Latest news with #Craft
Hypebeast
5 days ago
- Lifestyle
- Hypebeast
Craft and Houdini Sportswear Unveil Limited-Edition Kype Pro Collaboration
Name:Craft x Houdini Kype Pro Limited EditionColorway:TBCSKU:TBCMSRP:TBCRelease Date:May 29Where to Buy:Craft,Houdini In anticipation of the Stockholm Marathon 2025,CraftandHoudini Sportswearhave partnered to release a nature-inspired version of the Kype Pro race limited edition faithfully retains the lightweight and durable build of Craft's top-tier race shoe. Dressed in a light sand hue from the upper to the sole, the palette draws inspiration from colors found in the natural world. Made with 50% recycled polyester, the open AeroMesh weave upper is not just light but also provides exceptional breathability and comfort for runners. The collaborators' respective brand logo adorns the sides of the sneaker, echoing its tonal build with a matching hue. Adding a touch of color accent, the limited-edition Kype Pro is further accentuated with olive-yellow details on the heel tab, tongue and fitted with an Xx Foam with Pebax™ midsole, which features nitrogen-infused cushioning, adding for a light, durable, and highly responsive ride. This is paired with an Arris carbon fiber plate, ensuring lightweight strength, tuned stiffness and enhanced propulsion, keeping runners stable and fast at high speeds. Its unique split heel construction allows for independent suspension, delivering smooth deceleration and stable energy transfer. The Craft x Houdini Kype Pro Limited Edition will be available exclusively at Houdini brand stores in Stockholm and online via Crafts' webstore.
Business Times
23-05-2025
- Business
- Business Times
Deutsche Bank plans SRT deal tied to US$3 billion corporate loans
[BERLIN] Deutsche Bank is selling a significant risk transfer (SRT) linked to a portfolio of US$3 billion in corporate loans, according to people with knowledge of the matter, the latest deal to drive this market toward record volumes this year. The size of the SRT is around 8 per cent of the portfolio, or about US$240 million, with the loans in both North America and Europe, the people said. The notes will form part of the lender's Craft programme, they added, asking not to be identified because the deal is private. A representative for Deutsche Bank declined to comment. SRTs allow banks to essentially buy insurance on debt, freeing up capital, while still keeping the assets on their balance sheets. The transactions involve selling notes to funds in exchange for yields that can frequently top 10 per cent, with the investors agreeing to absorb some losses if the loans go bad. Other European banks currently discussing SRT deals include Banco Santander, BNP Paribas and UniCredit. Demand for such instruments remains largely unaffected by the recent bout of volatility in public financial markets. In March, Deutsche Bank priced a US$560 million SRT deal out of its Craft programme at a spread of 750 basis points over the secured overnight financing rate, data compiled by Bloomberg show. The lender also priced an SRT deal tied to a portfolio of loans to German mid-cap companies, chief executive officer Christian Sewing said on an April 29 earnings call. 'There was also no noticeable repricing required. So, actually, there is a lot of demand,' said Sewing on the call, replying to a question about the potential impact of economic uncertainties on demand for SRTs. SRT are among the tools Deutsche Bank is using for its plan to reduce its risk weighted assets by 25 billion euros (S$36.4 billion) to 30 billion euros by the end of the year, a goal the lender may 'overachieve,' Sewing told analysts. The rising popularity of SRTs means deals may hit record volumes this year. Chorus Capital Management, which invests in SRTs, projects global issuance to grow to as much as US$35 billion, compared with an estimated US$29 billion last year, with the lion's share taking place in Europe. UniCredit is working on at least three SRTs tied to loan portfolios totalling around 4.2 billion euros, while Santander is discussing another three to offload risk from its loan portfolios in Spain, Denmark and the UK. BNP Paribas is also in talks to sell an SRT linked to a portfolio of about 10 billion euros in corporate loans. BLOOMBERG
Yahoo
21-05-2025
- Health
- Yahoo
MP criticises 'patronising' mental health care
