KSCA | Investment Banking Represents Paul Fredrick In Its Sale To Clearlight Partners

ATLANTA — January 2, 2018 — KSCA | Investment Banking represented Paul Fredrick MenStyle in its December 2017 sale to ClearLight Partners. Paul Fredrick MenStyle, Inc., founded in 1986 and headquartered in Fleetwood, PA, is a leading designer and direct-to-consumer retailer of men’s apparel and related accessories. Paul Fredrick sells merchandise direct-to-consumers through its catalogs and website. ClearLight Partners, headquartered in Newport Beach, CA, is a leading middle-market private equity firm specializing in acquisitions and growth capital investments.

KSCA | Investment Banking (www.ksca.com) served as the exclusive financial advisor to Paul Fredrick in this sale transaction. KSCA is a leading industry-focused Mergers & Acquisitions advisory firm, having represented over 100 companies. Gary Catherman and Jon Harkey led the KSCA transaction team advising Paul Fredrick.

Posted January 2, 2018

Source: KSCA | Investment Banking

Nordstrom To Begin Hiring Employees For New NYC Men’s Store

SEATTLE — January 2, 2018 — Fashion retailer Nordstrom Inc. will hire 250 employees for its first stand-alone Men’s Store in Manhattan, which will open on Broadway between West 57th and West 58th Streets in April 2018. The company will also open a New York City flagship store in 2019 at the base of Central Park Tower, an Extell Development Company Project. Sales and support positions will be posted on Wednesday, January 3 and interested applicants are invited to apply for jobs online at careers.nordstrom.com. The retailer also announced Cailin Caro, as store manager of the NYC Men’s Store, and company veteran Chris Wanlass, as vice president of its Manhattan full-line stores.

“This is an exciting and historic time to be a part of Nordstrom as we prepare to open our first full-line store in one of the best retail cities in the world,” said Caro. “We’re building an empowered team of people focused on service and providing customers with an elevated experience that reflects the best of what we have to offer.”

Sales positions are available in all areas, including men’s apparel, designer, furnishings, shoes and grooming. Hiring will also take place for various support positions in building services, housekeeping, loss prevention, as well as jobs in the store’s food offerings. Nordstrom offers employees a competitive benefits package including a retail discount, medical coverage, 401(k), commuter benefits (up to $100 a month towards transit elections) and paid parental leave. New hires will participate in extensive product-knowledge seminars, selling immersion and a day of shadowing at one of the neighboring full-line stores.

To promote the start of employee hiring, the retailer wrapped the exterior of its Men’s Store with larger-than-life ‘help wanted’ banners incorporating witty job descriptions like “Desperately Seeking Sock Svengali,” “Now Hiring: Sneaker Obsessives,” and “People People Wanted.” The recruiting campaign also includes digital and social media placements.

“Nordstrom is a great place to build your career, something I’ve been fortunate to have experienced firsthand over the course of my 25 years with the company,” said Wanlass. Adding that he and Caro are “committed to creating an environment that fosters career development and growth opportunities, not only within our Manhattan stores, but the company as a whole.”

Wanlass began his career in 1992 as a stockperson at Nordstrom Fashion Place in Salt Lake City, Utah. He relocated to Atlanta in 1997 to open the company’s first store in the southern U.S. at Perimeter Mall as a department manager. In 1999, Wanlass made the move to Seattle, where he worked as an assistant buyer and then buyer in the men’s division. Relocating again in 2003, he accepted a new challenge as the Assistant Store Manager of the Downtown San Francisco store. Over the past 10 years, Wanlass has been the store manager at Stonestown (San Francisco), The Westchester (White Plains, N.Y.), Arden Fair (Sacramento, Calif.), Bellevue Square (Bellevue, Wash.), and most recently Pacific Centre (Vancouver, B.C.).

Caro joined the company as a seasonal salesperson in Lingerie in 2006 at the Nordstrom Downtown Seattle flagship store, and then went on to hold various store and regional management positions in the Lingerie division in Oregon, California and Washington D.C. In 2012, she became store manager of the Nordstrom Rack Towson in Baltimore, and later served as the store manager at Nordstrom Rack Union Square. Most recently Caro was store manager of The Westchester full-line store in White Plains, N.Y.

Nordstrom has been recognized as an employer of choice by Fortune’s 100 Best Companies to Work For (for 20 consecutive years); Human Rights Campaign’s Best Places to Work for LBGT Equality (for 13 consecutive years); Forbes’ Best Employers for Diversity 2017; and Business of Fashion’s The Best Companies to Work For in Fashion 2017.

