Nextiles Brings Its Smart Fabric With Advanced Sensor Technology To The Market, Allowing Users To Track Data Directly Through Clothing

NEW YORK CITY — April 27, 2021 — Nextiles, a textiles manufacturing startup backed by the National Science Foundation (NSF) and Massachusetts Institute of Technology (MIT), is launching into the sports and performance market to provide smart thread technology that captures biometric and biomechanics data. Spun out of academia, Nextiles was founded in 2018 while George Sun, a trained biological and electrical engineer, was finalizing his Ph.D. in biomaterials at MIT. While attending MIT’s Media Lab, Sun was recruited to lead the embedded engineering team at PUMA, with a focus on incorporating sensors into footwear. Through his work, he was inspired to recreate the sensor industry and provide a superior form factor by developing a now-patented technique to sew sensors directly into fabric. In its early stages of development, Nextiles was recognized and awarded by MIT to fund further optimization of the smart fabric technology and was also selected to go through MIT’s accelerator program,Delta-V and finally joining the Newlab community in Brooklyn.

Behind the science, Nextiles blends traditional sewing techniques with printed circuit boards to make flexible material with sensors embedded within fabrics, such as your everyday sportswear. Through its patent-protected manufacturing process, Nextiles’ fabrics allow for complete biomechanic and biometric sensing captured on one platform — no straps, rings, wraps or clunky attachments that only capture partial data. Nextiles leverages the use of traditional sewing machines and commonly found threads, such as nylon or spandex. The threads used are semi-conductive, which measure mechanical changes from multiple data points. Nextiles differentiates its suite of data analytics by providing Newtonian measurements through its fabrics (force, bending, stretching, velocity, pressure) to offer athletes and teams data such as torque, power, fatigue, strain, and much more. The fabric captures traditional measurements as well by combining force data with IMU technology (direction, speed, distance). Nextiles provides clients with APIs and SDKs to stream data via Bluetooth in real-time and offers the ability for data to be stored locally and in the cloud.

Nextiles is headquartered out of New York, where the Garment District once thrived. Inspired to fuel further innovation within fabric and sewing, Sun moved the headquarters to Brooklyn’s Navy Yard after being recruited by Newlab — home to over 150 companies focused on frontier technology and 800+ entrepreneurs, inventors and engineers. Newlab approached Sun to join and reinvigorate the textile industry by innovating locally. The factory, which was a Navy Yard building during WWI and WWII, now hosts Nextiles’ core engineering team. Nextiles also maintains a cut and sew studio in New Jersey as well as an award-winning industrial design team based in Manhattan.

“Modern sewing technology is almost 2,000 years old, but the industry in recent decades has been overlooked because our society believes we maximized its utility,” said George Sun, CEO of Nextiles. “However, at Nextiles, we are rekindling textile innovation, and more importantly doing it in what was once the sewing capital of the world, New York. One of the reasons we value fabrics over traditional circuit board technologies is our philosophy of building from the bottom-up –thread by thread. Our industry has coveted smartphones so much that we have grown to become content in wearing them as watches and straps. Rather, we should instead endow such powers to what we are most familiar with. Revolutionize our clothes, instead of miniaturizing computer chips, by building on top of generation and time-tested fabric materials.”

While Nextiles is leveraging apparel as its first platform, the company sees broad technological applications and is working with several OEMs in various business verticals, such as automotive, military, and fitness.

“We’ve seen our technology become incorporated into more than just garments, but as solutions for a variety of inter-related industries,” Sun continued. “If it can be sewn, it can be smart. To date, we have several ongoing projects and collaborations in sports performance quantifying movement which would otherwise be impossible with camera vision or accelerometers, because we literally form around the 3D complexities of human movement. With that, we’ve also seen interest from OEMs in augmenting their current product offerings by taking their soft-good products and pushing them into the IoT world. I am excited to share this technology with our manufacturers and athletic partners because there is an internal gratification among our team when someone can own their own data through their own clothes.”

