Avery Dennison

Avery Dennison to Webcast First Quarter 2023 Earnings Conference Call

Retrieved on: 
Friday, April 7, 2023

Avery Dennison Corporation (NYSE: AVY) will host its first quarter 2023 earnings conference call in a live webcast at 1:00 p.m.

Key Points: 
  • Avery Dennison Corporation (NYSE: AVY) will host its first quarter 2023 earnings conference call in a live webcast at 1:00 p.m.
  • ET on Wednesday, April 26, 2023.
  • The company’s first quarter news release will be issued that morning at 6:45 a.m.
  • This event will be webcast live, and a replay will be available on Avery Dennison's Investor Relations website ( www.investors.averydennison.com ).

Avery Dennison Names Hassan Rmaile and Francisco Melo as Presidents for Its Two Business Segments

Retrieved on: 
Monday, April 3, 2023

Avery Dennison Corporation (NYSE: AVY) has appointed leaders for its two business segments.

Key Points: 
  • Avery Dennison Corporation (NYSE: AVY) has appointed leaders for its two business segments.
  • View the full release here: https://www.businesswire.com/news/home/20230403005289/en/
    As earlier announced, the company now consists of two reportable segments.
  • Rmaile and Melo report to Avery Dennison President and COO Deon Stander.
  • Prior to joining Avery Dennison, Melo was a co-founder and CEO of Creativesystems, an RFID systems integrator and software development company.

Pharmaceutical Traceability Market size to grow by USD 9.37 billion from 2021 to 2026, Driven by the growing concerns over counterfeit drugs - Technavio

Retrieved on: 
Wednesday, April 5, 2023

NEW YORK, April 5, 2023 /PRNewswire/ -- The global pharmaceutical traceability market size is estimated to increase by USD 9.37 billion from 2021 to 2026.

Key Points: 
  • NEW YORK, April 5, 2023 /PRNewswire/ -- The global pharmaceutical traceability market size is estimated to increase by USD 9.37 billion from 2021 to 2026.
  • One of the key factors fueling the growth in the pharmaceutical traceability market is the growing concerns over counterfeit drugs.
  • Hence, growth in the availability of counterfeit drugs has increased the demand for anti-counterfeiting technologies that utilize various traceability systems.
  • By geography, the global pharmaceutical traceability market is segmented into North America, Europe, Asia, and Rest of World (ROW).

Outdoor Master $1 Eco Shopping: Calling for a More Sustainable Business Model

Retrieved on: 
Thursday, March 23, 2023

Despite selling over a million pieces of outdoor gear annually and having many products become best sellers on platforms such as Amazon, Outdoor Master still has thousands of unsold items.

Key Points: 
  • Despite selling over a million pieces of outdoor gear annually and having many products become best sellers on platforms such as Amazon, Outdoor Master still has thousands of unsold items.
  • After discussions with the brand community, Outdoor Master has decided to launch the $1 Eco Shopping initiative within its community.
  • As an outdoor gear brand committed to sustainability, Outdoor Master has been exploring ways to balance business growth and environmental protection.
  • The company's commitment to environmental sustainability extends beyond the $1 Eco Shopping initiative and is a vital aspect of its business model.

The DLT Science Foundation Makes its Public Launch to Revolutionize Industries and Society with Distributed Ledger Technology

Retrieved on: 
Monday, March 20, 2023

LONDON, March 20, 2023 /PRNewswire/ -- The DLT Science Foundation (DSF), a global, non-profit organisation, launched today with the goals of expanding knowledge and adoption of, and removing barriers to, fundamental breakthroughs in the field of distributed ledger technology (DLT).

Key Points: 
  • With the support of Hedera, the DLT Science Foundation will empower cutting-edge education, research and innovation in DLT through its open network of world-class universities.
  • The DSF has been initially supported by Hedera , the open-source, leaderless proof-of-stake network, which will also lend valuable DLT expertise to the DSF University Network.
  • The DLT Science Foundation aims to drive innovation, foster new collaborative models between academia, industry, and government, and promote the responsible adoption of DLT in business and society.
  • To join the DLT Science Foundation's University Network today and accelerate the development of education, research and innovation in academia and beyond, visit https://www.dltscience.org/ .