An MP with bipolar disorder said care she received had been "patronising, reductive, inconsistent and non-existent". Jen Craft, the Labour MP for Thurrock in Essex, created her own treatment plan due to her concerns about existing mental health support. She called for an urgent overhaul of community mental health care during a debate in the House of Commons. "I made the decision that I deserved to live and I deserved to live well - and also that my children deserved their mum," Craft said. MPs were discussing an amendment to the Mental Health Act, which aimed to reduce the use of detention and give people more rights over their care. Craft was diagnosed with obsessive compulsive disorder (OCD) as well as bipolar disorder by her 20s, but said she only received "good" care in exceptional circumstances. "I have never been asked what it is that I want from treatment, what it is that I want for my life and how I can be helped to get there," she told Parliament. "I have received care that is patronising, reductive, inconsistent and non-existent." 'I was sectioned and no one told me what was going on' Bipolar: Deacon and Fry on 'lifelong struggle' The Lampard Inquiry: What has happened so far? The debate heard arguments for ending the use of police cells to hold people who were being detained for mental-health reasons. Last year 34,685 people were detained under those circumstances, the majority to health settings such as a hospital A&E department. Craft said a fear of losing her liberty meant she had to "tread a fine line" when proving she was ill. "I know that more often than not, treatment is based not on therapeutic care but on risk management," she added. "Like thousands of others, I have had to create my own care package and my own route to treatment. "But, I am very aware that my ability to do this is based on a number of privileges, in no small part a very supportive family, which so many do not have." The Labour government's Health Secretary Wes Streeting previously said the "outdated" system needed changes to bring it "in line with the 21st Century". Follow Essex news on BBC Sounds, Facebook, Instagram and X. Mental health law 'won't stop detentions' MP opens Parliament debate with sign language Bill to ban police cell mental health detentions
Irish Independent
18-05-2025
- General
- Irish Independent
Obituary: Elizabeth Wincott Heckett, archaeologist and author who was a leading expert on Ireland's textiles
Her life's work is reflected in the comprehensive collection of her papers, Textiles of Ireland: Archaeology, Craft, Art, which was edited by Mary Ann Williams and published last year by Cork University Press. Better known as 'Libby', she was born to Harold and Joyce Wincott in north London in 1934. Her mother had worked in a bank, while her father was a financial journalist for The Financial Times. It seemed she might follow in her father's footsteps after she left school as she applied to study at the London School of Economics but didn't register. She met Eric Heckett in London, and the couple married. They lived in Greece before settling in Cobh, Co Cork, and rearing four children. The couple were divorced while their children were in their teens. Although times were challenging, she applied to study archaeology at University College Cork (UCC) and registered as an undergraduate student at the age of 48. As Mary Ann Williams recalls, it was a 'radical decision' as mature students were 'few and far between'. She earned her bachelor's degree in two years and then chose textiles as the research topic for her masters thesis at the suggestion of Dr Elizabeth Shee Twohig. Having sewn all her life, 'viewing textiles through the prism of archaeology was a revelation', Williams writes. Her daughter Jo Heckett observed: ''My mother used to say that every archaeologist is convinced that their specialty is what enabled human beings to evolve into who we are today.' However, 'just one technology made it possible for people to live all over the world and thrive in every environment, and that is the ability to make textiles''. For her thesis, she focused on 'the Dublin cap' — a type of head covering of wool or silk discovered during excavations of 10th to 12th century Hiberno-Norse dwellings at Wood Quay in Dublin. Her much-praised work was published as Viking Age Headcoverings from Dublin (the National Museum of Ireland, 2003). Wincott Heckett volunteered in the UCC archaeology department, and then became a part-time instructor and lecturer. Her daughter Sophie Heckett has described her mother as a natural teacher, who 'wanted her students to develop the same passion for archaeology' that she had. She developed an international standing and was a natural storyteller at conferences. For the next 30 years she was instrumental in analysing many new archaeological textiles finds. After the remains of a bog body from Cloonshannagh, Co Roscommon, were brought to the National Museum of Ireland in 2005, she was able to confirm there were twill weaves of exceptional quality, indicating that the young woman who died in the