Express Appoints Winnie Park As New Independent Director To Board

COLUMBUS, Ohio — JUNE 14, 2018 — Express Inc., a specialty retail apparel company, announced that Winnie Park was appointed to its Board of Directors as a Class III director, following the Company’s Annual Meeting of Stockholders on June 13, 2018. Park is currently CEO for Paper Source Inc., a role she has held since September 2015. With this appointment, the size of the board has been expanded from seven to eight directors.

Park is a seasoned business executive, with leadership experience across marketing, e-commerce, merchandising, and strategy at global retail and apparel brands. Prior to joining Paper Source, she held the titles of executive vice president, Global Marketing and eCommerce and Global vice president, GMM, merchandising during her nine year tenure at Hong Kong-based luxury retailer, DFS, a division of LVMH. Additionally, Park served as senior director, Women’s Merchandising and Director, Strategy for the Dockers brand at Levi Strauss and Co. Earlier in her career, she worked at McKinsey and Co., focusing on eCommerce, Apparel, and Retail. Park earned a BA from the Woodrow Wilson School of Public and International Affairs at Princeton University and her MBA from the Kellogg School of Management at Northwestern.

“We are excited to welcome Winnie to the Board. She is a talented, strategic leader who brings relevant and complementary skills in the areas of retailing, merchandising, e-commerce, and brand strategy. She will be a great addition to our board,” said Mylle Mangum, Chairman of the board.

“Winnie’s considerable experience supporting globally recognized brands will be an asset to Express,” said David Kornberg, president and CEO of Express. “She joins Express at an exciting time and we look forward to benefiting from her insight and expertise as we continue to transform into a leading omni-channel retailer.”

“I am honored to join the Express Board,” said Park. “Express has been a fashion authority for several decades and I look forward to collaborating with the board and management team to drive future growth.”

Posted June 14, 2018

Source: Express Inc.

Gap Inc. Appoints Neil Fiske New Global Head Of Gap Brand

SAN FRANCISCO — JUNE 13, 2018 — Gap Inc. today announced the appointment of Neil Fiske as president and CEO of Gap brand. Fiske will begin his new role on June 20, 2018, and will serve on the company’s senior leadership team, reporting to Art Peck, president and CEO of Gap Inc.

“Neil brings significant retail and apparel experience to Gap Inc. and a track record of transforming and repositioning brands,” said Peck. “He is an experienced leader who deeply understands the mechanics of this business, the value of an omnichannel strategy, and the need to build a progressive and relevant brand. I believe Neil is the right leader to strengthen Gap brand.”

“Gap is a truly iconic brand that is loved by its customers across the globe, and I am excited about the significant opportunity ahead for us,” said Fiske. “The brand has made some important progress and I look forward to working with the team to drive improved performance, operational excellence, great merchandising, and distinctive and powerful marketing.”

Fiske has 20 years of brand building and turnaround experience in specialty retailing. Most recently, he served as CEO at Billabong International, where he restored the flagship Billabong brand to a position of market leadership and multi-year share growth. Prior to that, Fiske spent five years as president and CEO at Eddie Bauer, repositioning the company to focus on its heritage as America’s original outdoor outfitter. Fiske was also CEO at Bath and Body Works, where he led a complete brand transformation, reversing a multi-year trend of negative comp store sales. Fiske began his career at Boston Consulting Group, focused on consumer goods and retail. He graduated from Harvard Business School with a Masters of Business Administration and received a B.A. in Political Economy from Williams College.

Posted June 14, 2018

Source: Gap Inc.

APIC Attendees Support Hygienically Clean Stance On Healthcare Uniforms In Public

MINNEAPOLIS— JUNE 13, 2018 — Linen, uniform and facility services operators certified Hygienically Clean Healthcare presented evidence today to members of the Association for Professionals in Infection Control and Epidemiology (APIC) that medical care facilities should more carefully control public wearing of employee uniforms.

