Citi Ventures Launches Citi® University Partnerships In Innovation & Discovery

SAN FRANCISCO — January 18, 2018 — Citi Ventures today announced the launch of Citi® University Partnerships in Innovation & Discovery (CUPID), a new program that engages and embeds students from leading universities in innovation efforts across Citi. Currently, more than 80 students from 12 U.S. universities are receiving course credit for their work in semester-long projects focused on emerging technologies such as machine learning, natural language processing, and big data analytics. CUPID leverages talent from beyond business graduate programs to include individuals studying design, engineering and public policy.

“We are diligently working to create a fabric of innovation across Citi and an important part of that is interacting with a wide array of diverse and emerging talent,” said Vanessa Colella, Head of Citi Ventures and Citi’s Chief Innovation Officer. “While our employees continue to test and validate new solutions that help our clients, we want to also create a platform in partnership with leading academic institutions where new ideas can percolate. The energy and creativity of the students is palpable, and it’s been incredible to work alongside them.”

The students are matched based on their interest and skill set with internal Citi initiatives including projects within Citi’s D10Xsm program, an internal strategic growth model managed by Citi Ventures that enables employees to take new business ideas from concept to launch. Grounded in the disciplines of venture capital and Lean Startup methodology, D10X provides employees with the opportunity to discover and validate new ideas that are at least ten times better for clients and could potentially solve critical pain points. We currently have more than 200 employee founders actively working on nearly 100 internal D10X startup ideas, and over 1,500 employees have been involved in D10X since it was introduced two years ago by Citi Ventures.

“NYU Stern students are really responding to the opportunity to work on these types of real-world innovation projects, and doing so at a global bank will not only help them hone their skills in strategy and technical product development, but also expand their awareness of future career opportunities at Citi and beyond,” said Jamie Tobias, Assistant Dean, NYU Stern, who oversees the School’s Stern Solutions experiential learning projects.

Participating universities include Cornell Tech, Columbia University Business School, Georgetown University, NYU Stern School of Business, NYU Wagner Graduate School of Public Service, Parsons School of Design at The New School University, The Wharton School at the University of Pennsylvania, University of Texas at Austin and others. Citi recently expanded its collaboration with Cornell Tech, as the only financial institution at the Tata Innovation Center at Cornell Tech. The new Cornell Tech campus opened in September on Roosevelt Island in New York.

CUPID builds on existing efforts including hackathons and design sprints to create, test and prototype new ideas that have the potential to generate the best solutions for clients. Since the start of this work in early 2017, more than 200 university students from 16 different universities in the U.S, U.K and Canada have participated in some element of innovation work through CUPID. The program will continue and expand into 2018 through new partnerships with additional universities.

Posted January 19, 2018

Source: Citi Ventures

INVISTA Releases Legwear Trends Forecast for Autumn/Winter 2018-19

WILMINGTON, Del. — January 9, 2018 — INVISTA, owner of the LYCRA® brand and a leader in developing market-driven innovations for the legwear segment, presents its global legwear trends and fashion directions for Autumn/Winter 2018-19. Issued annually, this trend report is developed for the exclusive use of Lycra brand mill customers before being released to a wider audience.

The Lycra brand has once again worked with trend forecasting agency Stijlinstituut Amsterdam to predict the must-have legwear looks for the season. Each look in the fashion-forward capsule collection is made possible by the latest advances in Lycra brand fiber innovations. The legwear garments are designed with comfort, style and fit in mind, and take full advantage of the brand’s entire portfolio of fibers for socks and hosiery.

“As we develop each season’s capsule collection we pay particular attention to garment design and construction to create dynamic and versatile looks that will enhance any wardrobe,” said Sybille Bald, global segment leader, Hosiery. “Each look showcases the benefits of a fiber that has been carefully selected to meet forecasted trends and consumer needs. Whether its all-day comfort, compression, warming or cooling technology — our fibers deliver lasting performance consumers can depend on.”

The Lycra brand’s Fashion Directions have become a valuable source of inspiration that creates value for brands and retailers and presents knitters with insights that can lead to exciting new business opportunities. Here are the eight trends forecasted for Autumn/Winter 18-19:

Sheer Luck

This thigh-high plays with transparency and texture to celebrate the inherent beauty of skin. Depending on the skin tone, its slightly raised graded stripes in opaque yarn either merge subtly, or contrast sharply for a more expressive impact. Made with LYCRA® 3D technology, this hosiery offers greater comfort and enhanced freedom of movement, a uniform appearance and a softer, smoother hand. Offering an essential aesthetic, this look strips back all complications to find a sense of calm and quiet amongst all the noise.

