footprint obtained from cotton linters through a closed-loop process ensuring certified sustainability credentials through its transparent and traceable approach- reveals a very special Bemberg™ fabrics smart range dedicated to premium denimwear.

This has been made possible thanks to the partnership with PureDenim, a leading Italian company whose strategy since 10 years is based on an entire re-design of the production system, inspired by circular economy principles that combines technology and innovative materials in order to offer the highest levels of design, innovation and real responsible values derived from an holistic approach to sustainability.
The “Blue di Cupro” collection is made with seven fabrics made with Bemberg™, either 100% Bemberg™ or in blend with cotton, wool, and it applies the most advanced Pure Denim Technologies. The Blue di cupro fabrics made with Bemberg™ will also be dyed with “Smart Indigo” an indigo dye technology internally produced by PureDenim, through a chemical-free production. The only elements involved are: water, indigo pigments, and electricity. In terms of finishing, fabrics’ looks and performances are enhanced by the “Eco Sonic” ultrasounds finishing technology which brings significant reduction of water used, increased aesthetic features and controlled discoloration. And last but not least every yarn used at PureDenim is protected by NaturalReco® a 100% natural product that completely SUBSTITUTE the use of plastic films that are one of the key causes of microplastic emission for denim application.

“Blue” seems to be the new colour of Bemberg™, in fact, the company in early November 2022 announced, at the Blue Friday initiative by UNESCO's Intergovernmental Oceanographic Commission (IOC), the achievement of the OK biodegradable MARINE certification, which guarantees the biodegradability of its products even in the marine environment, as certified by TÜV AUSTRIA, meaning a lot in the context of microplastics in water issue solutions. This Bemberg™ certification’s achievement comes on top of other key ones such as the INNOVHUB report that confirms Bemberg™ biodegradability in soil without releasing hazardous substances, the RCS by Textile Exchange, and the Oeko-Tex Standard 100 and ISO 14001 corporate certifications.

Source:

C.L.A.S.S.

30.12.2022

Trio of textile fairs rescheduled to end of March

In view of the easing of pandemic restriction policies in China, the Spring Editions of Intertextile Shanghai Apparel Fabrics, Yarn Expo and Intertextile Shanghai Home Textiles have been moved to the new timeslot of 28 – 30 March 2023. This will allow both local and international fairgoers more time to prepare for their participation, with a higher industry turnout now expected at the three fairs. The fairs will still be located at the National Exhibition and Convention Center in Shanghai where they were originally due to be held from 8 – 10 March.

Discussing the change of dates, Ms Wilmet Shea, Deputy General Manager of Messe Frankfurt (HK) Ltd explained: “After talking to our stakeholders, we believe adjusting the spring show dates to the end of March is the right move. It provides enough time for exhibitors and visitors from local and abroad to plan for the fairs and capitalise on the ample international business opportunities brought by the reopening of China’s border.”

In view of the easing of pandemic restriction policies in China, the Spring Editions of Intertextile Shanghai Apparel Fabrics, Yarn Expo and Intertextile Shanghai Home Textiles have been moved to the new timeslot of 28 – 30 March 2023. This will allow both local and international fairgoers more time to prepare for their participation, with a higher industry turnout now expected at the three fairs. The fairs will still be located at the National Exhibition and Convention Center in Shanghai where they were originally due to be held from 8 – 10 March.

Discussing the change of dates, Ms Wilmet Shea, Deputy General Manager of Messe Frankfurt (HK) Ltd explained: “After talking to our stakeholders, we believe adjusting the spring show dates to the end of March is the right move. It provides enough time for exhibitors and visitors from local and abroad to plan for the fairs and capitalise on the ample international business opportunities brought by the reopening of China’s border.”

(c) C.L.A.S.S.
The Modern Artisans for 2022
28.12.2022

C.L.A.S.S.: YOOX NET-A-PORTER and The Prince’s Foundation programme for students

The second edition of The Modern Artisan initiative has been supported by C.L.A.S.S. with its strategic sourcing, mentoring and presence during the official launch happened at the beginning of November at the Dumfries House, part of The Prince's Foundation. Two days to introduce a capsule that reflects the initiative’s commitment to advance sustainability in luxury fashion, preserve heritage textile skills and creates a new culture where respect, beauty and innovation are blended together. They also demonstrate the shared ambition of YOOX NET-A-PORTER and The Prince’s Foundation to preserve the planet for future generations. The Modern Artisan aims to position artisanship as a viable and attractive career path for upcoming generations, equipping them with the skills to help shape a more circular industry.

The 10-month paid programme supports eight British and Italian graduates through the end-to-end process of designing, handcrafting, and bringing a more sustainable luxury collection to a global market. During the programme, they were given the opportunity to showcase their work to His Majesty, then The Prince of Wales, at Dumfries House.

