Latest news with #MAGIC
Business Wire
6 days ago
- Business
- Business Wire
Midea Numen AC: Awarded 2025 Red Dot for Cutting-Edge Technology and Designs Crafted for Southeast Asia Users
ESSEN, Germany--(BUSINESS WIRE)--Midea, the world's No.1 residential inverter air conditioner company, has reached a new milestone as its Midea Numen air conditioner won the prestigious German Red Dot Product Design Award 2025. Featuring an AI system and innovative structural design, Numen enhances energy efficiency and cooling experience, quickly gaining popularity in Malaysia and Thailand. Powered by the advanced AI ECOMASTER system, Numen balances energy saving with optimal comfort by adapting to environmental conditions and user preferences. With precise temperature control of ±0.3°C and verified 30% extra energy savings, it delivers smart, efficient cooling. Complementing this, Midea's cutting-edge inverter technology—backed by 27 years of development and over 3,300 patents—ensures high performance and reliability. Numen improves user experience with COOLFLASH technology that drops room temperature by 5°C within 10 minutes, even during extreme heat of up to 55°C. Its upgraded I-Clean frost cleaning removes more dust and bacteria, while the AIR MAGIC ion generator eliminates viruses efficiently. Designed for Southeast Asia's humid climate, it uses Prime Guard's six-layer protection including anti-corrosion copper tubes and UV-coated PCBs for durability. Thai and Malaysian customers are surprised by its cooling effectiveness, quiet operation, and reliable service. Numen's innovative PULL-DOWN STRUCTURE revolutionizes installation and maintenance by providing easy access to internal components, reducing PCB replacement to 74 seconds and motor replacement by 72%. For users, it simplifies cleaning with a taller air outlet and easily removable louvers, ensuring long-term efficiency and less downtime. With over 20 years of overseas market cultivation, Midea has established manufacturing and R&D centers in Southeast Asia, focusing on localized design and production. Committed to advancing inverter technology, Midea aims to deliver energy-efficient, user-friendly air conditioners that meet practical consumer needs in the region.
Business Wire
24-05-2025
- Business
- Business Wire
Redwire Awarded Contract to Provide Critical Avionics Technology for Multinational Earth Observation Satellite Constellation
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE:RDW), a leader in space infrastructure for the next generation space economy, announced today that it has been awarded a contract by SpaceTech GmbH to provide critical avionics technology for the European Space Agency's (ESA) Next Generation Gravity Mission (NGGM) satellites. The NGGM satellites are ESA's contribution to a planned NASA and ESA Earth observation satellite constellation known as Mass Change and Geophysics International Constellation (MAGIC). MAGIC will combine four satellites, two NGGM satellites developed through ESA and two GRACE satellites developed through NASA and the German Aerospace Center, to measure fluctuations in Earth's gravitational field. The planned constellation will provide unprecedented data for water management applications, including monitoring droughts, floods, ice melts, and sea level rise. Redwire's wholly owned subsidiary, Redwire Space NV, will design and build the engineering qualification model of the spacecraft's Instrument Control Unit (ICU). The ICU will serve as the central system for managing and controlling NGGM's primary scientific instrument, handling data collection and processing and communication between the instrument and the satellite's other onboard systems. The ICU will play a pivotal role in the mission's ability to observe small variations in Earth's gravitational field. 'We are proud to bring our unparalleled expertise in spacecraft avionics and control systems to support ESA's contribution to this important multinational mission,' said Mike Gold, Redwire President of Civil and International Space Business. 'Redwire's flight-proven, high-reliability avionics is perfectly suited for the complexity of NGGM and MAGIC, and continues to enable Europe's most game-changing missions, including IXV, Proba-2, Proba-V, and Proba-3, with additional missions scheduled for launch in the future.' Redwire's European facility in Belgium has more than 40 years of spaceflight heritage developing spacecraft platforms and success delivering innovative technology for key ESA programs. Redwire was the prime contractor for ESA's Proba-1, Proba-2, and Proba-V missions, which have a combined flight time of 50 years without failure. Leveraging its legacy of innovation and excellence, Redwire continues to support other ESA programs, including Skimsat, a technology demonstrator for a small satellite platform designed to operate in very low Earth orbit; the International Berthing and Docking Mechanism for the lunar Gateway; the Hera mission to study the Didymos binary asteroid system; and the Proba-3 mission, the first precision formation flying mission that will investigate the Sun's corona. Disclaimer: The views expressed herein can in no way be taken to reflect the official opinion of the European Space Agency. About Redwire Redwire Corporation (NYSE:RDW) is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire's proven and reliable capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire's approximately 750 employees working from 17 facilities located throughout the United States and Europe are committed to building a bold future in space for humanity, pushing the envelope of discovery and science while creating a better world on Earth. For more information, please visit
Associated Press
13-03-2025
- Business
- Associated Press
MAGIC New York Draws Increase in Top Retailers and New Exhibiting Brands for Fall Winter Showcase