The DLT Science Foundation Makes its Public Launch to Revolutionize Industries and Society with Distributed Ledger Technology

Retrieved on: 
Monday, March 20, 2023

- With the support of Hedera, the DLT Science Foundation will empower cutting-edge education, research and innovation in DLT through its open network of world-class universities.

Key Points: 
  • - With the support of Hedera, the DLT Science Foundation will empower cutting-edge education, research and innovation in DLT through its open network of world-class universities.
  • Paolo Tasca, Chairman and co-founder of the DSF said, "After two years of hard work and dedication, I am thrilled to announce the launch of the DLT Science Foundation.
  • The DLT Science Foundation aims to drive innovation, foster new collaborative models between academia, industry, and government, and promote the responsible adoption of DLT in business and society.
  • To join the DLT Science Foundation's University Network today and accelerate the development of education, research and innovation in academia and beyond, visit www.dltscience.org/.

Avery Dennison Prices $400 Million Senior Notes Offering

Retrieved on: 
Monday, March 6, 2023

Avery Dennison Corporation (NYSE: AVY) announced today that it has priced an underwritten public offering of $400 million aggregate principal amount of 5.750% Senior Notes due 2033.

Key Points: 
  • Avery Dennison Corporation (NYSE: AVY) announced today that it has priced an underwritten public offering of $400 million aggregate principal amount of 5.750% Senior Notes due 2033.
  • The Senior Notes were priced at 99.557% of their principal amount.
  • The offering is expected to close on March 15, 2023, subject to customary closing conditions.
  • The company intends to use the net proceeds from the offering to repay existing indebtedness under its commercial paper programs, to repay the $250 million aggregate principal amount of its 3.35% senior notes due 2023 when they mature on April 15, 2023 and for general corporate purposes.

ZwitterCo Announces Christopher Ling as Chief Financial Officer

Retrieved on: 
Tuesday, March 7, 2023

BOSTON, March 7, 2023 /PRNewswire/ -- ZwitterCo, the advanced membrane technology company, today announced the appointment of Christopher Ling as Chief Financial Officer. He brings more than 25 years of financial leadership and a proven track record of successfully leading companies through accelerated product development and growth.

Key Points: 
  • BOSTON, March 7, 2023 /PRNewswire/ -- ZwitterCo , the advanced membrane technology company, today announced the appointment of Christopher Ling as Chief Financial Officer.
  • Ling's expertise in scaling companies is ideal as ZwitterCo is expanding into new markets to meet demand.
  • "Christopher is a financial executive with a breadth of experience that will enable ZwitterCo's next phase of company growth," said Alex Rappaport, co-founder and CEO of ZwitterCo.
  • Most recently, Ling served as Chief Financial Officer for Veo Robotics, Inc., where he led finance, operations, IT and other support functions across the company.

Francesca Reverberi Appointed to Avery Dennison Board of Directors

Retrieved on: 
Monday, February 27, 2023

Avery Dennison Corporation (NYSE: AVY) today announced that its board of directors has appointed Francesca Reverberi as a director, effective February 23, 2023.

Key Points: 
  • Avery Dennison Corporation (NYSE: AVY) today announced that its board of directors has appointed Francesca Reverberi as a director, effective February 23, 2023.
  • “We are delighted to welcome Francesca to our board,” said Patrick Siewert, lead independent director and chair of the governance committee of the board of directors, Avery Dennison.
  • “Her experience in sustainable product management and growth complements our board’s existing credentials well.”
    “Francesca brings a wealth of materials science and sustainability experience to the board,” added Mitch Butier, chairman of the board and CEO, Avery Dennison.
  • Francesca joined Trinseo in 2010, after its carve-out from The Dow Chemical Company, where she was previously employed.

Babycare ties up with Eastman and Avery Dennison to lead next stage of development for maternal and infant sectors

Retrieved on: 
Thursday, February 23, 2023

The array of partnerships covers a wide range of sectors, including fibers, adhesives and lighting products.

Key Points: 
  • The array of partnerships covers a wide range of sectors, including fibers, adhesives and lighting products.
  • Babycare formed a partnership with international professional adhesive tape supplier Avery Dennison in 2021.
  • "Babycare's core value of 'customer mindset' coincides with our Avery Dennison value of 'external focus'," said Avery Dennison Performance Tapes general manager Robin Lu.
  • "The cooperation with Babycare aligns with the strategic direction of long-term sustainable development for Avery Dennison Performance Tapes in the Chinese personal care market."