retail sector news

18th Jun 2024

Essity has revised its targets, now aiming for annual organic sales growth of over 3 per cent, excluding acquisitions. The emphasis is on profitable expansion with a target EBITA margin exceeding 15 per cent, reflecting a focus on improving profitability. These adjustments align with Essity's strategy to strengthen its position in growing markets.

17th Jun 2024

Ontex plans to restructure its Belgian operations, closing the Eeklo site and transforming Buggenhout into a Centre of Excellence for certain products, with a $42.82 mn investment. This aims to enhance competitiveness and operational efficiency. This affects 489 jobs but aims to optimise production and distribution, ensuring sustainability and...

13th Jun 2024

The US House of Representatives recently passed legislation to protect water infrastructure by making it mandatory for manufacturers of non-flushable wipes to print ‘do not flush’ on their containers. The legislation will now move to the Senate for voting. The country’s Consumer Healthcare Products Association (CHPA) applauded the passage of Act.

12th Jun 2024

Beaulieu Technical Textiles unveils Recover and Recover Pro ground covers at GreenTech Amsterdam 2024, emphasising sustainability and performance. Recover features recycled materials for durability and CO2 reduction, while Recover Pro aids water management and plant health with volcanic lava rock. The range offers UV protection, longevity, and weed ...

11th Jun 2024

Teijin Carbon Europe's Heinsberg-Oberbruch plant in Germany receives ISCC PLUS certification for Tenax Carbon Fibre, enabling the Teijin Group to offer sustainable products. ISCC PLUS facilitates the circular economy by certifying raw materials' sustainability, ensuring transparent supply chains. The company aims to expand ISCC PLUS certification...

10th Jun 2024

Alison Keane, an environmental attorney with over 25 years of experience, succeeds Ryan Trainer as president of ISPA and MRC. Her background includes roles in industry associations and government, focusing on policy initiatives and product stewardship. She aims to advance the sleep products industry's interests and promote mattress recycling...

10th Jun 2024

Birla Carbon celebrates ISCC PLUS certification for plants in Brazil, Hungary, Egypt, highlighting commitment to sustainability and traceability. With prior certifications in the US, South Korea, India and Italy, the company aims for all plants to be certified by 2024. This milestone supports Birla Carbon's aim of achieving net zero carbon...

7th Jun 2024

Joseph Davis, with over 30 years of experience, is appointed as the new president of Glen Raven Material Solutions Group, succeeding retiring Dave Swers. Davis brings expertise in consumer products and sales from his tenure at Jacuzzi Luxury Bath. He will oversee operations for Glen Raven's major divisions, including Sunbrella and GlenGuard.

6th Jun 2024

Kimberly-Clark pledges to be 100 per cent natural forest-free beyond 2030, highlighting progress in sustainability goals like reducing plastics and GHG emissions. Investments in renewable energy and sustainable products are key. Collaborations with UNICEF aim to improve child health and well-being globally, with over $24 million provided since 2015.