United Legwear & Apparel Launches New In-House Brand, Fun Socks

NEW YORK CITY — May 10, 2018 — United Legwear & Apparel Co. LLC (ULAC) — a 20-year-old New York City-based global entity that designs, manufactures, markets, and distributes legwear, bodywear, apparel, and accessories for world-renown brands such as Puma and Skechers — today unveiled a wholly-owned and originally-created brand, Fun Socks. The brand launched a collection of more than 150 women’s and men’s sock styles that are available in over 90 points of global distribution and on funsocks.com. On May 10, Fun Socks will simultaneously open their first two experiential retail stores — one in SoHo, New York City and a second location on the “coolest block in America,” Abbot Kinney Boulevard in Venice, Calif.

Fun Socks is a collection of whimsical socks, retail destinations and experiences designed to encourage its customers to have “real fun’ with self-expression and infuse their style with positivity and passion. The collection reflects the attitude and vibe of New York: fashion-forward yet classic, edgy, outspoken, and most importantly, a sense of fun.

“Socks are an essential in everyone’s wardrobe but they don’t have to be boring,” said Isaac E. Ash, founder, president and CEO, ULAC. “At a moment in time when life can feel serious and impersonal, Fun Socks encourages customers to find moments of playfulness. Whether shoppers are in one of our new stores, on our website or following us on Instagram, every interaction with Fun Socks should spark joy and give everyone permission to have their own fun.”

On May 10, Fun Socks will officially open its first two bi-coastal retail stores. The SoHo shop, located at 436 West Broadway, is a 125-square-foot mini-emporium with ceiling-to-floor walls of Fun Socks. The Venice store, located at 1420 Abbot Kinney Boulevard, is a 600- square-foot “Fun House” featuring a large mural wall that will change seasonally. The current mural was created by multi-media artist Max Rippon. The store also has a tricked-out Fun Car inside it that offers the perfect Insta-moment of fun.

“As the world changes and consumers’ habits evolve, so must brands and retail,” continued Ash. “Our aim is to take the best parts of retail – the excitement of discovery and fun of face-to-face interaction – and build our brand around the things that endure: emotion, goodness, and community.”

Both stores have a curated series of activities happening at the stores from Thursday, May 10-Sunday, May 13 to celebrate the store openings and Mother’s Day weekend. A full list of store activations is available upon request.

Posted May 10, 2018

Source: United Legwear Co. LLC

Indorama Ventures Delivers Best Ever First-Quarter Results Quarterly EBITDA Of THB 10,863 Million

BANGKOK, Thailand — May 10, 2018 — Indorama Ventures Public Co. Ltd. (IVL), a global chemical producer, today reported financial results for the first quarter 2018.

The company has delivered another outstanding set of financial and operating metrics, underpinned by improvement in production volumes and margins across all segments and geographies. EBITDA was $344 million, an increase of 34 percent YoY, which is reflective of underlying strength in all segments and structural improvement in the polyester value chain. The star performer in the first quarter was PET, which grew its EBITDA by 64 percent, while Feedstock EBITDA grew 23 percent and Fiber EBITDA grew 10 percent. Operating Cash Flow grew 10 percent to $249 million.

First quarter production volume increased by 6 percent YoY to 2.3 million metric tons, mainly as a result of organic volume growth, operational excellence projects and higher operating rates as well as the successful integration of the HVA acquisitions announced in 2017. The company achieved its highest ever quarterly earnings per share of THB 1.04 post dilution of 11 percent from the partial exercise of warrants.

There was a strong improvement in North America and in EMEA. Asia is also on the path to recovery. However, current earnings from Asia, although improving, are not fully reflective of the fundamental improvements underway in the industry. Strong polyester demand growth, China’s ban of waste plastics and improved supply discipline are contributing to Asian earnings, which are expected to gain momentum in the forthcoming quarters.

The global outlook continues to be positive, backed by improving Asian sentiment led by robust demand growth and a favorable demand-supply balance leading to a cyclical upturn of the polyester value chain. Demand for PET continues to grow at around 6 percent.

In a strategic move to enhance earnings potential and add long-term value to the business in the Americas, the company has announced the acquisition of a 550,000 metric tons per annum PET facility in Brazil, and a joint investment in a 2.4 million tonne PTA-PET project at Corpus Christi in the United States.