Posted January 2, 2018

Source: Nordstrom

Barco Uniforms Raises The Bar On Fashionable, High Performance Scrubs With Its New Skechers By Barco Collection

LOS ANGELES — January 2, 2018 — Barco™ Uniforms today announced it has partnered with lifestyle and work footwear brand Skechers USA Inc. for the global launch of a new innovative scrub collection — Skechers by Barco — designed to offer fashion and high performance to healthcare professionals. Barco Uniforms is a recognized leader in purposeful design innovation in the premium professional apparel industry, and is best known for its globally popular Grey’s Anatomy scrub brand.

“Skechers by Barco represents the next evolution of scrubs, not only for Barco Uniforms, but for the healthcare profession,” said David Murphy, CEO and president of Barco Uniforms. “Together with Skechers, we developed a lifestyle brand that delivers fashion, exceptional quality and fit, at a price point that is accessible to virtually every healthcare professional.”

The collaboration is Barco Uniforms’ first with Skechers. The footwear company recently expanded its offering to include a Skechers Heath Care Pro slip-resistant collection for medical professionals.

“This modern apparel collection that we’ve developed with Barco complements our ongoing mission to offer stylish, comfortable and technically innovative products for the healthcare industry,” said Michael Greenberg, president of Skechers. “Doctors, nurses and medical professionals have come to know and love Skechers for our workplace footwear and we expect to leverage that familiarity into the apparel arena. We’re thrilled to partner with an esteemed brand like Barco Uniforms for this collection.”

Reflecting Barco Uniforms’ proven excellence in the healthcare industry and Skechers’ famed comfort technology, Skechers by Barco features an eco-friendly fabric with four-way Spandex stretch to enhance performance as well as the company’s unique soil release and moisture-wicking fabrics. These help professionals perform at their highest level in comfort and style. The Skechers by Barco collection is available globally through Barco Uniforms’ network of retailers.

The Skechers by Barco collection includes a selection of fashion-forward pants, tops, and warm-up jackets for men and women in nine core colors that align with hospital and medical group programs. These include black, navy, pewter, new royal, ciel, white, wine, bahama, and teal. In addition, the new collection features two breathtaking fashion colors for women, cherry pie and sunny lime. Every piece in the Skechers by Barco collection can be washed and dried easily at home so it is ready to wear when needed.

“At Barco Uniforms everything we do centers around making the healthcare professional’s work and lifestyle a bit easier,” Murphy added. “We understand the challenges these professionals face every day and the demands put on their uniforms.  That’s why we are committed to making scrubs that perform at the highest level, like Skechers by Barco, a collection that is as comfortable and functional as it is stylish and affordable.”

Posted January 2, 2018

Source: Barco Uniforms

Gina Group Launches K-Swiss Legwear Collection

NEW YORK CITY — December 28, 2017 — Gina Group, a privately held New York City-based accessory and footwear company, is presenting their inaugural K-Swiss sock collection during the upcoming market week beginning January 8.

“We are excited to incorporate the K-swiss brand into our current brand portfolio,” said Jack J. Gindi Vice President of Gina Group.

Gina Group’s current mix of brands extends across multiple categories including hosiery, footwear, handbags, intimate apparel, and fashion accessories. Brands include well recognized labels such as Bebe, Steve Madden, Halston, Betsey Johnson, Laundry by Shelli Segal, Rampage, Slazenger, Cosmopolitan, Ellen Tracy, among several others.

“K-Swiss is a unique heritage American sneaker brand with a footprint in both an active and fashion lifestyle,” Gindi said.

The collection was developed under the direction of Jen Green, design director at Gina. “There is a current trend bringing back retro, nostalgic 90’s brands so we are very excited to partner with K-Swiss. Our collection will include core athletic products as well as lifestyle socks defined by the classic K-Swiss heritage,” says Green.

K-Swiss is based in Los Angeles under the direction of president Barney Waters, who helped facilitate this deal. “As our footwear business is experiencing strong growth, it’s a good time to add brand extensions.  For the legwear category, Gina Group is the perfect partner, and we’re very confident in their expertise and experience.”

“The initial response to the brand acquisition has been overwhelmingly positive. K-Swiss is making a comeback and we strongly believe in Barney and his team at K-Swiss,” Gindi said.

Posted December 29, 2017

Source: Gina Group

China Xiniya Fashion Announces Listing Approval By NYSE American

XIAMEN, China — December 28, 2017 — China Xiniya Fashion Ltd., announced today that it has received approval from NYSE American LLC to list its American Depositary Share (ADS) on the NYSE American. The approval for the listing application was received on December 27, 2017.

