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Allbirds, H&M and Zara use recycled yarns from this Virginia startup that's backed by Patagonia
CNBC· 2025-11-24 21:40
Core Insights - The fast fashion industry is a significant environmental issue, contributing to high water consumption, carbon emissions, and pollution, while also increasing microplastic and textile waste [1] - The fashion industry is responsible for 4% to 10% of global greenhouse gas emissions, yet less than 1% of clothing is recycled into new garments due to the complexity of fabric blends [2] Company Overview - Circ, founded in 2011, has developed technology to separate polycotton materials into their original components, allowing for regeneration into new, virgin quality materials [3] - Circ's hydrothermal technology can recycle polyester and cotton, which together account for approximately 77% of the global textile market [3] Business Model - Circ sources old clothing that cannot be thrifted, repaired, or resold, and after breaking down the fibers, sells them back into the clothing supply chain [4] - Notable brands such as Allbirds, Zara, and H&M utilize Circ-recycled textiles in their products [4] Market Position - Circ's approach includes a small price premium, which is considered acceptable for environmentally conscious brands like Patagonia, an investor in Circ [5] - The company has raised a total of $100 million from various investors, including Patagonia and Temasek, to support its scaling efforts [6] Expansion Plans - Circ is headquartered in Danville, Virginia, and is expanding globally with its first industrial-sized textile-to-textile recycling plant located in France [7]
How Diversity and Direct Brand Relationships Are Driving Growth for Copen United
Yahoo Finance· 2025-11-24 16:47
Core Insights - Copen United emphasizes the importance of linings in enhancing a brand's image and customer connection through thoughtful design choices [1][4] - The linings division collaborates with brands to create custom designs that cater to various market segments, from luxury to budget-friendly [2] - Copen's geographical diversity and product portfolio provide sourcing flexibility and risk mitigation, addressing the demand for product transparency [3] Company Strategy - The company aims to create synergies across its product segments, offering cohesive packages that include linings, waistbands, and pocketing [2] - Copen positions itself as a serious partner in the sourcing process, focusing on delivering solutions rather than just products [4] Industry Relationships - Building and maintaining relationships with brands involves deep industry knowledge, understanding trends, and integrating with design and merchandising teams [5] - The success in the fashion industry relies on a partnership approach that translates brand vision into high-quality products, enhancing perceived value [5]
Stitching Dreams Into the Sky | Shravan Kummar | TEDxPORPS Youth
TEDx Talks· 2025-11-24 16:31
Hi, I'm Shan Kumar. Very very happy to be associated TEDex and uh Po Ready public school year. I think it's it's actually honor to be heard among you all creative minds with a lot of creative impulse and an ejection without a full stop or today when uh people from the school came and halted held up telling that the theme is pinkish sky uh yeah we raised our eyebrows at studio you know why the reason is uh not the color it is about imagining something which is beyond blue.Everybody looks at sky just blue. Bu ...
MaxsMaking Inc. Rings Nasdaq Closing Bell, Marking a New Chapter in Global Growth and Innovation
Prnewswire· 2025-11-12 13:00
Core Insights - MaxsMaking Inc. celebrated its Nasdaq listing with a bell-ringing ceremony on November 5, 2025, marking its emergence as an innovation-focused manufacturer in the global market [1][2] - The company aims to leverage proprietary technologies and sustainable practices to enhance its competitiveness in the customized consumer goods sector, particularly in small-batch textile customization [2][3] Company Overview - Founded in 2007 and headquartered in Shanghai, MaxsMaking specializes in customized consumer goods, integrating digital production, software development, product design, brand management, online sales, and international trade [3] - The company operates production facilities in Zhejiang and Henan provinces, focusing on delivering high-quality, cost-effective products while emphasizing environmental protection and social responsibility [3] Future Outlook - The CEO of MaxsMaking expressed that the Nasdaq listing serves as a springboard for new opportunities, aiming to strengthen the company's potential and lay a foundation for sustainable growth [2] - With rising global consumer demand for personalized products, MaxsMaking plans to capture new market opportunities through its technology and integrated operations [2]
1 Volatile Stock Worth Investigating and 2 We Ignore
Yahoo Finance· 2025-11-07 18:44
