retail sector news

25th Apr 2024

Max Space debuts expandable space habitat at 39th space symposium, reinforced with Aluula Composites. Scheduled for a 2026 launch with SpaceX, it aims for lunar and Martian orbits. The lightweight material enables large living spaces at reduced weight and cost. Aluula's innovation extends beyond space, with collaborations in various industries.

24th Apr 2024

Kolon Industries showed carbon reduction tech and eco-friendly items at Techtextil, including aramid innovations and recycled water bottle textiles. Plans include boosting aramid pulp production efficiency and cutting carbon emissions. It aims for stronger ties with European and North American markets, particularly in flooring and automobile...

24th Apr 2024

A.Celli Nonwovens will exhibit its production solutions at ANEX 2024 in Taipei, Taiwan, from May 22-24. Highlights include E-WIND, F-LINE, and R-WAY solutions for winding, laminating, and intralogistics. The event expects more than 350 exhibitors and 26,000 visitors worldwide, offering a platform for industry professionals to explore innovations...

24th Apr 2024

American company Hexcel Corporation reported sales of $472.3 million in Q1 FY24, up from $457.7 million last year, but saw gross margin drop to 25 per cent from 27.9 per cent. The company’s operating income fell to $54.1 million, despite gains in aerospace and defense sectors. Industrial sales dropped significantly by 27.9 per cent in Q1 FY24.

24th Apr 2024

NC State researchers merge 3D embroidery and machine learning to craft a fabric-based touch sensor. The triboelectric device, powered by friction, integrates into clothing, enabling touch control of electronic devices. Machine learning aids gesture recognition, enhancing accuracy. While in early stages, the sensor showcases potential in wearable...

23rd Apr 2024

Procter & Gamble reported net sales of $20.2 billion in Q3 FY24, a 1 per cent increase year-over-year. Organic sales rose 3 per cent, showing strong core business performance despite economic fluctuations. Earnings per share increased by 11 per cent to $1.52 in Q3 FY24. The company also saw a rise in its operating margin by 90 basis points.

23rd Apr 2024

The UK government has announced plans to ban wet wipes containing plastic as part of efforts to combat pollution. Legislation will be introduced in England before the summer recess, with Northern Ireland, Scotland, and Wales following by autumn. The move, which has strong public support, aims to reduce microplastic pollution harmful to ecosystems.

23rd Apr 2024

EDANA, representing leading UK wet wipes manufacturers, welcomes the UK Government's response to plastic reduction in wet wipes. EDANA notes significant industry progress in reducing plastic, with over half of wipes now plastic-free. EDANA commits to working with governments to implement regulations, ensuring continued innovation for plastic-free...

22nd Apr 2024

Loughborough University's Wolfson School of Mechanical, Electrical, and Manufacturing Engineering is leading the development of nanogenerator technology for cost-effective and health-monitoring apparel. Their recent progress involves 3D-printed Triboelectric Nanogenerators (TENGs), designed to harvest energy from motion for sensing purposes.