Self Improvement

With the continued rise of athleisure, consumers are wearing activewear-inspired apparel all-day long, and opting for comfort and performance benefits over garments only offering fashion appeal. This daywear hosiery is inspired by color blocking used in activewear and is showy, organic and curvaceous in blues and blacks. This garment fits superbly and is ultra-comfortable thanks to its top made with Lycra FREEF!T® technology, which means less rollover and slip down.

Comfort Seekers

Performance features continue to be a key driver in garments that are worn close to the body like this pair of tights made with Lycra SOFT COMFORT technology. This innovation delivers exquisite comfort and superior fit, yet still stretches freely to accommodate movement for women who are constantly on the go. Drawing its inspiration from ‘70s high-heeled, over-the-knee-boots worn over opaque hosiery, this look combines these two fashion features into one stylish garment engineered to deliver lasting performance.

Perfect Hue

Known for its ability to slim and instantly make anything look more chic, black is arguably the most loved color in fashion. These vibrant tights feature Lycra BLACK technology for durable, true black color without unsightly grin-though or glitter. This intense black is the perfect base to allow other colors to pop — capitalizing on the trend of using bold patterns and colors for dramatic effect. Splashed by a shocking splat of yellow that is fully engineered into the garment, this fun hosiery also contains many functional benefits that will appeal to consumers. THERMOLITE® technology is engineered to help keep the wearer warm and dry, while Lycra LEG CARE technology provides graduated compression to help energize tired legs.

Make It Mine

This look celebrates body adornment from ethnic-inspired folk motifs and abstract patterns, to contemporary sports accents. The foundation is the skin, or in this case, the hosiery, which acts as a canvas for decorative embellishment as seen in body painting or tattoo art. The hosiery gives the illusion of perfectly even skin tones thanks to Lycra LIVING LIGHTS technology, which also delivers more saturated fashion colors. This rhythmic herringbone pattern is printed onto semi-sheer hosiery in a dynamic, linear pattern that confuses the eye and creates the effect of a fast-moving animated blur due to translucence and layered graphics. This hosiery also provides smoothing and shaping properties thanks to Lycra BEAUTY technology.

Considerate Consumer

This trend is aimed at a more mindful consumer who considers sustainability when deciding which garment to buy. They have turned their back on fast fashion to focus on slow fashion, which is better for the planet and features more timeless and longer lasting aesthetics. These ultra-soft socks have a laid-back appeal—relaxed in look as well as in wear. They also keep feet cool, dry and comfortable thanks to COOLMAX® EcoMade technology. This unique innovation is made from 97-percent recycled resources including plastic bottles. This means consumers can enjoy a clear conscience and lasting performance.

Flex Denim

Still tapping into the athleisure trend, a new wave of ‘comfort casuals’ is flooding the high street. Sportswear brands are marrying comfort, performance and fashion-forward looks that emphasize form-fitting, but non-constricting materials. These seamless denim leggings made with Lycra HYBRID technology feature multidirectional stretch and are as comfortable as track pants, as fashionable as traditional jeans, and as versatile as hosiery. The worn-and-torn look at the knees of these leggings is obtained by an openwork knit effect that is engineered to stand up to repeated washing and wearing. These breathable leggings also move moisture away from the body to the fabric’s surface where it dries quickly to enhance wearer comfort.

Serious Sports

Designed for serious athletes, these knee-highs are all about delivering hard-core performance and taking the game — any game — to the next level. For sportswear brands that want to attract a more dedicated demographic, create socks using Lycra ENERGIZE™ brand. Its graduated compression supports muscles and improves blood circulation. Supporting, compact knit effects are engineered onto a silver-sheen background. Graphic armour-like patterns map out the leg’s anatomy, showing strips and bands framing raised striped areas. The curved cuff is soft and cushioned for added comfort.

Posted January 19, 2018

Source: Invista

The Association for Advancing Automation (A3) Announces New Hires And Promotions

ANN ARBOR, Mich. — January 10, 2018 — The Association for Advancing Automation (A3), the leading global advocate for the benefits of automating, has hired Robert Huschka as its director of education strategies, a new position within the organization. The association also announced the hiring of Rachel Kristensen in a new sales manager position, along with the promotions of Bob Doyle and Alex Shikany to vice president – RIA & A3 Mexico, and vice president – AIA, respectively.