bog in the 7th century was of nobility. She shared an interest in textiles with the former National Museum of Ireland director Raghnall Ó Floinn, and reconstructions of costumes used in its exhibitions on Medieval Ireland and Kingship and Sacrifice were based on her 'deep knowledge'. Other discoveries included the earliest knitted silk stocking found in Ireland which she identified from scraps of textiles unearthed during excavation for a car park in Cork. She published three books in all and many articles in the Journal of the Cork Historical and Archaeological Society and with the Northern European Symposium on Archaeological Textiles. She sometimes described herself as a 'time detective', according to her daughter Jo. Twohig says she 'often remarked that fabrics told a life's history, being so precious that they were recycled many times, from clothing to packing fabrics in the timbers of boats'. 'When the actor Jeremy Irons discovered a bundle of clothing in what had been the dungeon of his castle in Skibbereen, Co Cork, Wincott Heckett identified a hat that probably had belonged to one of the employees of the wealthy MacCarthy Reagh clan,' Williams said. And before filming of the Vikings series began in 2013, the production's costume department 'sent a researcher down to Wincott Heckett for a cup of tea'. She retired in 2018, but lived to attend the publication of her most recent work which was widely praised as invaluable reading for generations to come. Elizabeth Wincott Heckett is survived by her children Nic, Jo, Sophie and Louisa, sister Virginia, 13 grandchildren, great-grandchildren and extended family.
Chicago Tribune
17-05-2025
- Business
- Chicago Tribune
Reunion with past clerk-treasurer won't happen in Burns Harbor while Nick Loving is a candidate
Jane Jordan was interested in returning as clerk-treasurer for Burns Harbor but has now withdrawn after the Town Council wouldn't consider her compensation request. The clerk-treasurer's job became officially open on May 14 when the resignation of Nicole Migliorini took effect. Don Craft, chairman of the Porter County Democratic Party, said he hopes to appoint a new clerk-treasurer before the council's next meeting on May 28. Craft is making the appointment in consultation with the Town Council. There are two candidates for the job and Craft acknowledged that one of them is Burns Harbor Councilman Nick Loving, a Democrat. Loving didn't return phone messages seeking comment. The Democratic party chairman is empowered to make the appointment without a caucus because the Town of Burns Harbor consists of one voting precinct. Migliorini cited an 'impossible' working environment as the reason for her resignation because the council refused her request to hire a second full-time assistant clerk. She had served on the job for less than a year. Jordan, a Democrat, had served 20 years as the Burns Harbor clerk-treasurer and had been re-elected to another four-year term in November 2023. She is considered an expert in her field as the state has called upon her to lead training seminars for clerks. She suddenly resigned on May 8, 2024, along with her husband Kurt Jordan who had been elected to the Town Council in November 2023, because of issues with the Burns Harbor Volunteer Fire Department Corporation concerning public records access and alleged violations of Indiana Code in customer billing for emergency services. The Jordans resigned because they believed the Town Council, along with county and state officials, were unresponsive. Jordan said she became aware on May 7 that Migliorini was going to resign, so she reached out to Craft. 'I love this town and I love the residents,' Jordan said, stating why she considered coming back. Since she left the job, Jordan had been drawing a pension from the state of Indiana. Because she was drawing a pension, Jordan said the town would be prohibited from contributing 11.2% of her salary toward a pension. She said that if she had returned it would be for less than the total compensation she had been paid before. Under state law, a political subdivision can add compensation for certifications that an employee attains. Jordan said she has seven state and international certifications as a clerk. She asked that the town consider raising her salary since the town wouldn't be making a pension contribution. Craft said he understood that there was one council member — Jack McGraw — interested in bringing Jordan back. McGraw didn't return a phone message seeking comment. Council President Jennifer McHargue at Wednesday's meeting said that they would follow the law and fill the position. When asked about whether Jordan was one of the candidates, McHargue replied 'no comment.'
