Semperit with negative results in 2017 after start of profound restructuring

Revenue of EUR 874.2 million, 2.6 % above prior-year level Revenue increase is based on better sales development in the Semperflex and Semperform segments as well as price increases Earnings development was negatively impacted by increased raw material prices and overall positively influenced by one-off effects Adjusted EBIT (without one-off effects) at EUR -0.8 million … More Semperit with negative results in 2017 after start of profound restructuring

Successful China & Asia Textile Forum held by CCCT in Shanghai, opened by IAF’s Han Bekke

On March 12th and 13th, 2018, the Chinese Chamber of Commerce for the import and export of fashion and textiles (CCCT) organized its 5th successful China & Asia Textile Forum. CCCT is the IAF, the International Apparel Federation’s Chinese member, and the Forum’s opening speech was delivered by IAF President Han Bekke Bekke related IAF’s … More Successful China & Asia Textile Forum held by CCCT in Shanghai, opened by IAF’s Han Bekke

Procurement committee support by the Turkish Ministry of Economy to ITM 2018 from 15 countries

The Turkish Ministry of Economy has announced the list of the procurement committee supports for the year of 2018. The ITM 2018 Exhibition, which will be organized between April 14-17 and in which the heart of the textile industry will beat, is included on the list. ITM 2018 Exhibition organized by the partnership between TEKNİK … More Procurement committee support by the Turkish Ministry of Economy to ITM 2018 from 15 countries

House of Fraser’s Chinese owner to offload troubled Stores

The Chinese owner of House of Fraser plans to sell its majority stake in the troubled British department-store chain, adding to the upheaval on the U.K.’s shopping streets. Nanjing Xinjiekou Department Store Co. will sell its 51 % holding to a tourism development company named Wuji Wenhua, according to a Chinese stock exchange filing Tuesday. … More House of Fraser’s Chinese owner to offload troubled Stores

Gap’s Indian franchisee plans to open 17 shops by month-end

Arvind Lifestyle Brands, Gap’s master franchise in India, on Monday said it will open 17 Gap shop-in-shops through multi-brand retailers by the end of the month, signalling the US lifestyle brand’s strategy for expansion into tier 2 and 3 markets in the country. Parag Dani, Gap’s business head at Arvind Lifestyle Brands said Kapsons, Iconic … More Gap’s Indian franchisee plans to open 17 shops by month-end

Kelheim Fibres earns USDA Certified biobased product label

The Bavarian Viscose speciality fibre manufacturer Kelheim Fibres has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product label. The products DANUFIL®, GALAXY® and VILOFT® are now able to display a unique USDA label that highlights their biobased origin. Third-party verification is administered through the USDA BioPreferred® Program, an initiative created by the 2002 … More Kelheim Fibres earns USDA Certified biobased product label