Industry News A
Headline sponsor announced for the PCIAW Summit & Awards
s a pioneer in hi-tech sustainable materials and owner of the first in-house circular economy offering, Meryl Fabrics is proud to launch its range of recyclable textiles as a headline sponsor of the Professional Clothing Industry Association Worldwide, PCIAW Summit & Awards 2022. The 2022 PCIAW Summit & Awards will take place on October 11 and 12 at the Park Plaza London Riverbank. The networking event and exhibition connects industry professionals from around the world throughout the supply chain. With Meryl Fabrics innovating to solve the sustainability problem of textiles, the company will help to preside over one of the largest gatherings of global apparel
executives and influencers and further industry collaboration.
Peter Clodd-Broom, co-founder and director of Meryl Fabrics, said: “Partnering with PCIAW made sense for Meryl as we focus on radically transforming the sustainability of professional clothing. “Our fabrics are certified to eradicate microplastic pollution and water waste, while removing the need for chemicals and solvents, in a fully circular system.” Yvette Ashby, founder and CEO of PCIAW, added: “PCIAW is the first member-led organisation to represent the global companies of the professional clothing industry.
“We encompass the entire supply chain from buyers, suppliers, manufacturers, and distributors and take pride in being the association that connects international partners for collaboration and education.
Challenging start to 2022 for Kornit D F
espite posting a first quarter revenue of $83.3 million (up 26% on 2021), Kornit Digital also recorded an operating loss of around $6.9 million suggesting a challenging start to 2022.
Alon Rozner, Kornit’s chief financial officer, said that the period January to March saw good diversification across the business and strong revenue performance in all regions. Looking ahead to the second quarter of 2022, Kornit expects revenue to be in the range of $85 million to $95 million. Mr Rozner added: “Given our proactive supply chain initiatives, we remain confident
in our ability to deliver on all our 2022 customer commitments and continue to leverage our strong balance sheet to secure 2023 requirements.” Ronen Samuel, CEO, confirmed that as business they remain confident that Kornit is on track to become a billion-dollar company in 2026.
He added: “The tailwinds driving the industry to on-demand sustainable production are intensifying with an accelerated level of focus to shifting a substantial amount of impressions to nearshore, short-medium run production, addressing evolving online and retail
Result releases third edition recycled brochure
ollowing the successful launch of its Genuine Recycled range, Result has announced the release of its third edition recycled brochure. Printed on FSC certified paper, the brochure includes a quick reference lexicon and clear explanation of the process involved from plastic to product and features all styles including those new for 2022. The brochure presents all styles using lifestyle and product photography and has handy symbols for recommended decoration methods.
| 12 | June 2022
The full brochure is available to download online along with in-depth garment specs and printable PDF data sheets for all styles.
business models. We believe our unmatched portfolio of mass-production Max solutions, including our recently announced Kornit Apollo – all powered by our unique KornitX platform – place Kornit in a great position to capitalise on these evolving and accelerating market opportunities and trends.
“While we are certainly not immune to overall macro-economic headwinds and near-term volatility, which we see impacting our second quarter growth, we continue to expect to deliver, ahead of plan, on the $125 million run-rate business we originally targeted for the fourth quarter 2023.”
Spall Sports adds kit designer tool to website
B The front cover of the new brochure
espoke sportswear manufacturer Spall Sports has added a kit designer tool to its website. The tool allows sports teams and clubs to choose from a range of products and colours and design their own kits online. Sports covered include basketball, cricket, cycling and athletics. Once your kit has been built, just add your team logo, plus any text and submit your order.
www.printwearandpromotion.co.uk
I am proud to have Meryl Fabrics as a trusted member and as a headline sponsor of the PCIAW Summit & Awards 2022. Their innovation and dedication to the sustainable transformation of our industry are exactly what we need to see, and I am excited to support them on their mission for global growth.”
The PCIAW Summit 2022 will focus on the key issues of the day, with expert speakers sharing exclusive insights on solutions and opportunities in times of disrupted supply chains with a glimpse into the future of the technology-driven professional clothing industry. Following the Summit, the PCIAW Awards 2022, will celebrate success, progress, and rising stars in the industry with a champagne reception and three-course gala dinner.
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