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The LYCRA Company marks first anniversary as new company

Published on Jan 17, 2020

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Shares highlights from first year as stand-alone subsidiary of the Ruyi Group

The LYCRA Company, a global leader in developing innovative solutions for the textile, apparel and personal care industries, is marking its first anniversary as a stand-alone subsidiary of the Ruyi Group on January 31, 2019.

L to R: Yafu Qiu, chairman of the board of Shandong Ruyi Investment Holding and Dave Trerotola, CEO of The LYCRA Company

L to R: Yafu Qiu, chairman of the board of Shandong Ruyi Investment Holding and Dave Trerotola, CEO of The LYCRA Company

“Ruyi has been a strong partner that understood the challenges we faced as a new business, including the impact global economic trends had on our business performance. This transition year also gave us plenty of wins as we built a strong foundation for future growth by continuing our heritage of investing in innovation. This transition year also gave us plenty of wins as we built a strong foundation for future growth by continuing our heritage of investing in innovation.”

Dave Trerotola

CEO

The LYCRA Company

The LYCRA Company recently opened a new state-of-the-art research and development lab in Foshan, China, and launched several exciting new solutions designed to add value to collections and meet consumer needs for lasting comfort and performance.

The company expanded its EcoMade brand portfolio of sustainable products, broke new ground with its first print technology offering, and is ready to revolutionize apparel fit again with a new fiber that stretches to fit more body shapes within a size range. Products launched include:

  • LYCRA® EcoMade fiber This is the company’s first branded spandex that offers the same performance as the original LYCRA® fiber, but is made with pre-consumer recycled content.
  • LYCRA® FitSense™ technology This revolutionary water-based dispersion is screen-printed onto garments to deliver lightweight, targeted support.
  • LYCRA® 962L fiber This fiber creates apparel with greater shape tolerance to offer consumers a customized fit experience.
  • LYCRA HyFit® T859 This fiber for personal care products is a new formulation that enables customers to have more run time per package. This results in improved uptime and reduced elastic consumption, as well as lower distribution and warehousing costs. It also helps customers meet sustainability goals.

I’m really proud of everything we accomplished in our first year,” Trerotola concluded. “We’re very excited to be part of the Ruyi family and look forward to its ongoing support as we continue to transform our business and the apparel and personal care industries.

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