JEC World 2019 Exhibitor Preview: SGL Carbon

WIESBADEN, Germany — March 5, 2019 — At this year’s JEC World, a trade fair for composites held from March 12-14, 2019, in Paris, SGL Carbon will focus on smart solutions for the automotive industry. In hall 6 at stand D25, the company will present a wide range of tailored components and high-performance materials along the entire value chain under the motto “The Weight and Performance Optimizers.” The automotive examples also represent possible innovative applications in other industries.

“As a reliable and innovative partner to our customers, we offer tailored solutions across industries, from fibers to finished parts, all from a single source. We help not only to produce lighter components, but also boost performance thanks to greater durability of individual components or improved overall architectures,” explained Andreas Wüllner, president of the Divisional Board of Composites – Fibers & Materials at SGL Carbon.

Tailored solutions for automotive serial production 

Carbon composite rear wall for high-performance cars

Highlights include a carbon fiber-reinforced rear wall for a high-performance car from a major German automobile manufacturer, which was implemented in serial production in cooperation with SGL Carbon. As a light body-reinforcing element, the design not only helps to keep the overall weight low — it is also crucial for configuring the entire vehicle’s performance. The rear wall structure was laid out to meet load path requirements in cross-departmental collaboration between specialists from material engineering, product design and process design. Joining of metal materials to composite materials also came into play over the course of the project, with SGL Carbon offering just the right material and process expertise.

Natural fiber components for sports models

The innovative natural fiber concept for a sportscar manufacturer also celebrated its trade fair premiere. In developing the motorsport model, the focus was placed on both, extreme performance and sustainability. This is why the carmaker opted for a hybrid biology-based composite for the doors and rear spoilers. In concrete terms, the components consist of a combination of biology-based natural fibers and fossil-based carbon fibers as well as conventional plastics. SGL Carbon developed a specifically pre-impregnated natural fiber fabric based on a fast-curing resin. Concepts for accelerated pressing processes and tools engineering were also developed in collaboration with the Lightweight and Application Center of SGL Carbon.

Visible carbon components with a high degree of functional integration

Besides complex structure and fitting requirements, component production also demands extensive surface properties for visible carbon components to ensure a perfect look.

SGL Carbon also has many years of experience and expertise in this still important area, demonstrated at JEC World, on the one hand with a strut bar based on braided carbon fibers, ensuring both stability and a visual highlight in the engine compartment of the BMW models M2, M3 and M4 and on the other hand, SGL Carbon will also showcase a mount carrier made of carbon-fiber non-woven materials for a sportscar manufacturer, used in the rear end of the sports car as a platform for installing the spoiler.

Leaf spring based on fiberglass

The glass-fiber reinforced plastic (GFRP) leaf spring is just one component that offers major potential for high-volume serial production. Today, it is already used as a cross leaf spring in the rear axles of around 40 Volvo models, produced at the SGL plant in Austria in a completely automated manufacturing process at a volume of several hundreds of thousands per year – unparalleled in the industry. The major advantages of the springs include a weight reduction up to 65 percent compared to standard steel springs, greater driving comfort and more interior space. The leaf spring can also be realized in a longitudinal form and is currently being implemented in new joint projects with renowned automotive manufacturers from Europe and North America.

Composite battery boxes for electric vehicles

Growing electromobility also means battery boxes made of glass-fiber and carbon-fiber composite materials are also gaining in importance. SGL Carbon’s high-voltage battery housing concept represents a reduction in weight of up to 50 percent compared with the corresponding steel component. It meets the highest of standards in terms of fire resistance, rigidity, acoustics and both thermal and electromagnetic shielding. With fiber composites, sensors can also be integrated to detect damage in the underbody of the electric vehicle. Damage is recognized early on, so the vehicle electronics can take safety precautions right away. Using carbon-fiber nonwoven materials and fiber-reinforced thermosetting polymers helps to map complex geometries with a process streamlined for serial production – yet another testament to SGL Carbon’s aspiration to continually optimize component efficiency and manufacture.

High-performance materials and broad process expertise

At the JEC World, SGL Carbon will also present trend-setting processing and application variants as well as advanced material classes.

