NIKE Announces Board Member John Donahoe Will Succeed Mark Parker As President & CEO In 2020; Parker To Become Executive Chairman

BEAVERTON, Ore. — October23, 2019 — The Board of Directors of NIKE Inc., announced today that John Donahoe will be appointed as the company’s new president and CEO, effective January 13, 2020. At the same time, Mark Parker, CEO since 2006 and chairman, president and CEO since 2016, will become executive chairman and continue to lead the board of directors and work closely with Donahoe and the senior management team.

“This is an exciting time for Nike where we see brand strength and momentum throughout the world and great opportunity for future growth,” said Parker. “I am delighted John will join our team. His expertise in digital commerce, technology, global strategy and leadership combined with his strong relationship with the brand, make him ideally suited to accelerate our digital transformation and to build on the positive impact of our Consumer Direct Offense. I look forward to continuing to lead the board as executive chairman, as well as partnering closely with John and the management team to help him transition to his new role.”

“It is an honor to become president and CEO of this amazing, innovative company, and to join the more than 76,000 talented and passionate employees dedicated to serving athletes,” said Donahoe. “Over the last five years, I’ve been proud to be connected to Nike through my role on the Board and now look forward to being a full-time member of the team, working even more closely with Mark, building on Nike’s success and seizing the opportunities ahead.”

Donahoe is the current president and CEO of ServiceNow Inc. and also serves on its board of directors. He is chairman of PayPal Holdings Inc. From 2008 through 2015, he was president and CEO of eBay Inc. and previously was the CEO and Worldwide managing director of Bain & Co. from 1999 to 2005 and a managing director from 1992 to 1999. He earned a bachelor’s degree in Economics from Dartmouth College and an MBA from Stanford University.

Donahoe will remain on the Board of Nike where he has been a member since 2014.

Posted October 23, 2019

Source: NIKE Inc.

Kraig Biocraft Laboratories Confirms Selection Of Jon Rice As A New Inside Director For Its Board Of Directors

ANN ARBOR, Mich. — October23, 2019 — Kraig Biocraft Laboratories Inc., a developer of spider silk-based fibers, announces today that it has selected Jon Rice, the company’s COO, to join its board of directors, as the company advances and strengthens its corporate governance.

Rice has served as the COO of Kraig Biocraft Laboratories since 2015. In this role, Rice has overseen and led operations at the company’s domestic research and development headquarters, as well as the recent breakthroughs in the scale up of its international production operations, through its subsidiary, Prodigy Textiles Co. Ltd. Prior to joining Kraig Labs, Rice served in a series of leadership roles developing and marketing advanced power systems, developed under contract with the U.S. Department of Defense, which were successfully leveraged into commercial spinoff products. Rice blends technical and business operations expertise, holding a bachelor’s degree in engineering and a master’s in business administration.

“We are pleased to welcome Jon, with his first hand working knowledge and experience of implementing our operations, to the Kraig Labs board,” said Chairman and CEO Kim Thompson. “Jon’s role and understanding of our company, from the inside, will serve as a crucial bridge between day-to-day operational management and board governance.”

The addition of Rice to the board will strengthen the overall skillset, perspective and experience necessary to support and drive growth for all of the company’s stakeholders. Rice’s understanding of Kraig’s operations will provide a strong link to the board’s fiduciary oversight responsibilities.

Rice’s term is expected to begin this quarter.

Once formally seated, Rice, and the three recently announced new independent directors, will join Thompson to form the majority independent controlled board, which is intended to satisfy the uplisting requirement of a national exchange.

“I am excited for the opportunity to expand my service to Kraig Labs and our shareholders in this new role,” said Rice. “The advancement we are making in all aspects of our business model, from research to governance and commercialization, make this a fantastic time to be part of Kraig Labs and our exciting growth.”

Posted October 23, 2019

Source: Kraig Biocraft Laboratories Inc.

Epson Introduces Its First Dye-Sublimation Textile Printing Solution With Fluorescent Ink

DALLAS — October23, 2019 — Epson America today introduced new 64-inch dye-sublimation printers — the SureColor® F9470 and SureColor F9470H. Designed to offer reliability and high image quality with outstanding print speeds, the new printers are ideal for roll-to-roll textile, home décor, promotional product, and soft signage markets. The SureColor F9470H also offers businesses the option of printing with two genuine fluorescent inks — yellow and pink — which brings bright, vivid colors to the production of sportswear, workwear and fashion items. The new printers will be on display in Epson’s booth #5610 at PRINTING United in Dallas, October 23-25, 2019.