The Company expects that its ADS will begin trading on the NYSE American on December 29, 2017, under its current symbol “XNY.” In addition, as previously announced the Company announced intends to effect a ratio change of its ADS whereby each ADS will represent forty-eight ordinary shares, par value $0.00005 per share of the company rather than the current sixteen Shares represented before such amendment. The effective date of the Ratio Change is expected to be on December 28, 2017.

In connection with Ratio Change, holders of ADSs will be required to surrender their ADSs for exchange into ADSs reflecting the Ratio Change. The Depositary will notify registered holders of ADRs of the process for such exchange. As a result of the Ratio Change, the ADS price will initially automatically increase proportionally. The company can give no assurance, however, that the post-Ratio Change ADS price (on an underlying Share basis) will be equal to or greater than the pre-Ratio Change ADS price (on an underlying Share basis).

Posted December 28, 2017

Source: China Xiniya Fashion

AIS Gauging Introduces Its Gemini FWM: Non-Traversing Array Web Inspection And Thickness Or Weight Measurement System

TERRE HAUTE, Ind. — December 26, 2017 — AIS Gauging announces its new Gemini Full Width Measurement system for the web industries. The Gemini FWM system brings a completely new measurement approach that gives an entirely new perspective to product quality. This unique non-traversing x-ray array measurement system combines web inspection and web gauging into a single platform for full-width, instantaneous, 100-percent product inspection and measurement without electromechanical scanners that sample just a fraction of the total product. The Gemini system starts measuring at the product’s surface and continues through the entire material to construct and analyze a complete picture of quality.

The system is a non-scanning, non-contact, full-width measurement array platform utilizing multiple x-ray sources and receivers. Gemini’s x-ray technology is able to immediately detect, display and report non-visible defects that are embedded within the product using high-speed, continuous measurement that can detect defects down to <1 millimeter.

The system includes intuitive quality maps that show data in a video format, including 3-D analysis software, so that defects both on the surface and within the product can be quickly identified for later removal. Real-time displays and alarms show defect sizes and their location for easy downstream removal. Defect information is captured, categorized and saved locally and can be exported and archived for further analysis.

With instantaneous thickness or weight measurement, the Gemini FWM system offers the ultimate in high-speed quality visibility without data filtering or measurement delays as experienced with conventional scanning equipment. Gemini’s instantaneous true weight or thickness measurement is processed with ultra-fast high-resolution, to provide a “never-seen-before” insight into quality. This level of performance brings a new dimension to web product measurement and advanced control capability. Current applications include fiberglass insulation, rubber tires and TPO roofing with more to follow.

AIS Gauging is a recognized industry leader in web gauging technologies, providing its customers with the most advanced, precise quality measurements for thickness, coat weight, basis weight, moisture and web inspection.

Posted December 27, 2017

Source: AIS Gauging

Cotton Incorporated’s Professional Curriculum Expands With Focus On Technical Textiles

CARY, N.C. — December 20, 2017 — Cotton Incorporated, the research and promotion company for U.S. cotton producers and importers, expands offerings on its Cotton University™ platform with four new courses in the College of Nonwovens section. Cotton University™ is an online resource aimed at supporting today’s industry professionals, while nurturing the next generation through education and engagement.

“The ‘Introduction to Nonwovens’ lectures received more than 2,600 page views in the past year, teaching viewers about unique nonwoven materials, applications and cotton’s ever-growing role in this market,” said Jan O’Regan, director of nonwovens marketing for Cotton Incorporated. “Today, we expand the content offerings of technical videos paired with exclusive interviews from industry experts, including Dr. Behnam Pourdeyhimi.”

New courses for the College of Nonwovens are:

  • Raw Materials Used in Nonwovens — Reviews the various materials used in the nonwovens market including how they affect processing, fabric properties, and end use applications.
  • Nonwoven Materials & Structures: Fiber Orientation and Basis Weight — addresses the unique structural aspects of nonwovens beginning with fiber orientation and basis weight. Including, how they affect material strength, permeability and uniformity.
  • Nonwoven Materials & Structures: Fiber Shape and Size — explores fiber geometry in terms of fiber fineness, cross-sectional shape, crimp, and fiber length. Also, the impact they have on properties such as softness, absorbency, and filtration ability.
  • Nonwoven Materials & Structures: Bicomponent Fibers and Pore Structures — provides a look into various types of bicomponent fibers and how they are tied to characteristics such as pore structures which affect fluid management. This course demonstrates how this is an important factor for many applications including filtration, diapers, and wipes.

