Avery Dennison news and archive

Avery Dennison reports Q1 sales and earnings

Avery Dennison reported a slight dip in unaudited first-quarter sales, decreasing by 1.1 percent to 1.5 billion dollars. However, the company saw a positive trend in its organic sales, which grew by 1.2 percent. Materials Group sales decreased 1.1 percent to 1.5 billion dollars and that of Solutions Group rose 2 percent to 668 million dollars....

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Avery Dennison reports 19 percent earnings growth in FY2024

Adhesive manufacturing company Avery Dennison’s fiscal year 2024 adjusted earnings per share were 9.43 dollars, up 19 percent from the previous year. The company's net sales increased by 4.7 percent to reach 8.8 billion dollars. In the fourth quarter, the adjusted EPS of 2.38 dollars increased 10 percent, while net sales of 2.2 billion dollars,...

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Avery Dennison posts strong Q3, raises adjusted EPS forecast

In a preliminary results statement for the third quarter, Avery Dennison said that reported EPS of 2.25 dollars increased by 32 percent, while adjusted EPS of 2.33 dollars, was up 9 percent. The company’s net sales for the quarter of 2.2 billion dollars increased by 4 percent. Adjusting its outlook for the year ahead, the company said that it...

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Avery Dennison adds Silver Crystal Group to its portfolio

Avery Dennison has completed the acquisition of Silver Crystal Group, an established player in sports apparel customization and application across in-venue, direct-to-business, and e-commerce platforms. The company said in a statement that Silver Crystal Group is now a part of the apparel solutions business within the solutions group of Avery...

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Avery Dennison to acquire Silver Crystal Group

Avery Dennison has signed a definitive agreement to acquire Silver Crystal Group, a player in sports apparel customization and application across in-venue, direct-to-business, and e-commerce platforms. The transaction is expected to close in the last quarter of 2023. "Together, I am confident we will create a force that will continue to develop...

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Avery Dennison to acquire Lion Brothers

Avery Dennison has signed an agreement to acquire Lion Brothers, a designer and manufacturer of apparel brand embellishments. The company said in a statement that the deal is expected to close in the second quarter of 2023, at which time Lion Brothers will become part of the apparel solutions business within the Solutions Group of Avery...

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Avery Dennison unveils new full-service product branding ecosystem

Avery Dennison is launching a new full-service ecosystem for on-product branding called Embelex to support customisation, personalisation and smart solutions for the apparel, footwear and accessories manufacturing markets. Embelex will provide a range of apparel embellishment products and services to fashion, footwear and apparel brands, sports...

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Avery Dennison launches digital care label for apparel

Avery Dennison has announced a partnership with Los Angeles-based Ambercycle, a post-consumer garment recycler, to launch its digital care label solution as part of its goal to accelerate circularity in apparel. The digital care labelling solution from Avery Dennison features a physical care label with a QR code that links to an app to offer...