Cole Haan Appoints Tom Linko As Chief Financial Officer

NEW YORK — JANUARY 16, 2018 — Cole Haan, the iconic American lifestyle accessories brand and retailer, today announces the appointment of Tom Linko as Chief Financial Officer.

“We are delighted Tom Linko has joined Cole Haan as CFO. His unique pedigree makes him ideal for Cole Haan. His experience in growth-oriented, multi-channel, global fashion and lifestyle brands will serve a vital role on our management team at a time when Cole Haan is gaining marketshare and expanding globally,” said Jack Boys, Chief Executive Officer of Cole Haan.

Linko brings a wealth of experience to this role, having served most recently as CFO of Kate Spade & Co., where he oversaw and lead their global finance team that included accounting, reporting, treasury, tax, internal audit, FP&A and global planning.

“I am thrilled to be joining one of the strongest American brands in the marketplace that is bridging technology and innovation with classic style. It is an exciting opportunity to be able to bring my experience in the fashion industry to a growth brand such as Cole Haan,” said Tom Linko.

Since 1928, the Cole Haan name has been synonymous with quality, craftsmanship and vision. In February of 2013, Apax Partners acquired Cole Haan, making it privately owned for the first time in 25 years. As a great American brand, Cole Haan believes in the importance of substance, craft, style and innovation. With this, Cole Haan has continued to expand domestically in category and internationally through best-in-class partners and distribution agreements.

Posted January 16, 2018

Source: Cole Haan LLC

Compass Diversified Holdings Announces Retirement Of Alan B. Offenberg And Names Elias J. Sabo As Chief Executive Officer

WESTPORT, Conn. — JANUARY 16, 2018 — Compass Group Diversified Holdings LLC (the “Company”) and Compass Diversified Holdings (together with the Company, “CODI”), an owner of leading middle market businesses, announced today that Elias J. Sabo, a founding partner of the Company’s Manager, Compass Group Management LLC (“CGM”), has been appointed as the Company’s Chief Executive Officer (“CEO”), effective May 3, 2018. Mr. Sabo will also be appointed to the Company’s Board of Directors at that time. He will succeed Alan B. Offenberg, who is retiring from his position as CEO and a director of the Company, following his 20-year tenure with CODI and CGM.

Mr. Sean Day, Chairman of the Company’s Board, commented, “Alan has provided strong leadership for CODI during a time when CODI generated growing cash flows, continued to acquire leading niche industrial and branded consumer businesses, increased total gains realized for shareholders and provided stable distributions. We are all very grateful to Alan for his contributions to CODI and on behalf of the Board, I want to thank him for his years of service and wish him all the best in his retirement.”

Mr. Day added, “As one of the founders and architects of our business model, Elias has been instrumental to CODI’s success in implementing its investment strategy, identifying and growing our leading subsidiaries, and building shareholder value. Our investment and monetization of one of our past subsidiaries, Fox Factory Holding Corp. (“FOX”), highlights this approach. Under Elias’ leadership, we acquired FOX, took it public and eventually realized gains from this investment of approximately $525 million. I am confident Elias is the ideal person to lead CODI, as it builds on its past success and continues to execute on its proven strategy. He is an exceptional leader with an in-depth knowledge of our business, strong internal and external relationships and a clear vision for CODI’s future.”

Mr. Sabo, 47, joined CGM in 1998 as one of the founding partners. For the past 20 years, he has been a member of the Investment Committee and, alongside Mr. Offenberg, has played a central role in directing CODI’s strategy. Mr. Sabo also currently serves as a director for a number of CODI’s current subsidiaries, including 5.11 Tactical, Advanced Circuits, Arnold Magnetic Technologies, and Fresh Hemp Foods, Ltd. (doing business as Manitoba Harvest). He previously served as the Chairman of Fox Factory Holding Corp. (NASDAQ: FOXF), a former CODI subsidiary. Prior to joining CGM, Mr. Sabo held positions with CIBC Oppenheimer and Colony Capital.

Mr. Sabo stated, “I am honored to become the Company’s next CEO. It has been a pleasure to partner with Alan for the past 20 years and I look forward to working closely with him over the next few months to ensure a seamless transition. I am very excited about CODI’s strong prospects and the many opportunities the Company has to build further value for our shareholders. Going forward, our strategic focus remains to add to our family of leading middle market businesses and to reinvest in our current subsidiaries in an effort to further drive future cash flow growth and provide strong and consistent cash distributions.”