NEW YORK CITY, NY / ACCESS Newswire MAGIC New York, the premier East Coast young contemporary women's fashion market, successfully presented its Fall Winter 25/26 edition featuring over 20% new to show brands. Bringing together trend-drive apparel, footwear, accessories, home, gift and beauty collections, MAGIC New York attracted leading retailers including Stitch Fix, Urban Outfitters, Shopbop, Anthropologie, Bloomingdale's, Free People, Nordstrom, Revolve Clothing, Victoria's Secret, Dicks Sporting Goods, Macy's and Zappos Merchandising. MAGIC New York welcomed more than a 15% increase in attendance from chain and department store buyers, solidifying MAGIC's integral role as the tentpole destination for women's modern sportswear, young contemporary and trend fashion trade. Attendees previewed and shopped collections from top names alongside emerging designers including Gentle Souls, Elan, Lucy Paris, Betsey Johnson, Mango and Sawary Jeans. As part of its immersive fashion experience, MAGIC New York hosted a runway show featuring pieces from top exhibiting brands illustrating themes from MMGNET's FW25/26 Women's Young Contemporary Buyer's Guide. The 'Aether' theme emphasized sculptural and modern silhouettes through architectural shapes and structured tailoring. 'Indulge' celebrated bold styling and individualized expression with vibrant colors, layered textures and playful pattern mixing. 'Essentialism' redefined elevated workwear, incorporating luxe fabrics, embellishments and unconventional material pairings. 'Mythos' embraced traditional textile techniques and folk-inspired craftmanship by utilizing earthy tones and sustainable materials. These curated concepts provided buyers with key insights into season's most defining styles and how they will translate into retail. 'This season, MAGIC New York showcased not only the latest collections in women's modern sportswear, young contemporary and trend, but also the industry's evolving priorities of personalized shopping experiences, impactful retail strategies and sustainability resources,' Jordan Rudow, Vice President of MAGIC. 'As an essential global marketplace for collaboration, education and business growth, we continue to deliver the insights and resources needed to navigate today's dynamic retail landscape' Education sessions were designed to provide strategic insights into the shifting retail landscape. Topics covered 'From Culture to the Selling Floor' presented by Fashion Snoops, unpacking the season's most important cultural signals, must-have key items and merchandising strategies to help retailers refine their product assortments. Additional programs included 'Winning at Retail in 2025" discussing strategies for increasing profitability for boutique owners and specialty stores, as well as the 'Four Marketing Errors That Could Be Stifling Your Boutique's Foot Traffic' exploring common promotional pitfalls in bricks and mortar and how to avoid them. MAGIC New York continues to collaborate with Hey Social Good, spotlighting resource and cost reduction initiatives and insights throughout the event, offering brands guidance on how to integrate responsible business practices into operations ultimately improving bottom line. The Sustainability Award Program recognized brands taking meaningful steps toward reducing environmental impact, ensuring sustainability remains priority in industry conversations. With trend driven showcases and a strong mix of established and emerging brands, MAGIC New York offers retailers fresh discoveries, valuable industry insights and meaningful connections influencing the season ahead. Upcoming 2025 show dates include MAGIC Nashville, April 16-17, MAGIC Las Vegas, August 18-20, MAGIC New York, September 14-16, MAGIC Nashville, trading October 2-3. For more information on how to attend or become an exhibitor, please visit About MAGIC MAGIC is a high-energy fashion experience and home to the industry's largest selection of trend-driven and young contemporary apparel, footwear, and accessories. Fusing scale with curation to drive commerce, creativity, and connections, MAGIC joins a global audience of retail buyers - from big-box to boutique - with influencers, media, and industry thought leaders. More than just events, MAGIC is a deeply rooted community, and a place brands and retailers call home. For more information, please visit About Informa Markets Fashion Informa Markets Fashion, branded as MMGNET Group, is fashion's newest B2B ecosystem and the go-to industry resource, where industry professionals go to source the inspiration, connections, and opportunities they need to build business, network, and responsibly steward fashion forward. Through its extensive global reach, decades of unwavering industry expertise, world-class content programs, and a comprehensive portfolio of trade and industry event brands - including MAGIC, PROJECT, COTERIE, and SOURCING at MAGIC - MMGNET Group delivers year-round opportunities to learn, grow, connect, and discover. MMGNET Group is a subsidiary of Informa Markets (LON:INF). To learn more about MMGNET and the MMGNET Group portfolio of brands, please visit
Bloomberg
04-03-2025
- Business
- Bloomberg
SigTech CEO Ren on How AI & Finance Can Coexist
Bin Ren, Founder & CEO, SigTech shows investors its flagship GenAI product MAGIC. He then discusses where, alongside humans, he sees AI unlocking new levels of performance and efficiency with Bloomberg's Tim Stenovec at Bloomberg Invest. (Source: Bloomberg)
Globe and Mail
27-02-2025
- Business
- Globe and Mail
MAGIC, PROJECT and SOURCING at MAGIC Embrace Emerging Trends, Strengthening Las Vegas Fashion Community