Windshield in efficient thermoplastic skeleton design

One good example is the combination of formable thermoplastic profiles and subsequent extrusion coating with thermoplastic short-fiber granules into a complex skeletal structure. This concept was developed several years ago for a BMW cowl component as part of the “MAI Skelett” project sponsored by the German government. The advantages of this approach include integration into existing, highly automated production processes combined with extremely fast cycle times of under 75 seconds per part. SGL Carbon now offers high-quality thermoplastic profiles pultruded in-house with high fiber volumes (>45%) that can be processed immediately, without blending, thanks to their fully consolidated state.

Advancing fiber placement together

In the “Composites in Action” exhibition space (hall 6, stand S84), SGL Carbon will also be available at the Technical University of Munich (TUM) stand on the topic of fiber placement. This stand will highlight the Fiber Placement Center, operated in collaboration between Fraunhofer JGCV, SGL Carbon, TUM and other partners. Presented at last year’s JEC and headquartered at the SGL Meitingen location near Augsburg, the center aims to launch the production process in major-series applications across industries while optimizing concepts in terms of resources and efficiency.

Posted March 5, 2019

Source: SGL Carbon

Hohenstein Academy 2019

BÖNNIGHEIM, Germany — March 1, 2019 — Since March Hohenstein is paving the way to modern learning worlds with the e-Academy. Digital and independent of time and location, the Academy thus offers access to valuable content from all areas and competences of the company to anyone who is interested. There are webinars, webcasts, tutorials and further digital formats in the following subject areas:

  • Textile basic knowledge;
  • Comfort and performance;
  • Clothing technology;
  • Safety and sustainability;
  • Laundering and cleaning; and
  • Medicine and healthcare.

The Academy is constantly expanding its digital offer. Fresh and new formats are always available — wherever and whenever you need them. This new offer provides the user with numerous benefits. Those interested no longer have to travel to Hohenstein to experience and learn new things first-hand. Therefore, the Academy has devoted itself to the concept of blended learning. For example, the Academy will provide the traditionally well-attended basic laundry technology course modularly and will offer content both digitally and at events on site.

Please find details in the course overview. Here, you will also find the courses of the subject areas comfort and performance. The experts teach in a tried and tested manner both on site in Hohenstein and, on request, at the customer’s facility.Hohenstein hopes that the realignment and digitization of the Academy will give it new impetus, above all, in the area of commercial laundry. The completely rebuilt Academy will also develop a comprehensive course program for proper linen care on behalf of the German Certification Association.

Posted March 5, 2019

Source: Hohenstein

Marking Its 5th Anniversary, LIFT Receives Agreement Extension From The U.S. Department Of Defense

DETROIT — March 5, 2019 — LIFT – Lightweight Innovations For Tomorrow — a Detroit-based national manufacturing innovation institute celebrating the 5th anniversary of its founding — today announced that the Department of Defense has extended its cooperative agreement for another year while negotiations are underway for a new long-term partnership.

The American Lightweight Materials Manufacturing Innovation Institute (ALMMII), which operates LIFT, signed the original cooperative agreement with the Department of Defense, through the Office of Naval Research, in February 2014, as one of the founding members of the Manufacturing USA network. LIFT is a public-private partnership committed to the development and deployment of advanced lightweight material manufacturing technologies and implementing education and training initiatives to better prepare the workforce today and in the future.

“The first five years of our institute have been a tremendous success, moving from an idea on paper to creating a world-class facility in Detroit and building an ecosystem of experts across the country,” said Nigel Francis, LIFT CEO and executive director. “The value we have shown the Department of Defense, together with our industry and academic partners, enabled this extension and we are now working towards a new long-term agreement to be in place in the near future.”

During its initial five years, LIFT and its national network of partners have, among a wide array of other successes:

  • Developed methods of reducing the weight of cast iron automotive parts by 50%;
  • Streamlined the shipbuilding process by reducing distortion caused by welding and enabling the use of lightweight materials;
  • Optimized the design of anti-lock brakes and electronic stability control system kits for military Humvees, which can reduce the number of fatal rollovers by 74 percent;
  • Piloted “Operation Next” to support separating military men and women by providing educational opportunities and employment in some of the most in-demand advanced manufacturing jobs;
  • Launched the “MakerMinded” online STEM activity and competition platform for middle and high-school students in eight states;
  • Developed the IGNITE: Mastering Manufacturing foundational curriculum, piloted at schools in three states, to better prepare high school students for the 21st Century design and production environment; and
  • Designed and implemented 40 education and workforce development partnerships in Michigan, Ohio, Indiana, Kentucky and Tennessee, to address the manufacturing skills gap and align technology and talent development in advanced manufacturing.