Robert Huschka – Director of Education Strategies

With more than 25 years in journalism and proven leadership in audience growth, community building, and content strategy, Huschka brings expertise in communicating new, and often complex ideas to vast audiences. An expert at nurturing close-knit teams in a high-pressure, disrupted industry, Huschka spent 18 years in a variety of leadership roles at the Detroit Free Press. Most recently, he led the Free Press’ newsroom as its executive editor.

Huschka will lead the development of A3’s educational programs and goals. He’ll identify technology trends to integrate into A3’s offerings, while building a network of industry experts and education leaders.

“As the leading automation trade group, we are proud that A3 members not only have come to rely on us for events and networking opportunities, but also to engage with us to learn about business opportunities, trends and new technologies,” said Jeff Burnstein, president of A3. “These activities are key to the success of our member companies, which makes it essential that the right person lead our educational programs. Robert’s expertise in creating training programs, his focus on audience growth, and his proven track record in creating, growing, and managing new events makes him the perfect director of education strategies for A3.”

“As someone who has covered manufacturing in Michigan for many years, I have always been impressed by how A3 engages its members — through events, white papers, research reports, and networking meetings,” Huschka said. “I’m excited to join a team that plays such a key role in an industry experiencing amazing growth.”

Rachel Kristensen – Sales Manager

To sustain A3’s growth, a new sales manager position was created and filled by Rachel Kristensen. She has worked in higher education for fourteen years and brings with her experience gained at both Henry Ford College and Ferris State University. Most recently, Rachel worked as a Recruitment Specialist, forging partnerships with area high schools, universities and community organizations to increase overall enrollment. Some of her previous roles include Academic Advisor; Coordinator, Southeast Michigan Programs; Program Manager; and Enrollment Services Manager.

Bob Doyle – Vice President – RIA & A3 Mexico

Bob Doyle joined A3 in 2013 as director of communications, taking responsibility for all comprehensive communications efforts for A3 along with helping to launch the A3 brand. Doyle’s role has evolved to running the day to day operations of the Robotic Industries Association (RIA), leading to his promotion to vice president. He also played a lead role in launching the association’s A3 Mexico operations.

Alex Shikany – Vice President – AIA

Joining A3 in 2012 as director of market analysis, Alex Shikany researches and reports statistics for the global robotics, machine vision, and motion control markets for A3. Shikany’s role has progressed to managing the day to day operations of AIA, and now takes responsibility for the association as vice president. Shikany also develops market opportunity studies and white papers for the automation industry on key issues such as the impact of robots on employment, and the emergence of collaborative robotics.

“A3 is now 21 staff members strong, serving the needs of our member companies located across the U.S., North America and around the world,” stated Burnstein. “We’re happy to welcome Robert and Rachel, and promote Bob and Alex into their expanded roles. This is an exciting time for A3. As the membership of our associations grows and the services we provide expand, our staff and capabilities must grow in order to continue supporting the industries we represent.”

Posted January 19, 2018

Source: Association for Advancing Automation

NIKE Announces Dirk-Jan van Hameren As New Vice President, Chief Marketing Officer; Greg Hoffman As Vice President, Global Brand Creative & Marketing Innovation

BEAVERTON, Ore. — January 18, 2018 — NIKE Inc. today announced Dirk-Jan “DJ” van Hameren has been promoted to vice president, Chief Marketing Officer, effective immediately. In this role, van Hameren will lead Nike’s Global Marketing organization to authentically connect with every consumer who interacts with the Nike brand and deepen relationships with them.

Van Hameren will succeed Greg Hoffman, who has been appointed vice president, Global Brand Creative & Marketing Innovation, responsible for leading Brand Communications, Brand Design, Advanced Concepts and Digital Marketing Innovation, as well as Global Brand Imaging, Events Marketing and Creative Operations.

Van Hameren, a 25-year veteran of Nike, most recently served as vice president, general manager of Nike Sportswear, a role in which he and his team led a complete offense against Nike’s Sportswear business, driving strong consumer connections through iconic styles like Air Max and Air Force 1, and innovations like Tech Fleece apparel. They added more than $3 billion in revenue under his leadership.

His prior roles included vice president, Brand Management for Western Europe; GM, Nike ID; Global Brand Initiatives Director, and Director of Brand Events.

Prior to joining Nike, van Hameren graduated from Utrecht Business School with a Bachelor’s degree in Business Management. He will report to Trevor Edwards, President of the NIKE Brand.

