Explore ideas, evidence and developments across the textile value chain.
617 articles · latest first · 73–96
A year of record profits puts Textured Jersey Lanka in an ideal position to proceed with the acquisition of its supplier Quenby Lanka Prints, which will assist in its expansion plans.
Insight26 May 2015Knitting has for some years been moving ahead of weaving in the popularity stakes. Set up costs are cheaper, a move towards more casual dress has favoured knitted styles, particularly in womenswear and its wide range of structural possibilities is increasingly being appreciated by technical textile manufacturers.
The owner of two leading Scottish textile brands is seeking a buyer for the group’s mill in Peebles. The ideal buyer will be able to offer product and service extension within their business sectors which does not exist within their current group structure.
Insight15 May 2015Earlier this year the Textiles Policy 2014-19, published by the Ministry of Textile Industry, Government of Pakistan, highlighted the need for Pakistan’s textile industry to reduce its reliance on cotton and focus on value addition, partly through greater use of man-made fibres such as polyester.
Gildan Activewear Q1 net earnings were $56m compared with net earnings of $79.2m in the corresponding quarter last year. Consolidated net sales in the first quarter of 2015 amounted to $636.2m, up 15.9% from $548.8m in the corresponding quarter of last year, reflecting an increase of approximately 14% in printwear sales and sales growth of approximately 20% in branded apparel, according to the company.
Insight14 May 2015Dumping of cotton fibre and yarn is becoming a growing problem for Turkey. Last month the Turkish Ministry of Economy determined that revoking existing anti-dumping duties on imports of spun yarns from China, Indonesia and India would be likely to lead to continuation or recurrence of dumping and injury to the country and applied anti-dumping duties for a second term of five years.
Germany-based Mayer & Cie has recently delivered its 70,000th circular knitting machine. It was an FV 2.0 double jersey machine and the customer was knitwear manufacturer Speidel GmbH. Speidel is using the machine at its knitting factory in Bodelshausen, Germany, where the main focus is on producing high-quality single jersey and fine rib lingerie, most of which is manufactured in body widths to make it comfortable to wear, according to Mayer & Cie.
Orders taken by Italian textile machinery manufacturers during the year’s first quarter show moderate growth of 8% over the same period last year, due mainly to a positive performance in foreign markets. Meanwhile Italian domestic demand has been far weaker raising questions about whether this is simply due to a delay in purchases in advance of ITMA or more systemic.
Insight5 May 2015Albany International Corp has seen profits rise slightly in its Machine Clothing and Albany Engineered Composites (AEC) businesses. Its decision to lose 200 staff two years ago from the Machine Clothing business looks vindicated, with gross at $76.7m for Q1 2015 compared with $74.8m in the first quarter of last year.
SAS Textiles has launched the new SAS Sport line of synthetic performance fabrics developed for athletic, outdoor and lifestyle customers. The circular knitter said it will use its wide range of equipment to offer a fully merchandised line of performance apparel knits including fine-gauge stretch fabrics, technical top weights and novelties for post-workout comfort.
Insight17 Apr 2015It is becoming increasingly common for universities and associated technology transfer companies to expand into new territories to share and develop their expertise and those associated with textile education, research and transfer to the market are no exception.
