Kinross - Dawson International chief
executive Andy Bartmess is leaving his post by "mutual agreement",
amid concerns over growing losses and a large pension deficit.
In August, the group reported that its
first-half losses climbed to ?352,000 for the six months to July on a 4% dip in
turnover to ?2.74 million.
The group, which has also been hurt by
higher cotton and cashmere prices, said Bartmess had resigned from the board
with immediate effect and would leave the company at the end of this month.
New York - The global knitting machine market is projected to expand at a compound annual growth rate (CAGR) of 7.3%, reaching US$9.03 billion by 2032, a new report suggests.
York – Our sister publication Ecotextile News has published a new podcast in which we take a deep dive into Lenzing’s latest sustainability report and learn more about the environmental milestones reached by the manufacturer of Tencel and Modal fibres.
Our host Philip Berman is joined by Lenzing’s Krishna Manda, VP corporate sustainability, and Thomas Matiz, global product sustainability lead, to discuss the company’s latest sustainability report.