“It has been a privilege to serve as CEO during the past seven years and I have been fortunate to have had the opportunity to collaborate with a group of dedicated and talented professionals,” said Mr. Offenberg. “I would like to thank everyone for their hard work in building CODI into the leader it is today. Having worked closely with Elias since our inception, he has been integral to our success and I know his knowledge, passion and commitment to further expanding CODI’s leadership will serve the Company and its shareholders well. I wish Elias and the rest of the team all the success in the future.”

Compass Diversified Holdings (“CODI”)
 owns and manages a diverse family of established North American middle market businesses. Each of its current subsidiaries is a leader in its niche market.

CODI maintains controlling ownership interests in each of its subsidiaries in order to maximize its ability to impact long term cash flow generation and value. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and to make cash distributions to its shareholders.

Our nine majority-owned subsidiaries are engaged in the following lines of business:

  • The design and marketing of purpose-built tactical apparel and gear serving a wide range of global customers (11);
  • The manufacture of quick-turn, small-run and production rigid printed circuit boards (Advanced Circuits);
  • The manufacture of engineered magnetic solutions for a wide range of specialty applications and end-markets (Arnold Magnetic Technologies);
  • Environmental services for a variety of contaminated materials including soils, dredged material, hazardous waste and drill cuttings (Clean Earth);
  • The design, manufacture and marketing of airguns, archery products, optics and related accessories (Crosman);
  • The design and marketing of wearable baby carriers, strollers and related products (Ergobaby);
  • The design and manufacture of premium home and gun safes (Liberty Safe);
  • The manufacture and marketing of branded, hemp-based food products (Manitoba Harvest); and
  • The manufacture and marketing of portable food warming fuels and creative ambience solutions for the hospitality and consumer markets (Sterno Products).

Posted January 16, 2018

Source: Compass Diversified Holdings

Material ConneXion® Introduces Innovation Walls

NEW YORK — JANUARY 16, 2018 — Material ConneXion, the leading materials-driven design authority and partner of the most innovative brands in the world, is pleased to announce the debut of the company’s Innovation Walls. Curated by Material ConneXion’s team of experts, the Innovation Walls are refreshed quarterly with 20 of the most exciting materials and advancements across industries.

Innovation Walls are a physical manifestation of Material ConneXion’s consulting expertise, tangible material samples, and cross-industry insight, incorporating a range of materials on the cutting edge of technology and sustainability. Since the soft launch of the Innovation Wall program in Q4 2017, walls have been installed in the offices of leaders in technology, consumer electronics, and footwear and apparel, with additional orders placed for 2018.

In addition, Material ConneXion has expanded its presence to the West Coast with the addition of Melanie Marsh as Director of Commercial Strategy. Based in San Diego, CA, Ms. Marsh will be responsible for managing the team and driving the West Coast business strategy.

“Many of Material ConneXion’s innovative clients are located on the West Coast. This expansion allows us to leverage our 20+ years of global experience in material science, and to help satisfy the demand for creative, competitive, and sustainable material solutions in the region,” said Nick Wright, Material ConneXion’s Managing Director.

Posted January 16, 2018

Source: Material ConneXion

Rock Face Releases Flame-Resistant & Performance Baselayers For Military & Tactical Markets

WADESBORO, NC – JANUARY 16, 2018 – Rock Face, a provider of the most advanced base layers in the world, recently released flame-resistant (FR) and performance base-layer products to enhance their offering to military and tactical markets.  The brand will debut these new product lines at the annual SHOT Show in Las Vegas, NV from January 23-26.

Coville Inc., the owner of Rock Face, was founded as a fabric converter in 1976 in Winston-Salem, NC and has since become a trusted supplier of performance, athletic and protective base-layers.  Since 2014, Coville has provided fabric for more than 21 million garments for the United States Armed Forces.  Rock Face remains the only base-layer apparel brand that designs, knits and sews products in their BERRY-COMPLIANT, company-owned manufacturing facilities.

Rock Face was created to provide distributors and end-users a manufacturer-direct line of advanced base-layers at the lowest cost. Rock Face achieves this value by combining technologically-advanced fabrications and modern fit specifications to create the highest-performing and most comfortable base-layers for military and tactical applications.  Tested and certified for both training and combat missions, Rock Face base-layers are lightweight but protective, comfortable yet durable.

