Textiles

Aras Announces Strategic Enhancements to PLM Platform

Retrieved on: 
Tuesday, March 5, 2024
Technology, Packaging, Engineering, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, Transport, Software, Other Manufacturing, Data Management, Logistics, Supply Chain Management, Textiles, Steel, CAD, Product management, PLM, DevOps, Organization, Environment, Communication, SVP

Aras , a leader in product lifecycle management (PLM) and digital thread solutions, announced today new enhancements for Aras Innovator®, its open and adaptable platform for deploying PLM and digital thread solutions.

Key Points: 
  • Aras , a leader in product lifecycle management (PLM) and digital thread solutions, announced today new enhancements for Aras Innovator®, its open and adaptable platform for deploying PLM and digital thread solutions.
  • Aras Innovator forms an extensible digital thread, serving as a data backbone for digital engineering and the broader digital enterprise.
  • Aras Innovator is the only PLM platform with a fully integrated low-code development environment.
  • These new capabilities further differentiate Aras Innovator as the digital thread and PLM solution for organizations that prioritize scalability, flexibility, and openness.”

Disruption at Raw Material Supplier: OQ Chemicals Declares Force Majeure for Oberhausen Products

Retrieved on: 
Monday, March 4, 2024
Other Manufacturing, Textiles, Packaging, Engineering, Chemicals, Plastics, Automotive Manufacturing, Oil, Gas, Manufacturing, Energy, TCD

OQ Chemicals declares Force Majeure for certain products manufactured at the Oberhausen, Germany site due to a significant disruption at a raw material supplier.

Key Points: 
  • OQ Chemicals declares Force Majeure for certain products manufactured at the Oberhausen, Germany site due to a significant disruption at a raw material supplier.
  • On February 27, a substantial operational disruption occurred at a raw material supplier's synthesis gas unit located at the OQ Chemicals' Oberhausen site.
  • The site partner produces technical gases, including synthesis gas, which is supplied to OQ Chemicals as raw material for further processing.
  • Currently, OQ Chemicals is unable to provide more detailed information on the duration of the situation.

Culp, Inc. to Webcast Third Quarter Fiscal 2024 Conference Call

Retrieved on: 
Friday, March 1, 2024
Manufacturing, Home Goods, Other Manufacturing, Textiles, Retail

Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2024 conference call on Thursday, March 7, 2024, at 11:00 a.m.

Key Points: 
  • Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2024 conference call on Thursday, March 7, 2024, at 11:00 a.m.
  • During this call, Culp will review the company’s financial and operating results for the third quarter ended January 28, 2024.
  • A press release announcing these results will be issued after the close of market trading on Wednesday, March 6, 2024.
  • The live webcast of Culp’s conference call will be available under the “Upcoming Events” section on the Investor Relations page of the company’s website, www.culp.com , on Thursday, March 7, 2024, beginning at 11:00 a.m.

johnnie-O Announces the Launch of the Brand’s First-Ever Women’s Capsule Collection

Retrieved on: 
Friday, March 1, 2024
Luxury, Textiles, Women, Department Stores, Other Retail, Manufacturing, Fashion, Consumer, Retail, Collection, Jess, Woman, Summer, Multimedia, NHL, Growth, Dallas–Fort Worth metroplex, PGA Tour, System, Autumn, E-commerce, Fashion design

View the full release here: https://www.businesswire.com/news/home/20240301149652/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240301149652/en/
    johnnie-O announces the launch of the brand's first-ever women's capsule collection.
  • (Photo: Business Wire)
    The women’s capsule collection has been thoughtfully curated to blend comfort with everyday essentials through various styles, including transitional dresses, on-trend matching sets, and luxuriously soft sweaters.
  • The capsule collection embodies the laid-back johnnie-O spirit while bringing timeless style to luxe pieces, from garment-washed French terry to ultra-soft knits and wovens.
  • The brand also recently launched an NHL Collection for men and boys, in addition to its MLB Collection, NCAA Collegiate Collection, and select PGA Tour and USGA Golf Tournament Collections.

Kyocera Document Solutions - The fabric printed by the sustainable inkjet textile printer "FOREARTH" was presented as a collaboration work by the fashion brand "ANREALAGE" at the Paris Fashion Week ® Fall/Winter 2024-25

Retrieved on: 
Thursday, February 29, 2024
Women, Hardware, Textiles, Technology, Consumer, Fashion, Manufacturing, Retail, Collection, Clothing, Water resources, Kyocera, Multimedia, Human, Water, Textile printing

This collection was held in Paris, France from Monday, February 26 to Tuesday, March 5, 2024.

Key Points: 
  • This collection was held in Paris, France from Monday, February 26 to Tuesday, March 5, 2024.
  • The collaboration work with Kyocera was announced on Tuesday, February 27.
  • Proprietary pigment ink realizes both soft hand-feel prints and high fastness in a wide range of fabrics.
  • I was very impressed that the fabric printed with FOREARTH achieves the vibrant and high-definition expression even with little water, and that the softness of the fabric was maintained.

