CIT Names Calvin Navatto As Business Development Officer in Commercial Services

NEW YORK CITY — January 16, 2020 — CIT Group Inc. today announced that it has hired Calvin Navatto as a business development officer in its Commercial Services business.

Navatto will be based in New York City and focus on business development across a wide range of business verticals supported by Commercial Services, including apparel, footwear, housewares, consumer electronics, health and beauty aids and more.

“Calvin is an experienced financial professional with the skills and experience to help grow our factoring and asset-based lending services across a variety of industries,” said Tom Fingleton, managing director and northeast regional manager for CIT’s Commercial Services unit.

Prior to joining CIT, Navatto served for nearly four years as a senior vice president in capital finance at UMB Bank. Earlier in his career, he worked in varying capacities at a number of financial institutions, including NewStar Business Credit, First Capital, Sun National Bank, Marquette Commercial Finance and Webster Business Credit.

Commercial Services, part of CIT’s Commercial Finance division, is one of the nation’s leading providers of working capital solutions, factoring, credit protection, accounts receivable management and lending services to consumer product companies, manufacturers, dealers, importers and resellers.

Posted January 16, 2020

Source: CIT

The National Council of Textile Organizations (NCTO) Welcomes Senate Passage of U.S.-Mexico-Canada Agreement (USMCA)

WASHINGTON — January 16, 2020 — The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber through finished sewn products, lauded Senate passage today of the U.S.-Mexico-Canada Agreement (USMCA).

“We are pleased the Senate voted swiftly to approve USMCA — a trade deal that we expect to significantly bolster textile exports to Mexico and the Western Hemisphere,” said NCTO President and CEO Kim Glas.

Mexico and Canada are the two largest export markets for the U.S. textile and apparel industry, totaling nearly $11.5 billion for the year ending Nov. 30, 2019, according to government data.

“USMCA is a win for the textile industry,” Glas said. “The improvements it makes to the North American Free Trade Agreement (NAFTA) will only serve to generate more business for domestic producers and create more jobs and investment in the U.S.”

NCTO worked with the administration during negotiations on USMCA and secured several provisions in the trade deal including stronger rules of origin for certain textile inputs and increased U.S. customs enforcement.

U.S. textile executives are ramping up to take advantage of the modifications in USMCA and some plan to build new business or expand existing business in areas such as pocketing, sewing thread and narrow elastics.

“Our member companies, making some of the most advanced textiles in the world, have long supported USMCA and are eagerly awaiting implementation of the trade deal,” Glas added. “We urge quick implementation of USMCA and thank the administration and Congress for their hard work to get the deal across the finish line.”

The USMCA updates and modifies the NAFTA and makes significant improvements, including:

  • Creation of a separate chapter for textiles and apparel rules of origin with strong customs enforcement language.
  • Stronger rules of origin for sewing thread, pocketing, narrow elastics and certain coated fabrics.  Under the current NAFTA, these items can be sourced from outside the region — USMCA modernizes this loophole and ensures these secondary components are originating to the region.
  • Fixes the Kissell Amendment Buy American loophole, ensuring that a significant amount the Department of Homeland Security spends annually on clothing and textiles for the Transportation Security Administration is spent on domestically produced products.

NCTO is a Washington, DC-based trade association that represents domestic textile manufacturers, including artificial and synthetic filament and fiber producers.

  • U.S. employment in the textile supply chain was 594,147 in 2018.
  • The value of shipments for U.S. textiles and apparel was $76.8 billion in 2018.
  • U.S. exports of fiber, textiles and apparel were $30.1 billion in 2018.
  • Capital expenditures for textile and apparel production totaled $2.0 billion in 2017, the last year for which data is available.

Posted January 16, 2020

Source: The National Council of Textile Organizations (NCTO)

Outdoor Industry Association (OIA) Announces Class Five of Skip Yowell Future Leadership Academy  

BOULDER, Colo. — January 15, 2020 — Today,  Outdoor Industry Association (OIA)  announced Class 5 of the  Skip Yowell Future Leadership Academy  (FLA). In 2016, the Future Leadership Academy was created and named after JanSport’s founder and industry luminary Skip Yowell to honor his enduring legacy as a one of the great founders, mentors and leaders in the outdoor industry.