The company’s Operating Cash Flow over the last twelve months of $941 million, has helped strengthen its balance sheet with the net operating debt to equity ratio improving to 0.39. Our growth plans include several strategic projects and a robust M&A pipeline that will continue to improve returns and add earnings growth over and above our organic initiatives.

Aloke Lohia, Group CEO of Indorama Ventures said: “We have started the year with an outstanding performance and an all-time high financial and operational result. This performance reflects the robustness of our strategy, but diversified across the value chain and geographically, the dedication of our employees and the desire to create sustainable growth in value for all our stakeholders. The strength of our balance sheet, predictable cash flows and accretive growth avenue gives me the confidence that we will achieve our stated target of 45 percent EBITDA growth in 2019 over 2017.

NOTE: Core EBITDA comes after excluding inventory gains/losses from the reported EBITDA.

Posted May 10, 2018

Source: Indorama Ventures

Gerber’s AccuPlan™ V11 Significantly Improves Design And Production Efficiency

TOLLAND, Conn. — May 10, 2018 — Many industries struggle with finding and retaining skilled labor as well as keeping up with the speed of the markets they serve without sacrificing quality. “Our customers are continuously looking for more efficient workflows and data communication between design and production to decrease time from concept to finished product,” said Mary McFadden, executive director of CAD for Gerber Technology. “AccuPlan allows companies to leverage work orders received via their ERP systems and convert them into optimized cut order jobs as they enter the manufacturing floor.”

AccuPlan is a powerful spread and cut planning tool that enhances production efficiencies and performance by up to 85 percent in automation process time.

Production Cost Reduction – AccuPlan imports cut work orders from the ERP system of your choice, streamlining the entire process by calculating marking and spreading solutions. It interfaces with AccuMark and AccuNest eliminating the need to manually perform tasks such as marker order entry, nesting and marker plot and cut files generation. In addition, digital cut tickets (including barcodes) are automatically submitted to the cutting room.

Material Cost Reduction – Fabric savings of 2 percent is realized quickly with AccuPlan’s powerful algorithms and users can increase savings by 7 percent using different combinations of spreading and marking constraints. When combined with AccuNest, material savings could increase by up to 15 percent.

Increase Quality and Profits – AccuPlan helps to produce more and better products in less time and empowers design teams. Its powerful Comparison Results Report tool provides the means to analyze and choose the best cut plan solution to yield the overall savings not only on fabric utilization, but also on spreading and cutting labor time.

AccuPlan is an integrated part of the AccuMark Platform, which includes a family of products designed to help companies unleash creative vision and embrace their digital reality. The software is the industry-leading platform for intelligent pattern design, grading, marker making and production planning. It’s part of Gerber Technology’s Digital Solutions offering which includes a completely integrated suite of software and smart machine production systems with GERBERspreaders and GERBERcutters. Gerber’s solutions are connecting global supply chains, increasing productivity and accelerating time to market.

Sign up to be part of our new Gerber Technology Online Community. Connect with our experts and other users for answers to your questions and to provide your input into our future product development.

To learn how to use all of AccuPlan™’s capabilities, sign up for Gerber University classes on AccuPlan™, AccuMark, 3D, pattern design and more.

Posted May 10, 2018

Source: Gerber Technology

Texworld USA, Apparel Sourcing USA Summer 2018 Highlights

NEW YORK CITY — May 4, 2018 — After Texworld USA in January, this premier event on the East Coast will return to the Javits Convention Center, July 23-25, 2018, with more than 700 international exhibitors representing a wide variety of global sourcing destinations in the fashion and home design categories. Texworld USA is a dynamic industry event and dedicated manufacturing sourcing marketplace for three days of business, networking and education. The Summer 2018 edition will feature the largest exhibitor base, exciting pavilions and SPOTLIGHT season focus.

Texworld USA is the perfect platform for designers, fabric buyers, product R&D specialists and sourcing professionals to explore products including fabrics and trimmings from over 15 product categories and 500 exhibitors. Apparel Sourcing USA is co-located with 200 suppliers and connects attendees with suppliers specializing in the production of garments and ready-to-wear for men, women and children. The Summer 2018 edition will feature cutting-edge products, seminars, a new platform called Local Loft highlighting regional factories in collaboration with Fashiondex and a SPOTLIGHT area focused on ‘The Art of Customization – Findings, Trims & Accessories.’