This year is an exciting one for the institute as it plans an expanded technology scope to provide more services to small and medium-sized manufacturers. LIFT will also open the “LIFT Learning Lab”- an immersive lab focused on building the pipeline of advanced manufacturing technicians – in its Detroit facility later this spring.

Posted March 5, 2019

Source: LIFT, operated by the American Lightweight Materials Manufacturing Innovation Institute (ALMMII)

Multi-stakeholder Organic Cotton Traceability Pilot Reaches Milestone Towards Successfully Tracing Organic Cotton Through Its Value Chain

AMSTERDAM — March 5, 2019 — A pioneering new initiative, called the Organic Cotton Traceability Pilot, is proving the use of cutting-edge technology to trace organic cotton through its value chain. This is an important and promising milestone in the quest to boost the traceability of organic raw materials and revolutionize the textile supply chain.

“With the work we have done to trace organic cotton from farm to gin, we are confident that in the next phase we will be able to make the leap from gin to consumer, eventually making it possible to swiftly and efficiently trace organic cotton straight from the farm to the consumer. This is good for farmers, good for consumers, and good for the entire industry,” said Daniel Jones, founder and CEO of Bext360, the lead technical partner of the initiative.

Tracing organic cotton from farm to consumer
The apparel supply chain is notoriously fragmented and complex, making tracing garments to their origins a difficult task. Tracing material flows through the supply chain is even more challenging, especially sustainably produced raw materials like organic cotton.

At the same time, the pressure for greater transparency and sustainability in the fashion industry is intensifying. Consumers are more aware than ever of the ethical and environmental impact of fashion, while governments are beginning to demand accountability from brands and retailers for their supply chains.

Traceability is playing an increasingly important role in ensuring not only that sustainability claims made to the consumer are accurate, but also that sustainable producers are rewarded for their efforts.

New technologies are beginning to offer brands innovative tools to efficiently and reliably verify materials, but until now these have not been successfully applied at scale in the garment industry.

The technology behind the Organic Cotton Traceability Pilot
This pilot initiative combines multiple technologies to trace and identify the origin, purity and distribution of organic cotton. While these technologies have already been used before other supply chains, they have not been yet been used in fashion.

While blockchain technology allows for efficient integration of data from multiple sources in the supply chain, the use of machine vision, artificial intelligence, micro-biome sequencing and on-product unique markers (including the physical markers: NFC, IN-Codes and fluorescent Li-Code’s) help to guarantee data integrity as well as grade the quality and purity of materials. For machine readable technologies like product markers, this can usually be done without altering the product itself.

At the farm level, the solution’s digital trail is creating transparency not only by verifying the material but also by ensuring the that fair price brands are paying is reaching the farmers. Additionally, the digital trail simplifies logistical transactions for farmers and enable banks to provide them loans.

At the consumer level, the technology sheds a light on the suppliers and manufacturers that are behind a final product, increasing trust and transparency.

A multi-stakeholder effort
As a traceability solution that has seen success in other complex supply chains like coffee, cocoa, and palm oil, Bext360 was chosen to participate in the Fashion for Good Scaling Programme. Seeing the potential of the model, an unprecedented group of partners came together to pilot whether the technology solution be applied to organic cotton.

Lead technical partner, Bext360, was backed in logistics, planning and technology by supporting technical partners Haelixa, Tailorlux, and IN-Code Technologies, and ongoing field trails are being carried out in Pratibha Syntex farm groups in India. Other partners include Fashion for Good, C&A Foundation, and the Organic Cotton Accelerator (OCA), as well as Kering, Zalando, PVH Corp., and C&A. The unique mix of technology providers, philanthropic partners, multi-brand platforms, as well as brands, retailers and manufacturers all working collaboratively to drive traceability in organic cotton has yet to be seen in the industry.

