All News briefs articles – Page 152
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News briefsRenewcell posts triple-digit sales growth in FY22
Renewcell, the Swedish dissolving pulp manufacturer, reported net sales of 12.6 million Swedish kronor (€1.1m) for the full year to Dec. 31, 2022, up from SEK 2.8 million (€253K) in the previous year. Through its patented process, the company produces a dissolving cellulose pulp known as Circulose from 100 percent ...
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News briefsCheckerspot closes $55 million funding round
Biotech firm Checkerspot has announced the close of a $55 million Series C financing led by ArrowMark Partners, with participation from Cox Enterprises and other new and existing investors. The funding is supposed to accelerate Checkerspot’s development and commercialization of high-performance, bio-based alternatives for everyday products and to boost Checkerspot’s ...
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News briefsBrain Biotech and AMSilk to develop high-performance bio-based protein fibers
Biomaterial specialist AMSilk, based in Munich, and industry solutions provider Brain Biotech have entered a partnership to accelerate the development of high-performance fibers for the performance materials market. AMSilk produces biotechnological materials based on renewable carbon structural proteins that are fully recyclable, biodegradable and contain no microplastics. The company’s Biosteel ...
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News briefsTMC becomes contributor to the Roadmap to Zero program
The Microfibre Consortium (TMC) has now become a part of the ZDHC Foundation’s Roadmap to Zero program. The technical committee of TMC includes representatives from various sectors of the global textile industry, chaired by Phil Patterson, who also serves as chair of the ZDHC MRSL advisory council. The two organizations ...
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News briefsPatagonia, Salomon and others joined by new member in fiber-to-fiber consortium
A fiber-to-fiber consortium founded in 2022 by Patagonia, Salomon, On, Puma, and the green biotech company Carbios, has welcomed a new collaborative partner: Fashion company PVH Corp (which includes brands Calvin Klein and Tommy Hilfiger). According to the consortium agreement, during the two-year collaboration, member brands will test and enhance ...
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News briefsJohan Svanström to leave RVRC’s board of directors
Johan Svanström informed the board of directors of RVRC Holding AB (RevolutionRace) that he wishes to resign from his position as a member of the board effective Feb. 24, 2023. Svanström is taking on a role as CEO of Rightmove, a U.K. listed company, and is unable to continue his ...
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News briefsFiloFlow and C.L.A.S.S to curate a new sustainability service
At the 59th edition of the Filo international exhibition of yarns and fibers for woven and knitted fabrics for apparel, furnishings and technical textiles, FiloFlow and C.L.A.S.S will together curate a “Sustainability from A-Z” desk, designed to orientate companies in matters of sustainability in textiles. Topics covered include certifications for ...
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News briefsEuropean Parliament calls for an EU Cycling Strategy
The European Parliament has adopted a Resolution calling for an EU cycling strategy. The Resolution on developing an EU Cycling Strategy tasks the European Commission with doubling the number of kilometers cycled in Europe by 2030. Whilst legally non-binding, it is a key document to shape future policy priorities and ...
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News briefsYeti appoints McMullen as CFO
Yeti, the U.S. designer, retailer and distributor of outdoor products, has announced the appointment of Mike McMullen as its senior vice president, chief financial officer and treasurer. McMullen has served as the company’s interim CFO since October 2022. McMullen joined Yeti in 2016 as head of financial planning and analysis ...
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News briefsOutdoor Research has a new U.K. partner
Seattle-based Outdoor Research (OR) has announced a new licensing partnership with U.K.-based Brigantes Consulting Limited to launch new products under the OR Pro brand across Europe and the Middle East. Tactical apparel and equipment procurement specialists Brigantes has been a defense supplier to NATO military and elite police units since ...
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News briefsPolygiene Group restructure, reports Q4 operating loss
Polygiene Group recorded a net loss of 5.1 million Swedish krona (-€480,000) against a profit of SEK 39.0 million (€3.9m) for the period ended Dec. 31. Ebitda came in at SEK 1.9 million, excluding an inventory adjustment, restructuring costs, and expenses related to the acquisition of Biomaster and ending a ...
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News briefsHelly Hansen revenues increase by 21% in 2022
Annual revenues for Helly Hansen, the Norwegian outdoor brand owned by Canadian Tire, were C$781.2 million (€571.1m) versus C$644.9 million. An estimated 91 percent of Helly Hansen’s sales total, or C$710.7 million (€519.6m), was generated in markets outside of Canada. That represented a 20 percent year-over-year increase. Meanwhile, Canadian Tire ...
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News briefsPolygiene with new distributor in China
To accelerate growth in China, the Polygiene Group has signed an agreement with Suzhou Standing TextileTechnologies Ltd (SST), a Jiangsu province-based textile supplier and distributor for national and global brands. Increasing sales by working closely with distributors as sales partners is a key component of Polygiene’s growth strategy in China, ...
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News briefsHuntsman closes sale of Textile Effects division
Huntsman Corporation announced Feb. 15 that it has received all necessary regulatory approvals to complete the sale of its Textile Effects division to Archroma, a portfolio company of SK Capital Partners, previously announced last August. Both parties expect the transaction to close on Feb. 28, 2023. “Our teams have been ...
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News briefsThe Lycra Company names new CLO
Source: The Lycra Company Cathy Spicer The Lycra Company has announced that Cathy Spicer joined the company on Feb. 7 as chief legal officer (CLO). Spicer joins the company after most recently serving as CLO and corporate secretary of Tailored Brands, Inc., which includes retailers Men’s Warehouse ...
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News briefsBetter Cotton Conference 2023 registration opens
Tickets for the coming Better Cotton Conference 2023, held in Amsterdam on June 21 and 22, can now be purchased for early-bird ticket prices (discounted only before March 15). The conference will be opened with a welcome reception on the evening of June 20 and hosted in a hybrid format ...
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News briefsJack Wolfskin launches new light hiking campaign
With its new campaign ”Hiking Greece – defying the heat”, Jack Wolfskin (JW) introduces its new light hiking collection going to market this summer. At the core of the campaign, a group of hikers travels along historical paths in Greece leading through spectacular landscapes and the characteristic ...
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News briefsSalomon publishes first impact report
Following its sister company Atomic’s impact statement, Salomon has also published its first-ever annual sustainability report. After a full carbon inventory, the French brand’s science-based targets have been officially approved for 2022 (aiming for a 50 percent absolute reduction in Scope 1 & 2 carbon emissions and a 30 percent ...
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News briefsAdidas Terrex opens pop-up in Chamonix
Adidas Terrex has inaugurated a store in Chamonix-Mont-Blanc, its first in France. According to Sport Guide, the pop-up store should remain in place for at least 12 months. Adidas said that the pop-up format made it easier for the brand to accelerate the opening. The company had initially planned to ...
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News briefsSalomon launches first shoe featuring SCF-made Elastollan
Source: BASF Elastollan® in midsole powered by SCF foaming technology Salomon is releasing the Index.02 running shoe with a midsole featuring Elastollan made with Supercritical Fluid (SCF) direct injection foaming technology. Elastollan is the brand name for BASF’s thermoplastic polyurethane (TPU). The Salomon Index.02 marks the ...