Engaging visitors to the Hygienically Clean exhibit at APIC’s 2018 expo, certification staff had a receptive audience for the data. Most attendees interviewed indicated they support preventing employees from wearing scrubs and other healthcare apparel outside medical facilities. Many said they have policies to this effect but find these difficult to enforce.

The 3-day APIC exhibit is building awareness of Hygienically Clean certified providers among infection preventionists: individuals who recommend what linen and uniform service their facilities should use. Discussing issues with them such as uniform hygiene positions certified operators as the foremost laundry science experts with an unprecedented commitment to educating healthcare professionals regarding linen and laundry.

Visitors to the Hygienically Clean exhibit received Curbing the Infection Risks of Healthcare Garments, a brief compendium of studies and journal articles that point to the risk-reduction value of professionally laundering employees’ garments, worth the additional cost to a healthcare facility that currently makes employees responsible for washing them.

Hygienically Clean staff noted that TRSA, the global association for the linen and uniform industry that administers the certification program, has begun planning to raise the issue’s profile with healthcare industry stakeholders. TRSA’s Healthcare Committee has formed a task force on the matter. Staff has contacted TRSA associate members (suppliers to the industry) who manufacture scrubs, lab coats and other healthcare employee garments to explore promoting a new voluntary standard that would urge medical providers to prevent wearing these in public.

An Association of Perioperative Registered Nurses (AORN) standard currently performs this role regarding garments worn in surgical suites. TRSA will weigh the possibility of supporting creation of a much broader measure, covering all clinical functions with discernible risk of pathogen transmission from healthcare garments to patients and the public.

The Hygienically Clean research compendium quotes healthcare stakeholder groups including APIC, AORN, American Association of Nurse Anesthetists, Association of Surgical Technologists and Society for Healthcare Epidemiology of America. Access this document at www.trsa.org/scrubhelp.

As TRSA investigates courses of action, hoping to involve such stakeholder groups, Hygienically Clean certified providers will continue to point to the mounting evidence of the risks of garments carrying pathogens out of healthcare facilities and inadequate domestic laundering bringing them in.

In contrast, contracting with a Hygienically Clean provider, whose processes (laundry practices) are verified and outcomes (product cleanliness) are quantified by third parties, provides maximum confidence that all garments used in a healthcare setting have diminished presence of harmful bacteria. It’s a cost-effective way to essentially eliminate this single risk of infection transmission, unlike so many others that require preventionists to constantly guard against.

Posted June 14, 2018

Source: TRSA

International Textile Manufacturers Federation: Yarn And Fabric Production Decreased In Q4/17

ZURICH, Switzerland — June 14, 2018 — Global yarn production decreased by 23 percent between Q3/17 and Q4/17. Output reductions in Brazil (-23 percent), Asia (-14 percent), and the U.S.A. (-4 percent) have balanced out the increase in Africa (+12 percent) and Europe (+15 percent). All surveyed countries, apart from Brazil and Germany, expect a decrease in yarn output in Q1/2018. Global yarn stocks were stable between Q3/17 and Q4/17. A reduction in Brazil (-11 percent), Egypt (-9 percent), and Europe (-4percent) was cancelled out by a 3 percent increase in Asia. Altogether, yarn stocks reached 96 percent of their previous year level for the same quarter. Yarn orders increased on average between Q3/17 and Q4/17 (+7 percent). The order contraction in Korea Rep. (-8 percent) has been compensated by positive trends in the other reporting countries.

Global fabric production decreased from Q3/17 to Q4/17 by -2 percent. A respective -12 percent and -2 percent contraction in Brazil and Asia drove the world average in the negative range. Fabric output, however, increased by 6 percent and 10 percent in Africa and Europe respectively. The world output level reached 95 percent of its Q4/16 level. Europe and Brazil are expected to increase production in Q1/18. In Q4/17, the global fabric stock level slightly grew (+3 percent). This increase was driven by Brazil (+15 percent) and brought the index of fabrics stocks 3 percent above the Q4/16 level. In 2017, stocks have been stable in Asia and the U.S.A. They increased steadily in Europe and Brazil and constantly decreased in Egypt. On average, fabric orders have reduced by -23 percent between Q3/17 and Q4/17 in the countries under review. The growth of +11 percent and +2 percent in Egypt and Europe was not sufficient to compensate for the reductions of -31 percent in Brazil. The global index for fabric orders decrease by 3 percent since Q4/16.

