Molded Apparel Made in Longmont - Longmont Observer

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• Molded Apparel Made in Longmont - Longmont Observer
• Rhone's Phenomenal Fabric Technology Fills The Void In The 180 Billion Dollar Active Apparel Market - Forbes
• Is G-III Apparel Group, Ltd. (NASDAQ:GIII) Creating Value For Shareholders? - Simply Wall St
• Campus Den sports apparel bankruptcy: What it means for Michigan chain's stores, employees - Lansing State Journal

Molded Apparel Made in Longmont - Longmont Observer Posted: 04 May 2019 05:00 AM PDT Making shirts (Photo courtesy of Molded Apparel) Have you ever looked into your closet before a date and thought, 'I have nothing that fits'? This was the thought of Ian Landi, co-founder of Molded Apparel. Landi likes clothes that fit and believes that many others do as well. He feels better about himself knowing that his clothes flatter his body shape instead of someone else's. With this idea in mind and a closet full of ill-fitting clothes, Landi decided to find a way to make a shirt that fit him, a size-you, if you will. In his pursuit to create the perfect shirt for himself, he inadvertently created the company Molded Apparel. His quest inspired him to develop a computer program to draw out the shirt patterns and to design and build a machine that would cut them from cloth. Landi programming software for shirts (Photo courtesy of Molded Apparel) Not long after playing with the idea he pitched it to his partner, Henry Remington, who is an engineer by trade. Remington and Landi attended the same high school and had been business partners in the past. Although they each pursued different courses in life, the duo knew that they had similar interests in business and that they worked well together. The two have spent the better part of two years learning how to best get a shirt to fit a person's body from five customer-provided measurements. These measurements are submitted online through the Molded Apparel website and then put into a program to design the you-sized shirt pattern in the computer. The computer then relays the information to the cutting machine and the template for the shirt is made. Molded Apparel staff then take the cuts of fabric and hand-sew them together. Since shrinking is an issue, the team then puts each shirt through a shrinking process and then ships it to the customer. When Remington and Landi are not discovering new ways to make clothing, they spend their time outdoors. Each one not only enjoys nature but feels passionate about preserving it. This passion drove the duo to seek out an environmentally-friendly and sustainable cloth for their shirts. Their search led them to a fabric that is a combination of cotton and bamboo, both sustainable crops. A major problem in the clothing industry is wasted fabric due to cutting out the pattern for the clothes. Keeping with the eco-friendly mission, Landi and Remington use a laser cutter and computer programs, designed by them, to cut only the necessary fabric needed to construct a shirt, cutting back on waste. Machine designed to cut fabric (Photo courtesy of Molded Apparel) Their commitment to nature has motivated Remington and Landi to create a business with a carbon neutral footprint. The men understand that there is some waste involved in manufacturing shirts and have dedicated time to planting trees to neutralize their environmental impact. Currently, this Longmont-based business is still in its launching period and has started a Kickstarter campaign to get off the ground. In the future, Landi and Remington hope to make other clothes, expanding from t-shirts, to different shirt patterns, to pants, shorts and even dresses and other articles of clothing. How much do you value the Longmont Observer? As Longmont's only nonprofit newsroom, our only vested interest is to supply you with quality, nonpartisan, community-driven, Longmont-focused journalism. But, we need your help. We depend on our members to help us report Longmont news and to keep our journalism available and accessible by all. If you value what we do at the Longmont Observer, please show us with your support.  Yes, I'll Donate Today

Rhone's Phenomenal Fabric Technology Fills The Void In The 180 Billion Dollar Active Apparel Market - Forbes Posted: 04 May 2019 12:17 PM PDT Rhone SS 2019 Rhone If you've got big dreams for your life but don't know where to start on the journey of pursuing them, setting goals and time limitations will help. Successful people are simply those with successful habits. To change your life, change your habits in our bustling world, where time is the most valuable commodity we have, many men do not put aside an hour each day to collect their thoughts needless care for their clothing. As we step into the future, it appears that, at least for some situations, men are seeking sufficient evidence in performance wear technology. There can be no doubt that our knowledge begins with experience. For how should our faculty of knowledge be awakened into action did not newly developed products affecting our senses partly of themselves produce representations, partly arouse the activity of our understanding to compare these new items, and, by combining or separating them, work up the new material of sensible impressions