The second edition of The Modern Artisan initiative has been supported by C.L.A.S.S. with its strategic sourcing, mentoring and presence during the official launch happened at the beginning of November at the Dumfries House, part of The Prince's Foundation. Two days to introduce a capsule that reflects the initiative’s commitment to advance sustainability in luxury fashion, preserve heritage textile skills and creates a new culture where respect, beauty and innovation are blended together. They also demonstrate the shared ambition of YOOX NET-A-PORTER and The Prince’s Foundation to preserve the planet for future generations. The Modern Artisan aims to position artisanship as a viable and attractive career path for upcoming generations, equipping them with the skills to help shape a more circular industry.

The 10-month paid programme supports eight British and Italian graduates through the end-to-end process of designing, handcrafting, and bringing a more sustainable luxury collection to a global market. During the programme, they were given the opportunity to showcase their work to His Majesty, then The Prince of Wales, at Dumfries House.

The 13-piece capsule marks the culmination of the second edition of The Modern Artisan, YOOX NET-A-PORTER’s and The Prince’s Foundation’s pioneering flagship training programme, which commenced in 2019. Building on the success of 2020’s first collection launch, this year’s YOOX NET-A-PORTER for The Prince’s Foundation capsule achieves a number of new milestones in YOOX NET-A-PORTER’s Infinity sustainability journey. It is the first collection to align 100% with the Infinity Product Guide, its sustainability and circularity design guidelines, and its first ever carbon neutral collection.

The design is inspired by Highgrove Gardens, run by The Prince's Foundation and renowned for sustainable and organic approaches to agriculture and horticulture. The Artisans were supported by industry experts from YOOX NET-A-PORTER, The Prince’s Foundation, and several mentoring designer brands, including Gabriela Hearst, Nanushka and Stella Jean among others.

(c) Neonyt | Dita Vollmond
16.12.2022

Neonyt wird erstmalig in Paris stattfinden

Die Neonyt wird erstmalig in Paris vom 21. – 23. Januar 2023 stattfinden und von der WSN Développement veranstaltet. Als eine in Europa relevante B2B-Orderplattform für Mode, Nachhaltigkeit und Innovation wird sie internationalen Einkäufer*innen professionell verantwortungsvolle Brands mit textilem Weitblick präsentieren und neue Märkte von Frankreich aus, in Ergänzung zum bestehenden Standort Düsseldorf, erschließen und bedienen. Streng-nachhaltig und nach Design kuratierte Fashion trifft auf Zeitgeist-Gespür für Sustainability, Style und Trends. Zweimal im Jahr, im Januar und September, wird die Neonyt künftig parallel zu der Who's Next und IMPACT verwirklicht.

Im August diesen Jahres wurde die erste Neonyt in Lizenz an die Igedo Exhibitions in Düsseldorf vergeben und findet dort erstmalig vom 28. – 30. Januar 2023 auf dem Areal Böhler statt. Die Messe Frankfurt verkündet nun die Partnerschaft mit dem mode-erfahrenen Messe-Veranstalter WSN Développement aus Paris, der die Neonyt Paris operativ planen und auf dem Paris Expo Porte de Versailles durchführen wird.

Die Neonyt wird erstmalig in Paris vom 21. – 23. Januar 2023 stattfinden und von der WSN Développement veranstaltet. Als eine in Europa relevante B2B-Orderplattform für Mode, Nachhaltigkeit und Innovation wird sie internationalen Einkäufer*innen professionell verantwortungsvolle Brands mit textilem Weitblick präsentieren und neue Märkte von Frankreich aus, in Ergänzung zum bestehenden Standort Düsseldorf, erschließen und bedienen. Streng-nachhaltig und nach Design kuratierte Fashion trifft auf Zeitgeist-Gespür für Sustainability, Style und Trends. Zweimal im Jahr, im Januar und September, wird die Neonyt künftig parallel zu der Who's Next und IMPACT verwirklicht.

Im August diesen Jahres wurde die erste Neonyt in Lizenz an die Igedo Exhibitions in Düsseldorf vergeben und findet dort erstmalig vom 28. – 30. Januar 2023 auf dem Areal Böhler statt. Die Messe Frankfurt verkündet nun die Partnerschaft mit dem mode-erfahrenen Messe-Veranstalter WSN Développement aus Paris, der die Neonyt Paris operativ planen und auf dem Paris Expo Porte de Versailles durchführen wird.

Von Beginn an war es das Ziel der Messe Frankfurt, die Neonyt mit ihrem ohnehin internationalen Charakter, ihrer Verantwortung und ihrer einmaligen Reputation auch über Deutschland hinaus in relevanten Märkten international zu platzieren und damit konsequent neue Zugänge zu verlässlich kuratierter Mode – hinsichtlich strikter Nachhaltigkeitsvorgaben bei gleichzeitiger Berücksichtigung aktueller, modischer Strömungen – zu ermöglichen. Dies sei in diesen Zeiten wichtiger denn je, um den unbestrittenen ökologischen und sozialen Mehrwert nachhaltiger Textilien zum Ausdruck zu bringen und verantwortungsvoller Mode attraktive Präsentationsplattformen in einem professionell-verlässlichen Orderumfeld zu ermöglichen, sagt Olaf Schmidt, Vice President Textiles & Textile Technologies, Messe Frankfurt.

