Further actual information from ITMA Asia + CITME – Further news from Oerlikon (continued)

Oerlikon Manmade Fibers Segment in Suzhou Recognized research work in texturing at the Suzhou site The years of intensive research and development in the field of texturing, which Oerlikon Barmag is doing at the site in China, bears further fruits. On October 12, 2018, the new R&D-Center was officially inaugurated at the Suzhou site. Around … More Further actual information from ITMA Asia + CITME – Further news from Oerlikon (continued)

Denim goes greener along the whole chain

Prosperity Textile acting as a pioneer and choosing the first sustainable innovation in the weaving industry: the brand-new iSAVER™ by Itema A new important partnership marks the path of Itema towards a greener future for the whole denim production chain. Prosperity Textile, one of the main denim producers worldwide, has chosen for its new facility … More Denim goes greener along the whole chain

Actual News from ITMA Asia + CITME – SANTEX RIMAR GROUP at ITMA ASIA 2018 (continued)

SANTEX RIMAR GROUP is looking forward to meeting you at ITMA ASIA 2018 in Shanghai with two separate booths, one in Hall 5 and one in Hall 3. SANTEX RIMAR GROUP is presenting the new surface finishing solutions under Sperotto Rimar brand: SOFTA – high speed brushing – and VELURA – high speed raising – … More Actual News from ITMA Asia + CITME – SANTEX RIMAR GROUP at ITMA ASIA 2018 (continued)

Swiss Autoneum adjusts outlook for the current financial year

Due to the continuing operational challenges in Business Group North America and corresponding restructuring measures, Autoneum is reassessing the 2018 financial year. An EBIT margin of around 6 % is now expected instead of the previous 7%. The Company still assumes organic revenue growth of around 3 %, thus significantly above market. In light of … More Swiss Autoneum adjusts outlook for the current financial year

US Same-Store Sales: Costco continues to beat consensus; L Brands posts healthy comparable sales growth

Key Points Costco’s same-store sales growth in September this year was below the growth reported in August but was well ahead of consensus. Costco reported strong growth across all segments including food and sundries, hardlines, softlines and ancillary business. Among the specialty retailers, Buckle’s comparable sales fell by 2.4 % year over year in September, … More US Same-Store Sales: Costco continues to beat consensus; L Brands posts healthy comparable sales growth

Epilogue – Sears reshaped America, from Kenmore to Allstate

The retailer has struggled through seven years of losses and hundreds of store closures under CEO Edward Lampert By guest author Suzanne Kapner from Wall Street Journal For much of the 20th century, Sears Holdings Corp. defined American retailing with catalogs and department stores that brought toys, tools and appliances to millions of homes. By … More Epilogue – Sears reshaped America, from Kenmore to Allstate