into that knowledge of fashion which is entitled experience, and with experience all our knowledge begins. It is without question that research has added considerable information to the study of technically advanced fabrications. However, the new approach considered to be more acceptable, in the restoration of shirts, could not be produced solely with technology but rather better explained in terms of  positive attitudes, motivations and expectancies from consumers. At present this is being accomplished. As you can see, the definition or theory performance wear is as controversial as the phenomenon itself. Each theory has its advocates and its opponents. In addition, available experimental evidence appears to support, at least to some extent, each side of the argument. Rhone Commuter Shirt - Rhone To help resolve the controversy, it may be necessary to accept a position similar to that expressed by your target audience. That is, with regard to the phenomenon of technology, at one level, individuals become cognizant of fabric attributes, and at another level, they experience how the garment feels on their skin. Despite the theories that purport to explain the  phenomenon of fabric technology, it is still a controversial area of study within textile mills around the world. Very simply defined, Rhone is a premier men's performance lifestyle brand, that by in use of textile instrumentation technology, is meant to increase an individual's level of awareness of his shirt. Such awareness may help people to bring a positive consumer response at point of sale. In large part, these technical improvements in performance were made possible by learning through sensory feedback. The brand has just today launched a game-changing dress shirt as part of their beloved Commuter Collection, breaking the mold of men's dress clothing with their signature performance wear technology. The luxury knit dress shirt fabric is from mills in Italy and handcrafted in Portugal through a machine process that allows to jacquard different knit patterns and colors. The designer and Rhone's Chief Product Officer, Kyle McClure, even tested the shirt running 16 miles in Croatian summer heat!  I have been waiting for this moment for sometime now.   Founded in 2014, Rhone is premium activewear that is "Made for Men." Designed to fill the void in the activewear market between big box retailers and high-end yoga brands, Rhone engineers products specifically for men that look good, feel great and perform better regardless of the activity. Currently, Rhone is sold in all Equinox and Barry's Bootcamp locations and  select Nordstrom stores. Rhone worked with a family-owned factory north of Milan, Italy to create a game changing fabric for the commuter dress shirt. The result lends the mill's decades-old practice of constructing luxury materials with Rhone's signature performance technology, both then processed by hand-crafters in Portugal with a technique that allows to jacquard knit different patterns and colors. Rhone's textile technology implemented in the shirt complements the mill's craftmanship to create a revolutionary fabric that is soft, lightweight and breathable for comfort. The result is a shirt unlike any other with aesthetic, quality, comfort, and fit. Rhone SS 2019 Rhone Designed to accommodate even the most rigorous schedule, the commuter dress shirt fabric boats a four-way-stretch and utilizes technology for a reliable quick dry characteristic. Circular knit technology created for the dress shirt uses body heat to naturally release wrinkles and is moisture-wicking to keep you dry regardless of the conditions. Like other items in the commuter collection, the commuter dress shirt is easily cared for and does not require dry cleaning or an iron.There are no treatments to the commuter dress shirt! Just a knitting technology as the wicking is based on the materials selected, as is the cool touch. Rhone worked with a family-owned factory north of Milano to create a one-of-a-kind fabric for the Commuter Dress Shirt. The knit process consists of 16 hours of jacquard knitting and 4,000 unique needlepoints, which lends the mill's decades-old practice of constructing luxury materials for some of the world's best shirt makers to Rhone's signature performance design. The result is a fabric that is soft, lightweight and breathable for comfort.Constructed in Portugal the shirt is cut and sewn by craftsmen to create a button down unlike any other with unparalleled aesthetic, quality, comfort and fit. The Rhone Commuter Dress Shirt costs $118; Rhone.com I recently had the privilege to speak with Rhone CEO Nate Checketts about what makes Rhone unique, what the commuter shirt is and  how the brand implemented the decades-old practice of constructing luxury materials with Rhone's signature performance technology Nate Checketts Rhone Jospeh DeAcetis: Talk to Forbes about the true essence and brand DNA of Rhone?  Nate  Checketts: At its' center Rhone is about outfitting the modern man in his pursuit of progress. From where he sweats to where he lives to where he works and everywhere in between. We founded the company to fill a big void in premium activewear and have evolved to build the wardrobe of the future. JD: What makes Rhone unique?  