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Knitting giant brings it back home
Montreal - With extensive operations in Central America and the Caribbean Basin as well as expansion plans in Europe and Asia, Gildan Activewear is also re-investing on a local level.
Yarn Expo Autumn to grow by 70%
Shanghai - The largest ever Yarn Expo Autumn will be held from 13 – 15 October this year with both the gross area and exhibitor numbers jumping to an all-time-high.
Gildan Activewear shares Q2 results
MONTREAL – Gildan Activewear Inc. has announced its results for the three months ended 5 July 2015, and updated its sales and earnings guidance for 2015, noting growth of around 70 per cent in retail sales for the Gildan brand.
Italian machinery boosted by home and abroad order hike
Milan - Orders for Italian textile machinery were up 15 per cent in the second quarter of 2015 compared to the same period last year, with the industry particularly encouraged by a 7 per cent increase in domestic orders and a huge leap in sales to Bangladesh.
Hanes continues to thrive amid new acquisitions
Winston-Salem - HanesBrands is continuing to reap the benefits from its recent acquisitions after posting the sixth consecutive quarter of record year-over-year results for net sales, adjusted operating profit and adjusted earnings per share.
No buyer found as Leicester knitter ceases trading
Leicester - UK knitwear firm BS Attwall has closed after more than 50 years of trading after failing to find a buyer for the ailing business with the loss of 48 jobs.
Rumi continues its 'Evolution' at ITMA Milan
Brescia - Italian sock knitting machine builder Rumi will be at November's ITMA Milan exhibition with a range of its latest models including the Seven TS and Evo models.
Knitting sector benefits from burgeoning Cambodia market
Phnom Penh – The number of knitting mills and other garment and footwear factories in Cambodia increased by more than 20 per cent between the end of 2013 and March 2015, allaying fears that increased minimum wages for workers would lead to a decline of the sector and drop in investment in the industry.
New eco-treatment for knitting yarns
Nurnberg - Südwolle Group, the world's largest spinner of pure wool and wool blend worsted yarns for the circular and flat knitting sectors, has developed a new, environmentally friendly treatment technology which the company says delivers fibres with the same strength, the same or better pilling performance, and improved ability to absorb moisture than conventionally processed yarns.
Sportswear brand looks to warp knits
Bergamo - Italian warp knitter Carvico has developed a new range of sportswear fabrics making use of the Lycra Sport fibre.
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