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Strong first quarter for Italian textile machinery sales
Milan - The first quarter of 2017 has started off on a positive note for Italian textile machinery manufacturers with orders increasing from both the domestic and overseas markets.
Sandonini widens reconditioned knitting machine range
Brescia - Sandonini, the Italian supplier of refurbished and reconditioned hosiery and seamless knitting machines says it has increased its offering to include machines for the production of 'ShoeSocks'
Knitting giant benefits from automation investment
Hong Kong - Despite a dip in revenue, circular knitting giant Fountain Set has posted a 16 per cent increase in profit for the 2016 financial year, helped by its leaner production management system and investments in some of the latest automated equipment.
German technology to meet US and Mexican textiles
Frankfurt - Groz Beckert, Mayer & Cie and Karl Mayer are among the premium suppliers to the global knitting sector that will participate in the VDMA conferences in the US and Mexico later this year.
Investments drive sales growth at Gildan
Montreal – Gildan Activewear Inc. has reported a strong start to its 2017 fiscal year with the company continuing to invest in facilities in Honduras and increasing its capacity at its Bangladesh plant.
Large increase in GOTS certified facilities
Stuttgart - The number of facilities certified to the Global Organic Textile Standard (GOTS) saw a substantial increase, from 3,814 facilities in 2015 to 4,642 facilities in 2016 according to new figures.
Export growth boosts Vietnam's textile sector
Hanoi - Vietnam's textile and garment sector has reported a buoyant first quarter following strong growth in orders from across Russia and Asia.
Revenue gloom for Wolford
Bregenz - Luxury hosiery manufacturer and retailer Wolford AG, has reported sales a 7.5% drop in revenue for the first nine months of the current financial year with the company adversely affected by a difficult market environment as well as internal problems relating to demand and sales planning.
Coats to showcase latest developments at Techtextil
Uxbridge - Coats, the industrial thread and yarn manufacturer, will be bringing together its Performance Materials and Apparel and Footwear products on a single stand at next week's Techtextil exhibition.
Hanesbrands to cut jobs in cost cutting drive
Winston-Salem – HanesBrands has launched a new initiative to increase investment for growth, reduce costs, and drive cash flow, a move that will see the activewear giant cut more than 200 jobs in its corporate sector.
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