“Cotton Incorporated’s education series is an invaluable resource, whether you’re a newcomer or industry veteran across the nonwovens supply chain,” explained Pourdeyhimi, founding executive director of The Nonwovens Institute at North Carolina State University. “The series offers an instructive overview and a view of lab testing in action to understand why we study nonwovens — in less than 30 minutes.”

The College of Nonwovens courses debuted in 2016 providing an overview of the industry. A nonwoven is a sheet or web structure bonded together by entangling fibers or filaments by machine, heat or chemical. A variety of raw materials including natural fibers such as cotton are used to engineer specific performance characteristics such as wipes, diapers, feminine hygiene and adult incontinence products.

Posted December 27, 2017

Source: Cotton Incorporated

American Textile Co. Hires Carlo Morgano

DUQUESNE, Pa. — December 26, 2017 — Pittsburgh-based American Textile Co., a provider of sleep solutions since 1925, today announced the addition of Carlo Morgano as senior vice president of Information Technology. The new role was created in part to support American Textile’s growing supply chain and rapidly expanding e-commerce business, which has seen nearly 50 percent year-over-year growth.

The company credits its AllerEase allergen-barrier bedding for much of the increase, along with new technology to meet same-day shipping demands from its manufacturing and distribution centers. American Textile will ship millions of pillows and other bedding items by the end of this holiday season.

“Shipping orders within 24-hours is key for all our retailers, and a critical expectation of the end consumer, and we deliver this business value through innovative technology,” said Morgano. “When we see particular items driving growth, we’re able to scale manufacturing and distribution rapidly.”

In the new role, Morgano oversees American Textile’s worldwide investment in technology, advancing the company’s information technology strategy to complement its growth. He brings a proven track record of strategic IT leadership, with significant achievements leveraging technology to create business value. Morgano will report to American Textile President and CEO Lance Ruttenberg.

Morgano comes to American Textile Company from CIO Ventures, where he consulted with local technology incubators and venture capital firms, in addition to advising start-ups in various industries including cybersecurity, transportation, legal, and social media. Prior to partnering with the start-up community, Morgano led IT at EQT Corp. and consulted for Fortune 1000 clients at Andersen and Protiviti.

Morgano serves on the board of the Mentoring Partnership of Southwest Pennsylvania and the board of trustees of the Homeless Children’s Education Fund. He holds a Master’s Degree in Business Administration and a Master of Science in Management Information Systems from Duquesne University and a Bachelor of Arts from the University of Pittsburgh.

Posted December 27, 2017

Source: American Textile Co.

While Iron’s Hot, TRSA Members To Advance Advocacy Agenda In DC In March

ALEXANDRIA, Va. — December 22, 2017 — With mid-term federal elections on the horizon, it’s an especially important time for members of Congress to demonstrate to their constituents their leadership skills and levelheadedness. Linen, uniform and facility services industry executives will help by giving them ideas for keeping the economy and nation strong when TRSA’s conducts its 8th Annual Leadership and Legislative Conference in the nation’s capital March 21-22, 2018.

In the days leading up to this event, TRSA staff will organize and schedule visits to congressional offices by small groups of conference attendees. They will inform incumbents seeking re-election and other members of Congress about tax, environment, labor and other issues that the industry shares with many other types of businesses. Conference attendees will urge representatives to emphasize these matters in their campaigns to improve their chances for re-election.

Your participation in this TRSA members-only conference enables you to practice your own leadership skills as well by attending TRSA committee meetings, which prompt TRSA to act on the operational and management issues that benefit you most. You’ll relate to other industry operators’ perspectives and collaborate on industrywide best practices.

Participation in the conference delivers immediate and long-term personal, professional and civic benefits. Speaking out in TRSA committee and Hill Day meetings on Thursday, March 22, improves your team’s skills as educators and company representatives. In both leadership and legislative sessions, you share your professional expertise and experience to improve others’ understanding of the industry.

Guiding you in these endeavors will be Commander Kirk Lippold, the conference keynoter, who will describe his five pillars of leadership and share his experience in making time-critical decisions under pressure with integrity. Commander Lippold, U.S. Navy (retired), was in command of the USS Cole when attacked by al Qaeda in 2000.

Committee discussions will enhance TRSA’s core services:

  • Professional development programs;
  • Research projects;
  • Certification standards;
  • Publications, videos and webinars; and
  • Industry customer outreach.

Multiple executives and management from the same member operator (launderer) company may join different committees. Each of the following committees will meet at the conference to guide TRSA’s Board of Directors in offering TRSA services related to their committee missions:

  • Education;
  • Environmental & Sustainability;
  • Food & Beverage;
  • Government Affairs;
  • Healthcare;
  • Hospitality;
  • Human Resources;
  • Industrial/Uniform;
  • Marketing/PR;
  • Safety; and
  • Women in Textile Services.

