Monday, 10 August 2009

Benetton H1 profit down 60% on rescheduling

Ponzano - Benetton has reported Group net revenues for the first half of 2009 of €882 million (-11.4% down against H1 2008), impacted by a major change in the timing of shipments for the Fall/Winter collections, which saw a rescheduling of over €88 million of deliveries to the third quarter, to better match seasonality, provide improved service to clients and improve management of transport and logistics.

MORE

Elastic fabrics specialist gets environmental accreditation

Neukirchen – Specialst knitted elastic fabrics producer Elastic Fabrics Europe GmbH has been awarded the coveted Oeko-Tex Standard 1000 for its environmentally friendly production methods.

MORE

Mayer & Cie engineers ultra-fine excellence

Albstadt – Leading circular knitting machine builder Mayer & Cie, has engineered its way to excellence in ultra fine gauge machines by stopping at nothing in pursuit of its goals. The German company has even developed its own machine tools for manufacturing cylinders and designed its own temperature control system to ensure trouble free operation in its ultra fine gauge machines which are available up to gauge E60.

MORE

Tuesday, 4 August 2009

Management changes at Rieter as sales plummet

Winterthur – The Board of Directors of Rieter Holding Ltd. has elected its Chairman Erwin Stoller as Executive Chairman. The heads of both operating divisions of Rieter, Textile Systems and Automotive Systems, and the head of the Corporate Center will report directly to Erwin Stoller. In order to safeguard the principles of good corporate governance, This E. Schneider, Vice- Chairman of the Board, has been elected Lead Director. Hartmut Reuter, CEO of Rieter, will leave the company. The new organization takes immediate effect.

MORE

Nilit BodyFashion & Active-Sports, Spring - Summer 2011

Migdal Ha'emek - Faced with a world of uncertainty and instability, Bodyfashion and Activewear mirror a society seeking ways to live a better life in a new mood sparked by a quest for meaning. The Summer 2011 consumer will know how to combine two seemingly opposing worlds: on the one hand, one of purity and spirituality and on the other hand a need for ornamentation and sensuality. These two contradictor y aesthetics are confronted as we define Bodywear trends for Spring-Summer 2011.

MORE

Monday, 3 August 2009

NAT reaches agreement for manufacture of Crailar organic fibres

Portland, OR - Naturally Advanced Technologies Inc. (NAT), a company committed to unlocking the potential of renewable and environmentally sustainable biomass resources from hemp and other bast fibres, has signed an agreement with G.J. Littlewoods Son, Inc. to manufacture Crailar Organic Fibers for use in commercial products made by apparel companies.

MORE

Faster Jaquardtronic Lace models from Karl Mayer

Obertshausen - Karl Mayer has speeded its JL 42/1 Jacquardtronic Lace machine and added a new model in the shape of the JL 59/1 B.

MORE