Oerlikon Wins Three Large Manmade Fibers Orders In China With A Total Value Of More Than 600 Million Swiss Francs

PFÄFFIKON, Switzerland — March 16, 2020 — Oerlikon has received new large orders for manmade fibers production solutions from three of the world’s leading manmade fibers manufacturers. All three companies are based in China and have been key customers of Oerlikon for many years. The orders are for Oerlikon Barmag’s world leading filament-spinning technology for the highly efficient production of polyester fibers. The three projects have a total value of more than 600 million Swiss francs ($625 million). A very small proportion of these projects will be recognized in Oerlikon Group’s order intake in 2020, and the majority will be accounted for in 2021 and 2022. On-site delivery and installation of these systems is planned for the period from 2021 to early 2023.

The systems business in China remains largely unchanged despite the short-term interruption caused by the coronavirus epidemic following the Chinese New Year celebrations. Long-term project planning for major customers in the manmade fibers industry has resulted in new major orders being placed with Oerlikon Barmag. One of the three new orders, valued at more than 300 million Swiss francs ($313 million), is the largest order ever received by Oerlikon Barmag, based in Remscheid, Germany.

The comprehensive manmade fibers technology solutions by Oerlikon are used along the entire value chain in polyester yarn manufacturing and contain cutting-edge automation and digitalization technologies. Oerlikon’s innovative technologies will enable the three Chinese companies to increase their production capacities for polyester yarn and to remain competitive. Oerlikon Barmag will provide the entire system for WINGS POY and WINGS FDY, as well as the texturing machines from the eFK product family in phases over a period of slightly over two years.

“These three orders show that the Chinese textile industry continues to place its trust in the world market — and in Oerlikon. They make it clear that globally interconnected industries such as the textiles industry and business models like that employed by the Manmade Fibers Segment are more robust than many people believe,” said Dr. Roland Fischer, CEO Oerlikon Group.

Georg Stausberg, CEO of Oerlikon’s Manmade Fibers Segment, added: “That these customers repeatedly select Oerlikon is primarily linked to our innovative technologies, but also due to the fact that we have been handling these extensive projects flexibly and reliably for decades and also mastering challenges that, like today, arise from global epidemics causing temporarily interruptions for production sites and logistics.”

Posted March 17, 2020

Source: Oerlikon

Dry-Tex Introduces New Dye Mill Operations, Leading To Vertical Integration

SHAOXING, China — March 17, 2020 — Dry-Tex — a manufacturer of knit, woven, and laminated fabrics — has officially launched its new dyeing facility. Located nearly 120 miles south of Shanghai, the facility is running at full capacity dyeing nearly 70,000 meters of fabric a day.

Connected to its central command system, all of the machinery in the dye facility are completely controlled by computers. The computer systems allow for greater color accuracy and provide a means of catching any issues before they arise. Furthermore, the dye mill boasts an eco-friendly feature, as its new membrane filtration system will allow the facility to re-use up to 70 percent of the water consumed from the dyeing process.

Moreover, with the introduction of its dyeing capabilities, Dry-Tex is now a vertically integrated textile mill. This is a result of dyeing sitting prominently among the company’s portfolio of products and services that already includes research & development, fabric testing, yarn manufacturing, weaving, and lamination.

“I’m excited we can now provide all necessary textile services under one roof because that gives us a competitive advantage in this industry,” said Andy Dong, president of Dry-Tex. “And since we’re not wasting water, which has always been a huge concern for other dye facilities, we’re not just able to make high-quality fabrics, we can make high-quality fabrics responsibly.”

In terms of responsibility, Dry-Tex sits among a new breed of Chinese companies dedicated to self-imposed sustainability initiatives. In fact, in 2019, in concert with the development of its dye mill, Dry-Tex installed an array of solar panels on its roof. Converting sunlight into clean energy, the solar panels have a peak power of 1,819 kiloWatts, which is estimated as being enough energy to support 100 families for one year.

Long recognized for its commitment to sustainable practices, Dry-Tex is highly selective in its partnerships, working primarily with others who prioritize sustainability. One such partner is Concept III, a worldwide resource for the procurement and development of innovative textile solutions for the outdoor industry.

“Because we like to emphasize conservation and environmental protection, we’ve always been proud to work alongside Dry-Tex,” said Chris Parkes, president of Concept III. “Now, with their dyeing capabilities and their unique ability to radically lower water consumption, we couldn’t be prouder to collaborate with them.”