“Epson continues to innovate in the dye-sublimation space, and we predict the digital textile market will continue to expand for years to come,” said Tim Check, senior product manager, Professional Imaging, Epson America. “The new SureColor F9470H introduces fluorescent ink support to further expand bold color applications, creating eye-catching output and providing greater versatility for customers.”

The SureColor F9470 and F9470H leverage a dual PrecisionCore® TFP® printhead and UltraChrome® DS ink technology1 with high-density Black ink to produce exceptional color saturation and high contrast. The SureColor F9470H features an enhanced printhead design with fluorescent ink support using Fluorescent Yellow and Fluorescent Pink ink to expand color gamut and applications. Designed with ease-of-use in mind, the intuitive SureColor F9470 and F9470H come equipped with new Epson Edge® Print workflow software, featuring an Adobe® PostScript® 3™ engine and includes job nesting, custom spot color, project libraries, pattern repeats, and the ability to import new media settings, when available, and provides the option for print shop providers the ability to edit media settings and manage projects remotely.

More about the new SureColor F-Series Printers: 
The new SureColor F9470 and F9470H are built to deliver high image quality at outstanding production speeds with a range of features, including:

  • Breakthrough Productivity — Dual printheads deliver industrial-level, roll-to-roll performance at speeds up to 1,169 square feet/hour2
  • Brilliant Image Quality — UltraChrome DS Ink Technology with High-Density Black ink produces exceptional color saturation and high contrast
  • Seamless Workflow — Powerful Epson Edge Workflow software featuring an Adobe PostScript 3 Engine
  • Designed to Offer Predictable, Reliable Performance — Advanced auto paper-tension control and the fabric head wiper enable simple, continuous production
  • More Ink; Less downtime — High-capacity ink tanks hold up to 3L of ink per color to ensure longer print runs without user intervention
  • Turnkey Solution, Fully Supported by Epson — Includes one-year onsite warranty; extended service plans available
  • Exclusive Epson Awards Program Available — Accumulate points with every consumable purchase for trade-in options
  • Affordable, Scalable Solution — Offers an excellent performance-to-price ratio; easily add printers to meet business needs
  • Performance Optimized Epson DS Transfer Paper — Multipurpose, Rigid Photo Optimized, Adhesive Textile, and Production papers available

Support and Availability
The Epson SureColor F9470 and F9470H will be available in January 2020 through Epson Professional Imaging resellers $27,995 MSRP and $31,995 MSRP, respectfully; and are currently available for pre-order. The SureColor F9470 and F9470H offer a standard Epson PreferredSM Limited Warranty, a one-year program that includes toll-free advanced telephone access Monday through Friday and usually next business-day on-site service in the unlikely event of any hardware failure.

1 This product uses only genuine Epson-brand ink cartridges. Other brands of ink cartridges and ink supplies are not compatible and, even if described as compatible, may not function properly.
2 Print times are based upon print engine speeds, when printing with CMYK. Total throughput depends upon front-end driver/RIP, file size, printing resolution, ink coverage, network speed, etc.

 

Posted October 23, 2019

Source: Epson America Inc.

Zimmer Austria: First COLARIS Digital Textile Printer For Pigment Inks Sold To U.S. Customer Ultimate Textile Inc.

SPARTANBURG, S.C. — October23, 2019 — Zimmer Austria is proud to announce the sale of the first COLARIS Digital Textile Printer for pigment inks in the United States, which will be installed at Ultimate Textile Inc. in Rutherfordton, N.C.

Ultimate Textile Inc. is a dyehouse producing high-quality upholstery and decorative home fabrics. Ultimate Textile Inc. is expanding into digital printing.

Zimmer Austria is a manufacturer for Screen & Digital Printing Machinery, Coating, Steaming, Drying, Digital Functionalization, as well as Sample, Lab, and Washing machines.

Zimmer Austria’s production sites are in Kufstein and Klagenfurt, Austria. The North American sales and service office is located in Spartanburg, S.C.