Core Viewpoint - The article discusses the volatility in the stock market, highlighting that while it presents opportunities, it also increases risks, making both significant gains and declines possible. The focus is on identifying one stock with potential for high returns and two stocks that are not recommended for investment. Group 1: Stocks to Sell - Albany (AIN) is a global textiles and materials processing company with a rolling one-year beta of 1.45, trading at $49.48 per share, which corresponds to a forward P/E of 16.1x [2][4] - Orion (ORN) provides construction services for marine infrastructure and industrial projects, has a rolling one-year beta of 2.34, and is priced at $10.09 per share, reflecting a forward P/E of 40.4x [5][7] Group 2: Stock to Watch - Community Bank (CBU) is a financial holding company with a rolling one-year beta of 1.09, offering various financial services. Its annual revenue growth over the last two years was 10.8%, indicating an increase in market share [8][11] - CBU's earnings per share grew by 5.5% annually over the last two years, significantly outperforming its peers [11] - The expected tangible book value per share growth of 20.2% suggests that CBU's capital strength will likely improve over the next 12 months [11]
Unifi(UFI) - 2026 Q1 - Earnings Call Presentation
2025-11-05 13:30
Financial Performance - Q1 Fiscal 2026 - Revenue was $135.7 million, a decrease of 7.9% compared to Q1 Fiscal 2025[14, 31] - Adjusted EPS was $(0.56), a decrease of 33% compared to Q1 Fiscal 2025[14] - Adjusted EBITDA was $(2.5) million, a decrease of 177% compared to Q1 Fiscal 2025[14] - REPREVE® Fiber sales accounted for 29% of net sales, a decrease of 100 bps compared to Q1 Fiscal 2025[14] - Gross profit was $3.4 million, a decrease of 64.2% compared to Q1 Fiscal 2025[31] - Gross margin was 2.5%, a decrease of 390 bps compared to Q1 Fiscal 2025[31] Segment Performance - Q1 Fiscal 2026 - Americas net sales were $85.2 million, a decrease of 1.3% year-over-year, with a gross loss of $(1.7) million[35] - Brazil net sales were $28.8 million, a decrease of 16.2% year-over-year, with a gross profit of $2.7 million[39] - Asia net sales were $21.7 million, a decrease of 18.9% year-over-year, with a gross profit of $2.4 million[43] Strategic Outlook - The company expects improved free cash flow through the remainder of fiscal 2026 due to cost actions and working capital reductions[47] - The company anticipates revenue improvement in calendar 2026, supported by a clearer global trade situation[51]
24/7 Market News- Kraig Labs' Spider Silk Breakthrough Poised to Rival Nylon's 1939 Revolution
Globenewswire· 2025-11-04 13:35
Core Insights - Kraig Biocraft Laboratories is positioned to revolutionize the materials industry with the commercial launch of recombinant spider silk fibers and fabrics, drawing a historical parallel to DuPont's introduction of nylon in 1939 [1][7][12] Industry Overview - The global fiber economy was valued at approximately $10 billion when nylon was launched, whereas the current market for textiles and advanced materials is estimated to exceed $1 trillion, indicating a significantly larger opportunity for recombinant spider silk [9] - The demand for sustainable materials is increasing, driven by regulations such as the EU Green Deal, which mandates the adoption of plastic-free alternatives and net-zero emissions [11] Product Characteristics - Recombinant spider silk is bioengineered from genetically enhanced silkworms, offering superior properties compared to traditional materials: tensile strength up to 1.8 GPa, toughness of 300 MJ/m³, and full biodegradability [10] - The material is not only stronger and more flexible than nylon but also produced with minimal environmental impact, making it a renewable alternative to petrochemical fibers [3][10] Company Achievements - Kraig Biocraft Laboratories has achieved record-breaking production yields in 2025 and is preparing to deliver samples to customers in the fashion and performance textile sectors [5][13] - The company has successfully transitioned from research to commercial production, marking a significant milestone in the development of spider silk technology [4][13] Competitive Landscape - Other companies in the U.S., Japan, Germany, and China have attempted to produce spider silk but have not achieved scalable production, highlighting Kraig's unique position in the market [8]
DuPont and Hohenstein to Launch New Testing Protocols for Body Armor Comfort and Mobility Assessment
Prnewswire· 2025-11-03 14:02