“Texworld USA together with Apparel Sourcing USA offers designers, sourcing professionals and anyone looking for manufacturing or private-label development a unique marketplace for networking, education and sourcing. Our amplified partnership with Lenzing Fibers, panel discussions, SPOTLIGHT Trend Area, new features such as Local Loft and exclusive offerings make the July show a must-attend for professionals in this industry,” explained Jennifer Bacon, show director.

This July, the Texworld Showcase will highlight trends for the Autumn/Winter 2019-20 season, chosen by Texworld Art Directors Louis Gerin and Gregory Lamaud based in Paris. Gerin and Lamaud will also have vignettes displayed in the SPOTLIGHT area of Apparel Sourcing where unique findings and trims will be explored.

Jana Platina Phipps, a New York City-based expert known as the Trim Queen, will be curating a trim activation. Known for her refined vision in the world of trimmings in fashion and home furnishings, Jana will also be conducting a hands-on passementerie workshop providing how-to and tips for attendees.

Texworld USA will be hosting engaging discussions and educational sessions for attendees.  Highlights include:

  • Educational seminar series and curated panel discussions sponsored by Lenzing Fibers with influential industry professionals will also feature speaker Laurie Pressman, Pantone Color Institute Vice-President, with topics such as inspiring ideas, colors and trends;
  • Textile Talks with discussions by StartUp Fashion and other industry professionals; and
  • North America Digital Textile Conference (NADTC) conducted by WTiN (World Textile Information Network) on July 24.

Texworld USA has also expanded the “Explore the Floor” series featuring guided tours that allow attendees to walk the show floor with seasoned industry experts in an intimate setting. These tours provide attendees with insights on different exhibitors relevant to their businesses and will allow for questions in an open format.

New for Apparel Sourcing USA Summer 2018 is the launch of Local Loft, a unique platform that gives companies direct access to regional apparel fabric buyers, R&D specialists and designers. This loft-like environment will showcase local and sustainable apparel factories, contractors and services that offer lower minimum quantities and was created specifically for attendees seeking domestic and locally-sourced production facilities.

Posted May 9, 2018

Source: Messe Frankfurt

Bally Ribbon Mills Announces Safety Webbing And Tapes For Fall Protection

BALLY, Pa. — May 2018 — Bally Ribbon Mills (BRM) — a designer, developer and manufacturer of highly specialized engineered woven fabrics — has announced its line of safety webbing and tapes, ideal for fire, law enforcement, industrial, military, and commercial fall protection personal protective equipment (PPE).

BRM’s safety webbing and tapes meet the demands of applications requiring high temperature, fully engineered safety solutions. They can be used for shoulder straps, harness webbing, and chin straps, as well as helmet suspension, binding tapes, lap belts, and shock absorbing webbing.

Made from Nylon, Nomex®, Kevlar®, Vectran®, PBI®, Nextel®, and other specialty fibers, BRM’s safety webbing and tapes are ideal for applications requiring high tenacity, abrasion resistance and flame and heat resistance. They are also a good choice for controlled elongation applications as well as those requiring chemical resistance in specific environments. They offer conductivity, dimensional stability and strength, and can help to reduce weight and size. The materials meet United States (NFPA) requirements for fire fighters’ protective clothing and equipment.

Posted May 9, 2018

Source: Bally Ribbon Mills (BRM)

Trevira — Large Projects Approved For The Guben Site

BOBINGEN — May 2018 — Trevira GmbH’s owner Indorama Ventures has approved various large projects at the Guben site, which will be of enormous importance for the entire company.

The approved investments will be in the form of equipment that will affect all of the processes — polycondensation, spinning and textile processing — at the Guben site where Trevira produces filament specialties for the textile industry. A total sum of approx. 7.5 million euros is scheduled to be invested. These investments will generate additional quantitative growth and optimize processes and procedures at Trevira’s site in Guben where flat and texturized filament yarns are produced for automotive interiors, technical textiles, apparel, and home textiles.

“These investments are an extremely important signal,” said CEO Klaus Holz. “They are a reiteration of the long-term commitment of our parent company IVL to Trevira GmbH.”

“We are very excited about the investments in the new equipment,” said head of the Filament BU, Edo Lieven. “The Guben site and the Filament BU will be strengthened by these projects.”