LAS VEGAS, NV / ACCESS Newswire / February 27, 2025 / MAGIC, PROJECT and SOURCING at MAGIC, the leading bi-annual wholesale fashion event, concludes bringing together the men's, women's and sourcing fashion communities to discover and connect with retailers, buyers and industry professionals to increase brand awareness and visibility within the fashion marketplace. MAGIC Las Vegas featured a live fashion show experience at the MAGIC Social House, provided by Zodel, showcasing seasonal designs across women's trend, contemporary, young contemporary and modern sportswear categories. Participating brands included Mod Ref, Dolce Vita, Lucy Paris, FRNCH and many more displaying trends from minimalist essentials and artisanal earthy colors to textural and immersive designs. The experience also included an exclusive runway show sponsored by America & Beyond, debuting vibrant resort-wear apparel. MAGIC Las Vegas offers buyers opportunities to shop at varying price points from trend to contemporary, and designers from over 50 countries, including Free People, Steve Madden, Little Words Project, ASTR the Label, Barefoot Dreams, Z Supply and more, displaying products across apparel, accessories, footwear, home, gift and beauty. Leading seasonal trends on the show floor, as seen in MMGNET Group's FW 25/26 Women's Young Contemporary Buyers Guide, included soft pastels with coquette details such as ruffles and charms, as well as statement knitwear with fuzzy and cozy outerwear and accessories. "Las Vegas continues to be the destination for the fashion community to collaborate and spark innovation," says Jordan Rudow, Vice President, MAGIC."This season we diversified our offerings through a robust line-up of international exhibitors and the introduction of new brands which made up more than 22% of the show." PROJECT and MAGIC Men's Las Vegas bridges the cultural intersection between sports, street wear, music and fashion. The latest trends, particularly in skate and golf culture, were on display, bringing together an impressive roster of top brands, retailers and influencers. Over 120 of the leading skate shops were in attendance and featured appearances from legendary pros such as Bryan Herman, Frank Gerwer, Kenny Reed, Jim Thiebaud, Bod Boyle, John Dilo and many more. As golf apparel continues to innovate and modernize, the "GOLF STORE" in PROJECT Men's, presented by Gwop Meet, a consumer golf event, showcased seasonal offerings, new products and limited releases from leading golf brands including Devereux, On and Off the Course, Malbon, Merrill Golf, Sandy Par, The Number Thirty-Three, RipIt Grips and many more. The area also included a golf simulator for attendees to experience golf firsthand and learn more about the lifestyle golf category and how it can be integrated into the fashion retail market. "Providing a variety of interactive offerings allows us to engage with our audience on a deeper level while also educating on consumer trends in the market," notes Edwina Kulego, Vice President PROJECT & International. "Our goal is to always create a diverse and immersive environment that draws in key industry players to support product exposure and engagement on a wider scale." SOURCING at MAGIC hosts a global audience of manufacturers and suppliers across fashion technology, fabric, trim and print. As manufacturers are a critical part of the fashion ecosystem, SOURCING at MAGIC provides an outlet for turning innovative ideas into tangible products and solutions. Spring and Summer 2026 material and color trends, sustainability and policy conversations surrounding supply chains were main topics that dominated discussions at the event. MAGIC, PROJECT and SOURCING at MAGIC is the only fashion wholesale event that offers a data-based sustainability vetting program. The MMGNET Sustainability Awards Program, powered by third-party partner, Hey Social Good, presents an authentic data-driven sustainable fashion community with over 900 exhibitors. The initiative has seen remarkable growth since its launch in 2021, reflecting the industry's increasing commitment to sustainability. To learn more about MAGIC Nashville or MAGIC New York, taking place later this year, please visit MAGIC, PROJECT and SOURCING at MAGIC Las Vegas will return Aug. 18-20, 2025, to the Las Vegas Convention Center. MAGIC MAGIC is a high-energy fashion experience and home to the industry's largest selection of trend-driven and young contemporary apparel, footwear, and accessories. Fusing scale with curation to drive commerce, creativity, and connections, MAGIC joins a global audience of retail buyers - from big-box to boutique - with influencers, media, and industry thought leaders. More than just events, MAGIC is a deeply rooted community, and a place brands and retailers call home. For more information, please visit: PROJECT Representing what's new, now, and next in men's contemporary apparel, footwear and accessories, PROJECT is where domestic and international buyers go to be inspired by higher-end brands, find products from relevant mid-market labels, and connect with likeminded industry thought leaders and fashion insiders. Through a fusion of community, education, media, and experiences, PROJECT propels the next season's top trends, generates global awareness, and ultimately drives commerce. For more information, please visit SOURCING at MAGIC SOURCING at MAGIC gives fashion businesses, brands and sourcing professionals the opportunity to connect and collaborate with a community of global manufacturers, suppliers, and service providers. With a strong presence among international exhibitors and attendees and deep domestic connections, SOURCING at MAGIC is a global community. With a forward-thinking approach and commitment to the evolution of the global apparel supply chain, SOURCING at MAGIC consistently provides access to emerging fashion technology, solutions, sustainable resources, educational content, networking, and extended visibility into the industry's most critical global issues. For more information, please visit: View the original press release on ACCESS Newswire