In 2020, Nextiles completed its seed round, which was led by its first investor, MIT. The remainder includes a diverse group of strategic individual investors who are senior executives ranging from multiple industries such as sports, media, retail, medicine, technology, finance and professional athletes. “We are extremely grateful to have welcomed several individual investors from diverse backgrounds with incredible experience and networks who all share our vision of a more connected future. The diversity of our cap table reflects the diversity of our technology and we look forward to innovating alongside current and future partners in a variety of business verticals,” said John Peters, chief business officer of Nextiles

Posted April 27, 2021

Source: Nextiles

Carnegie Fabrics Announces New CEO

Gordon Boggis

ROCKVILLE CENTRE, N.Y. — April 27, 2021 — Carnegie Fabrics today announced that its board of directors has appointed Gordon Boggis as CEO of Carnegie Fabrics effectively immediately. Boggis is an experienced executive with a consistent track record of delivering transformational change through a clear and strategic vision for growth. Skilled at improving key processes that help companies reach their full potential, Boggis will lead Carnegie into an exciting new chapter that will capitalize on the company’s existing strengths.

“We are excited to welcome Gordon to Carnegie as CEO,” said Ethan Thurow, director of Carnegie Fabrics. “He brings terrific leadership and remarkable ability to focus and galvanize an organization in pursuit of long-term strategic objectives. Gordon knows the key to Carnegie’s continued success is leveraging the best of what makes the company unique, while driving the business to new heights.

Previously, Gordon served as the CEO of Mission, an innovative textile company that produced personal cooling gear. Over the past 17 years, he has led several highly successful brand-centric companies as CEO — including Redco Foods and Unreal Candy — through effective strategy development and execution. Gordon holds a Bachelor of Science degree in Chemistry from Loughborough University in England.

I am thrilled to join Carnegie as CEO,” Boggis said. “A true leader within the industry, Carnegie has proved time and time again that real innovation and change can be accomplished through lasting dedication to people and the environment. I’m eager to build upon the company’s impressive track record to promote further growth and look forward to workign with an extremely talented team.”

This transition marks the beginning of an exciting new phase in the evolution of Carnegie, which has seen steady growth in recent years and continues to further solidify itself as a leader of innovation within the building and design industry. The company continues to launch ground-breaking products throughout the year, providing architects and designers with the materials and tools they need to achieve more sustainable, functional and beautiful projects.

Posted April 27, 2021

Source: Carnegie

Soft-Tex International Continues Expansion, Creates New Executive Management Positions For Innovation, Quality, And Legal

WATERFORD, N.Y. — April 22, 2021 — Soft-Tex International Inc. today announced three new executive management positions appointing Danielle Ignazzi chief innovation officer, Christine McKiernan chief quality officer, and Lloyd Wilson as chief legal officer.

“We are excited to expand our executive management team with these new promotions and for their continued contributions to our company.  Innovation, quality, and legal are critical growth areas for Soft-Tex as we expand and all three have played a major role in Soft-Tex’s transformation to an industry leader in home textile innovation,” said Mark Smiderle, Soft-Tex principal.

Ignazzi, McKiernan, and Wilson join the Executive Management team alongside Chief Sales and Marketing Officer Chris Marsh, and CFO Tom Gibbs. All report to Soft-Tex Principal Mark Smiderle.

Danielle Ignazzi is responsible for Soft-Tex’s innovation group and all operations including production, shipping, and planning functions. Ignazzi’s appointment as CIO comes as a promotion after recently joining Soft-Tex vice president of Commercialization. Prior to joining Soft-Tex, Ignazzi spent five years at Bed Bath & Beyond, most recently working as the Buyer for Basic Bedding and previously served in merchandise and planning roles at The Children’s Place and Lord & Taylor.

Christine McKiernan is responsible for all aspects of Soft-Tex’s global quality assurance programs and standards to guarantee the highest level of quality and safety for which Soft-Tex is known. McKiernan has worked in quality assurance her entire career with deep expertise in food manufacturing and pharmaceuticals and joins Soft-Tex after a seven-year tenure at DSM, where she served as director of Quality for North America.