The Future Leadership Academy is a six-month professional development program that prepares the next generation of outdoor industry leaders by teaching them to seek innovation, tackle challenges head-on and champion the causes that are critical to the industry’s longevity. Class 5, chosen through a rigorous selection process, will receive development opportunities through self-assessments, leadership training, mentoring as well as in-person and online education about issues vital to the health of outdoor industry businesses, including sustainability, trade policy, public lands and youth outdoor participation.

“It’s a dynamic time in a dynamic industry and The Future Leadership Academy not only gives participants the tools to understand the opportunities and challenges facing us today, but also the space to reflect on how they’ll successfully lead their teams and companies in the future,” said Kristen Freaney, OIA Emerging Leader Education Manager. “We have a passionate, talented group coming from a variety of experience-levels, backgrounds, and career paths and I’m looking forward to watching them learn from each other, craft their own leadership styles, and hopefully have some great “light-bulb moments” over the next six months.”

Class 5 Participants:

  • Nikki Allen, Clif Bar & Co.;
  • Nic Barisone, Adidas-Five Ten;
  • Kevin Belanger, Rails-To-Trails Conservancy;
  • Danica Carey, Seirus Innovative Accessories Inc.;
  • Natalie Colvin, Toad&Co.;
  • Reid Curry, Cairn;
  • Hamish Elliott, Hillsound Equipment Inc.;
  • Nick English, Simms Fishing;
  • Kaitlin Fisher, REI;
  • Rosie French, JanSport/Eagle Creek/VF Corp.;
  • Natalie Generalovich, Outdoor Retailer;
  • Pancho Gomez, All Good Products;
  • Caitlin Hamill, New Balance;
  • Jace Harrop, Salomon;
  • Colvin Hedgepeth, Blue Sky Funder;
  • Janell Hibbard, Target;
  • Alyssa Kessler, Patagonia;
  • Emily Kidwell, Ariat International;
  • Zach King, Smartwool;
  • Mark Kuka, Yakima Products;
  • Chad Kyte, Hydro Flask;
  • Chris Linsmayer, Colorado Ski Country USA;
  • Madalen Moore, Oros Apparel;
  • Carley Mulder, NiteIze;
  • Rachael Nichols, Sea to Summit;
  • Caroline Paulsen, Stio;
  • Casey Pavlosky, SPY Optic;
  • Nick Pinto, Backbone Media;
  • Ed Riegert, Brooks Running;
  • June Shen-Epstein, Burton Snowboards;
  • Michaela Simone, REI Retail Stores;
  • Jess Smith, OutsidePR;
  • Jason Spradling, Under Armour;
  • Stephen Sramek, Waypoint Outdoor;
  • David Taft, San Juan Mountains Association; and
  • Keri Yourick, The North Face.

The program, launched in 2016, now has 125 total graduates. The new class of 36 individuals will be partnered with industry mentors who are poised to offer insight and guidance to the next generation of outdoor industry game changers.

“Having participated in the inaugural class of the Skip Yowell Future Leadership Academy, and mentored participants for the last two years, I am a wholehearted believer in the transformative impact the program has on participants,” said Ben Christensen, senior director, development, sourcing & quality, Simms Fishing. “The companies in our industry are distributed throughout the world with workers coming from a variety of different backgrounds. The Academy brings people together and facilitates a strong community of passionate people.  The curriculum explores important questions, and challenges participants to strive for higher impact, and fresh perspective.  I really value my continued participation as a mentor and have supported the participation of several of my colleagues here at Simms.”

The class participants will also work together on their capstone projects, which partner them with outdoor industry nonprofits, helping those nonprofits tackle some of the biggest issues and opportunities they’re each facing.  Past capstone project  nonprofits include the American Indian College Fund, Big City Mountaineers, Cal-Wood Education Center, Climbing Alliance, SheJumps, Sierra Club, Outdoor Afro, National Wildlife Federation and The Nature Conservancy in Colorado. Please reach out to Kristen Freaney if you’re a nonprofit interested in participating.

The 2020 Future Leadership Academy  includes three individuals from nonprofits who will be participating in the program, one with a generous scholarship from REI. Other participants hail from big-name and small, independent brands, retailers, a start-up, and industry-focused media & PR companies. They work in a diverse set of roles including marketing, people & culture, compliance, product, operations, sales, and public affairs.