In Paris wird die Neonyt licensed by Messe Frankfurt zweimal im Jahr Ende Januar sowie Anfang September parallel zur internationalen Who's Next stattfinden. Die Who's Next präsentiert Einkäufer*innen Mode, Accessoires und Lifestyle plus Trends der Saison. In direkter Nachbarschaft zur Neonyt wird sich außerdem die 2019 gestartete IMPACT von WSN befinden. Sie setzt modisch-ökologische Akzente und unterstützt positive Maßnahmen zur Beschleunigung des ökologischen Wandels in der Modebranche. Who's Next und IMPACT ziehen international Einkäufer*innen an – insbesondere aber den Retail aus Frankreich, Italien, Spanien, Portugal, der Schweiz und Belgien. Vor Ort besonders interessant sind für alle Labels auf der Neonyt sowohl Specialty Stores, aber auch Multilable Stores, für die nachhaltige Mode sehr entscheidend ist.

Olaf Schmidt, Vice President Textiles & Textile Technologies, Messe Frankfurt resümiert: „Zusammen mit der Neonyt in Lizenz in Düsseldorf wird die neue Location Paris eine symbiotische Marktbespielung und -ergänzung unseres Standort-Portfolios darstellen. Wir bieten fortan Einkäufer*innen, den Labels sowie unserer wachsenden und engagierten Community die Möglichkeit, sich Märkte neu zu erschließen und ihre Kund*innenbeziehungen noch stärker zu internationalisieren. Gleichzeitig treiben wir als Messe Frankfurt mit unserem internationalen Texpertise Network – über 50 Events weltweit, ca. 22.000 Aussteller und mehr als eine halbe Million Besucher*innen – intensiv unsere Nachhaltigkeitsbestrebungen im Textilbereich insgesamt voran.“

Source:

Messe Frankfurt Exhibition GmbH

Photo: Riri
16.12.2022

Oerlikon to Acquire Riri

  • Building Leadership Position in Luxury Market

Oerlikon announced that it has signed a definitive agreement to acquire Riri, a leading provider of coated metal accessories for the luxury fashion industry. This transaction marks a milestone in Oerlikon’s growth strategy and diversifies Surface Solutions’ offerings and market access. The transaction is expected to close in the first quarter 2023, subject to regulatory approvals and standard closing conditions.

“Riri is highly complementary to our existing luxury business and will reinforce our fashion jewelry and metallic components for leather goods. It is the ideal next step after our acquisition of Coeurdor in 2021 and will make us a market leader and an integrated provider with a complete offering of coated luxury metalware for high-end fashion brands,” said Michael Suess, Executive Chairman, Oerlikon. “The acquisition will drive cross-selling and strengthen our footprint in the global luxury metalware market, which sees mid- to-high single-digit growth rates annually.”

  • Building Leadership Position in Luxury Market

Oerlikon announced that it has signed a definitive agreement to acquire Riri, a leading provider of coated metal accessories for the luxury fashion industry. This transaction marks a milestone in Oerlikon’s growth strategy and diversifies Surface Solutions’ offerings and market access. The transaction is expected to close in the first quarter 2023, subject to regulatory approvals and standard closing conditions.

“Riri is highly complementary to our existing luxury business and will reinforce our fashion jewelry and metallic components for leather goods. It is the ideal next step after our acquisition of Coeurdor in 2021 and will make us a market leader and an integrated provider with a complete offering of coated luxury metalware for high-end fashion brands,” said Michael Suess, Executive Chairman, Oerlikon. “The acquisition will drive cross-selling and strengthen our footprint in the global luxury metalware market, which sees mid- to-high single-digit growth rates annually.”

“Our portfolio, particularly in zippers and buttons, is an excellent fit to Oerlikon’s strengths in coated metal-based fashion components. Together, we are ideally positioned in Italy and France – the two major European fashion hubs – and can provide a complete offering to fashion customers,” said Renato Usoni, CEO, Riri. “We are excited to join Oerlikon as it will allow us to accelerate the luxury goods industry’s sustainability transition to greener technology by applying technologies such as Oerlikon’s PVD1.”

Riri, headquartered in Mendrisio, Switzerland, is a market leader in metal accessories manufacturing, with a wide product range and unique offering. The company supplies global leading brands in the luxury fashion industry and has a strong foothold in the Italian luxury market. The company has more than 1 100 employees and expects to generate sales of EUR ~170 million (CHF ~165 million) in 2022.

1 PVD, or physical vapor deposition, coating is a thin-film coating solution that is more environmentally friendly than traditional processes such as chrome plating.

 

Source:

Menabo for Riri