“As a global platform for innovation with many brands behind us, we are excited to see how the scaling of one of our innovators turned into a multi-stakeholder effort from which the whole industry will benefit. These technologies will improve how companies can map, audit, certify, and monitor their value chains, allowing them to tackle issues head on and build transparent processes,” explained Katrin Ley, managing director of Fashion for Good.

Results and next steps
With testing underway to trace organic cotton from farm to gin, the next step will trace from gin to consumer and finally it will need to be proven at scale. If taken to this level, this initiative has potential to become a leading end-to-end traceability solution not only for organic cotton, but for other preferred fibres.

“The time was ripe to take a bold step towards full traceability in the organic cotton value chain. We believe this technology solution has potential and were eager to support the experiment to prove it. It has been exciting to see so many actors come together and we invite more of the industry to join us on this journey.” added Anita Chester, head of Sustainable Raw Materials of C&A Foundation.

Posted March 5, 2019

Source: Fashion For Good/C&A Foundation

Hand & Lock Prize for Embroidery Award 2019

MANCHESTER, England — March 5, 2019 — Hand & Lock is looking for creative embroiderers who want to showcase their skills for a chance to win a top prize of $3500 US and a weekend embroidery course with Hand & Lock. The Textile Institute is proud to announce it is a supporter of this event.

Established in 2000 to give new designers, interested in embroidery, the opportunity to showcase their talents and gain vital exposure and experience, the Hand & Lock Prize for Embroidery now attracts entries from all over the world.

The prize aims to promote the use of hand embroidered surface embellishment within fashion, costume and soft furnishing.

There are student and open categories for the awards so anyone can enter. If you have embroidery skills in design, arts, surface textiles, fashion, interiors, fibers or textiles, why not register now?

Former winners have gone on to start their own successful businesses, work in the industry for top design houses and even join the team here at Hand & Lock.

The live judging and Prize Giving event is a prestigious international occasion and an important part of the London fashion calendar. The prize-giving event held at the Bishopgate Institute, London, now draws industry professionals, designers and influencers keen to see the latest embroidery talent.

For more details about how to enter, visit https://handembroidery.com/the-prize/how-to-enter-the-prize/.

Prize registration closes 29 March 2019.

Posted March 5, 2019

Source: The Textile Institute

 

Right Lane Industries Acquires Specialty Textiles And Extruded Plastics Division Of Schlegel Systems

ROCHESTER, N.Y. — January 16, 2019 — On December 31, 2018, Right Lane Industries acquired the specialty textiles and extruded plastics division of Schlegel Systems Inc. and renamed the new stand-alone company Schlegel Specialty Products LLC (SSP). As a new permanent subsidiary of Right Lane, SSP will continue to develop and manufacture innovative textile and plastic products from its long-tenured facility in Rochester, N.Y. In conjunction with the acquisition, Right Lane has retained SSP’s existing management, operations, and engineering teams, to support anticipated growth.

Originally founded in the 1880’s, Schlegel Specialty Products engineers and produces woven textiles and extruded plastic products for applications in the automotive, aerospace, office equipment, transportation, heavy industrial and other end markets. The company manufactures its products using proprietary processes out of a 104,000 square foot facility located in Rochester.

The team at SSP is excited to utilize Right Lane’s centralized corporate services, capital, and growth orientation to deepen partnerships with customers, and ensure their success long into the future.

“Schlegel Specialty Products has a skilled team, unique production capabilities, and a brand name with exceptional heritage,” said Right Lane CEO Eric Mara. “We are excited to support SSP with the capital and resources it needs to expand product offerings, increase production capacity, and build long-term partnerships with world-wide customers.”

Posted March 4, 2019

Source: Right Lane Industries

Iconix Brand Group Names John T. McClain CFO

NEW YORK CITY — March 1, 2019 — Iconix Brand Group Inc. announced that John T. McClain has been appointed CFO effective February 11, 2019. McClain has a strong background in financial leadership positions for global brands. He will report to Robert Galvin, CEO, president and a member of the board of directors at Iconix Brand Group.

“John is a transformational CFO with an impressive background in financing and restructuring and I’m thrilled to have him join my team at Iconix Brand Group Inc.,” said Galvin. “I have known John for more than a decade and he is a true professional who will be an asset to Iconix.”