Thank you to our generous partners JanSport, REI, Uplsope Brewery, Clifbar & Co. and Colorado Wilderness Rides and Guides.

Posted January 15, 2020

Source: Outdoor Industry Association (OIA)

Certified USTERIZED® Mill Xinjiang Esquel Textile Co. Benefits From Integrated Data Analysis With USTER® QUALITY EXPERT

TW Special Report

It takes a special kind of focus for a company to achieve the status of a recognized industry leader. Maintaining that position is even more challenging, with a constant drive for maximum efficiency, optimized quality and total customer satisfaction. The China-based company Esquel has exactly those attributes. Its commitment to innovative processes and business methods makes it an ideal partner for Uster Technologies, which helps Esquel deliver great quality and productivity through world-class data analysis and transparency.

“During the numerous years of cooperation between Esquel and USTER®, we have learned that both companies have much in common: We share the pursuit of quality,” said Li Guanghai, general manager Xinjiang Esquel Textile Co. Ltd.

This means Esquel aims not only to meet its customers’ quality requirements but also works to improve its processes and guarantee a constant product with optimum use of resources. For example, Esquel benchmarks its yarn production against that of other companies, to control quality with the help of Uster STATISTICS. High quality standards and investments in Uster systems, qualifies Esquel as a certified USTERIZED® mill. This seal of quality proves that a mill passes regular audits and spins yarn of a consistently high quality.

The Future: Connect And Prevent

Esquel uses its collaboration with Uster to stay ahead of the game. Optimizing production by checking the status quo is the present. Combining transparency over the entire production is the future. It integrates real-time information from production with data analysis. In this way, possible errors can be eliminated at earlier production stages, long before machines have to be stopped or the end-product is defective. This preventive action improves the future outcome of an entire production cycle.

Li Guanghai, general manager Xinjiang Esquel Textile Co.

Here, Esquel again stands at the forefront of innovation, able to share its positive experience with the Quality Management Platform™. Instead of processing information from unconnected laboratory instruments separately, Uster QUALITY EXPERT combines data. “We can now bundle all data, from raw material to yarns, combining laboratory and in-line tests. This enables us to respond faster, react during running production, and so guarantee consistent quality at the outcome,” says the general manager.

Relief For The Quality Manager

For Hai Yang, deputy quality control & assurance department, working with Uster Quality Expert pays back in time savings for his entire team: “Combining all data in one system, Uster Quality Expert significantly reduces the workload of our laboratory staff. And the recommendations and hints by Assistant Q make my daily work much easier — my workload for data input and evaluation has decreased a lot and I can even identify long-term quality trends.”

This allows Esquel to produce yarn to a consistently high quality level. Additionally, the Management Platform gives peace of mind. “Uster MOBILE ALERTS allow me to solve issues much faster than before. No matter where I am, I can connect to the system and check if everything is running smoothly — or intervene immediately if changes occur,” Yang says. This is a great relief for busy quality managers who are on call 24/7 and often feel they need to be in many different places at the same time.

Higher Productivity, Greater Sustainability

Since its establishment in 1978, Esquel always linked its goal of market leadership with a commitment to care for people and the environment. In Uster Technologies, it found a long-term partner which shared a focus on quality and responsibility.

Esquel aims at productivity gains through preventing quality issues instead of reacting to them, as well as careful use of all resources. But these objectives alone are not the end of the story, since the company places equal priority on improving working conditions for its staff and reducing its overall environmental impact.

Both Esquel managers agree that investing in quality improvement is crucial for the development of textile companies aiming to reach these goals. Says Li: “We want to extend the cooperation between Uster and Esquel, so that we can continue improving our quality management capabilities.”

Posted January 15, 2020

Source: Uster Technologies AG

Retailers Welcome Phase One Trade Deal With China But Say Remaining Tariffs Must End

WASHINGTON — January 15, 2020 — The National Retail Federation today welcomed the signing of a “phase one” trade agreement between the United States and China but said work remains to be done to end the trade war between the two countries.