With more than 20 years of experience at Nike, Hoffman will focus in his new role on creative storytelling, brand design and experiences that drive separation and distinction in the marketplace. Hoffman will report to van Hameren.

Posted January 19, 2018

Source: Nike Inc.

Robots Need Not Apply: New ManpowerGroup Research Finds Human Strengths Are The Solution To The Skills Revolution

MILWAUKEE — January 19, 2018 — Developing the best blend of technical skills and soft skills is the solution to the Skills Revolution for individuals and employers alike. As technology transforms organizations, skills needs are changing rapidly and companies are struggling to find the talent they need. ManpowerGroup’s report — Robots Need Not Apply: Human Solutions in the Skills Revolution — surveyed 20,000 employers across 42 countries on the impact of automation on headcount, the functions most impacted and the soft skills that are both of greatest value and hardest to find. The report finds that as companies go digital, in the near-term most will need more people, not fewer.

Eighty six percent of employers globally say their headcount will increase or remain flat in the next two years because of automation. Looking inside organizations, the impact varies by function: IT comes out on top as organizations invest in digital skills and Frontline & Customer-Facing functions follow close behind. In contrast, Administrative and Office functions expect the greatest decrease in headcount as a result of automation.

Overall, the rise in consumerism and the value companies now place on customer service is increasingly evident in the digital world and human strengths are more valued than ever before. More than half of companies surveyed say communication skills, written and verbal, are their most valued soft skill followed by collaboration and problem solving.

“Digitization is happening at an unprecedented pace and every industry and function will be impacted,” said Jonas Prising, ManpowerGroup chairman & CEO. “This is good news for people — providing they have the right skills mix to augment rather than compete with technology. As employers, we need to identify skills adjacencies that create clear career paths for people, from this job to that job, and we must develop faster reskilling programs with shorter bursts of on-the-job, experiential training. We’re partnering with other employers to do just that.  We’re reskilling under-employed textile-workers to work with high-tech materials like carbon fiber in Italy for the world’s most advanced motorsport manufacturers, and we’re upskilling military veterans in digital manufacturing in the U.S. Helping people upskill and future-proof themselves will be the defining challenge of our time. Identifying in-demand skills and providing access to employment is the solution for all of us in the Skills Revolution.”

The best blend of high-tech and high-touch will be the combination of core human strengths with technical and digital know-how. Robots Need Not Apply: Human Solutions in the Skills Revolution offers practical recommendations to help employers adjust their workforce strategy to prepare for digital transformation.

Posted January 19, 2018

Source: ManpowerGroup

Oerlikon Secures Two Major Contracts Worth More Than Half A Billion Swiss Francs For Manmade Fibers Solutions

PFÄFFIKON, SCHWYZ, Switzerland — January 19, 2018 — Oerlikon has been awarded two large orders from two of the top 10 global man-made fiber manufacturers. Both companies are located in China. The orders include Oerlikon Barmag’s yarn spinning technology for efficient and sustainable polyester production. The two contracts have a total value of approximately 540 million Swiss francs (U.S.$562 million), and the solutions will be delivered in 2019 and 2020.

Innovative technologies from the Oerlikon competence brand, Oerlikon Barmag, will enable both companies in China to upgrade their existing yarn manufacturing capacities for the production of polyester. Oerlikon’s comprehensive manmade fibers technologies, including the latest spinning and winding technologies introduced over the past two years, will be used along the polyester production value chain. The WINGS POY and WINGS FDY equipment will be delivered in phases over a two-year period, with the initial delivery scheduled in 2019. Order intake for both contracts will be recognized in 2018 and 2019. Both projects will be installed at the customers’ sites in the Zhejiang province in China.

“These orders confirm the strong recovery in the filament equipment market and the continued trust our market-leading customers have in us and our technologies,” said Dr. Roland Fischer, CEO of Oerlikon Group. “Given the size of these contracts and Oerlikon’s strong manmade fibers project pipeline, we expect the Segment’s business to continue developing well and the mid-term prospects to remain positive, with the opportunity to structurally converge the Segment’s business toward mid-teens EBITDA margin again.”

