ITMA Asia + CITME set for 2010
SHANGHAI – The joint owners of ITMA ASIA +
CITME have announced that they will be extending their cooperation for a second
show in 2010 following the successful debut of the combined textile machinery
show in 2008.
News
Premiere Vision turns to the Light
By Janet PrescottPARIS – Designers responded to the vogue for bright colours, prints and
interesting textures as exhibitors at Premiere Vision outdid each other in
complexity and quality for Spring/Summer 2010.
News
Santoni statement
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[23.02.09] As part of our coverage of Santoni?s recent decision to cut
back its workforce we requested an interview with Mr Tiberio Lonati to explain
Santoni?s position on the matter. Here is the company?s response: ?Referring to
the latest news on magazines and the internet sites Santoni SpA underlines the
following: Due to the worldwide economic crisis and specifically 2009, Santoni
SpA has been forced to temporarily reduce its production, using government aids
and support (cassa integrazione) and is not firing its own employees. Santoni
spa does not want to loose its existing technical and professional skills. In
addition, Santoni herewith confirms its increase in its Research &
Development strategy for new products in order to be one hundred percent ready
for the economic recovery.?
Van de Velde on the hunt
BRUSSELS – Belgian luxury lingerie retailer Van de Velde has said it is
expecting to sustain its current level of revenue in 2009 and may also be on
the look out for new acquisitions.
Benetton prepares for tough 2009
PONZANO ? Despite experiencing a 4% rise in
sales, boosted by rising sales in emerging markets, Benetton has said it will
embark on a ?series of radical actions” as it prepares itself for the tougher
trading conditions ahead.
Hosiery machinery to debut at Turkish exhibition
ISTANBUL – Hosiery machinery will
make its debut appearance at June?s ITM exhibition following the integration of
the International Knitting, Embroidery, Hosiery Machineries, Spare parts and
Accessories Exhibition.
Terrot hoping to build on Indian success
TIRPUR ? Working alongside its regional partner
Voltas Ltd, Terrot will be using next week?s Knit-Tech exhibition in Tirpur to
highlight the benefits of its latest, high production, single jersey technology
designed specifically for its Indian customers.
Karl Mayer director to grow international network
OBERTSHAUSEN – Warp knitting specialist
Karl Mayer has appointed a new commercial director to support the company?s
current reorganisation process and coordinate the growth of its international
network.
Gildan delays sock expansion
MONTREAL ? Gildan Activewear is to delay its sock factory expansions in Central America and may cut production if profits and
sales continue to fall.
Stoll assistance at SpinExpo New York
NEW YORK – Stoll America Knitting Machinery is to take an active part in the
inaugural SpinExpo New York
exhibition with the company?s stylists and technicians providing complimentary
consultations for knitting complex yarns on their latest flat knitting technology.