Today, with a client list including some of the world’s largest clothing brands, Dry-Tex products can primarily be found in performance apparel and outdoor gear. Moving forward, Dry-Tex will add new machines which will expand its operations, allowing it to generate and dye up to 120,000 meters of fabric a day.

Posted March 17, 2020

Source: Dry-Tex

AAPN Announces Carolina Mill Tour/Charlotte Regional Conference And Annual Meeting Are Postponed

ATLANTA — March 16, 2020 — The Americas Apparel Producers’ Network (AAPN) has postponed both the Carolina Mill Tour/Charlotte Regional Conference and its annual meeting. A new date has been selected for the mill tour and regional meeting. A new date is yet to be determined for the annual meeting as AAPN works with the hotel and textile events calendar, which is expected to now be busy in the second half of the year!

In announcing the new date for the Carolina Mill Tour and Charlotte Regional Conference, Sue Strickland, executive director, and Mike Todaro, managing director, AAPN, said:

“AAPN networks every day, all 365 of them. Still, nothing beats face-to-face networking. In fact, the best marketing tool of all time remains face-to-face interaction. Our meetings are legendary for just that reason — half the agenda is set aside for networking.

That’s why we moved our Carolina Mill Tour and Charlotte Regional Conference from the end of this month to Sep 29 – Oct 2 – to take the pressure off of our members who truly want to come to our meetings.”

The pair issued the following statement regarding the AAPN annual meeting:

“We are deferring our May meeting until later this year, absolutely, effective now. This was not an easy choice for us but it is exponentially not an easy time for you.

We are having discussions with the hotel regarding future dates. At the same time, we are tracking many industry organizations who are also deferring their events. Clearly later this year there will be a crush of industry events competing with your enormous backlog of business travel.

We WILL do the right thing with your registration fee, as always. Give us time to sort this all out. If you’ve already registered we can apply your money to the future event. If you require a refund, by all means let us know.”

Stay tuned for future updates.

Posted March 17, 2020

Source: Americas Apparel Producers’ Network

SYFA Cancels Its Spring 2020 Meeting Citing “Continued Effects Of The COVID-19 Virus”

LYMAN, S.C. — March 17, 2020 — The Synthetic Yarn and Fabric Association (SYFA) announced today that in light of current events, it has made the decision to cancel its spring 2020 meeting. The meeting will not be rescheduled, but the association plans to hold its fall meeting in November as previously scheduled.

In a message to members, SYFA President Dan Sistrunk said:

“The SYFA Board regrets to inform you that we will be cancelling the upcoming conference on April 23rd-24th. Upon careful review and consideration, we believe it is the most prudent course of action considering the continued effects of the COVID-19 virus. Be assured that our utmost priority is to ensure the health and safety of individuals at our events and considering the dynamic nature of the situation we believe this is the most responsible course of action to ensure we in no way contribute to the further escalation of the COVID-19 situation.

We apologize for any inconvenience this may have caused you and look forward to seeing you again at our fall conference November 5th-6th, 2020. If you have any questions regarding the cancellation or about the fall conference, please reach out to Rodney Turner (Rodney@thesyfa.org).

With Regards,
Daniel P. Sistrunk
President, SYFA

SYFA Office: 864-327-7169
rodney@thesyfa.org
www.thesyfa.org

Posted March 17, 2020

Source: The Synthetic Yarn and Fabric Association (SYFA)<

Abercrombie & Fitch Co. Provides COVID-19-Related Business Update

NEW ALBANY, Ohio — March 15, 2020 — Abercrombie & Fitch Co. today announced updates to its global store operations in response to the continued spread of COVID-19.

With the wellbeing of its customers, associates and communities in mind, and to help limit the spread of the virus, Abercrombie & Fitch Co. will temporarily close all stores across its brands outside of the APAC region, effective March 15 in North America and March 16 in EMEA, until March 28, 2020.  Its locations in the APAC region will remain open. The company’s online stores currently remain open in all regions.

Due to the heightened uncertainty relating to the potential impacts of COVID-19 on the company’s business operations, including its duration and its impact on overall demand for merchandise, the company is withdrawing the first-quarter and full-year 2020 outlook issued on March 4, 2020, although it still expects material adverse impacts. The company is not providing an updated outlook at this time.