Posted June 14, 2018

Source: ITMF, International Textile Manufacturers Federation

INDA’s World of Wipes 2018 International Conference Creates, Connects And Congratulates Industry Success

CARY, N.C. — JUNE 14, 2018 — INDA, the Association of the Nonwoven Fabrics Industry, reports its 12th annual World of Wipes® (WOW) International Conference June 5-8 successful in connecting 440 participants advancing their business in wipes.

The event was highlighted with an industry and committee majority vote announcing Diamond Wipes Internationals’ Hero Wipes as the recipient of this year’s World of Wipes Innovation Award®. The innovative new wipe removes toxic, cancer-causing carcinogens from firefighters’ skin. Other finalists were Solugen Inc.’s Ode to Clean Wipes made entirely from plant starch, and National Wiper Alliance’s Rhino Wipe™ Tote System, a portable container for easy dispensing of heavy duty Rhino Wipes.

The annual award recognizes the product that most expands the use of nonwovens and demonstrates creativity, novelty, uniqueness, and technical sophistication within the entire nonwovens wipes value chain.

Held at the Sheraton Grand, Chicago, the event attracted participants from 22 countries representing the entire wipes supply chain to examine issues and advances in the growing multi-billion dollar growing wipes sector.

Opening the conference was consumer psychologist Dr. Kit Yarrow, Professor Emeritus, Golden Gate University, presenting psychological insights and strategies for marketing to Gen Z. The program also included sessions centered on consumer trends and market data, sustainability, substrate innovation, challenges with preservatives, regulations, packaging, institutional wipe trends and progress on flushable wipes testing procedures.

Participants connected face-to-face with hundreds of wipes professionals during the Welcome Reception atop the 95th floor in the John Hancock Building. Stunning views and live music provided an informal atmosphere to connect with fellow industry professionals.

Preceding the conference, INDA’s Wipes Academy was conducted by instructor Rob Johnson, PE, Principal, Smith, Johnson & Associates. The Academy is the first and only comprehensive wipes training for the entire wipes supply chain.

“This year’s program content hit the mark in addressing key issues facing wipes producers and marketers. WOW serves as the hub for international wipes professionals to convene and connect, and the buzz this year indicates this happened in abundance,” said Dave Rousse, INDA president.

Other presentation highlights included:

  • Status Quo: Innovation, and Actual Sustainability – Annie Weisbrod, Ph.D., principal scientist, The Procter & Gamble Co.;
  • Product Stability and Preservation of Wipes – David Steinberg, president, Steinberg & Associates;
  • A Paradigm for Sustainable wipes – Martin Wolf, director of Product Sustainability & Authenticity, Seventh Generation;
  • Packaging for the Future of Wet Wipes – John Wilson, marketing manager, Bemis Company Inc.;
  • Global Wipes Marketplace: Trends, Challenges and Opportunities in Retail and Institutional settings – Siana Jannesari, Tissue and Hygiene analyst, Euromonitor International; and
  • The Future of Fragrance: Functional Sustainability – Tom Meyer, vice president, Innovation & Sustainability, Chemia Corp.

WOW networking events included two evening receptions amid 52 tabletop displays, daily breakfasts, networking breaks, and the option to Dine with Industry Thought Leaders.

Posted June 14, 2018

Source: INDA, the Association of the Nonwoven Fabrics Industry

Hyosung Invests In creora® Production

South Korea-based Hyosung will invest $100 million to build a creora® spandex facility near Aurangabad, India. The plant is expected to be in production by 2019. By 2020, the company’s total capacity for creora is expected to reach 390,000 tons.