“NRF strongly supports the administration’s efforts to address China’s unfair trading practices but we hope this is the first step toward eliminating all of the tariffs imposed over the past two years,” NRF President and CEO Matthew Shay said. “The trade war won’t be over until all of these tariffs are gone. We are glad to see the phase one deal signed, and resolution of phase two can’t come soon enough.”

Shay was on hand as President Trump and Chinese Vice Premier Liu He signed the agreement at the White House today. As part of the deal, the United States will cut in half 15 percent tariffs imposed on a wide range of consumer goods imposed in September and canceled another round that was set to take effect in December, but others remain in effect.

While agreeing with the need to address unfair trading practices, NRF has led the retail industry’s fight against tariffs and is a key member of the Americans for Free Trade coalition.

Posted January 15, 2020

Source: The National Retail Federation (NRF)

SDL Atlas Welcomes STEPHETEX As Exclusive Distributor For France and Morocco

ROCK HILL, S.C.— January 15, 2020 — SDL Atlas is pleased to announce that STEPHETEX is now the exclusive distributor for SDL Atlas in France and Morocco representing its full range of textile testing instruments, test materials and services.

Stephanie Loquet, director of STEPHETEX, has more than 20 years of experience of sales and marketing and seven years of experience of working with SDL ATLAS products.

Loquet said: “I am delighted to be given the opportunity to continue my relationship with SDL Atlas in growing STEPHETEX in the territories of France and Morocco. I am enthusiastic and proud to represent such an innovative company.“

Simon Dakin, SDL Atlas sales director for Europe, said: “Stephanie has gotten off to a flying start with instruments and test materials already being ordered in her territory.  We have every confidence that she will provide our current and new customers such as Bureau Veritas, Decathlon and Lacoste, outstanding support and look forward to our companies’ futures together.”

Committed to providing customers confidence in standard based testing, SDL Atlas has offices and experts in the United States, United Kingdom, Hong Kong and China, plus agents serving over 100 countries, SDL Atlas is ready to support its customers with instruments, test materials, and services anywhere in the world.

Posted January 15, 2020

Source: SDL Atlas, LLC

The National Council Of Textile Organizations (NCTO) Statement On Signing Of Phase One Deal On 301 Tariffs

WASHINGTON — January 15, 2020 — The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber though finished sewn products, released the following statement on the Phase One Deal on 301 tariffs signed today by the U.S. and China:

“While we are still studying the details of the deal signed today, we applaud the administration for finally pressing China for a more rational and equal trade relationship,” said NCTO President and CEO Kim Glas. “Our industry has been severely damaged by China’s predatory practices over the past 30 years and we are anxious to see a new era of sound trade principles and balanced trade.

At the same time, we question the last-in, first-out approach to the tariff reductions.  In our sector, this means that the penalty 301 tariffs on finished apparel and sewn products —the areas where tariffs have the most potential to effect reforms in China while bolstering the Western Hemisphere supply chain — are cut in half while U.S. manufacturers continue to face full tariffs on certain inputs and equipment not available domestically.”

For more information on NCTO’s position on the Section 301 China tariffs, please see here:

NCTO is a Washington, DC-based trade association that represents domestic textile manufacturers, including artificial and synthetic filament and fiber producers.

  • U.S. employment in the textile supply chain was 594,147 in 2018.
  • The value of shipments for U.S. textiles and apparel was $76.8 billion in 2018.
  • U.S. exports of fiber, textiles and apparel were $30.1 billion in 2018.
  • Capital expenditures for textile and apparel production totaled $2.0 billion in 2017, the last year for which data is available.

Posted January 15, 2020

Source: The National Council of Textile Organizations (NCTO)

Bally Ribbon Mills Provides Fully Berry-Compliant Polyester Webbing For Seat Belts, Retractors And Tie-Down Applications

BALLY, Pa. — January 14, 2020 — Bally Ribbon Mills, an industry leader in the design, development, and manufacture of highly specialized engineered woven fabrics, announces it has expanded capabilities for producing superior polyester webbing that is fully compliant with the Berry Amendment. This standard requires the Department of Defense to give preference to domestically produced fabrics and clothing. Webbing is available in low minimum runs — as low as 1000 yards per color.

