All Ingredient Brand articles – Page 5
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News briefsU.S. startup AlgiKnit secures $13 million in Series A funding
AlgiKnit, a North Carolina-based startup with secondary offices in New York City that develops sustainable textiles from seaweed, has received $13 million in a Series A financing led by Collaborative Fund. New investors include H&M CO:LAB, the investment arm of Swedish apparel retailer H&M Group, Starlight Ventures and Third Nature ...
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ArticleThe Lycra Company announces new ownership
A group of financial institutions, including Lindeman Asia and Lindeman Partners Asset Management, has assumed full capital control of The Lycra Company.
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ArticleClosed paper mill in Finnish Lapland becomes Infinited Fibers' new factory
After talking earlier this year of plans (as reported by our sister publication, The Outdoor Industry Compass) to invest some €220 million in a new regenerated textile fiber factory – though no site had reportedly been found at the time – fashion and textile technology company Infinited Fiber Company now ...
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News briefsUnifi announces share repurchase program, leadership and board updates
Unifi, the U.S.-based manufacturer of recycled and synthetic yarns, including Repreve, announced that it repurchased 500,000 shares of its common stock from certain entities affiliated with Impala Asset Management LLC for $6.8 million. The repurchase was made under Unifi’s previously announced share repurchase program. Accordingly, Unifi repurchased a total of ...
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News briefsPolygiene hires new CFO
Source: Polygiene Group Niklas Blomstedt, new Polygiene CFO Niklas Blomstedt has been appointed Polygiene Group’s new chief financial officer, replacing Nina Forsvall. He brings a solid background in finance, having worked at Ericsson and Haldex, among others. Most recently, he served as VP and head of finance ...
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News briefsPuma and Sympatex start product partnership
Improving the recyclability of products is one of the goals Puma has set out in its sustainability report, as is a reduction in its carbon footprint. As part of the evolution of the company’s strategy, the German brand has now partnered with materials provider Sympatex to develop and use more ...
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ArticleMips with new strategy, updated financial targets
At Capital Market Day 2022 in Stockholm on June 9, Swedish helmet technology and “Brain Protection System” (BPS) manufacturer Mips AB unveiled its new long-term strategy with updated financial targets and strategic priorities for the coming years. The reason for revising the company’s strategy and long-term financial targets is not ...
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News briefs
Youngone wins ISPO Textrends with new synthetic insulation
For its new synthetic insulation material Ecoloft ActiVe SR that incorporates 35 percent bio-based Sorona, 55 percent recycled polyester and a 10 percent share of virgin polyester, the Korean company Youngone has received the ISPO Textrends Award 2023/24. The new insulation is a vertical, overlapping fiber construction that aims for ...
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News briefsThermore launches recycled version of EVOdown hybrid insulation
Italian ingredient brand Thermore, which specializes in the research, development and production of thermal insulation for apparel, has launched a recycled version of EVOdown, a wrapped type of blow-in fiber made from 100 percent recycled fibers from PET bottles. According to the manufacturer, EVOdown bridges the gap between free fibers ...
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News briefsPangaia and Spiber launch sweatshirt made from brewed protein fibers
Pangaia has released a limited-edition sweatshirt, made in partnership with Japanese biomaterials manufacturing group Spiber, featuring biotech Brewed Protein fibers and organic cotton. Spiber’s Brewed Protein materials are made from plant-derived biomass using a proprietary fermentation process. Brewed Protein polymers can be transformed into various forms, from delicate filament fibers ...
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News briefsNew global director for apparel at Amann Group
Source: Amann Group Jochen Lagemann, Global Director Business Unit Apparel & Specialities Amann Group, a German manufacturer of high-quality sewing threads, embroidery threads and smart yarns, announced that Jochen Lagemann joined the company as global director of its business unit Apparel & Specialities on May 30, 2022. ...
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ArticleCoDi to acquire PrimaLoft
Compass Diversified (CoDi), the Connecticut-based owner of several sporting goods brands, including Boa Technology, 5.11, Marucci Sports and Velocity Outdoor, announced that it has entered into a definitive agreement to acquire the equity of PrimaLoft Technologies Holdings, Inc, the parent company of the PrimaLoft business and brand, at an enterprise ...
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News briefsPolygiene hires Frank Stevens as its first COO
Source: Polygiene Frank Stevens The Swedish Polygiene Group has hired Frank Stevens in the newly created role of chief operating officer, aiming to facilitate scalability and support processes within the company. Stevens is a textile chemicals specialist with more than 30 years of experience in the industry. ...
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ArticleDifference in understanding of concussion causes and potential risk reduction in the U.S. and Germany
A survey conducted by consumer survey firm Nielsen and commissioned by Mips, the Swedish helmet safety technology company, has found that a wide gap exists between Americans’ and Germans’ knowledge of concussions and how to reduce the risk of concussions through helmet use. Nielsen surveyed a representative sample of 1,000 ...
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News briefsBemis acquires French company Protechnic
Bemis Associates, a U.S. manufacturer of thermoplastic films, tapes and adhesives for bonding catering to various industries, including sportswear, outerwear and intimates, has acquired France-based manufacturing company, Protechnic. The two companies have complementary products and technologies and a strong alignment in their corporate values and culture. Protechnic’s focus on global ...
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ArticleMips reports excellent first quarter
In the first quarter of fiscal 2022, Swedish helmet technology and Brain Protection System (BPS) manufacturer Mips AB reported preliminary net sales of SEK 137 million (€13.22 million), an increase of 65.1 percent year-on-year. Organic growth amounted to 48 percent during the quarter. It is mainly based on the success ...
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ArticlePolygiene posts higher net sales in Q1, sees decline in operating profit
Polygiene reported a rise in first-quarter sales, despite ongoing difficulties due to inflation, supply-chain constraints and the war in Ukraine. The Swedish firm reported net sales of 45.1 million Swedish kronor (€4.3m) for the three months to March 31, an increase of 7.5 percent compared to the same period last ...
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News briefsJP Modatex premiers stretch linen with DuPont Sonora fibers
JP Modatex, an Indian manufacturer of premium and specialty ring spun yarns for apparel and home textiles, has managed to blend linen fibers with DuPont’s Sonora stable fibers, a partially plant-based polymer material, to create ring-spun linen-based yarns and fabrics that offer comfort stretch. As linen is so far impossible ...
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News briefsPangaia launches world’s first shirts made from 100% Infinna
Pangaia, a London-based materials science company, and Infinited Fiber Company, a Finnish circular fashion and textile biotechnology company, have introduced the world’s first shirts made from Infinna™, a new textile fiber produced entirely from textile waste. This is the first time a shirt made from 100 percent Infinna, a regenerated ...
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News briefsYKK adds WaveOn to its software partner’s list for Touchlink fasteners
YKK has announced that the California-based software service provider WaveOn is joining its network of software partners supporting the YKK’s Touchlink fasteners enabled with Near Field Communication (NFC) technology. WaveOn looks to combine its software with the Touchlink hardware to help brand customers create a digital access point that can ...
