DE-THE-LYCRA-COMPANY
The LYCRA Company , a global leader in developing innovative fiber and technology solutions for the textile and apparel industry, will join a panel discussion at the inaugural United Nations Conscious Fashion and Lifestyle Network Annual Meeting taking place at the United Nations Headquarters in New York City on June 2.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220601005251/en/
With its recent commercialization of COOLMAX® and THERMOLITE® fibers made from 100% textile waste, The LYCRA Company is uniquely positioned to participate in the discussion titled Responsible Consumption and Production: Designing for Our Times . Jean Hegedus, sustainability director, The LYCRA Company, will share her perspective on how the company is scaling recycling solutions to help address the challenge of textile waste.
The meeting will welcome United Nations Conscious Fashion and Lifestyle Network advisory committee members and registered partnerships by industry stakeholders, media, Governments and United Nations system entities to highlight actions, solutions, and progress from the fashion and lifestyle sectors to advance sector engagement in the implementation of the Sustainable Development Goals adopted by the United Nations Member States in 2015. Discussions will focus on confronting the climate crisis, achieving gender equality throughout the value chain, and ensuring a resilient post-pandemic recovery.
“The LYCRA Company recognizes that the journey towards a more sustainable future is a collective effort across the industry,” said Kerry Bannigan, executive director, Fashion Impact Fund. “We are thrilled to have them join our first annual meeting to discuss solutions that will accelerate the fashion and lifestyle sector’s implementation of the Sustainable Development Goals.”
As the apparel industry looks to rapidly develop solutions for a circular economy, The LYCRA Company is focused on a variety of fiber and fabric innovations that reduce or divert waste, keeping materials in use and out of landfills. The company’s EcoMade family of recycled offerings includes LYCRA® , COOLMAX® and THERMOLITE® fibers made from both pre- and post-consumer waste. The LYCRA Company invites the industry to Keep in the Loop with LYCRA to learn about its latest sustainable innovations and circularity advancements, while also promoting collaboration.
The United Nations Conscious Fashion and Lifestyle Network’s inaugural annual meeting is co-convened by the United Nations Office for Partnerships and the Fashion Impact Fund.
Spokesperson Biography:
Jean Hegedus is the sustainability director for The LYCRA Company. Ms. Hegedus has over 35 years of experience in the textile industry, working first with The DuPont Company, and then INVISTA, before moving to The LYCRA Company in 2019. Over the course of her career, she has held a variety of positions in public affairs, marketing, licensing and branding. She began working in the denim segment in 2007, bringing several important innovations to market, including LYCRA® XFIT, LYCRA® dualFX® , LYCRA® BEAUTY, and LYCRA® EcoMade technologies. It was also her work within the denim segment that heightened her awareness of the need for more sustainable solutions, and in July of 2019, she was appointed sustainability director for The LYCRA Company. Ms. Hegedus has a master’s degree in communications from the University of Delaware.
About The LYCRA Company
The LYCRA Company innovates and produces fiber and technology solutions for the apparel and personal care industries. Headquartered in Wilmington, Delaware, The LYCRA Company is recognized worldwide for its innovative products, technical expertise, sustainable solutions, and unmatched marketing support. The LYCRA Company owns leading consumer and trade brands: LYCRA® , LYCRA HyFit® , LYCRA® T400® , COOLMAX® , THERMOLITE® , ELASPAN® , SUPPLEX® , and TACTEL® . The LYCRA Company’s legacy stretches back to 1958 with the invention of the original spandex yarn, LYCRA® fiber. Today, The LYCRA Company focuses on adding value to its customers’ products by developing unique innovations designed to meet the consumer’s need for comfort and lasting performance. For more information, visit www.thelycracompany.com .
LYCRA® is a trademark of The LYCRA Company.