In addition to advanced flame-resistant properties, Rock Face’s base-layers are powered by Coville’s climaGuard™, a textile technology that creates and protects the ideal human microclimate.  climaGuard’s™ ideal blend of water-attracting and water-repelling fibers creates garments that breathe, wick moisture away from the skin and dry quickly.  This technology also employs SilverPlus® which protects garments from odor-causing bacteria.  All of this combines to create the ultimate in modern base-layer technology.

Posted January 16, 2018

Source: Coville

Secant Group Develops The First Synthetic Regenerative Cardiovascular Graft

TELFORD, Pa. — January 16, 2018 — Secant Group, in partnership with its sister company SanaVita Medical, announces technology to advance cardiovascular regenerative medicine with the development of a synthetic, small bore, vessel that encourages endogenous regeneration and new vessel formation. The technology is based on the company’s sophisticated textile forming capabilities that can produce a hollow lumen construct that is infused with Secant’s proprietary Regenerez® bioresorbable polymer technology. The new small bore vessel supports the regeneration of new vascular tissue structures without the need for cell seeding or biologic growth promoters.

In situ vascular regeneration, along with the elastomeric and immunomodulatory properties of the synthetic vessel, could solve the problems of vascular harvesting and the non-resorbable synthetic graft compliance mismatching seen with the current technology available for surgeons today. These regenerative grafts will offer unprecedented benefits for coronary artery bypass surgery, peripheral vascular disease, and renal disease treatments.

Secant has produced small bore grafts with lumen diameters down to 500 μm, closely matching the range of human vessels. Jeff Robertson, president, Secant Group, explained: “By combining our textile manufacturing and biomaterials capability, this small bore graft would provide similar compliance as native vasculature, enabling a seamless connection between graft and vessel. A Regenerez based graft would stimulate regenerative vessel healing and cell growth, eventually degrading to leave only the native tissue behind, creating a new vessel.”

Devices that currently dominate the cardiovascular graft replacement market have numerous limitations including compliance mismatch, low patency rates, calcification, a risk of infection and lack of tissue regeneration capability. The Secant small bore graft addresses many of these limitations. Early pre-clinical studies have confirmed that Regenerez grafts are non-thrombogenic, did not show occlusion and provide excellent suturability. Secant is continuing the development of small bore grafts in collaboration with a leading heart and vascular research university. Secant Group is currently looking for medical device partners to progress this exciting new technology through clinical trials and commercialization.

Posted January 16, 2018

Source: Secant Group

Industry Unites In The Fight Against Microplastic Release From The Washing Of Synthetic Textiles

BRUSSELS  — January 16, 2018 — A new industry agreement for the prevention of microplastic release from synthetic textiles washing was officially launched today and endorsed by the European Commission.

The European Textile and Apparel Confederation (EURATEX), the International Association for Soaps, Detergents and Maintenance Products (A.I.S.E.), the European Outdoor Group (EOG), the European Man Made Fibres Association (CIRFS) and the Federation of European Sporting Goods Industry (FESI) struck an agreement to address the release of microplastic in the aquatic environment.

The group of European industry associations, representing the global value chain of garments and their associated maintenance, agreed that viable solutions need to be found to the release of microplastic into global marine and freshwater during the entire lifecycle of textiles; which is highlighted as one of the sources of microplastic.

In the agreement the associations commit to a cross-industry coordination and stakeholder support through a set of effective and economically feasible measures:

  1. Define common measurement methods — Agree on reliable and harmonized test methods to identify and quantify the type of microplastic present in water and in the environment
  2. Share Knowledge — Call for collaboration across all relevant industry sectors and other organisations, including research, to share information, define common priorities to fill knowledge gaps and advise on mid and long- term measures
  3. Industrial research — Support and participate in industrial research activities to investigate feasible options to tackle the release of microplastic and to contribute towards addressing a global problem.

The industry associations believe that through mutual work and better understanding of the issue feasible solutions can be found that can be effectively applied by industry, consumers, and authorities.

Through the agreement the industries would like to tackle this issue that is potentially affecting billions of people worldwide.

The first half of 2018 foresees the mapping of actions on test methods and on-going research, discussions on potential harmonization methodologies and conceivable cross-industry collaborations. The goal, for the end of 2018, will be to draft a proposal for the European Commission. This proposal aims to fill knowledge gaps to identify and quantify sources of microplastic pollution in order to work on possible solutions.