From 2007 until its sale to Sycamore Partners in 2014, McClain was CFO at Jones Apparel Group, a $4 billion leading global designer, marketer and wholesaler of more than 25 brands with product expertise in apparel, footwear, jeanswear, jewelry and handbags. He has also held senior finance roles at Lindblad Expedition Holdings Inc., Avis Budget Group Inc., formerly Cendant Corp., Sirius Satellite Radio Inc. and ITT Corp. McClain is currently a member of the board of directors for Lands’ End Inc. and Seritage Growth Properties, and is a graduate of Lehigh University with a B.S. in accounting.

Inducement Equity Grants

As an inducement to accept his appointment with Iconix, and in lieu of McClain’s eligibility to participate in Iconix’s 2019 long-term incentive plan or any similar incentive plan effected in 2019 by Iconix., McClain will be granted a number of restricted stock units equal to the number of Iconix’s common shares with a value on the date of grant of $262,500 (RSUs), and a number of performance stock units equal to the number of Iconix’s common shares with a value on the date of grant of $262,500 (PSUs).

One-third of the RSUs are vested on the date of grant, with the remaining two-thirds of the RSUs to vest on February 11, 2020, subject to McClain’s continued employment with Iconix through the vesting date; provided that, if McClain’s employment terminates for any reason before such vesting date, then all of the RSUs (whether or not then vested) will be forfeited immediately for no consideration; provided that in the event of a termination by Iconix without cause and unrelated to Iconix’s or the McClain’s performance, all unvested RSUs shall vest on the first anniversary of the grant date. Any vested RSUs will be distributed to McClain in shares of Iconix’s common stock within 15 days after the applicable vesting date. McClain has a right to receive dividend equivalents in respect of the RSUs, which will be subject to the same vesting and other restrictions applicable to the underlying RSUs.

The PSUs are eligible to vest at the end of a three-year performance period ending on December 31, 2021, based on the same financial performance metric to be determined by the Compensation Committee of Iconix’s Board of Directors, in its sole discretion, pursuant to Iconix’s 2019 long term incentive plan applicable to Iconix’s other senior executives; provided that, if McClain’s employment is terminated by Iconix without “cause” (and not due to his death or disability) or by him for “good reason” (each such term as defined in his employment agreement with Iconix), then he will remain eligible to earn a pro rata number of the PSUs, based on the percentage of the Performance Period during which he was employed by Iconix, provided that the applicable performance metric is achieved on the termination date as if the termination date had been the last day of the Performance Period. The pro rata number of PSUs that would be earned by McClain in accordance with the prior sentence will become vested at the end of the performance period, subject to McClain’s continued compliance with certain restrictive covenants.

In the event of a change in control of Iconix occurring prior to the last day of the performance period, any outstanding and unvested PSUs will be converted to a number of restricted stock units equal to the number of PSUs that would have vested on the date of such change in control based on the applicable financial metric described above if such change in control had been the last day of the performance period, and any such restricted stock units will vest on the last day of the performance period, subject to McClain’s continued employment with Iconix and his continued compliance with certain restrictive covenants; provided that, if the PSU award is not assumed, substituted or otherwise continued in a change in control, then such restricted stock units will vest immediately upon such change in control; provided, further, that, if McClain’s employment is terminated by Iconix without cause (and not due to his death or disability) or by him for good reason, in any case, within 24 months after a change in control of Iconix, then any outstanding restricted stock units into which the PSUs have converted will vest immediately on the termination date (subject to McClain’s continued compliance with certain restrictive covenants). Any PSUs that remain unvested as of the last day of the performance period will be forfeited immediately for no consideration. Any vested PSUs will generally be distributed to McClain promptly after the end of the performance period (or, if applicable, the date of termination of his employment). McClain has a right to receive dividend equivalents in respect of the PSUs, which will be subject to the same vesting and other restrictions that apply to the underlying PSUs.

The RSUs and PSUs described above are being granted as a material inducement to McClain entering into employment with Iconix in accordance with NASDAQ Listing Rule 5635(c)(4), and are subject to the terms and conditions of the applicable award agreements.

