fashion brand extension news

27th Mar 2024

Navigator Paper UK Limited proposes an all-cash offer to acquire Accrol Group Holdings plc, a leading UK tissue converter, with projected annual sales revenues of £205 million and adjusted EBITDA of £21 million. Accrol's board recommends the offer. Navigator aims to bolster its Western European tissue business, focusing on UK private label market...

27th Mar 2024

Germany's SGL Carbon experienced a minor sales decrease to €1.08 billion ($1.16 billion) in FY23, a 4.1 per cent drop from the previous year, yet stayed within the expected forecast. Adjusted EBITDA also declined by 2.5 per cent to €168.4 million, but the firm saw a marginal improvement in EBITDA margin from 15.2 per cent to 15.5 per cent.

22nd Mar 2024

Swedish hygiene and health company Essity agrees to sell its 51.59 per cent stake in Vinda to Isola Castle Ltd, owned by APRIL, for HKD 23.50 per share, totalling approximately HKD 28.3bn ($3.62 bn). The move aligns with Essity's strategy to focus on higher-margin categories. Despite divestment, Essity will continue business with Vinda under...

21st Mar 2024

Aluula Composites collaborates with Michelin Inflatable Solutions on R&D project, aiming to enhance construction with sustainable composite materials. Aluula's patented manufacturing process creates durable, lightweight, and recyclable materials. The partnership seeks to balance innovation, performance, and sustainability in product development.

20th Mar 2024

Neenah Industrial Solutions rebrands as Indafor, symbolising strength and collaboration. New logo reflects innovation and partnership. The modern website showcases solutions, sustainability efforts. Sales and marketing materials have also adopted Indafor's branding. The company commits to delivering top-notch service and expertise under the...

18th Mar 2024

First Quality plans a significant expansion in the absorbent hygiene market, increasing baby diapers, training pant manufacturing by 50 per cent. It includes new facilities, manufacturing lines, and a modern warehouse, to be completed by June 2025. Additionally, bladder control pad, protective underwear, underpad capacity will increase by over 25...

18th Mar 2024

Hengst Filtration expands into Bengaluru, broadening focus beyond automotive. The new site caters to India's rising demand for filtration solutions in automotive, medical, and industrial sectors. CEO Christopher Heine highlights India's growth potential, while MD Sandip Metha underscores the mission to reduce emissions and improve air quality.

15th Mar 2024

Autoneum reported a 34.8 per cent revenue growth in FY23, reaching CHF 2.3 billion ($2.59 billion). Adjusted EBIT more than doubled to CHF 99.2 million, with net profit increasing to CHF 61.1 million. While the company’s Europe and North America businesses saw significant revenue increases, Asia experienced a slight decline, and SAMEA showed strong ...

14th Mar 2024

Garware Technical Fibres secures place in India's Top 50 Best workplaces for fostering innovation, highlighting commitment to engaging employees in pioneering initiatives. Prioritising individual growth, it provides customised training and mentorship. The company fosters a collaborative atmosphere, empowering employees to lead and contribute to...