Posted January 16, 2018

Source: EURATEX

Kansai University And Teijin Develop Piezoelectric Wearable Sensors Featuring Fashionable Stitch Designs

TOKYO — January 16, 2018 — Kansai University and Teijin Frontier Co. Ltd., the Teijin Group’s fiber-product converting company, announced today that Professor Yoshiro Tajitsu of Kansai University’s Faculty of Engineering Science and Teijin Frontier have developed e-stitch, a series of fashionable piezoelectric wearable sensors with stitch designs that measure body motions such as extension, contraction, bending and twisting. Soft, flexible e-stitch sensors are largely unrestricted in terms of fabric types and embroidery patterns, allowing them to be produced in highly fashionable designs.

The new series is based on piezoelectric kumihimo wearable sensors that Kansai University and Teijin Ltd. announced in January 2017. For demonstration purposes, those sensors were incorporated in Japanese-style braided cords, known as kumihimo. The technologies embodied in soft, flexible e-stitch sensors represent a break from preconceived ideas about wearable sensors because they offer new levels of sensing convenience and fashion.

Kansai University and Teijin Frontier will exhibit their e-stitch sensors and examples of their application at The 4th Wearable Expo (booth No. W15-5, West Hall), the world’s largest exhibition of wearable devices and products, which will take place at Tokyo Big Site from January 17 to 19. The booth will showcase samples of e-stitch sensors featuring traditional designs that have been incorporated in ladies’ modern denim wear made by Japanese designer Homay, the producer of Kyoto Denim clothing. Samples of e-stitch sensors incorporated in pet wear and athletic-shoe insoles also will be displayed.

Going forward, Kansai University and the Teijin Group will continue to explore the potential of polylactic-acid (PLA). Through industry-academia collaborations, they aim to create highly added-value sensing technologies for augmented-reality applications in the Internet of Things.

Piezoelectricity is the generation of electric charges by certain dielectric materials in response to mechanical stress. Piezoelectricity also can be used to apply electric voltage to produce mechanical strain in materials. Both effects can be measured, enabling piezoelectric materials to be used for both sensors and actuators.

Kansai University and Teijin have been jointly developing eco-conscious PLA piezoelectric materials for a number of years. They introduced a flexible piezoelectric film by alternately laminating poly-L-lactide (PLLA) and the optical isomer poly-D-lactide (PDLA) in 2012, PLA fiber- and carbon-fiber-based piezoelectric fabrics in 2015, piezoelectric roll for load-dependent voltage generation and attenuation in 2016, and piezoelectric kumihimo wearable sensors that detect body motions such as elongation and contraction, bending and extension, and twisting in 2017.

Posted January 16, 2018

Source: Teijin Group

BRÜCKNER: TAYAL — Textile Mega Project In Algeria

LEONBERG, Germany — January 16, 2018 — A joint venture between the state-owned Algerian companies Groupe C&H, TEXALG, SNTA and the Turkish Group TAY with more than forty years of experience in the textile area, founded to build one of the biggest textile mills of the world.

This mega project comprises several stages which will be realized within the next years. The project has far-reaching and multi-purpose aims: Algeria shall become as independent as possible of the textile imports in medium terms and this project will create a great number of jobs.

On a ground of about 2,500,000 square meters and with an investment volume of $800,000,000, several vertically structured textile plants will be built in the next years, specializing in various categories of textile end products. What is especially great is that the new company is going to have also a huge internal service and training centre for many new workers.

It was a long way before BRÜCKNER was awarded the contract for the supply, installation and commissioning of so many machines for dry finishing. The coordination team for the project was selected very carefully. The result was a highly experienced and competent crew, compiled with the aim to select the suppliers according to many different criteria and always striving for the highest standards.

First of all, the technological concept, the number and the individual specifications of the required machines had to be chosen. Many meetings and a comprehensive exchange of opinions and experiences led to an optimization of specifications. On the one hand, the machines should allow an easy operation and on the other hand they have to be able to offer many possibilities for automation, quality control and remote maintenance.

The selection of possible machine suppliers was made according to three main criteria: productivity, quality of the products and highest possible energy efficiency. In addition, the team focused on the available local service as well as on fast and flexible after sales services.

Brückner was chosen in dry finishing as best option in all the above mentioned points and could convince the coordinators with a long-lasting and reliable cooperation in the past. As family-owned and family-run company Brückner imparts trust and confidence in a faithful cooperation in future, too.

The first step of the project has been divided into a Denim, a non-Denim and a knitwear section. The machinery in question are complete, fully integrated production lines for the production of 12 million trousers, 6 million shirts and 12 million t-shirts each year. The scope of supply comprises several stenters, sanfor ranges, thermosol dyeing and highly flexible Denim finishing lines. All these machines are custom-made and are provided with many options.