Attendees will also see the presentation of TRSA’s highest honors for individuals and companies at a dinner on Wednesday evening, March 21. These will include Lifetime Achievement Awards to:

  • The late Ronald Croatti, CEO of Boston-based UniFirst Corp., who served in a variety of association roles as he grew the company to annual sales to $1.5 billion from $100 million in 1991
  • Jim Pellerin, president and CEO, Pellerin Milnor Corp., New Orleans, veteran of TRSA’s Board of Directors and committees, who built his family laundry equipment manufacturing operation into a major exporter

Preceding the dinner, the conference begins Wednesday afternoon with the keynote, issue briefing to prepare for Hill Day visits and the TRSAPAC reception for current PAC members and those who wish to join that evening. Hill visits take place Thursday morning followed by committee meetings in the afternoon and an early-evening closing reception.

Posted December 22, 2017

Source: TRSA

L.L.Bean Explores Blockchain Applications For Outerwear With LOOMIA Smart Textiles; Loomia Announces Fashion Executive Joins Team

NEW YORK CITY — December 21, 2017 — Outdoor retailer L.L.Bean today announced that it will be exploring the applications of blockchain technology with LOOMIA, a technology company adding intelligence to everyday objects. The companies will explore how data from Loomia-enabled L.L. Bean apparel can assess the extended use and performance of the outdoor retailer’s products, and provide valuable insight on the use rate of products returned under L.L.Bean’s 100-percent satisfaction guarantee.

“Working with Loomia will enable L.L.Bean to continue it’s 106 year-old mission of utilizing the latest advancements and technologies to design durable, functionally innovative products that help to further folks’ enjoyment of the outdoors,” said Chad Leeder, L.L.Bean’s innovation specialist.

This partnership will first be tested with L.LBean’s outerwear products by incorporating Loomia Electronic Layer (LEL) into merchandise such as jackets and boots. The LEL — which is composed of a flexible circuitry — can heat, light, and sense, all while remaining washable, dryable, and discreet. L.L.Bean will research implementing Loomia’s circuitry to collect data from apparel including information around temperature, motion, and frequency of wear. Once this data is collected, consumers will be able to share it back with the brand for rewards via the Loomia TILE — a component that allows for the secure and anonymous transfer of data.

Other use cases include the incorporation of Loomia’s heating elements into L.L.Bean signature products, such as enabling them to warm hikers’ toes or provide an extra layer of warmth on the coldest winter days. These solutions will present some of the first tech-enabled products to conquer the rigid and bulky design typically seen with other heating and sensing applications that have restricted wearable tech from advancing.

Janett Liriano, CEO of Loomia said: “L.L.Bean exemplifies quality and focused innovation, centered on functionality and user experience. We are thrilled to be working with this legacy brand as we develop TILE. Loomia is committed to delivering meaningful experiences to both brands and buyers and look forward to advancing that cause with L.L.Bean.

Loomia’s groundbreaking technology centered on the human experience is building an economy where consumers and brands are aligned on making better products through analyzing consumer-generated data. These innovative data insights are secured through blockchain technology and are governed by the expressive consent of consumers to share their data in a mutually beneficial and seamless exchange.

Today Loomia also announces that Carole Kerner, former president of Donna Karan Collection with more than 25 years experience in the fashion industry, will be joining the team as an advisor. Kerner has previously held the positions of president of DKNY, and a senior executive within the companies of Abercrombie and Fitch, and J Crew.

“I am inspired and motivated to work with Loomia, a company that provides innovative technology that can not only lend unique properties to specific products, but that also carries data that can inform a brand,” said Kerner. “Through the years, I’ve seen fashion’s need for innovation firsthand. The integration of a seamless and sophisticated technology such as Loomia’s will help solve a multitude of pain points that have previously been a barrier to this innovation, such as having a deeper understanding of how garments are used once they leave the store, and then using those insights to actually offer consumers better products.”

Loomia’s technology has been integrated by clients such as Google, The North Face, Zac Posen, and Calvin Klein. Loomia is led by Founder and Technical Lead Madison Maxey and CEO Janett Liriano. Maxey, a Forbes 30 Under 30 and 2013 Thiel Fellow, and Liriano are joined by LOOMIA’s core team members and advisors including Sol Lederer, Blockchain director; Ezgi Ucar, director of Product Development; Marco Paúl, vice president of Operations and Supply Chain; and Paul Raffin, a former executive at J. Crew and The Frye Co.

Posted December 21, 2017

Source: LOOMIA

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