About the United Nations Conscious Fashion and Lifestyle Network
The Conscious Fashion and Lifestyle Network is a United Nations (UN) hosted online platform for industry stakeholders, media, Governments, and UN system entities. The network showcases and enables collaborations that accelerate the implementation of the Sustainable Development Goals. The United Nations Conscious Fashion and Lifestyle Network is a joint initiative of the United Nations Office for Partnerships, the Division for Sustainable Development Goals - United Nations Department of Economic and Social Affairs, and the Fashion Impact Fund. The leading entities of the network convene periodic events aligned with key meetings on the UN calendar and publish reports on the network’s achievements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220601005251/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Allianz Achieves Record Results and Expects a Full-Year Operating Profit of at Least 17 Billion Euros14.11.2025 07:16:00 CET | Press release
3Q 2025 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251113803211/en/ Oliver Bäte, Chief Executive Officer of Allianz SE Double-digit growth in operating profit and shareholders’ core net incomeTotal business volume rises 5.21 percent with contributions from all segments Operating profit increases 12.6 percent to 4.4 billion euros, with particular strong contribution from the Property-Casualty segment Shareholders’ core net income advances by 12.7 percent and reaches 2.9 billion euros 9M 2025 Continued strong and diversified growth across our businessesand record operating profitTotal business volume rises 8.5 1 percent and reaches 141.2 billion euros with contributions from all segments Operating profit increases 10.4 percent to 13.1 billion euros, our highest nine-month operating profit ever, reaching 82 percent of our full-year outlook midpoint Shareholders’ core net income advances 10.5 percent to 8.4 billion euros. Ad
Galderma Completes Successful Placement of CHF 175 Million Bond14.11.2025 07:00:00 CET | Press release
NOT FOR DISTRIBUTION IN THE UNITED STATES OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE RESTRICTED BY APPLICABLE LAW OR REGULATION. Galderma Group AG (SIX:GALD), the pure-play dermatology category leader, today announced the successful placement of a single-tranche CHF 175 million Swiss franc-denominated bond. The bond has a maturity of 5 years and carries a fixed-rate annual coupon of 0.9425%. Net proceeds from the transaction will be used to partially refinance Galderma’s existing bank term loan issued at its initial public offering (IPO) in March 2024, as well as for general corporate purposes. This marks the company’s third CHF-bond issuance since listing. The new bond will be listed on the SIX Swiss Exchange, with the settlement date expected on December 10, 2025. BNP Paribas and UBS jointly led the transaction. Galderma is rated BBB (stable outlook) by Fitch. The same rating is also expected to be assigned to the new bond. The successful issuance is leverage-ne
Leading e-wallets adopt Ant International's generative AI innovation platform to elevate customer experience14.11.2025 06:58:00 CET | Press release
Through Alipay+ GenAI Cockpit, organisations can build custom agentic AI services backed by Ant International's deep domain excellence in financial services and trusted security capabilities Ant International, a leading global digital payment, digitisation, and financial technology provider, has announced that it is collaborating with e-wallet operators TNG Digital, the operating company of TNG eWallet, and easypaisa, Pakistan’s first digital bank, to deliver better customer experiences with AI, supported by Ant International's AI-as-a-Service platform for fintechs and superapps. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251113098837/en/ Ant International’s AI-as-a-Service platform equips fintech partners with tools to build a wide range of agentic solutions, from customer-service assistants to sales copilots. Alipay+ GenAI Cockpit is an AI innovation platform designed to help financial services businesses build generat
The Estée Lauder Companies Makes Strategic Minority Investment in Mexican Luxury Fragrance Brand XINÚ13.11.2025 22:50:00 CET | Press release
The Estée Lauder Companies Inc. (NYSE: EL) today announced a minority investment in XINÚ, a Mexican luxury fragrance brand inspired by the abundance and exoticism of the American continent. This investment marks the first time The Estée Lauder Companies has invested in a Latin American brand, underscoring the company’s commitment to championing local entrepreneurship and innovation. Since its founding in 2017, XINÚ has created a distinctive universe where fragrance, design, and storytelling converge. The brand is celebrated for its sensorial retail spaces, sustainable design ethos, and products that honor heritage while reimagining modern luxury. “Fragrance excellence and craftsmanship are at the heart of The Estée Lauder Companies, and they drive our passion for discovering new voices in beauty,” said Stéphane de La Faverie, President and Chief Executive Officer, The Estée Lauder Companies. “Mexico has become a vibrant hub of fragrance innovation — a place where craftsmanship and cult
Stage Set for World’s Largest Autonomous Race as A2RL Reaches Full Fan Capacity at Yas Marina Circuit13.11.2025 19:02:00 CET | Press release
15 November at Abu Dhabi’s iconic Yas Marina Circuit, in front of a full capacity crowd Eleven global teams compete for $2.25 million prize World first: Six fully autonomous cars racing head-to-head Human vs. AI showdown featuring former F1 driver Daniil Kvyat against TUM Race will be broadcast globally, this Sunday, 16th November at 3pm GST, on the Abu Dhabi Media Network, StarzPlay, Motorsport TV and the official A2RL YouTube Channel The world’s largest autonomous car race will take place in Abu Dhabi on the 15th of November, as 11 teams from across the globe compete at the frontier of robotics, autonomy and AI for a US$2.25 million prize pool. A2RL Season 2 has been 18 months in the making, with the six fastest teams making it through the tough qualification process to the Grand Final. Ticket allocation for the Yas Marina Circuit event has once again reached full capacity of the main grandstand, as motorsport and technology enthusiasts excitedly prepare to witness an AI competition
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