BRM polyester webbing is ideal for use by DOD contractors manufacturing aircraft seat belts, retractors, restraining harnesses, tie-downs and other end use products. BRM’s Berry-compliant webbing is also a good choice for civilian agencies involved in a wide range of U.S. military procurement activities. BRM polyester webbing are in accordance with Mil/PIA-W-25361 and commercial A-A-55242A specifications as well as application specific requirements that have varied elongation specs. BRM can work with your engineering team to provide webbing that meets all requirements including elongation.

BRM customizes weave designs to modify performance properties, offering expert capabilities for custom options and configurations to optimize designs. BRM’s polyester webbing is available in special colors and superior color fastness is guaranteed. BRM laboratories provide color matching using advanced spectrophotometer instrumentation to validate color accuracy. Webbing is available in a wide range of widths, from 1-inch to 6-inch. Wider widths are available for specialty applications.

Posted January 14, 2020

Source: Bally Ribbon Mills

Levi Strauss & Co. Announces Management Changes

SAN FRANCISCO — January 14, 2020 — Levi Strauss & Co. today announced a series of leadership changes.

Roy Bagattini, executive vice president and president for Levi Strauss Americas, is leaving Levi Strauss & Co. (LS&Co.) to assume a group CEO position. Bagattini’s last day is February 16. During his tenure, Bagattini served in numerous roles and helped set the strategic foundation for a strong, diversified business.

With Bagattini’s departure, Marc Rosen, executive vice president and president of Direct-to-Consumer, will become the executive vice president and president for Levi Strauss Americas. Rosen will be responsible for leading the company’s largest commercial operations, spanning all brands and channels across the United States, Canada, Mexico, Brazil and the balance of Latin America. He also will retain leadership of the Direct-to-Consumer business. Rosen is a veteran retailer who has held roles in ecommerce and international expansion during his nearly 15-year tenure at Walmart.

“Over the past six years, Marc has proven that he is an agile and collaborative leader who brings deep expertise and a growth mindset to every challenge. Marc has a proven track record, having led our Direct-to-Consumer business through 15 consecutive quarters of double-digit growth,” said Chip Bergh, president and CEO of Levi Strauss & Co. “Marc’s passion for the consumer, paired with his extensive experience working with wholesale customers, makes him the perfect choice to lead our largest and most complex business.”

“Roy has been a vital member of the team that led LS&Co.’s turnaround. He is a respected leader whose insights and perspective helped to shape our winning strategy,” said Bergh. “Today, we are set up for continued success. I am grateful for Roy’s contributions to the strong foundation now in place at LS&Co., and I know that he will be a high-impact CEO in his next role.”

Posted January 14, 2020

Source: Levi Strauss & Co.

Hanesbrands Names M. Scott Lewis Interim CFO

WINSTON-SALEM, N.C. — January 14, 2020 — HanesBrands announced today that current Chief Accounting Officer and Controller M. Scott Lewis will serve as interim CFO, effective January 9, 2020. Executive recruiting specialist Crist|Kolder Associates is assisting the company in the ongoing comprehensive search to fill the previously announced CFO vacancy.

Lewis, 49, has served as chief accounting officer and controller since May 2015. He has held positions of increasing responsibility leading the accounting, reporting and tax functions since joining the company in 2006 from accounting, audit and tax consulting firm KPMG. Lewis is a certified public accountant and has expertise in public company auditing, merger and acquisition transactions, and Securities and Exchange Commission accounting and reporting requirements.

“We have a very strong global finance organization,” said Hanes CEO Gerald W. Evans Jr. “Scott is an accomplished finance professional well versed with our company and strategies. He will provide essential leadership during this transition.”

In its CFO search, HanesBrands is considering both internal and external candidates with significant experience and accomplishments in global strategy, finance, capital management, and operations support. Crist|Kolder Associates specializes in corporate executive leadership searches, assessments and recruiting. The firm has successfully assisted in the CFO searches for some of the largest U.S.-based public companies.

HanesBrands is a socially responsible leading marketer of everyday basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia-Pacific under some of the world’s strongest apparel brands, including Hanes, Champion, Bonds, Maidenform, DIM, Bali, Playtex, Bras N Things, Nur Die/Nur Der, Alternative, L’eggs, JMS/Just My Size, Lovable, Wonderbra, Berlei, and Gear for Sports.

Posted January 14, 2020

Source: HanesBrands

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