NC: Rhone has differentiated itself from day one by offering high-end, premium products for the modern man.  We start at the fabric level and use custom luxury fabrics layered with textile technologies to build products that are best-in-class. But beyond great products, what really makes Rhone unique is our community. We want to inspire each other in the pursuit of progress, to dare and achieve greatness in whatever you choose. We are not simply a clothing brand or simply about performance--we are trying to tackle tough questions like what it means to be a guy in today's world. JD: In your words, what is a commuter shirt?  NC: We started with one main data point; if a man has to wear a dress shirt for work, we estimate that he will spend close to 100,000 hours in dress shirts (between commuting and work) over the course of his career. That's a depressing statistic. There are not many shirts you would want to spend that kind of time in let alone the scratchy, inflexible, cotton dress shirts of that kind. So we built a shirt we would want to spend 100,000 hours in. The Commuter Dress Shirt is a game-changer. We started with Italian luxury knit fabric then partnered with a fantastic Portuguese factory that specializes in traditional tailoring in order to nail the fit. The shirt can take you from your commute to the boardroom to your child's soccer game. JD: How has technology aided in the development of the commuter shirt? NC: It is really all about the fabric we sourced and worked on. The fabric is created using a state-of-the-art knitting machine with over 4,000 needles. Every time we want to change a pattern someone has to go and individually adjust the needles. But the result is this incredible circular knit fabric that has 4-way stretch, uses your body's heat to release wrinkles and also wicks away moisture. It's also completely machine washable. Rhone Commuter Shirt made with performance technology Rhone JD: What can you tell our viewers now about why this shirt is right for them? NC: When I first started working in Manhattan I noticed that those that commuted long distances to the city would change from sneakers to dress shoes at their desk.  It is less practical to do that with your dress shirt. With the Commuter Dress Shirt no change is necessary. We think this shirt will be a new staple in men's wardrobes. Beyond being the most comfortable dress shirt on the market it's also machine washable so it will pay for itself in dry cleaning bills. JD: In your words, describe in detail the test of running in the shirt for 10 miles? NC: Prior to any launch, we put our products to the test to ensure we're providing the best quality materials for customers. But with the Commuter Dress Shirt, we went to the extreme. My Co-founder and our Chief Product Officer, Kyle McClure, wore this shirt during a 35-day trip to Croatia in the Summer, washing it at night in the hotel sink and hanging it dry to wear the next day. To further prove his point of how well this shirt could perform, he actually went for a 10 mile run in it through the mountains.  It's a great mental image if you know him. Not only did the shirt have an unparalleled comfort and fit, but also provided proof that the circular knit is moisture wicking and wrinkle-resistant in even the roughest conditions. JD: What is the biggest risk that you face in developing this brand? NC: I think the biggest risk in building any brand or any company for that matter, is focusing too much on others and forgetting why you started.  We care about our mission and that is what drives us to get better each day while inspiring others in the process. The moment we lose that is the moment we lose all together. JD: What has been your greatest achievement thus far with respect to the brand? NC: We have had some great moments in brand history from seeing celebrities and athletes in the brand to opening a store recently in Hudson Yards to launching the Commuter Dress Shirt on the floor of the historic New York Stock Exchange. But the greatest achievement for me without question is the people and the culture we are building. When I hear from our team that this is the hardest they have ever worked and the happiest they have ever been, it may sound cliche but it is really true--that brings me the greatest amount of joy. Commuter Dress Shirt Rhone JD: If you could choose one celebrity to represent your brand, who would that be and why? NC: Making a celebrity the face of the brand is a tricky thing and needs to feel authentic.  We would need someone who truly represents the Rhone ethos. If we find that person, we'll let you know! JD: How will you be marketing your brand? NC: We lean heavily into earned media leveraging third party endorsements from media and influencers trying the product.  We also do paid media on Facebook and Instagram, as well as various partnerships with like minded fitness and health brands. JD: What is your growth strategy for the next 3 years? NC: I can't exactly reveal everything that's in the vault but suffice it to say we have great expectations. We're committed to providing best in class products that inspire men to lead healthy, strong and free lifestyles. As the brand grows, we'll continue to innovate through our designs and produce high-quality clothing made for everything from the gym to the office.