“We are investing in India to meet the needs for comfort by the growing consumer market in India as well as to better serve the textiles industry in India, Pakistan, and Bangladesh,” said Hyosung Chairman Cho Hyun-joon. “Our state of the art facility will enable creora spandex to deliver the best quality, consistency, and value to meet customer’s needs. We continue to invest in all dimensions of our creora spandex business with new global marketing team members, new products, a new development center, customized development workshops and new capacity.”

May/June 2018

Kraig Biocraft Set To Begin Production In Vietnam

Kraig Biocraft Laboratories Inc., Ann Arbor, Mich., has announced the formation of Prodigy Textiles Co. Ltd., a Vietnam-based subsidiary that has been granted an Investment Registration Certificate (IRC). In related news, Kraig Biocraft has obtained its Enterprise Registration Certificate (ERC) from the Vietnamese government, which grants the company permission to begin its spider-silk-based fiber production in Vietnam. The combination of the IRC and ERC licenses allows Kraig to commercialize the production of spider silk using an advanced silk production platform to fit within Vietnam’s existing traditional silk industry infrastructure.

“These licenses to operate in a traditional silk producing region are the most substantial milestones for Kraig labs commercial development since the creation of our first spider silk transgenics,” said Kraig Labs Founder and CEO Kim Thompson. “Our teams in the U.S.A. and in Vietnam have been working closely with officials in Quang Nam province and with central government ministries to bring this long-standing vision to reality.

“Our work to obtain these approvals has been driven by our goal of producing recombinant
spider silk on a large scale, which can only be achieved by harnessing the opportunities presented by existing large-scale silk production infrastructure,” added Thompson.

May/June 2018

Toray To Acquire Tencate Advanced Composites

Toray Industries Inc., Japan, has reached an agreement with The Netherlands-based Koninklijke Ten Cate BV to acquire TenCate Advanced Composites (TCAC). The transaction is valued at 930 million euros ($1.1 billion) and is expected to close during the second half of 2018.

Toray plans to continue TCAC’s management strategy and investments plans to advance TCAC’s growth, as well as retain key TCAC management personnel.

The purchase will help Toray accelerate growth and expand its high-performance thermoplastic and thermoset composites offerings as well as benefit from revenue synergies. TCAC will gain access to a highly-specified carbon source, which is needed for customer support. The two companies will additionally benefit from combined product development and research and development efforts.

“We are very pleased with [the] announcement and consider Toray a strong partner for us in terms of cultural fit, complementary product and market segment offerings, focus on R&D, and geographical reach,” said Frank Meurs, COO, TCAC.

“The aerospace industry is entering a new growth phase, which requires large investments for continued sustainable growth in this dynamic market,” said Jan Albers, CEO, TenCate. “With Toray we have found the right partner to expand TCAC’s leading role in advanced composites.”

May/June 2018

Albaad USA Announces Expansion

Albaad USA Inc., Reidsville, N.C. — a wholly owned subsidiary of Israel-based Albaad Holdings —  has announced a $45 million investment to expand its operations in Reidsville. The expansion will create a total of 302 jobs from engineers and technicians to production and logistics personnel. The average salary for the new jobs is $38,300, which is higher than the average wage for Rockingham County where the plant is located.

“We are very pleased to continue expanding our Albaad USA business in Reidsville,” said Gidi Tenne, plant manager, Albaad. “We continue to build on a great workforce, culture and community that supports advanced manufacturing jobs in Rockingham County.”

May/June 2018

Fast Fashion Company Rue21 Appoints Laurie Van Brunt President, CEO

WARRENDALE, Pa. — JUNE 13, 2018 — r21 Holdings Inc. (rue21) has appointed Laurie Van Brunt president and CEO effective June 25, 2018. Also announced today, Michele Pascoe has been named senior vice president and CFO, and Stephen Sommers has been named senior vice president and chief marketing officer.