Posted January 19, 2018

Source: Oerlikon

Epson and CIT Partner To Provide Streamlined Financing Options For Commercial And Digital Print Customers

LONG BEACH, Calif./PORTSMOUTH, N.H. — January 19, 2018 — Epson America, a global printing technology supplier, and CIT Direct Capital, the national digital small business lending unit of CIT Group, today announced a partnership to offer financing for commercial and digital print customers. This partnership will allow CIT Direct Capital to provide Epson dealers, channel partners, resellers, and customers a primary source of financing through a single point of contact. This will simplify Epson’s financing process by streamlining communication between equipment manufacturers, dealers and funding sources, creating a more straightforward customer experience.

The Imprinted Sportswear Show (ISS) Long Beach, marks the commencement of an Epson and CIT Direct Capital leasing program. Both Epson (booth #1949) and CIT Direct Capital (booth #2530) will be exhibiting at ISS Long Beach from January 19-21, 2018.

“CIT is pleased to provide Epson dealers with a single online finance solution that enhances the customer experience,” said Mark Boyer, vice president of business development, CIT Direct Capital. “By maximizing efficiency and providing greater transparency on transactions, dealers can focus more attention on their clients and business objectives.”

The partnership allows Epson dealers the capability to provide a uniform online finance option through CIT Direct Capital, delivering better insight into the sales pipeline and increased transparency on transactions. Financing through CIT Direct Capital is a tech-enabled process, allowing customers to apply online in minutes and often get approvals within seconds. This approach makes it easy for customers to determine product availability and cash flow, freeing them to focus on daily tasks and meeting client needs.

“Epson strives to provide our customers with every avenue to success and provide support on all aspects of the purchase, from selecting the equipment, purchasing, maintenance, and warranty,” said Mark Mathews, vice president, Epson America. “Partnering with CIT Direct Capital provides the ability for Epson to offer a variety of acquisition methods to our customers, ensuring they can select the method that best fits their financial and business needs.”

Posted January 19, 2018

Source: Epson America

Robert Woodruff Joins Velcro Companies As CFO

BOSTON, Mass.— January 19, 2018 — Velcro Companies today announced that Robert W. Woodruff has joined the company as CFO.  He will lead the global finance function as well as group human resources and information technology.

Woodruff will work closely with the regional presidents and other members of the Velcro Companies leadership team to sharpen customer focus, improve operating efficiencies, develop and commercialize new products, and identify strategic investments to propel growth.

Fraser Cameron, president and CEO of Velcro Companies, said: “Bob is an exceptionally capable financial and business leader with deep experience in developing a world-class finance function that can support a growing global business. His two decades of experience at Nike, where he ultimately served as CFO for its Converse brand, brings us valuable insights about creating a dominant global brand across multiple categories and reflects the scale of our ambitions. Importantly, Bob has an engaging personal style and a hands-on approach to building great teams, mentoring colleagues and partnering with business managers.”

Woodruff has more than 25 years of experience in senior finance roles and was most recently CFO for Alex and Ani, a privately held jewelry company based in Rhode Island.  Prior to that he served in a variety of finance and strategy roles over a 20-year career at Nike. He was CFO of Nike’s Affiliate Brands business, including Cole Haan, Umbro, Bauer Hockey, Hurley, and Converse. In 2012, he was named CFO of the Converse business, helping to grow it to more than $3 billion in revenue. Earlier in his career, Woodruff held various corporate finance roles at RJR Nabisco.

Woodruff is a graduate of Iona College in New Rochelle, New York, where he played varsity ice hockey.

Posted January 19, 2018

Source: Velcro Companies

Anellotech Announces First $9 Million of Total $15 Million Additional Investment to Advance Suntory’s Environmental Vision

PEARL RIVER, N.Y. — January 18, 2018 — Anellotech, a sustainable technology company pioneering the production of cost-competitive renewable chemicals and fuels from non-food biomass, today announced that Japan-based Suntory Holdings Ltd., a consumer beverage company, has invested an additional $9 million in Anellotech’s Bio-TCat technology. This latest tranche, which is part of a new $15 million package based on Anellotech achieving specific milestones, brings Suntory’s total investment in Anellotech to more than $25 million to date.

Anellotech’s Bio-TCat Process will produce cost-competitive renewable aromatic chemicals — benzene, toluene and xylenes (BTX) — from non-food biomass for use in manufacturing plastics such as polyester, nylon, polycarbonate, polystyrene, or for renewable transportation fuels. Anellotech recently announced the completion of the commissioning of its 25-meter-tall TCat-8 pilot plant, and has commenced the critical development program to validate process economics and obtain necessary data for commercial plant design.

