Lectra announces the signature of an agreement to acquire 51% of the capital and voting rights of the Dutch company TextileGenesis. As a major player in the fashion, automotive, and furniture markets, Lectra contributes with boldness and passion to the Industry 4.0 revolution by providing software, equipment, data, and services to brands, manufacturers, and retailers. [...]
Mannington Commercial, a leading manufacturer of commercial flooring products crafted with purpose, is announcing Richard French as its new president. He replaces Tom Pendley, who was promoted to COO of Mannington Commercial’s parent company, Mannington Mills, last month. A veteran of the floor covering industry his entire career, French was most recently the senior vice [...]
VF Corp. interim CEO Benno Dorer VF Corporation announced that Benno Dorer, Lead Independent Director of the board of directors, has been named interim president and Chief Executive Officer, effective immediately. Richard Carucci, a director on the board since 2009, will serve as interim chairman of the board. Dorer’s appointment follows Steve Rendle’s decision to [...]
Economic activity in the manufacturing sector contracted in November for the first time since May 2020 after 29 consecutive months of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: [...]
The ITMA 2023 online visitor registration platform is open for registration. Visitors can enjoy early bird rates until 7 May 2023 when they buy badges online at www.itma.com. A one-day badge costs 40 euros, and a seven-day badge is 80 euros. Students can visit the exhibition from 10 to 14 June 2023 at a special rate [...]
Kingly Ltd. is the first zero-waste textile company that creates sustainable products for the promotional industry. The company just introduced its “Upcycling project” which intends to retrieve textile waste not for recycling but for using it to create new products. “One of earth’s biggest polluters is the textile and apparel industry and its environmentally detrimental [...]
Phillip "Phil" Eugene Russell, 70, of Mansfield, Ohio passed away on Wednesday, November 23, 2022. He passed away quietly in his home surrounded by close family members after a very long, courageous battle with cancer. Phil was born July 14, 1952, in Mt. Gilead, Ohio to Edd and Loretta Mae Russell. He grew up with two [...]
Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, today announced the acquisition of L2 Brands, a designer, manufacturer, and marketer of custom apparel and headwear for the collegiate, destination and leisure, and corporate markets. Financial terms of the deal were not disclosed. With a heritage dating back more than 30 [...]
Rainier Industries announces the acquisition of Outdoor America Images (OAI) Corporation, located in Tampa, Fla. Together, Rainier Display and OAI offer a full suite of services nationwide, including design, print, dimensional fabrication (wood and metal), project management and installation. Each organization is well established with designers and other wholesalers, and this merger is will strengthen [...]
Arvind Limited, India’s largest textile to technology conglomerate, and PurFi Global LLC, a sustainable technology company specializing in rejuvenating textile waste into virgin quality products, announced a joint venture to reduce the amount of textile waste going to landfills. Significant transformations across the fashion industry have led to a dramatic rise in “fast fashion.” The [...]
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