Zimmer’s machines cover the following applications: home textiles, wall covering, carpets and mats, fashion, upholstery, towels, blankets, technical textiles, nonwoven, paper, glass fiber.

Posted October 23, 2019

Source: Zimmer Austria

Tarkett Promotes Roxane Spears To Vice President Of Sustainability

SOLON, Ohio — September 25, 2019 — Tarkett, a worldwide supplier of sustainable flooring and sports surface solutions, announces the promotion of Roxane Spears to a new role — vice president of sustainability for Tarkett North America.

In this newly created position, Spears leads the organization’s sustainability initiatives across research and development, material optimization and corporate communications. Spears joined the company in 2004 to align with Tarkett’s strong commitment to sustainability. While serving multiple sales and sales management roles for more than 15 years, Spears focused on educating her peers and customers on a holistic approach to sustainability. Her work will expand the sustainability conversation beyond the building so that it includes the wellness of the people in the space and the health of our planet.

“At Tarkett, we are committed to serving our customers through our eco-design capabilities and longstanding dedication to sustainability. We are deeply convinced that there is an urgency to shift models to preserve the world’s finite natural resources and capital. Our goal is to establish a circular economy in the flooring industry,” explained Fabrice Barthélemy, CEO of Tarkett.

The role is an important one for Tarkett, an organization that has established goals and commitments to ecodesign for several decades. In the company’s 2018 Corporate Social & Environmental Responsibility (CSR) Report, Tarkett shared several sustainability performance highlights achieved by the global organization,which include:

  • Material assessment and transparency: 98 percent of our raw materials — representing more than 3,000 materials — are third-party assessed for their impact on people’s health and the environment based on Cradle to Cradle® criteria.
  • Flooring contributing to indoor air quality: 97 percent of our flooring has low levels of volatile organic compounds (VOC) emissions, i.e. 10 to 100 times lower than the strictest standards.
  • Healthy indoor spaces: by end 2018, 100 percent of our vinyl production sites in Europe, North America, Serbia and China use non-phthalate plasticizer technology in flooring.
  • Preservation of resources: 70 percent of our raw materials do not contribute to resource scarcity, being abundant in nature, rapidly renewable or recycled.
  • Recycled resources: 134,000 tons of recycled materials are used as raw materials, representing 10 percent of the volume of purchased raw materials.
  • Flooring take back: 102,000 tons of flooring were collected from 2010 to 2018 through ReStart®, Tarkett’s flooring collection program in Europe and North America.
  • Climate change: Greenhouse gas emissions (per square meter of manufactured product kgCO2e/m²) were reduced by 8.5% in 2018 versus 2010. Twenty-seven percent of the company’s energy consumption comes from renewable sources, such as biomass, geothermal, solar or purchased ‘green’ electricity.
  • Supporting communities: Through TarkettCares, the company encourages all employees to spend up to two days per year of their work time on charity initiatives. In 2018, 1,300 employees were involved in 170 initiatives and over 800,000 euros in contributions were made to community initiatives.
  • Developing talents: Through TarkettAcademy, over 23,000 professionals or students were trained in flooring installation techniques from 2012 to 2018.

“I am so proud to be part of this organization. We don’t just say we are making a commitment: we take action on those commitments,” Spears said. “I am passionate in my belief that we all must work together toward a common goal of healthier building materials and radical transparency. I look at sustainability as the story for all of us. We all need to ask what we can do as a company. And also what I can do personally. Small steps grow to large actions. I am looking forward to leading Tarkett in future innovation.”

Posted October 22, 2019

Source: Tarkett North America

Varsity Brands Appoints Steve Down As President Of Herff Jones

DALLAS/INDIANAPOLIS — October 22, 2019 — Varsity Brands — a market participant in team sports, school spirit and achievement recognition — today announced that Steve Down has joined the company’s Herff Jones business division as president, effective immediately. He will be based in Herff Jones’ home market in Indianapolis and report to Varsity Brands’ CEO Adam Blumenfeld.

Herff Jones is a leading provider of graduation and educational products and services designed to inspire achievement and create memorable experiences for students.

Down joins Herff Jones with proven strategic acumen and an impressive history of achieving sustainable top and bottom-line results. He recently served as Vice President and General Manager for the Residential Division of Allegion, a publicly-traded provider of security products for homes and businesses, where he had full P&L responsibility for a $550M business and delivered significant expansion through strategic initiatives, technology and skillful execution. Earlier in his career, Down served in a leadership role at Ingersoll Rand, where, among other achievements, he led a transformation at Ingersoll’s Commercial Door Division that included dramatic improvements with respect to both product delivery and quality.