Lloyd Wilson is responsible for all legal matters focusing heavily on the development of Soft-Tex’s robust intellectual property portfolio. Wilson joined Soft-Tex in 2020 as In-House Counsel after serving as an Associate Patent Attorney at Heslin Rothenberg Farley & Mesiti P.C. in Albany. Wilson earned his JD from Brigham Young University and holds a Masters in Engineering from Colorado State University.

Posted April 26, 2021

Source: Soft-Tex

DSM And MKU Ltd Cooperate To Provide High-Performance, Lightweight Ballistic Protection In Brazil To Protect Those That Protect Us

GELEEN, The Netherlands — April 26, 2021 — Royal DSM today announced that, together with armor manufacturing partner MKU Ltd., it has provided next generation armor technology with Dyneema® unidirectional (UD) material to support the Sao Paulo police.

The Sao Paulo police, which is comprised of more than 100,000 officers, is the first law enforcement agency in Brazil to initiate a tender for personal protective equipment based on the latest National Institute of Justice (NIJ) .06 standards for body armor, which provide comprehensive and rigorous compliance for the performance and testing of ballistic materials. In addition to NIJ .06 certification, the tender set extremely lightweight requirements for level IIIA soft armor vests.

The hybrid vest solution developed by MKU for the Sao Paulo police utilizes predominantly Dyneema UD material to reach new levels of performance and protection while simultaneously enhancing user comfort and mobility. Dyneema is a global brand for ultra-high molecular weight polyethylene (UHMwPE) fiber, UD and fabrics, offering ballistic solutions for personal and vehicle armor that combine maximum strength with minimum weight.

In soft armor applications, Dyneema offers up to 35 percent weight reduction when compared to competitive materials, while still protecting against both legacy and emerging threats — making it the material of choice for many of the world’s elite military and law enforcement personnel.

“Together with Dyneema® material MKU, was able to deliver a level IIIA soft armor vest that increases wearer ergonomics while reducing weight by more than 20 percent when compared to the incumbent aramid material,” says Marcelo van de Kamp, global business director, Personal Protection of DSM. “We’re proud to provide a solution that meets the strict requirements of the Sao Paulo police to ensure the brave men and women of their department are protected with Dyneema.”

In addition to the lightweight armor requirement, the vests were also thoroughly tested to ensure performance with NIJ ballistic reports, NIJ certification and in-house ballistic testing both during the tender process and after the vests were received.

“MKU is committed to providing the latest and most cutting-edge solutions to the Sao Paulo police,” said Neeraj Gupta, managing director of MKU. “These vests not only offer the best protection, they are extremely light weight and comfortable to wear.”

In line with DSM’s commitment to protect people and the environment they live in, the world’s first ever bio-based HMPE fiber was introduced in 2020. Bio-based Dyneema boasts the same exact performance as conventional Dyneema with a carbon footprint that is 90 percent lower than generic HMPE. DSM and MKU’S continued partnership in supporting the Sao Paulo police will not only provide innovative, lightweight solutions for armor technology in Brazil, but also environmentally sustainable alternatives that contribute to a circular economy.

Posted April 26, 2021

Source: Royal DSM

SDC Enterprises Launches New Website

HOLMFIRTH, England— April 26, 2021 — SDCE has launched a new-look website — http://www.sdcenterprises.co.uk/ — featuring a streamlined, user-friendly navigation system and a new contemporary aesthetic. The website has been designed to better-reflect SDCE’s international identity as the leading supplier of test consumables, and its ongoing commitment to supplying excellence as Standard for BS, EN and ISO test procedures for textiles.

New features on the website include a live feed of SDCE’s social media activity, and an updated introductory video giving an insight into production and sales at the company’s headquarters in West Yorkshire, UK. The website is also part of an SDCE Group umbrella domain — https://www.sdcegroup.co.uk/ — linking it to its wholly-owned subsidiary specialist weaver Sam Weller, which is the exclusive manufacturer of SDCE’s adjacent fabrics.