Origin Materials, Inc. Reports Operating and Financial Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Thursday, February 29, 2024
Packaging, Chemicals, Plastics, Environment, Manufacturing, Sustainability, Other Manufacturing, Textiles, CFO, SOX, Oxygen, Engineering, Accounting, Chemistry, Research, HTC, FP, Risk management, Marketing, CPG, Plant, Retirement, Sale, Biomass, ID, HDPE, Letter, Carbon, Risk, PP, Audit committee, GAAP, Webcast, CO2, Intellectual property, Oil, Science, Recycling, CMF, PET, Face, Depreciation, KPMG, Partnership

Origin Materials, Inc. (“Origin,” “Origin Materials,” or the “Company”) (Nasdaq: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced financial results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • Origin Materials, Inc. (“Origin,” “Origin Materials,” or the “Company”) (Nasdaq: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced financial results for its fourth quarter and year ended December 31, 2023.
  • Net loss was $10.4 million for the fourth quarter compared to net income of $16.0 million in the prior-year period.
  • Adjusted EBITDA loss was $11.0 million for the fourth quarter compared to $9.2 million in the prior-year period.
  • Company management will host a webcast and conference call on February 29, 2024, at 5:00 p.m. Eastern Time, to discuss the Company's financial results.

Reminder: AEO Inc. to Report Fourth Quarter and Full Year Fiscal 2023 Results and Present Long-term Strategy and Financial Plan on March 7th

Retrieved on: 
Wednesday, February 28, 2024
Textiles, Teens, Women, Children, Manufacturing, Family, Fashion, Consumer, Retail, AEO, Webcast, American Eagle Outfitters

As a reminder, American Eagle Outfitters (NYSE: AEO) will report fourth quarter and full-year fiscal 2023 results and unveil its new long-term strategy on Thursday, March 7th, 2024.

Key Points: 
  • As a reminder, American Eagle Outfitters (NYSE: AEO) will report fourth quarter and full-year fiscal 2023 results and unveil its new long-term strategy on Thursday, March 7th, 2024.
  • The company will issue press releases in the morning.
  • The webcast can be accessed via this link which is also posted in the Investor Relations section on AEO’s website, www.aeo-inc.com .
  • A replay of the webcast will be archived and made available online on the company’s website.

Suzano Invests R$18.6 Billion in 2023

Retrieved on: 
Thursday, February 29, 2024
Construction & Property, Natural Resources, Textiles, Packaging, Other Natural Resources, Other Construction & Property, Manufacturing, Forest Products, Acquisition, Paper, Investment, Total, Bank statement

Suzano , the world’s largest pulp producer, announces its financial statements for the full fiscal year of 2023.

Key Points: 
  • Suzano , the world’s largest pulp producer, announces its financial statements for the full fiscal year of 2023.
  • Total investment of R$18.6 billion in 2023, a 14% increase on FY22
    FY23 Net revenues of R$39.8 billion, a 20% decrease on FY22
    FY23 Adjusted EBITDA of R$18.3 billion, a 35% decrease on FY22
    FY23 Operating cash generation of R$11.6 billion, a 49% decrease on FY22
    FY23 Pulp sales totalled 10.2 million tons, a 4% decrease on FY22
    FY23 Paper sales totalled 1.3 million tons, a 1% decrease on FY22
    Despite the marked decline in global pulp prices over the course of 2023, Suzano has invested over R$18bn to guarantee its future success.
  • “Our investment cycle, including the highest annual investment ever, in 2023, represents the largest in our centennial history with over R$50 billion spent between 2019 and 2023.
  • We faced a challenging scenario in 2023 and our results demonstrate the company’s resilience to generate value for our stakeholders.

Kontoor Brands Board of Directors Elects Mary Campbell as New Director

Retrieved on: 
Wednesday, February 28, 2024
Fashion, Retail, Department Stores, Manufacturing, Specialty, Textiles, Psychology, Kontoor Brands, Qurate Retail Group, Marketing, Wrangler, Growth, Central Connecticut State University, KTB, Knowledge, Consumer, E-commerce

Kontoor Brands, Inc. (NYSE: KTB) (the “Company” or “Kontoor”), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that Mary Campbell has been elected to the Company’s board of directors effective immediately.

Key Points: 
  • Kontoor Brands, Inc. (NYSE: KTB) (the “Company” or “Kontoor”), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that Mary Campbell has been elected to the Company’s board of directors effective immediately.
  • Additionally, the Company announced an increase in the size of the Board from seven to eight directors.
  • Ms. Campbell is a senior executive with extensive knowledge in consumer driven product innovation, marketing and brand building, and traditional and new media platforms, as well as leading teams for long term growth and evolution.
  • “We’re excited to welcome Mary to Kontoor’s Board of Directors,” said Scott Baxter, President, Chief Executive Officer & Chair of the Board, Kontoor Brands.

HanesBrands Earns Top Scores from CDP Maintaining Leader Status Among Industry Peers

Retrieved on: 
Wednesday, February 28, 2024
Fashion, Retail, Environment, Manufacturing, Sustainability, Environmental Health, Textiles, CDP, Climate change, HBI, Water, Gold, Ethisphere Institute, Hanesbrands, Carbon, Renewable energy

HanesBrands achieved this recognition for its leadership in transparency, best practices and coordinated action on climate change issues and water security.

Key Points: 
  • HanesBrands achieved this recognition for its leadership in transparency, best practices and coordinated action on climate change issues and water security.
  • CDP’s annual environmental disclosure and scoring process earns widespread acclaim as the gold standard of corporate environmental transparency.
  • “We take great pride in being acknowledged as a frontrunner among industry peers for our transparency and commitment to sustainability, both of which are reflected in our outstanding CDP ratings,” said Steve Bratspies, CEO of HanesBrands.
  • HanesBrands is also very proud to have been named one of the World’s Most Ethical Companies by Ethisphere.