Iconix Brand Group Inc. owns, licenses and markets a growing portfolio of consumer brands including: CANDIE’S ®, BONGO ®, JOE BOXER ®, RAMPAGE ®, MUDD ®, MOSSIMO ®, LONDON FOG ®, OCEAN PACIFIC ®, DANSKIN ®, ROCAWEAR ®, CANNON ®, ROYAL VELVET ®, FIELDCREST ®, CHARISMA ®, STARTER ®, WAVERLY ®, ZOO YORK ®, UMBRO ®, LEE COOPER ®, ECKO UNLTD. ®, MARC ECKO ®, ARTFUL DODGER ® and HYDRAULIC ®. In addition, Iconix owns interests in the MATERIAL GIRL ®, ED HARDY ®, MODERN AMUSEMENT ®, BUFFALO ® and PONY ® brands. Iconix licenses its brands to a network of leading retailers and manufacturers that touch every major segment of retail distribution in both the U.S. and worldwide. Through its in-house business development, merchandising, advertising and public relations departments, Iconix manages its brands to drive greater consumer awareness and equity.

Posted March 4, 2019

Source: Iconix Brand Group

Avery Dennison Announces Transition In Board Leadership — President And CEO Mitch Butier Elected To Replace Retiring Chairman Dean Scarborough

GLENDALE, Calif. — March 1, 2019 — Avery Dennison Corp. announced today that its board of directors has elected president and CEO, Mitch Butier, to serve as chairman of the board following the company’s annual meeting of shareholders on April 25, 2019, subject to his reelection. Dean Scarborough, Avery Dennison’s current chairman, has informed the board of his intention to not stand for reelection.

“Avery Dennison has benefited over the years from Dean’s leadership and deep experience as chairman. We wish him all the best,” said David Pyott, lead independent director of the Avery Dennison Board. “Today’s decision reflects the board’s confidence in Mitch’s leadership and his ability to execute our vision and strategies to take Avery Dennison into the future.”

Scarborough leaves the board after serving nine years as chair, capping a career with the company that began in 1983. He served as president and CEO from 2005 to 2016.

“I believe deeply in Avery Dennison and its people, and it has been an honor to serve as chairman,” Scarborough said. “As I conclude my work with the company, I do so knowing that Mitch will serve as chairman with the same skill and commitment that he has applied to his leadership of the company.”

“I’m honored to be elected chairman,” Butier said. “Dean has been an invaluable partner over the years. I would like to thank him for his many years of leadership at the company, and for his personal counsel to me. I look forward to working with the board to continue creating long-term value for our employees, customers, shareholders and communities.”

Posted March 4, 2019

Source: Avery Dennison

University Of Cincinnati Announces Exclusive Apparel Partnership With Hanesbrands Inc.

ATLANTA — March 4, 2019 — University of Cincinnati, in collaboration with its exclusive trademark licensing agent, IMG College Licensing, today announced an agreement with Hanesbrands Inc. to serve as the University’s primary licensee for apparel products. The new deal covers Cincinnati-branded men’s, women’s, youth, and infant/toddler apparel across all retail channels, and ensures the University has greater control over the supply chain along with stability in licensing income over the next six years.

In addition to the new agreement with Hanesbrands, Cincinnati will continue its partnership with Under Armour, the exclusive supplier of uniforms and apparel for the University’s varsity teams, coaches, and staff. Additionally, semi-exclusive headwear partnerships that are currently in place will remain, as well as programs with other best-in-class licensees in select product categories to ensure a robust selection of merchandise for Bearcats fans and consumers.

While Hanesbrands has been a Cincinnati licensee since 1992 under its Champion label, the new agreement represents a continued effort by the Cincinnati licensing program to strategically manage the University’s brand to provide top-quality products for Bearcats fans while securing long-term brand value for the University.

“As the retail landscape continues to evolve, especially with the growth in online sales, it’s important that we partner with best-in-class licensees, like Hanesbrands, that are committed to growing the Cincinnati brand and delivering additional resources back to the University,” said Martin Ludwig, Cincinnati’s director of trademarks & licensing. “After working with our partners at IMG College Licensing to analyze proposals from companies interested in a stronger relationship with the University, we decided Hanesbrands and its family of top apparel companies was the best fit for our brand and meet the needs of retailers providing great apparel for our constituents.”