Van Brunt joins rue21 from Chico’s FAS Inc, where she was president of Soma Intimates from 2010 to 2017.  At Soma, she led the transformation of the company by repositioning the brand as an omni-channel intimates brand and elevating the fashion aesthetic to fill an opportunity in the market, growing sales from $87 million to $350 million

Prior to Chico’s, Van Brunt was corporate vice president, director of Private Brand Management at J. C. Penney Company Inc. from 2005-2010, where she managed the company’s private brand portfolio of 22 brands across all merchandise categories. She led teams of over 200 people per brand with over $7 billion in sales in 1,090 stores. Earlier in her career she was senior vice president and general merchandise manager at Chadwick’s of Boston; executive vice president and general merchandise manager at the Lane Bryant division of The Limited Inc., and vice president and general merchandise manager at Casual Corner-Petite Sophisticate.

Van Brunt succeeds Michael C. Appel who was named Interim CEO in October 2017. Appel will continue to serve as chairman of the Board.

In making today’s announcement, Appel said, “We are very pleased to have Laurie join rue21 to lead our management team. She is a proven results-oriented leader within all aspects of the business who has successfully led, built and turned around specialty store apparel brands. With our increased financing in place, Laurie’s leadership, our new senior team, and the utilization of innovative data analytics to drive our business, we are confident that rue21 will be an even stronger brand that delivers outstanding growth and profit.”

Pascoe joins rue21 from Alvarez & Marsal, a financial consulting firm, where she provided financial advisory services for various retail organizations.  Prior to Alvarez and Marsal, from 2013-2017, Pascoe was the chief administration officer and CFO of Marsh Supermarkets LLC, a privately- held grocery chain with sales of $850 million. From 2009 to 2013, Pascoe was senior vice president and CFO of Charming Shoppes/Fashion Bug Division, a publicly-held 800 store missy/plus apparel chain with sales of $600 million. She also served as the CFO and COO from 2007-2009 at Rachel Ashwell Designs/Shabby Chic, a high-end branded home furnishings retail and wholesale business with both licensing and manufacturing arms.

She began her fashion business career at the Warnaco Group in 1989. She remained in the company assuming progressively more senior positions in the intimates, sportswear, and swimwear brands.

About Pascoe’s appointment, Appel said: “Michele is a savvy financial executive experienced in delivering financial and operational improvements and leading change initiatives. Her innovative financial leadership in high volume, highly competitive multi-unit retail environments, and direct, hands-on experience will be invaluable as we move rue21 financially and operationally to the next level.”

Pascoe succeeds Stephen Coulombe who was named Interim CFO in March 2018.

Most recently, Sommers was chief marketing officer at Vineyard Vines, a $400+ million specialty retail and wholesale apparel brand with approximately 100 stores, a robust website, and a growing wholesale business. Leading the marketing team responsible for brand strategy, creative production, channel marketing, category marketing, CRM, PR, digital, social, corporate philanthropy, sponsorships and events, he Increased overall brand awareness and engagement while driving top line growth.

Prior to Vineyard Vines, Sommers was vice president Global Brand Marketing from 2012 to 2016 at Under Armour Inc., the sports apparel company, where he focused on brand marketing by both category and lifestyle, and delivered major campaigns for bricks and mortar, digital and Ecommerce, as well as building categories such as footwear. During the years he was vice president Global Brand Marketing, the business grew from $1.5 billion to $5 billion. Before his fashion retail business experience, Sommers had a successful 15- year career in consumer electronics marketing at such companies as Sony Electronics Inc. and Toshiba Computer Systems.

In making today’s announcement about Sommers’ appointment, Appel said, “Steve has the strong ability to create brands, drive growth, and build teams and motivate talent.  As our marketing leader, Steve has the ideal combination of creative marketing skills and savvy analytics to build the rue brand and engage our target customers.”

Posted June 13, 2018

Source: rue21

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