Posted May 9, 2018

Source: Trevira GmbH

IFAI Outlook Conference 2018

InPrint Industrial Inkjet Conference 2018

Successful InPrint Industrial Inkjet Conference Closes; Offering Insights on Inkjet Applications for Manufacturers

CHICAGO — May 8, 2018 — After two successful days, the InPrint Industrial Inkjet Conference held May 1-2 at the Palmer House Hilton in Chicago closed, providing the industrial print community with unique, thought-leading insights on adopting digital technologies to develop new business opportunities.

Registrants from companies like Avery Dennison, Xerox, Apple, Konica Minolta, and Procter & Gamble heard from industry thought leaders on the successes and challenges of adopting digital print. Focusing on packaging, decorative and functional print applications, presenters shared their expertise highlighting trends, case studies, and the latest technical innovations in industrial inkjet.

“The content of the InPrint Conference was focused on where the industrial inkjet market is headed and how manufacturers can implement the technology into their production to drive business growth,” stated Kevin Jackson, InPrint USA Exhibition Manager. “For example, Heidelberg presented a case study about their customer Ritzi Automotive, who are successfully using inkjet applications. Implementation has its challenges, but our goal at InPrint is to help the manufacturing community learn from each other and provide access to the information and technology they need to succeed in their business goals.”

Some of the highlights of the conference included:

  • The keynote presentation “Rebirth of Industrial Inkjet” presented by Mark Hanley, President, I.T. Strategies. Hanley shared his projections for realistic market development potential across all market segments – decorative, functional and packaging. Each sector was examined in terms of the opportunities for growth and the introduction of new print technology.
  • The General Session, “Merger & Acquisition Activity in the North American Industrial Inkjet Market” presented by Kenneth D. Stack, President, Proximus, LLC M&A, Venture Capital, Advisors; James Hirchak, Director, Business/Corporate Development Dover Engineered Systems, ‎Dover Corporation; and Liz Logue, Sr. Director Corporate Business Development, EFI. Together they shared the latest data and market trends related to M&A activity in the industrial inkjet industry, as well as their experience and learned best practices in M&A strategy, execution and integration for their organizations.
  • Ron Gilboa, Group Director, Production Technology Advisory Service, Keypoint Intelligence—InfoTrends presented the closing keynote session “Growing your Inkjet Printing Business.” In his session, Gilboa highlighted what companies need to consider as they embark on adopting digital technologies in their operations, urging attendees to consider not only the technology itself, but rather how integrating new digital technology forces a business to rethink production and business processes to meet evolving client demands.

Presentations are available for download on the InPrint USA Conference website, http://www.inprintshow.com/usa/conference.

The next InPrint USA show, co-located with ICE USA, the International Converting Exhibition, will be held in Louisville, KY April 9-11, 2019.

Posted May 8, 2018

Source: Mack Brooks

 

Bally Ribbon Mills Receives Space Technology Award: NASA’s Space Technology Mission Directorate For 3-D Material

Bally, Pa. — May 8 2018 — Bally Ribbon Mills (BRM), — a designer, developer and manufacturer of highly specialized engineered woven fabrics — has announced it received a Space Technology Award from NASA’s Space Technology Mission Directorate (STMD) for weaving the 3-D material used to support the Heat-shield for Extreme Entry Environment Technology (HEEET) team. The team is developing a new thermal protection system (TPS) that leverages the way weaving is used to manufacture aircraft parts made of carbon composite materials. The award was announced at the at the STMD quarterly meeting in Washington, D.C.

“The STMD community sincerely appreciates your hard work, leadership, and dedication to providing NASA and the Nation with revolutionary new technologies and capabilities,” said STMD’s Associated Administrator Stephen G. Jurczyk. “Congratulations on your hard work and dedication to ensuring the success of our Mission Directorate.”

To manufacture TPS materials with the desired properties, fibers of different compositions and variable yarn densities are accurately placed in a 3-D structure. Three-dimensional weaving extends the traditional 2-D weaving by interconnecting woven material in the third direction, enabling the manufacturing of materials that are more robust to the entry environment than traditional 2-D woven materials. The panels are then infused with resins and cured to lock the fibers in place.

Using advanced modeling, design, and manufacturing tools to optimize the weave for overall improved performance, the HEEET project has manufactured a new family of TPS materials and tested them for a wide variety of entry conditions.

BRM and NASA efforts are a great example of NASA partnering with an American small business with a unique specialized technological capability that will further current and future exploration plans.

Posted May 8, 2018

Source: Bally Ribbon Mills (BRM)

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