Industry News
Gildan awarded Silver Class Distinction in The Sustainability Yearbook 2021 G
apparel manufacturing with a ninth-consecutive recognition in The Sustainability Yearbook, an award that distinguishes the world’s highest performing sustainable companies. This year, Gildan was awarded a Silver Class distinction, which recognises that the Company’s ESG score is within 1% to 5% of the industry’s highest performing companies. Gildan scored particularly
ildan Activewear has reinforced its position as a sustainable leader in
high in categories related to climate strategy, operational eco-efficiency, occupational health and safety, and risk and crisis management. Once again, Gildan was the only North American company to be recognised as a sustainability leader in the Textiles, Apparel and Luxury Goods industry. Claudia Sandoval, vice president of corporate citizenship at Gildan, said: “We are proud to be part of The Sustainability Yearbook once again, even more so this year as the number of companies assessed increased by close to 50%. This recognition is the
Kornit reports record fourth quarter results K C
ornit Digital has delivered a record fourth quarter, with revenue growing 49% year-over-year to $72.3 million. Ronen Samuel, CEO, said: “We delivered record fourth quarter results, exceeding our expectations on revenue growth, profitability, and net cash from operations, capping off a transformative year for Kornit.
“2020 is the year in which the textile industry hit an inflection point. The massive leap in e-commerce and the exposed inefficiency of the traditional textile supply chain is accelerating the
digital transformation that Kornit is leading. We see new and existing customers significantly expanding production capacity globally, and our recurring consumables business is growing strongly. “We started 2021 more confident than
ever, with accelerating industry tailwinds, an impressive backlog of global expansion projects with strategic accounts that we are in the process of fulfilling, and an extremely robust pipeline.”
This coming year will see Kornit Digital launch a series of new products,
MYUK has launched a samples almanac that showcases the widest range of sign and display materials, textiles and digital-ready fabrics currently available to digital wide format
print producers.
Samples are presented in three binders that are conveniently arranged according to application and market sector. They are available in both physical and online virtual formats. Binder 1 presents innovative new textiles such as UFabrik ECO products produced with yarn from recycled plastic bottle waste, perfect for frontlit/ backlit applications in retail, events and exhibitions, light management, soft signage, staging, events, front/ back projections, wallcoverings and staple wrap-around frames. Binder 2 houses all the latest developments in materials for exhibitions, retail and textile architecture for interiors, a growth market that has tripled in the last decade. The hospitality, corporate and heritage sectors have recognised both the aesthetic and practical advantage of resurfacing walls in this way, realising they can retain a high-quality surface finish that can be replaced cleanly within hours, avoiding any mess or disruption. Binder 3 is a testament to advancements in digital textile printing. The stunning collection of recyclable polyester-based materials represent a broad range of textures and finishes that emulate the look and handle of natural fabrics essential requirements for upholstery and decorative interiors. Michael Crook, business development director CMYUK, said:
“We are very proud of our new sample materials portfolio. We have the widest range of products showcased from display film all the way through to sporting apparel, and every conceivable application in between.
|10| March 2021
including a ground-breaking proprietary 3D textile application that will bring to the market unique embroidery, high-density printing, and vinyl heat transfer effects. Mr Samuel says this will significantly expand Kornit’s addressable market and activity with the world’s largest brands.
In 2018 Kornit laid out its management goal to become a $500 million revenue run rate business at the end of 2023, which Mr Samuel says they are more confident than ever in Kornit’s ability to achieve this goal ahead of plan.
CMYUKlaunches three new materials sample binders
result of our commitment towards continuously identifying risks, measuring impacts, and disclosing transparent results.”
Manjit Jus, global head of ESG research at S&P Global, added: “We congratulate Gildan on its Silver Award in The Sustainability Yearbook 2021, which showcases the best performing companies among industry peers and in terms of financially material ESG metrics. With over 7,000 companies assessed, an inclusion in the yearbook is a true statement of corporate sustainability excellence.”
The three materials sample binders
“We anticipate a great deal of interest around many of our new products. Our stunning new sample binders plus online advice from a dedicated account manager, guarantees the right materials for all applications from display to décor and fashion.” All sample folders can be viewed online. Alternatively customers who wish to receive a physical binder set need to complete a quick enquiry form which is available on CMYUK's website.
www.printwearandpromotion.co.uk
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