“We had a long ‘wish list’ in identifying the next President of Herff Jones and Steve is the ideal candidate in almost every respect,” Blumenfeld said. “He brings proven top line success while emphasizing product development and innovation — both of which will be vitally important as Herff Jones executes on our growth initiatives. Operationally, he brings discipline, accountability and conviction in the power of our employees and Sales Partners to recapture student imagination and propel Herff Jones forward. We look forward to Steve’s contributions and welcome him to the Varsity Brands team.”

Down’s earlier work history includes sales leadership positions at, among other consumer and retail companies, Adams Rite, Heras Mobile and Sedis, an industrial equipment supplier. He attended MidKent College in the United Kingdom.

Varsity Brands is a portfolio company of Bain Capital Private Equity.

Posted October 22, 2019

Source: Varsity Brands

DuPont Advanced Printing Launches New Pigment Inks At Printing United In Dallas

WILMINGTON, Del. — October 22, 2019 — DuPont Advanced Printing will be displaying its newest ink offerings for the growing digital textile market segment at Printing United October 23-25 at the Kay Bailey Hutchison Convention Center in Dallas, Texas.

At the show, DuPont will showcase its new DuPont™ Artistri® P2700 pigment ink designed for roll-to-roll printing. Artistri P2700 is a medium viscosity ink that delivers excellent color saturation, soft hand feel and unmatched wet and dry crock fastness.

For Direct-to-Garment (DTG) printers, DuPont is highlighting innovative pretreatment technology which enables stain-free printing and superior hand feel on cotton/polyester blends. And with new choices of gamut expanding colors as wells as its new Color Series E, F and G pigment ink offerings for DTG printing, DuPont continues to offer the most complete and highest performance DTG ink.

For more than 35 years, DuPont Advanced Printing has delivered outstanding colors, via their Artistri digital inks, to textile customers. Artistri digital inks combine DuPont proprietary dispersions, polymers and ink formulations resulting in brighter, more robust digital inks for digital printing. Artistri inks provide color consistency across production runs and over time. From DTG to Roll-to-Roll (RTR) application DuPont is known for developing the bright, rich colors with high durability.

“We are excited to launch our new pigment ink. Our customers are asking for the brightest, richest colors and we are delivering that with P2700,” said Jeff Hansen, Americas marketing manager – digital printing.

Posted October 22, 2019

Source: DuPont

Notus Composites Celebrates Major Manufacturing Milestone

DUBAI, United Arab Emirates — October 22, 2019 — Notus Composites has achieved a major manufacturing milestone when the company’s one millionth square meter (m2) of fire retardant (FR) epoxy prepreg was shipped from its state-of-the-art facility in the UAE this month. Notus are supplying FR materials for several high profile infrastructure projects in the Middle East, with this latest batch of material being supplied for the new composite Museum of the Future in Dubai.

The one million m2 milestone was reached during a recent production run of Notus’ EPFR-609 glass fiber-reinforced epoxy prepreg — a user friendly, long out life, FR prepreg designed for low pressure/vacuum curing at temperatures from 85-120˚C. EPFR-609 can also be supplied as a resin film or as Notus N1-Preg, the company’s versatile single sided prepreg product format.

Having set up in 2015 but grown considerably in the past 4 years, Notus Composites has completed an extensive program of testing at well-known fire research laboratories in the Middle East and Europe with particular focus on large scale tests to verify material behavior as part of a complete wall or façade system.

As a result, Notus Composites EPFR-609 prepreg and NE11-FR surface film is the only epoxy prepreg system to have passed the NFPA 285 exterior and curtain wall test and to have achieved an impressive B2,s1,d0 rating when testing to the European EN13501-1 standard. In addition, these materials have been approved by the UAE’s Dubai Civil Defense (one of the Middle East’s leaders in building fire safety coding) who completed a program of factory inspections and production audits as well as witnessing fire tests themselves.

