8 May 2012, Brescia
Italian circular knitting machine builder Orizio says it had an unexpectedly successful exhibition in Turkey recently. The company’s redesigned MJMBF2, a single jersey striper with electronic individual needle selection with 3 way technique, is said to have been well received at the Texpo Eurasia 2012, which was held from 21 to 24 April in Istanbul.
4 May 2012, Hamburg
In this third part of a three part feature on sustainability Sabine Anton-Katzenbach discusses how retailers, producers and importers have begun campaigning for working conditions that are socially sustainable, within the scope of their corporate social responsibility (CSR).
Hamburg
In this third part of a three part feature on sustainability Sabine Anton-Katzenbach discusses how retailers, producers and importers have begun campaigning for working conditions that are socially sustainable, within the scope of their corporate social responsibility (CSR).
3 May 2012, Montréal
Gildan Activewear announced today that it has signed a definitive agreement to acquire 100% of the common shares of Anvil Holdings, Inc. (Anvil) for a total purchase price of approximately U.S. $88 million. The acquisition will be financed through Gildan’s bank credit facility and the company will not assume any of Anvil’s outstanding debts.
3 May 2012, Tel Aviv
Seamless apparel manufacturer Delta Galil is to acquire German underwear brand Schiesser in order to advance its branded strategy and global diversification. The combined businesses have net sales of approximately US$ 900 million.
The mass manufacturing of textiles and apparel will return to developed regions like Europe and the USA, but probably not in any recognisable shape from the past. The only question is what timeframe this will take.
1 May 2012, Stockport
According to a report in the Manchester Evening News (MEN) last night, UK headquartered Rowlinson Knitwear has secured £5 million refinancing package. The Stockport based company has obtained the facility from HSBC Commercial Banking to support its day-to-day operations and its growth aspirations.