Fran Horowitz, CEO, said, “The decision to close all our stores outside of the APAC region has been done with a focus on the wellbeing of our associates, our customers, our partners, and our communities, and it is in keeping with our commitment to being a responsible corporate citizen.

Based on the significant investments we have made over the past several years in our people and our IT infrastructure, we have a robust digital business. We believe that our current capabilities will allow us to continue to fulfill our customers’ needs during this unprecedented period of uncertainty.”

Posted March 16, 2020

Source: Abercrombie & Fitch Co.

Oxford Industries, Inc. Provides COVID-19 Update: Temporary Closure Of All Owned Retail Stores And Restaurants In North America

ATLANTA — March 16, 2020 — Oxford Industries Inc. — which owns and markets the distinctive Tommy Bahama®, Lilly Pulitzer® and Southern Tide® lifestyle brands — in response to the global COVID-19 outbreak, today announced the temporary closure of all owned retail stores and restaurants in North America, effective March 17 through March 30. The company will continue to pay its retail and restaurant associates during this time. In addition, the company has broadly implemented a strategy for associates in its corporate and brand offices to work remotely. Tommy Bahama, Lilly Pulitzer and Southern Tide’s e-commerce websites remain open for business.

“Our priority is and will continue to be the health and well-being of our employees, customers and the communities in which we live and work,” commented Thomas C. Chubb III, chairman and CEO. “Our businesses are well-prepared and able to execute changes as needed. We are highly confident that Oxford has the financial strength and flexibility to navigate these unprecedented events.”

Posted March 16, 2020

Source: Oxford Industries Inc.

Material Hardness Testing Provides Industry With Answers To Product Development, Quality Control, Failure Analysis And Other Critical Questions

SALEM, NH — March 16, 2020 — Material hardness is a critical measurement for both product durability and functionality. It is a characteristic that can be measured by a material’s resistance to localized deformation caused by abrasion or mechanical indentation.

There are various forms of hardness testing, including rebound hardness, indentation hardness and scratch hardness. Rebound hardness (dynamic hardness) testing measures hardness related to material elasticity. Indentation hardness testing measures resistance to material deformation caused by constant compression and scratch hardness testing measures friction on a material and how resistant it is to permanent deformation or fracturing.

Leading providers of hardness and micro-hardness testing are the scientists and engineers at Advanced MicroAnalytical. Advanced MicroAnalytical’s material testing laboratory offers industry and research institutions answers regarding material hardness on a variety of materials and scale of materials. Bulk material techniques include Knoop, Vickers and Rockwell hardness test methods to nanoscale indentation techniques with scanning electron microscope (SEM) imaging.

Advanced MicroAnalytical has a long history of assisting with research and development, as well as quality control, production and failure analysis, in determining material hardness and other testing services for bulk metals, ceramics, polymers and composites on devices ranging from printed circuit boards and mems devices to countless other materials and applications. For determining material characteristics to functionality, Advanced MicroAnalytical provides the scientific solution.

To learn more about how hardness measurements provided by Advanced MicroAnalytical can impact material, production, QC, R&D and failure analysis projects, please visit  www.AdvancedMicroAnalytical.com

Posted March 16, 2020

Source: Advanced MicroAnalytical

lululemon athletica Provides Business Update On COVID-19: Temporary Closure Of All Stores In North America And Europe

VANCOUVER, British Columbia — March 15, 2020 — lululemon today provided an update on its global store operations in response to the continued spread of COVID-19.

In light of the rapidly changing developments, lululemon announced the closure of all stores in North America and Europe, from March 16 through March 27. Guests can continue to shop on lululemon.com.

“We are living in uncertain times and we’re learning more about this virus every day. We are taking this step to help protect our global community, guests and people, and ensure we are doing our part to prevent the spread of COVID-19,” said Calvin McDonald, CEO.

“During this time, lululemon employees will continue to receive pay for all hours they have been scheduled to work and have access to lululemon’s Global Pay Relief plan. I’m proud of how our teams are working to create space for our guests to connect through yoga and meditation classes online,” McDonald added.

The company will provide an update regarding the impacts of COVID-19 during its fourth quarter fiscal 2019 earnings call, to be held on March 26.

Posted March 16, 2020

Source: lululemon athletica inc.

Columbia Sportswear Co. Provides Update on COVID-19 North America Store Impacts

PORTLAND, Ore. — March 15, 2020 — Columbia Sportswear Co. — a global designer, sourcer, marketer and distributor of outdoor, active and everyday lifestyle apparel, footwear, accessories, and equipment products — today announced that to protect the health and safety of its employees, consumers and the communities where it operates, it will close its North America brick and mortar retail stores on Monday, March 16. Columbia expects these stores to remain closed through Friday, March 27.