On top of partnering with a global brand, the agreement provides the University a minimum guarantee that ensures more than a 20 percent growth in apparel royalties following the 8 percent growth the University experienced during the past three years. The University will also gain access to academic resources through internships, participation by Hanesbrands executives in University programs and projects, and additional resources to develop, grow, and merchandise the presence of Cincinnati product in the marketplace. Hanesbrands will also fund annual corporate social responsibility (CSR) trips for Cincinnati staff to visit factories making licensed merchandise to review production and ensure compliance with University workplace codes of conduct.

“We are pleased to enter into this new agreement with the University of Cincinnati and are committed to developing the best apparel program for Bearcats fans,” said John Fryer, president, Sports Apparel, at Hanesbrands. “With more than 25 years of experience working with the Cincinnati brand, this new agreement allows us to focus our resources on improving designs and styles in true partnership with the University.”

Cincinnati began strategically managing its brand through IMG College Licensing in 2005 with its first semi-exclusive program in the headwear category, followed with a mass channel exclusive with Knights Apparel, a division of Hanesbrands. Since that time, Cincinnati has pursued partnerships with licensees that are aligned with the brand goals of the University.

“The Cincinnati licensing program under Marty’s direction routinely leverages the data and resources we provide to maximize the University’s brand exposure and revenue,” said Cory Moss, senior vice president and managing director of IMG College Licensing. “This new agreement with Hanesbrands represents the next step in the evolution of Cincinnati’s brand management.”

The University’s trademark licensing program was established in 1987 to manage the commercial use of the University’s name and all identifying marks and images. A division within the Office of Administration & Finance, Trademarks & Licensing has generated more than $15 million in royalty income from the sale of officially licensed merchandise with UC’s brand, which the University uses to support scholarships.

Posted March 4, 2019

Source: University Of Cincinnati

Jump Design Group And Glenn Schlossberg Acquire Susana Monaco Brand

NEW YORK CITY — March 4, 2019 — Jump Design Group announced last month its acquisition of the women’s wear label Susana Monaco. Jump acquired a majority stake in Susana Monaco by purchasing prior stakes from Marcus Lemonis of CNBC’s entrepreneur and business show The Profit. The acquisition marks six portfolio brands for Jump and is the latest move in the company’s efforts to expand its reach to solution-oriented brands in the textiles industry.

Susana Monaco has been designing womenswear under her namesake label since opening her Manhattan showroom in 2000. Looking to gain expert support and infrastructure that Jump Design Group offers, she began discussions with Founder and Principal of Jump Design Group, Glenn Schlossberg, nearly three years ago about a potential partnership.

“We’ve established our brand: the aesthetic, the style, our customer base — and the quality and fit of our products are impeccable. I have no doubt Glenn Schlossberg and Jump Design Group will take Susana Monaco designs to new heights,” said Susana Monaco, CEO and co-founder of the Susana Monaco brand. “Glenn and I both grew up in the textile business and we have a lot in common in terms of goals and how we view the industry. The most rewarding part of being in this particular industry is bringing new ideas to life, so this partnership with Glenn’s team was a no-brainer.”

Glenn Schlossberg, founder of Jump Design Group said: “We are excited to provide sales infrastructure and product development to allow Susana to focus on her products while we help achieve the product distribution that the Susana Monaco brand deserves.”

“Susana’s namesake brand is a classic line, and we share a lot in common with Susana,” added Ashesh Amin, CEO of Jump Design Group. “Our partnership will be mutually beneficial, combining our processes and technology with her innovative designs.”

The move acquiring Susana Monaco creates a strong portfolio and continues Jump’s focus on operational distinction and inventive product development. Previously, Jump Design Group acquired Cathy Daniels Apparel in 2018, in an effort by Glenn Schlossberg, to acquire two to three new apparel brands annually.

Jump Design Group and Glenn Schlossberg continue to seek out opportunities in the women’s apparel industry to add to the Jump portfolio. They are working with the U.S. Commercial Service to expand Jump Design Group sales to Germany, Sweden, and China.

Posted March 4, 2019

Source: Jump Design Group

Sponsors