“The launch of our new website recognizes the evolving nature of the international textile trade following the impact of the Covid-19 pandemic,” says SDCE’s managing director Mark Yare. “While we always strived to offer our distributors and customers instant online access to our certificates of conformity, product information and technical support, we have invested further into our online presence in light of the increased focus on virtual networking. Our new aesthetic is more in keeping with our values of quality, consistency and excellence and the website is an improved platform from which to showcase our premium products.”

The launch of the website has been met with unanimous approval by SDCE’s network of 27 distributors across five continents, customers worldwide and its owner, educational charity the Society of Dyers & Colourists.

“The website is an impressive gateway to SDC Enterprises, and shows the global reach and wide range of products and services offered,” said the Society’s President John Hansford.

SDCE’s newly-launched website is part of a wider program to enhance the company’s digital presence and online interaction with textile professionals worldwide. New features will be added to the platform over the rest of the year, enhancing engagement with the industry and further cementing SDCE’s position as the worldwide leader in testing consumables.

Posted April 26, 2021

Source: SDC Enterprises

Eastman Launches Naia™ Renew Staple Fiber For Casual Wear, Loungewear

KINGSPORT, Tenn. — April 22, 2021 — In response to consumer demand for comfortable, sustainable clothing, Eastman launched its Naia™ Renew cellulosic staple fiber in the growing women’s casual wear and loungewear market. Sourced from 60-percent wood pulp and 40-percent recycled waste plastics,* it can be produced at scale to deliver sustainability without compromise to the fashion world.

Naia Renew staple fiber has inherent softness, is quick drying and reduces garment pilling. It blends well with other eco-friendly materials such as lyocell, modal and recycled polyester to produce sustainable fabrics and garments that are ideal for everyday comfort wear — whether it’s a busy day on the go or a cozy night on the couch. It is a versatile fiber perfect for T-shirts, comfy pants, jumpsuits and dresses.

“With more consumers seeking all-day comfort and style, the need for sustainable yet soft, cocooning clothing is higher than ever. Today, shoppers looking for sustainable options are not willing to compromise on style nor on quality or durability,” said Carolina Sister Cohn, Eastman’s global segment market manager for fashion. “Naia Renew staple fiber offers sustainable comfort every day, everywhere.”

Fully circular, Naia Renew staple fiber is produced with a low carbon footprint in a closed-loop process where solvents are safely recycled back into the system for reuse. The fiber is produced from wood pulp sourced from certified forests, and the recycled plastics feedstock is generated via Eastman’s patented carbon renewal technology (CRT). CRT is an integrated molecular recycling technology that breaks down waste plastics, such as post-consumer carpet fiber and plastic packaging materials, into basic molecular building blocks for the manufacture of new products including fibers — a truly circular solution creating value from waste.

*Naia™ Renew recycled content is achieved by allocation of plastics using an ISCC-certified mass balance process.

Posted April 23, 2021

Source: Eastman

International Yarn Industry Exhibition Filo: Staying Together For Restarting

BIELLA, Italy — April 23, 2021 — “The series of video-interviews “Con le mani” has allowed Filo to keep alive contacts with its exhibitors and visitors at a time when physical fairs were impossible. I find it rather symbolic that the round of video ends just when the official news of the reopening of the fairs arrives: the date is July 1 (and June 15, if they are held in “yellow” areas),” said Paolo Monefermoso, general manager of Filo. “Of course, we welcome the reopening of international fairs from July 1: it gives us the opportunity to prepare the 56th edition of Filo, scheduled at MiCo on September 29 and 30, in the best way and with no more uncertainty. As stressed several times, physical fairs are key for the upstream sectors of the textile supply chain because touching a yarn firsthand is crucial to fully appreciate its quality. The physical fair is also an opportunity for entrepreneurs to meet and exchange opinions: in a difficult moment like the current one, it gives greater awareness of the strength of our industry and therefore allows us to look to the future with more confidence.”

Not surprisingly, the final video of “Con le mani” is a celebration of touch, under the significant title of “A matter of touch” (https://filo.it/questione-di-tatto-con-le-mani/). Through the images of the video, Filo has underlined the role that “hands” (and manufacturing) and “touch” have in the textile industry, as confirmed by all the testimonials we met during our interviews.