The preparations to realize the next stage, which comprises the production of home textiles, are already under way.

Posted January 16, 2018

Source: Brückner

Lectra Appoints Akihiko Tanaka As Managing Director Of Lectra Japan

PARIS — January 16, 2018 — Lectra is pleased to announce the appointment of Akihiko Tanaka to the role of managing director, Lectra Japan. Based in Osaka, Akihiko Tanaka’s role is to support Lectra’s Japanese fashion & apparel and automotive customers as they undergo transformations related to Industry 4.0.

For more than 30 years, Lectra has given prestigious names in the fashion industry in the archipelago and Original Equipment Manufacturers (OEMs) the means to meet their ambitions in global markets.

“Japan’s automotive industry is one of the most important in the world:
its ecosystem radiates internationally,” said Akihiko Tanaka. “I am proud to promote Lectra’s
solutions, designed to facilitate the co-ordination of all actors in the
production chain, whether they are based in Japan, the ASEAN
countries, Europe or North America. Japan is
also a land of fashion, which benefits from an active local market and also has a strong position on the world stage. Our solutions, rooted at the heart of our customers’ transformation, enable them to respond rapidly to both the digitalization of their respective industries and to their evolving relationships with consumers.”

“Akihiko Tanaka’s international experience, and his robust knowledge of technological professions, are a major asset to reinforce our value proposition,” underlines Daniel Harari, Lectra chairman and CEO. “The major challenge facing our Japanese customers is accelerating development cycles for their products within a fast-evolving automotive market and a fashion industry on a quest for greater agility.”

Akihiko Tanaka has over 20 years of experience as a sales director in the automotive and electronic industries. From 1994 to 2000, he worked in France as sales director of Matsushita Electric Industrial (Panasonic) in charge of commercializing automation equipment to the automotive and electronic industries, and then went back to Japan in early 2000. In 2001, he joined INCS, a consulting and engineering company, to develop the footprint of a 3-D CAD offer, initially within Japanese markets, then elsewhere in Asia, and Europe. In 2005, Akihiko Tanaka joined Dassault Systèmes where he successively held the roles of Business Developer for PLM solutions, then Sales and Marketing Director for the design solution 3D CATIA, and finally as Director, academic programs.

Akihiko Tanaka has a bachelor’s degree in sociology from Hitotsubashi in Japan. He also followed the Concordia program delivered by ESCP Europe.

Posted January 16, 2018

Source: Lectra

Successful Conference Entitled “Additive Manufacturing For The Textile Industry“ Held At Karl Mayer

OBERTSHAUSEN, Germany — January 16, 2018 — The organizer of this event was the Textile Research Institute Thüringen-Vogtland e.V. (TITV), the cooperation partner was KARL MAYER. With this meeting the two innovation drivers of the textile industry have really hit the mark. “We want to create the exchange between the two worlds, namely between the additive manufacture as a young discipline of production and the textile sector as an industrial branch with a long tradition“, explained Karl Mayer Product Manager Michael Kieren, in the run-up to this event. Together with his team, he organized a programme that attracted roughly 100 specialists from different fields to Obertshausen.

The invited guests included manufacturers of textiles for the automotive, sports and medical sectors, finishing professionals and yarn manufacturers as well as experts from science and research. The interest in the meeting exceeded all expectations. “I am very surprised by the high response to our conference and by the wide range of different areas from which our guests come. Both aspects show the importance of this topic, and the significance of events of this kind“, said Arno Gärtner, Karl Mayer’s CEO, during the conference.

Dr. Uwe Möhring, managing director of TITV, also expressed his satisfaction with the course of the meeting. “I think it’s great that so many people have come , and that so many different discussions arise, especially in view of the high event density at the beginning of the year. The contributions with real topics but also the size and mix of the audience encourage a successful exchange.“

The agenda included lectures held by 3D-printer manufacturers as well as by companies that have already been working with additive manufacturing methods; they informed about their experiences with various possibilities but also about still existing limitations. Two experts presented first combinations of textile and 3D-print. Besides, a service provider in this business also took the floor: Tatcraft from Frankfurt presented with Maker Space its capacities for 3D-print, wood working, water jet cutting and other technologies to experiment and explore different possibilities without major investments.

Posted January 16, 2018

Source: Karl Mayer Textilmaschinenfabrik GmbH

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