Is G-III Apparel Group, Ltd. (NASDAQ:GIII) Creating Value For Shareholders? - Simply Wall St Posted: 04 May 2019 06:15 AM PDT Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we are going to look at G-III Apparel Group, Ltd. (NASDAQ:GIII) to see whether it might be an attractive investment prospect. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. Firstly, we'll go over how we calculate ROCE. Then we'll compare its ROCE to similar companies. Last but not least, we'll look at what impact its current liabilities have on its ROCE. What is Return On Capital Employed (ROCE)? ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Generally speaking a higher ROCE is better. Overall, it is a valuable metric that has its flaws. Author Edwin Whiting says to be careful when comparing the ROCE of different businesses, since 'No two businesses are exactly alike.' How Do You Calculate Return On Capital Employed? Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets – Current Liabilities) Or for G-III Apparel Group: 0.14 = US$234m ÷ (US$2.2b – US$581m) (Based on the trailing twelve months to January 2019.) Therefore, G-III Apparel Group has an ROCE of 14%. Check out our latest analysis for G-III Apparel Group Does G-III Apparel Group Have A Good ROCE? One way to assess ROCE is to compare similar companies. We can see G-III Apparel Group's ROCE is around the 14% average reported by the Luxury industry. Regardless of where G-III Apparel Group sits next to its industry, its ROCE in absolute terms appears satisfactory, and this company could be worth a closer look. G-III Apparel Group's current ROCE of 14% is lower than its ROCE in the past, which was 20%, 3 years ago. This makes us wonder if the business is facing new challenges. NasdaqGS:GIII Past Revenue and Net Income, May 4th 2019 It is important to remember that ROCE shows past performance, and is not necessarily predictive. ROCE can be deceptive for cyclical businesses, as returns can look incredible in boom times, and terribly low in downturns. ROCE is only a point-in-time measure. Future performance is what matters, and you can see analyst predictions in our free report on analyst forecasts for the company. What Are Current Liabilities, And How Do They Affect G-III Apparel Group's ROCE? Liabilities, such as supplier bills and bank overdrafts, are referred to as current liabilities if they need to be paid within 12 months. The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise. To check the impact of this, we calculate if a company has high current liabilities relative to its total assets. G-III Apparel Group has total assets of US$2.2b and current liabilities of US$581m. Therefore its current liabilities are equivalent to approximately 26% of its total assets. Current liabilities are minimal, limiting the impact on ROCE. Our Take On G-III Apparel Group's ROCE With that in mind, G-III Apparel Group's ROCE appears pretty good. G-III Apparel Group shapes up well under this analysis, but it is far from the only business delivering excellent numbers . You might also want to check this free collection of companies delivering excellent earnings growth. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading. These great dividend stocks are beating your savings account Not only have these stocks been reliable dividend payers for the last 10 years but with the yield over 3% they are also easily beating your savings account (let alone the possible capital gains). Click here to see them for FREE on Simply Wall St.

Campus Den sports apparel bankruptcy: What it means for Michigan chain's stores, employees - Lansing State Journal Posted: 03 May 2019 12:17 PM PDT Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Buy Photo Autoplay Show Thumbnails Show Captions Last SlideNext Slide LANSING -- A bankruptcy filing for a Michigan-based sports apparel chain won't affect its 16 locations statewide, including two at Lansing-area malls, officials said Friday.  The Campus Den sports apparel chain will keep all of those stores open, including those at the Lansing and Meridian malls as it goes through a swift restructuring process, said John Dragomer, company president. The 160 employees at those stores will not be affected, he said. "We're looking at only being in bankruptcy 90 to 120 days and we're out," Dragomer said.  Straight Up Enterprises Inc., operating under the name Campus Den, closed 10 stores last year before filing for Chapter 11 bankruptcy protection in Flint's U.S. Bankruptcy Court for the Eastern District of Michigan on April 23. The Michigan-based Campus Den sports apparel chain has filed for bankruptcy. Its 16 stores will remain open, officials say.  (Photo: Image courtesy of Campus Den) Bankruptcy will allow Campus Den to "tighten up our core" and focus on profitability and customer service, Dragomer said.  "What you should see is our management team going back through full retraining from top to bottom," Dragomer said. "There's a lot of talented people out there, so we're really taking a look at the talent levels and will make sure customer services are at the highest levels." Campus Den's lease with Lansing Mall expires on Jan. 31, 2021, and a lease with Meridian Mall expires April 30, 2022, according to court records.  Both Paige Moreau, Lansing Mall's general manager, and Dan Irvin, Meridian Mall's general manager, declined to comment this week on Campus Den's future at the malls.   Sales at both Lansing-area mall stores are strong, so officials have found no reason to close them, said John Damoth, Campus Den's vice president.  "We have a really deep relationship with the (Lansing) market," Damoth said.  In addition to 160 employees statewide, Mount Morris-based Campus Den also hires up to 100 seasonal employees each year.  For the entire list of Campus Den stores that Dragomer said will stay open, visit campusden.com/store-locator3.  On Wednesday, U.S. Bankruptcy Judge Daniel S. Opperman granted a motion by Straight Up Enterprises to "use cash collateral in an amount not greater than $606,512" so it can avoid "immediate and irreparable harm to its business until the final hearing," according to court records.  Another bankruptcy hearing is scheduled for 11 a.m. May 22 in Flint.  RELATED: Impact Church holds first Lansing Mall service  Go-kart tracks slated to open in Meridian Mall  Eric Lacy is a reporter for the Lansing State Journal. Contact him at 517-377-1206 or elacy@lsj.com. Follow him on Twitter @EricLacy. Support local journalism by subscribing to the Lansing State Journal for only $0.99 per month. For information, visit bit.ly/2UnxlJE.        Read or Share this story: https://www.lansingstatejournal.com/story/news/2019/05/03/campus-den-lansing-meridian-mall/3639908002/

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