“It is a fantastic achievement to reach 1,000,000 m2 of FR prepreg,” commented Mihir Shah, Managing Director, Notus Composites. “We’ve come such a long way since 2015 and are now supplying into some of the largest and most complex composite construction projects in the Middle East. It’s great to see our investment in testing and development being successful, as our clients continue to deliver ever larger FR composite structures.”

Posted October 22, 2019

Source: Notus

Cone Denim Celebrates Another First With CiCLO® Stretch Sustainable Denim

GREENSBORO, N.C. — October 22, 2019 — Cone Denim® is excited to announce its collaboration with Intrinsic Advanced Materials as the first denim mill to offer the revolutionary CiCLO® technology. Cone Denim is introducing its newest denim capsule collection of CiCLO Stretch Denim, the latest in sustainable solutions.

Cone Denim is known for its signature S Gene® stretch denims which incorporate polyester components into the stretch. Products made with CiCLO fibers reduce the persistence of plastic microfibers in our oceans and plastic accumulation in landfills and allow synthetic plastic-based fibers to behave more like natural fibers. This patent-pending technology provides the platform for making Cone’s CiCLO Stretch Denim ecofriendly and a more sustainable stretch solution.

“We are excited to partner with CiCLO as the first denim mill to apply this unique technology to create a kinder stretch denim for the planet,” said Pierette Scavuzzo, director product design for Cone Denim. “There is no compromise on stretch performance, hand, or aesthetics and CiCLO stretch denims are also offered in Cone’s Distilled Indigo shades, for an even more sustainable denim. The flexibility of the technology opens many opportunities to innovate new denim constructions, creating denim you love to wear with a reduced impact on the environment.”

“We would like to congratulate Cone Denim for being the first denim mill to offer a product line with CiCLO technology,” said Andrea Ferris, CEO Intrinsic Advanced Materials. “Cone’s passion and leadership to offer sustainable denim fabrics is making a difference in the efforts to reduce synthetic microfiber pollution in our oceans and decrease the accumulation in landfills.”

Visit Cone Denim at the Kingpins Amsterdam Show October 23-24 to see the CiCLO denim collection.

Posted October 22, 2019

Source: Cone Denim

Patrik Frisk To Become Chief Executive Officer Of Under Armour On January 1, 2020

BALTIMORE — October 22, 2019 — The Board of Directors of Under Armour Inc. today announced that President and COO) Patrik Frisk will become the company’s CEO, effective January 1, 2020. Frisk, 56, will serve as CEO & president, reporting to Kevin Plank and will join Under Armour’s board of directors. Plank, having served as chairman and CEO since he founded the company in 1996, will become executive chairman & brand chief continuing to lead Under Armour’s board of directors while focusing on product elevation, amplifying the brand story and stewarding the company’s strong team culture.

“Our multi-year, transition approach has ensured purposeful leadership continuity. Patrik is the right person to serve as Under Armour’s next CEO,” said Plank. “As my partner during the most transformative chapter in our history, he has been exceptional in his ability to translate our brand’s vision into world-class execution by focusing on our long-term strategy and re-engineering our ecosystem through a strategic, operational and cultural transformation.”

Plank continued: “Having earned the trust and respect of our teammates, customers and shareholders, Patrik’s proven track record of industry experience, straightforward leadership style and championship of our brand and culture makes him uniquely positioned to smartly capitalize on the opportunities in front of us. As I envision our future — I look forward to further partnering with Patrik to continue our pursuit of becoming the best athletic brand in the world. I am confident that we are just getting started.”

Under Armour President & COO Patrik Frisk added: “I joined Under Armour to be part of an iconic brand that demonstrated the power of sport and premium experience, when properly harnessed, is capable of unlimited possibilities. Today, I am even more resolute in this conviction. The opportunity that lies ahead of us is incredible. As our entire global team continues to lean hard into our transformation, I am honored to lead this great brand toward the realization of its full potential.”

Frisk joined Under Armour in 2017 following nearly 30 years of experience in the apparel, footwear and retail industry. Prior to Under Armour, he was CEO of The ALDO Group, a global footwear and accessories company. Previous to that, he spent more than a decade with VF Corp. where he held numerous leadership positions including Coalition President of Outdoor Americas (The North Face® and Timberland®), president of the Timberland® brand, president of Outdoor & Action Sports (EMEA), and vice president and general manager of The North Face®.

Posted October 22, 2019

Source: Under Armour Inc.

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