“However, another element emerges strongly from the interviews – Monfermoso underlines – It is the desire, or rather the need, to stick together, to work as a team. The people interviewed by Filo consider it the only way to face the future, so as not to lose the Made in Italy heritage of know-how, which today is the basis for the restart of the sector. The 56th edition of Filo, in September, will be an opportunity to give concrete evidence of this.”

The 56a edition of Filo will take place on September 29 e 30, 2021 at MiCo-Milano Convention Centre in Milan.

Posted April 23, 2021

Source: Filo

Oerlikon Signs Agreement To Acquire High Precision Polymer Flow Control Equipment Supplier INglass

PFAEFFIKON/SCHWYZ, Switzerland — April 22, 2021 — Oerlikon, a provider of surface engineering, polymer processing and additive manufacturing technologies, announced today that it has signed an agreement to acquire Italy-headquartered INglass S.p.A. and its innovative hot runner systems technology operating under its market-leading HRSflow business.

The strategic acquisition is a significant step in expanding Oerlikon’s current man-made fibers business into the larger polymer processing market. The acquisition accelerates and enhances existing organic initiatives to diversify and strengthen the company’s core high-precision polymer flow control capabilities, products and services. The completion of the transaction is subject to customary regulatory approvals and is expected by the second quarter of 2021.

To reflect Oerlikon’s expansion into a larger high-growth market, the Manmade Fibers Division will be renamed as Polymer Processing Solutions Division. This division will have two business units: Flow Control Solutions and Manmade Fibers Solutions. The business unit Flow Control Solutions will combine the expertise of Oerlikon Barmag’s existing gear metering pumps business line and INglass’ HRSflow operations. The business unit Manmade Fibers Solutions will continue to focus on growing the existing chemical fiber machinery and plant engineering business, offering plant solutions for the production of polyester, polypropylene and nylon.

“Our new Polymer Processing Solutions Division and the acquisition of INglass S.p.A. and its HRSflow business are critical components of Oerlikon Group’s growth strategy. We are accelerating our efforts to drive sustainable organic and inorganic growth in all of our businesses. The acquisition enables new synergy opportunities between both Oerlikon divisions in specific end markets such as automotive. With INglass and its HRSflow operations, we acquire leading suppliers in their markets with proven success of their technologies and services,” said Dr. Roland Fischer, CEO Oerlikon Group.

“We firmly believe that within the Oerlikon Group we can further exploit the potential of our hot runner systems technology and, when combined with the capabilities of Oerlikon Barmag gear metering pumps and their melt distribution engineering competence, will position our business as one of the leading precision flow control specialists for multiple applications in a global growth market”, said Antonio Bortuzzo, CEO of INglass S.p.A.

New business unit offers great growth potential

The Oerlikon Barmag competence brand already offers high precision flow control related components, including a large selection of gear metering pumps for textile and non-textile markets. These highly efficient pumps are used in silicone casting, dynamic mixing and oil spraying for the chemical, paint, polymer processing and automotive industries. This double-digit million CHF business, which has grown in recent years, will be merged with INglass’ HRSflow hot runner technologies under the new business unit Flow Control Solutions. HRSflow’s excellent market access to many OEMs in and outside the automotive industry brings significant growth opportunities.

INglass is a supplier to automotive and expanding in other sectors

INglass S.p.A. is an internationally operating successful company established in 1987. Its product portfolio includes hot runners as well as engineering and consultancy services for the advanced development of polymer processing products. INglass’ HRSflow hot runner systems are applied in multiple industries from automotive, consumer goods and household appliances to packaging, waste management, construction and transportation.

INglass is headquartered in San Polo di Piave, Italy, near Venice. 2020 revenues of INglass were approximately 135 million Swiss francs and the acquisition is expected to be immediately accretive to Oerlikon’s margins and cash flows. INglass has more than 1,000 employees and 55 sites worldwide, including production plants in Italy, China and the United States. Among these sites are INglass’ newly renovated headquarters and production at its primary location in San Polo di Piave near Venice, Italy. The investment modernized the facilities with automated production, underlining the company’s commitment to sustainability and the environment. The other two modern production sites are in Zhejiang (Hangzhou Province) in China and Grand Rapids, Mich.