Core Insights - DuPont has launched three innovative testing protocols for evaluating the comfort and mobility of soft ballistic body armor, developed in collaboration with Hohenstein, a textile research institute [1][4][5] Company Overview - DuPont is a global innovation leader providing technology-based materials and solutions across various industries, including electronics, transportation, construction, water, healthcare, and worker safety [7] - Hohenstein is a family-owned company with over 75 years of experience in testing, certification, and research, offering a comprehensive service for businesses along the entire value chain [8] Testing Protocols - The three new testing methods include: - Lower Costal Bending (LCB) Test, which simulates upper body bending motions and measures energy loss due to armor stiffness [9] - Double Curvature Compression (DCC) Test, which assesses how well ballistic materials conform to the body's complex curves [9] - Edge Pressure (EP) Test, which evaluates localized pressure points at the vest edges that often cause discomfort [9] Industry Impact - The new testing protocols aim to enhance the comfort and flexibility of body armor, addressing critical needs of law enforcement and military personnel [3][5] - The collaboration between DuPont and Hohenstein focuses on quantifying and standardizing flexibility in body armor, ensuring that protection and comfort are aligned [5]
人生建议:多出门,真的可以改命
洞见· 2025-11-03 03:00
Core Viewpoint - The article emphasizes the importance of exploring the world to gain insights and make informed choices, particularly in the context of high-quality Australian products showcased at the China International Import Expo [4][5][22]. Group 1: Event Overview - The China International Import Expo (CIIE) is highlighted as the world's first national-level expo focused on imports, co-hosted by the Ministry of Commerce of the People's Republic of China and the Shanghai Municipal Government [19]. - The expo is characterized by its high level of organization, with official participation from various countries ensuring the authenticity and quality of the brands present [21][22]. - The live streaming event will feature a selection of Australian products, providing consumers with a chance to purchase verified goods at special prices [18][23]. Group 2: Australian Product Advantages - Australian products are renowned globally due to three main reasons: superior natural environment, robust scientific research, and strict regulatory standards [24][25][29]. - Australia is recognized for its pristine environment, which contributes to the high quality of its agricultural products [26][28]. - The country is at the forefront of biotechnology and nutrition research, ensuring that products are not only natural but also scientifically formulated for effectiveness [30][31]. Group 3: Featured Products - The article lists several highlighted Australian products available during the live stream, including: - Manuka honey, known for its unique active ingredient, MGO, which has health benefits [36][40]. - A2 protein formula milk powder, which is easier on the stomach and beneficial for bone health [42][45]. - Metabolism-boosting green powder, designed to enhance metabolic functions [46][48]. - High-quality red wine and premium beef, emphasizing the artisanal approach to production [51][58]. - Skincare products from reputable brands, focusing on natural ingredients and scientific formulation [63][70]. Group 4: Quality Assurance - The article stresses the importance of product authenticity and quality assurance, with a commitment to providing genuine Australian goods during the live stream [22][23]. - The emphasis on sourcing products directly from their origins ensures that consumers receive high-quality items that meet stringent safety and efficacy standards [30][31].
Argentina After the Vote: Milei’s Mandate, Markets’ Rally, and the Pain Ahead
Bloomberg Television· 2025-11-01 14:00
Argentine Economic & Political Landscape - President MLE's victory provides an opportunity to implement economic reforms in Argentina [1] - The election outcome led to bond appreciation and increased debt ratings, benefiting investors [2] - Businesses in Argentina, like textile manufacturers, have experience dealing with high inflation, sometimes adjusting prices multiple times a month [5][6] - Business owners in Argentina face significant challenges due to the country's economic and political instability [7][8] US Intervention & Financial Mechanisms - The US Treasury, under President Trump, established a $20 billion swap line and spent over $1 billion in currency markets to support the Argentine Peso [8] - The US Treasury considered a $20 billion swap line with Argentina's Central Bank, along with potential FX intervention [9][10] - The outright purchases of Argentinian pesos by the US Treasury expose them to the risk of peso devaluation [13] - A hypothetical 8.5% appreciation of the peso post-election could have yielded $80 million on a $1 billion investment, but these gains are subject to exchange rate fluctuations [16] Challenges & Future Outlook - Argentina's economy experienced a recession with inflation exceeding 200% [20] - The effectiveness of US intervention depends on addressing the fundamental forces driving the peso's depreciation [20][25] - While inflation has decreased from approximately 150% to 40%, high bank interest rates remain a concern for businesses [26]