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Canada’s Knix releases new leakproof swim collections

8th Feb 2024

Knix launches new swim collections featuring vibrant colours and leakproof technology, aiming to revolutionise the swimwear experience. Addressing period-related challenges, their innovative Leakproof Swim technology offers maximum protection, empowering individuals to swim without worries. Knix aims to alleviate body anxiety and lack of confidence.

Pic: INDA
US' Clean Advocacy Summit to address policy issues in nonwovens sector

7th Feb 2024

The 2024 Clean Advocacy Summit, hosted by INDA and ISSA in Washington, will address key policy issues in the nonwovens industry. Attendees will engage in networking and meetings with Congress to advocate for innovation, sustainability, and economic growth. The event aims to amplify industry voices and foster collaboration for industry advancement.

Pic: Saalt
US company Saalt launches Cotton Sleep Short

2nd Feb 2024

Saalt introduces the Cotton Sleep Short, crafted from breathable, biodegradable cotton with an extended super-absorbent gusset. Offering waistband-to-waistband coverage, it replaces 6+ pads or 8+ tampons, catering to heavy flows for an uninterrupted night's sleep. Versatile for various activities, the Sleep Short ensures leakproof protection...

Joe Vitale. Pic: Business Wire
US’ Tranzonic names Joe Vitale chief corporate development officer

26th Jan 2024

The Tranzonic Companies has appointed Joe Vitale as chief corporate development officer to lead strategic expansion through acquisitions, investments, and partnerships. With a focus on M&A for growth, it has increased sales five-fold in the past decade through acquiring companies in various industries. Vitale has over 25 years of professional...

Pic: Accrol
UK’s Accrol completes acquisition of Severn Delta Limited

25th Jan 2024

Accrol has successfully acquired Severn Delta Limited, a wet wipe and tumble dryer sheet manufacturer, for less than 3x EBITDA before synergies. The move aligns with Accrol's strategy to diversify its household product offerings through strategic acquisitions. Severn Delta's capabilities and capacity will strengthen Accrol's wet wipe segment.

Pic: ColleenMichaels - stock.adobe.com
American firm Kimberly-Clark’s sales up 1% to $20.4 bn in FY23

25th Jan 2024

Kimberly-Clark reported a 1 per cent sales increase to $20.4 billion in FY23, with a 5 per cent rise in organic sales. Gross margin improved to 34.4 per cent, and adjusted operating profit grew to $2.96 billion. FY23 EPS was $5.21, with adjusted EPS at $6.57. Q4 net sales were $5 billion, with a 34.9 per cent gross margin and a slight decrease in ...

Pic: jetcityimage - stock.adobe.com
US’ Procter & Gamble reports 3% sales increase to $21.4 bn in Q2 FY24

24th Jan 2024

P&G reports a 3 per cent increase in Q2 FY24 net sales, reaching $21.4 billion. Organic sales rose by 4 per cent, but diluted net earnings per share decreased by 12 per cent to $1.40. Core net earnings per share grew by 16 per cent to $1.84. Gross margin improved by 520 basis points. The company achieved net earnings of $3.5 billion in Q2 FY24.

Pic: Henkel
Henkel opens new Asia R&D centre for consumer brands

23rd Jan 2024

Henkel inaugurated its largest Asia-based R&D centre in Shanghai, investing approximately 100 million RMB. The centre aims to attract top scientific talent and enhance local R&D capabilities in hair and laundry & home care. This state-of-the-art facility supports agile product innovations based on regional consumer habits across eleven Asian...

Will Righeimer Pic: Hello Bello
US' Hello Bello names Will Righeimer as chief executive officer

22nd Jan 2024

Hello Bello, a leading family care products brand based in the US, has appointed Will Righeimer, CEO of Hyland's Naturals, as its new CEO under Hildred Capital Management's dual leadership strategy. The move aims to create a comprehensive pediatric and general wellness platform. Righeimer expressed excitement about the synergy between the companies.

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