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0.000188345341929105 -0.000379218809252953 -0.000948047023132204 -0.00214890658576668 -0.00208570345089106 -0.00366704588547586 -0.00366957401087096 -0.00423461003665774
Stock impact report

HILOS is making footwear more sustainable without skimping on style [TechCrunch]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: TechCrunch
For HILOS (Human Innovation Lab Operating System), 3D printing means creating footwear that's chic, low-waste, and runway ready “Brands are overproducing 20% because they don't know what size and styles are going to be needed when, and so they have to overproduce, and they're still missing sales,” HILOS CEO Elias Stahl told TechCrunch. HILOS pitched today on the Startup Battlefield stage at TechCrunch Disrupt 2024 That overproduction leads to waste, which contributes to the 300 million pairs of shoes that Americans throw away every year. When those shoes end up in landfills, they can take 30 to 40 years to decompose. A surefire way to minimize overproduction is to only produce what customers actually buy — but on-demand retail services are expensive, since the shoes aren't made in bulk. But with its 3D printing technology, HILOS has found a way to print stylish shoes on demand within 72 hours. “HILOS has patented new forms of shoemaking specifically for digital manufacturing, Show less Read more
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