Kornit Digital Presents Fashion is Choosing On-Demand at PRINTING United

Kornit Digital Ltd. is hosting its “Fashion is Choosing On-Demand” investor event in Las Vegas on Sept. 10, 2024, in conjunction with its participation in PRINTING United Expo 2024. The company will highlight its market opportunities, showcase its technology, outline its go-to-market strategy, and detail its long-term financial goals.

“Kornit has a tremendous opportunity to lead in the digital transformation of the textile industry,” Ronen Samuel, Kornit’s CEO, said. “Brands and retailers need agility, and our solutions are perfectly aligned with these demands. With the addition of our innovative AIC model, and our revamped go-to-market, we are confident that Kornit is well positioned to deliver value to our customers, shareholders, and employees.”

Today’s consumers are driven by real-time trends, and demand endless choice, sustainability, and overnight delivery. These are needs that outdated fashion supply chains cannot support.

Kornit’s on-demand digital solutions tackle these challenges by offering speed, creativity, optimized production, and minimized waste. The company’s patented technology, including MAX platforms and the newly launched Apollo, enables efficient, high-quality production runs.

This creates a comprehensive solution of systems, consumables, and workflow software for both direct-to-garment (DTG) and roll-to-roll production. The shift from analog to on-demand digital production is now accelerating, evidenced by a growing number of screen printers adopting Kornit solutions. The company’s revamped go-to-market strategy focuses on end-to-end solutions, expanding into new segments, and unlocking a meaningful incremental market opportunity.

“Through the end of the decade, we are targeting double-digit growth, meaningful recurring revenue contribution from the AIC model, and strong improvements to profitability,” noted Samuel. “Today, we also announced an additional $100 million share repurchase program, demonstrating our conviction in our vision and commitment to shareholder value.”