Consumers seeking the products of the Columbia family of brands are encouraged to visit the respective brand e-commerce sites at: www.columbia.com, www.sorel.com, www.mountainhardwear.com, and www.prana.com.

“The health and safety of our employees, consumers and the communities where we live and work is paramount to us,” said Tim Boyle, chair, president and CEO of Columbia Sportswear. “During this temporary closure we are also offering catastrophic paid leave to our employees most affected by this virus in an effort to live our values of Doing the Right Thing for our employees, consumers and communities.”

In addition to the North America store closures, Columbia has taken many steps to carry out the health and safety advice from health authorities around the world. These steps have included store closures in select markets outside of North America, enhanced cleaning protocols in all locations, implementation of work from home plans to reduce health risks, facilitation of sick leave to encourage and enable employees to stay home and avoid the risk of spreading illness to others, and travel restrictions to limit potential transmission of COVID-19.

Columbia’s administrative facilities remain open to provide customer support with the least amount of disruption possible. As Columbia continues to monitor this complex and rapidly evolving situation, Columbia’s plans may change.

“Columbia has been in business since 1938 and weathered many storms by keeping its focus on the well-being of its employees, consumers and the larger community,” said Tim Boyle.

Posted March 16, 2020

Source: Columbia Sportswear Co.

VF Corp. Update On Global Business Impact Of COVID-19: Temporary Closure Of All Owned Retail Stores Across North America

DENVER — March 16, 2020 — In response to the global COVID-19 coronavirus outbreak, VF Corp. today announced the temporary closure of all owned retail stores across North America, effective March 16 through April 5. All retail employees at these locations will continue to receive full pay and benefits during the temporary closure period.

In addition to its retail fleet, VF has closed its corporate and brand offices in North America until April 5 and is enabling all office employees to work remotely. The temporary closure of both offices and retail locations may be extended depending on the overall state of the COVID-19 situation.

“During this time of uncertainty and concern, our steadfast commitment is to do what’s right for our people, consumers and our global communities,” said Steve Rendle, VF’s chairman, president and CEO. “The decision to close our retail stores, as well as our corporate and brand offices in North America, is the responsible thing to do to help mitigate the spread of the virus through social distancing. We will continue to monitor this situation closely and follow the guidance of global health professionals to ensure we’re doing our part to flatten the curve of newly confirmed cases.”

VF’s actions in North America are consistent with similar operational decisions made in its EMEA and Asia Pacific regions. In mainland Europe, VF has closed all offices and retail store locations until further notice, and its locations in the United Kingdom are currently operating on reduced hours.

In the Asia Pacific region, which was first impacted by the virus, VF initially closed the majority of its offices and retail locations. Currently, the company’s offices in Greater China are open and approximately 90 percent of its retail store locations are now open for business. While retail store traffic has steadily improved over the past month, it remains down significantly compared with the prior year. VF’s offices and retail locations in South Korea, Japan, Hong Kong and Taiwan remain open, but office employees are working remotely, and retail store locations are operating on reduced hours in some cases.

Consistent with VF’s long-term strategy, the company’s digital platform remains a high priority through which its brands stay connected with consumer communities while providing experiential content and service. In accordance with local government guidelines and in consultation with the guidance of global health professionals, VF has implemented measures to ensure the health, safety and well-being of associates employed in its distribution and fulfillment centers around the world. These facilities remain operational in order to support digital consumer engagement with its brands and to service retail partners as needed.

VF’s supply chain operations have experienced limited disruption to date as a result of the COVID-19 situation. Ongoing diversification efforts, such as re-directing manufacturing and materials sourcing, are underway in an attempt to mitigate potential future disruption. While it is not possible to gauge the full impact to VF’s supply chain at this time, VF continues to believe its global supply chain represents a key competitive advantage during periods of uncertainty and market volatility.

As stated in VF’s news release dated February 7, 2020, the coronavirus outbreak was not contemplated at the time VF provided its adjusted fiscal 2020 outlook on January 23, 2020. VF will provide an update as to the operational and financial impacts of the coronavirus during the company’s fourth quarter fiscal 2020 conference call in May 2020.

Posted March 16, 2020

Source: VF Corp.

Sponsors