Following the integration with Oerlikon Barmag’s gear metering pumps business of about 200 employees in Remscheid, Germany, the new Flow Control Solutions business unit will have round about 1 200 employees.

“We see great potential for growth in our new Flow Control Solutions business unit,” said Georg Stausberg, Polymer Processing Solutions Division CEO and Member of the Executive Committee of the Oerlikon Group. “The businesses form the two core growth pillars and benefit from each other in global market development, in modern and digitized production, and in customer services. We also see potential synergies in R&D by combining existing know-how in the field of polymer processing. New technological solutions between hot runner systems and gear metering pumps are conceivable. We also anticipate collaborating more closely with the Oerlikon Surface Solutions Division, particularly in future mobility applications and functional polymer component solutions for the automotive industry. All in all, we will offer our customers innovative and attractive solutions in the field of polymer processing and high precision flow control components.”

Next steps for further diversification of the division product portfolio are already ongoing

Combining the divisions plant engineering and process know how with expertise on high precision flow control components technologies has a significant impact on product quality in nearly all applications, which opens up a platform for further organic and inorganic growth.

“We are closely observing the megatrends in the markets and developing new business models to match. In the area of sustainability, covering topics such as circular economy, the recycling of materials using mechanical and chemical recycling solutions, as well as the handling of new, more environmentally friendly and biodegradable materials, we are on the verge of a breakthrough. We are ready to actively participate in these growth areas,” Stausberg added. “In realigning the Polymer Processing Solutions Division, Oerlikon will continue to apply our successful recipe of a lean organizational structure to efficiently manage the business. This means clear processes, short decision-making paths and competent teams in a diverse and multicultural organization in which everyone can contribute innovatively to create customer value.”.

Posted April 23, 2021

Source: Oerlikon

ITMA ASIA + CITME 2020 Exhibitor Preview: Rieter

WINTERTHUR, Switzerland — April 22, 2021 — Rieter has doubled down on its R&D efforts since the onset of the pandemic to accelerate the development of its suite of intelligent and automated machines and systems so customers can manufacture yarns more profitably, efficiently and sustainably. This also empowers mill owners to respond flexibly to fast-changing markets.

Ring Spinning with G 38 and ROBOspin Sets New Standards in Automation

Rieter’s proven ring spinning machine G 38 with up to 1,824 spindles, equipped with the fully electronic drafting system and the industry’s first fully automated piecing robot ROBOspin sets new standards in terms of automation and flexibility. This powerful combination makes it easy to produce standard, special, and compact yarns thanks to the best-in-class compacting devices COMPACTdrum and COMPACTeasy. COMPACTapron completes Rieter’s family of compacting devices, taking yarn strengths to new heights thanks to its unique 3D technology that guides the fibers smartly through the compacting zone.

Novibra’s HPS 22 spindle, which is available for ring and compact spinning, offers the best price performance across all applications with spindle speeds reaching up to 22,000 rpm. It caters to a pressing need on the Chinese and other markets.

ESSENTIAL Offers New Features with Smarter Insights for Better Decisions

Rieter’s ESSENTIALmonitor, one of the modules of its all-in-one digital monitoring system, has new features that offer smarter insights into the mill’s operations so owners can fully unlock the mill’s potential.

ROBOdoff Automates Doffing to Save Time and Money

Manual doffing is cumbersome, time consuming and costly. Available on the rotor spinning machine R 37 as an option and on R 35 and R 36 as an upgrade, ROBOdoff automates the changing of packages, replacing full packages with an empty tube that is prepared along each side of the machine so that the spinning process can continue seamlessly. ROBOdoff significantly helps to save time and money.

New Spinning Rotor and CHANNELinsert Boost Production

The new rotor 31-XT-BD and the CHANNELinsert 28 can boost rotor yarn production by up to 6% for both knitted and woven applications. It is even possible to use lower quality raw materials while achieving constant production output.

