Invista launches FREEF!T in Europe
WITCHITA, USA – Following
its US
debut at New York Fashion Week in September 2007, Invista is now making its
FREEF!T Lycra fabric available to the European market.
Warp knitting
Electromagnetic protection with Biocare fabric
KAYSERI, TURKEY – stikbal, a subsidiary of leading Turkish conglomerate, The Boydak Group, has developed a new knitted fabric that blocks 98.5% of electromagnetic waves. The concept behind Biocare is based on the increased daily usage of electronic and electrical devices such as mobile phones and electricity transformers generating non-ionized electromagnetic waves that caused a number of problems ranging from stress to sleep disorders and headaches.
Tefron swings to a loss
Misgav, Israel – Tefron Ltd. reported a
loss in its first quarter, compared to a profit last year, hurt by
manufacturing problems at its Hi-Tex division, a weak US dollar and higher
expenses. Looking forward, the company also said it expects a loss from its
operations for the second-quarter of 2008.–break–
Flat knitting
Wal-Mart loves Venus
LUDHIANA – Ludhiana-based Venus
Garments (India) Limited, which is one of the region’s largest exporters of
v-bed knitwear and circular knitted clothing says it has bagged ‘Supplier
of the Year 2007’ award from retail
giant Wal-Mart. –break–
“We have been given this award for high
level of performance in the areas of product quality, on-time delivery, ethical
standards and business management,” said Anil Jain, chairman of the company in
a statement issued today.
News
China Taisan set for IPO
SINGAPORE – China-based fabric maker China Taisan Technology is looking to
raise around S$55.9 million (US$41 million) with a flotation on the Singapore stock
exchange.
Nilit unveils new China facility
ISRAEL – Nilit is to open a new nylon production facility in China‘s Jiangsu
province at the beginning of June.
Leeds Group snaps up Dawson stake
LEEDS – Fabric import and distribution firm Leeds Group Plc has bought a
stake in Kinross-based cashmere business Dawson International.
Warp knitting
Saertex boosts warp knitting operation
Saerbeck, Germany – Saertex GmbH & Co. KG of, has acquired three warp knitting
and one coating machine from the Slovakian company Omfra Fabrics. Financial
terms of the deal were not disclosed.
Flat knitting
Flat machine shipments rocket
ZURICH – Shipments of the flat knitting machinery soared 58% in 2007,
according to the latest statistics from the International Textile Manufacturers
Federation (ITMF).
Flat knitting
Benetton mulls Americas production sites
MILAN – With a strong euro continuing to adversely affect
European-made products in the US
and? Canada, Benetton is
considering establishing production joint ventures in the Americas.