The alliance with Suntory, one of Anellotech’s principal strategic investment partners, began in 2012 with the goal of enabling the development and commercialization of cost-competitive 100 percent bio-based plastics for use in beverage bottles. Suntory currently uses 30 percent plant-derived materials for its Mineral Water Suntory Tennensui brands and is pursuing the development of a 100 percent bio-based PET bottle through this alliance, as part of its commitment to sustainable business practices.

“We have made significant progress achieving key milestones in commissioning the TCat-8 pilot plant, and are now ready to begin the next stage of the development program including the production of prototype test samples of renewable bio-chemicals for ultimate conversion to bio-based plastics,” said David Sudolsky, president and CEO of Anellotech. “Suntory is a leader in its commitment to environmental sustainability. With its continued investment in Anellotech’s technology, and together with our development partners, we will demonstrate a scalable and cost-effective route to bio-paraxylene production. Our innovative technology will advance the development and commercialization of the world’s first cost-competitive bio-based aromatics production for bio-plastics for consumer products.”

In 2014, the Suntory Group established its Environmental Vision toward 2050 and set targets toward 2020 to provide clear direction to its environmental management based on its corporate tagline “Follow Your Nature.” Suntory is committed to promoting innovative technology solutions to reduce environmental impact through the entire value chain in accordance with its mission – To Create Harmony with People and Nature. Suntory’s Environmental Vision will take on the following challenges toward 2050:

  • Preserving and regenerating the natural environment in Suntory’s major business countries; and
  • Halving the environmental impact generated by Suntory’s business activities by 2050 in such areas as water consumption at company plants, and CO2 emission throughout the entire value chain.

Suntory Group recognizes the social and environmental impacts that containers and packaging cause and considers the environment in the entire product life cycle — from planning and product design to transport and post-consumption recycling. The company has implemented a wide range of initiatives focused on dramatically decreasing the amount of resources that it uses and is actively introducing renewable resources as a measure to limit its environmental impact as much as possible. For plastic bottle containers, Suntory Group aims to replace petroleum-derived raw materials with renewable raw materials as much as possible.

“We are very pleased to play an important role in helping Suntory advance its environmental vision as the Bio-TCat technology will help enable Suntory to reduce its use of petroleum-derived packaging and reduce its carbon footprint,” added Sudolsky. “Anellotech anticipates that the Bio-TCat Process can produce renewably-sourced aromatic chemicals with significant reduction in greenhouse gas emissions compared to their identical petroleum-derived counterparts, helping brand owners and others achieve their corporate environmental sustainability goals.”

Sudolsky concluded, “Anellotech’s technology has end use applications for a range of consumer products, including clothing/textiles, food and beverage packaging, automobiles, adhesives, coatings, consumer electronics, detergents and tires. We look forward to partnering with innovative consumer product companies and brand owners that are seeking first mover advantage with a renewable technology that offers unique and compelling environmental and cost benefits, especially for benzene-chain bio-plastics which are complementary to Suntory’s interest in p-xylene.”

Posted January 19, 2018

Source: Anellotech

Culp Home Fashions Introduces New Line Of Bedding Accessories

HIGH POINT, N.C.  — January 18, 2018 — Mattress ticking company Culp Home Fashions, a division of Culp Inc., announced today it has entered the bedding accessories category, including mattress pads and protectors. This new product line is being offered under the brand name “Comfort Supply Company by Culp.”  The company is debuting its initial offerings at the upcoming 2018 Las Vegas Market being held January 28 to February 1, 2018, in showroom B-1028.

With its expansive vertical platform, Culp Home Fashions offers a speed-to-market alternative going directly to bedding accessory retailers that is unlike anything else available on the market. Comfort Supply Company by Culp will include both Made in USA finished products, as well as globally sourced items produced through Culp’s expansive global platform.  All products will be manufactured at Culp Home Fashions’ facilities.

“Comfort Supply Company by Culp will introduce a highly stylized, design-driven element to products in this category,” said Iv Culp, president of Culp Home Fashions.  “Many of our products will offer special features, bringing exclusive benefits to the bedding accessories category.”

Home textiles professional, Kyle Borreggine, recently joined Culp Home Fashions and will lead the company’s foray into the bedding accessories market.

Borreggine commented, “The potential of what we can bring to the market is unique, and I am excited to be a part of this opportunity.”

“We are pleased to have someone with Kyle’s experience, enthusiasm, and knowledge of the category lead the charge for us,” said Michael Cottonaro, senior vice president of sales and marketing for Culp Home Fashions.

Posted January 19, 2018

Source: Culp Home Fashions

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