SSM’s New Winder NEO-YW Delivers More Efficiency and Sustainability

The NEO-YW offers clear benefits for dye package winding and rewinding of filament yarns and features the brand-new online backpressure system for low and high package densities. Together with the firmly established thread laying system fastflex and tension control technology digitens it guarantees the best dyeing results and unwinding properties.

Graf’s New Cylinder Wire and Flats Enhance Lifetime and Quality

The latest innovations from Graf include the new card cylinder wire P-1940S and the flexible card flat resist-O-top C-60. The cylinder wire delivers consistent sliver quality irrespective of the incoming cotton fibers’ trash content and extends the lifetime by more than 10% thanks to the robust design with increased blade width. In addition, the flexible flat resist-O-top C-60 reduces imperfections by up to 15% for fine count yarn spinners.

Rieter’s family of components which spans Bräcker, Graf, Novibra, and Suessen, helps extend service life while enhancing quality and consistency.

Technology Competence – Supporting the Industry’s Circularity Journey

With a mere 1% of used garments being recycled and 73% going to landfill, the textile industry faces mounting pressure to become more circular. Rieter is leveraging its expertise to support the industry’s ambitions, with a recent study showing it is possible to spin not only rotor but also ring yarns of varying quality out of recycled clothes on a Rieter system. The semi-automated rotor spinning machine R 37 for example delivers promising yarn qualities thanks to improved waste extraction, closing the loop faster.

Visit us at ITMA Asia + CITME 2021 National Exhibition and Convention Center, Shanghai, China, from June 12 to 16 in hall 8 at booth C07. Experience our virtual booth from anywhere, anytime via www.rieter.com on June 11, 2021.

Posted April 23, 2021

Source: Rieter

VF Corp. Appoints Matt Puckett CFO

Matt Puckett

DENVER — April 22, 2021 — VF Corp. today announced that it has appointed Matt Puckett to the position of executive vice president and CFO. He will report to VF’s CEO, Steve Rendle, and serve on the company’s Executive Leadership Team.

“I’m very pleased to announce Matt as VF’s next CFO,” Rendle said. “Matt’s VF career has given him a broad range of experience in all facets of financial management, and he deeply understands our company and financial model from his experience working within our brands, our business units, and across international markets. Matt is a clear example of VF’s robust succession planning approach and there’s no one more qualified than him to serve in the CFO position as we pursue the next phase of the VF growth strategy.”

Puckett, 47, recently marked his 20th anniversary with VF. He joined the company in 2001 as a senior accountant in the finance organization. In the following years Puckett held a series of finance roles with increasing responsibility, including being appointed in 2009 as CFO of VF’s Sportswear Coalition, which comprised the Nautica® and Kipling® brands.

Immediately following VF’s 2011 acquisition of the Timberland® brand, Puckett was appointed CFO of Timberland® and was integral in helping to guide the brand’s successful integration into VF. In 2015, he was named CFO of VF International, a role that took him to VF’s European headquarters in Stabio, Switzerland, where he was responsible for all aspects of financial management for VF’s business across the EMEA and Asia Pacific regions. Puckett returned to the U.S. in 2019 and has been serving as VF’s vice president, Global Financial Planning & Analysis.

Puckett succeeds Scott Roe who announced his retirement from VF to pursue other opportunities. Roe spent 25 years with VF, the last six of which were in the CFO position.

“Scott has had a tremendous career at VF and his impact on our organization has been significant,” said Rendle. “Scott was instrumental in helping to build our international platforms during his time as CFO of VF International. He has overseen a number of VF’s acquisitions and divestitures and been a significant partner in helping to actively evolve our brand portfolio throughout his tenure. And importantly, Scott has enabled VF to consistently deliver on our commitments to shareholders and stakeholders, even during challenging times. Scott has worked closely with Matt over the last several years to ensure a smooth and natural transition. We will forever be grateful for his dedication and service.”

Roe will remain with VF through the end of May to close out the company’s fiscal year 2021. Puckett will assume the CFO position upon Roe’s departure from VF.

Posted April 22, 2021

Source: VF Corporation

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