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Esquel Group, Mahlo GmbH Collaborate For Quality, Efficiency, Sustainability In Production

The Hong Kong-based textile and apparel manufacturer with manufacturing facilities across five countries including China has established itself as a world leader in the...

Rico Randegger To Head Rieter’s After Sales Business

The Board of Directors of Rieter Holding AG has appointed Rico Randegger to the Group Management of the Rieter Group with effect from June...

Swedish Group Atlas Copco Turns 60 At Indian Textile Manufacture

Atlas Copco, a world-leading provider of sustainable productivity solutions has been making in India for close to 60 years. Atlas Copco serves customers in...

Nike Reports Higher Profits Amidst Slow Growth In China

Nike reported solid gains in both quarterly profit and revenues, but growth  has slowed down in China. The sports apparel and sneaker giant reported...

Saurer Group Appoints New Leadership Team

Swiss textile equipment manufacturer Saurer has officially announced the appointment of its new leadership team.   According to a company issued release, Clement Woon has been...

Welspun on Growth Trajectory: Quarterly Revenue Crosses 4 Billion Milestone

Welspun India Ltd., part of the US$ 3 bln Welspun Group announced Q3, FY16 results recently showing strong growth in operating EBITDA & PAT...

Rieter Announces Dividend Of 4.50 CHF Per Share

Shareholders of Rieter Holding Ltd. accepted all motions proposed by the Board of Directors at the 125th AGM and elected Roger Baillod and Bernhard...

India: 15 out of NTC’s 23 working mills register profit in 2012-13

In a significant turnaround from 2011-12, 15 out of the total 23 working units of National Textiles Corporation (NTC), have generated cash profits in 2012-13,...

Picanol Group Starts 2015 With A Well-Filled Order Book

The Picanol Group realised a consolidated turnover of 418.2 million euros over the full 2014 financial year. This compared to 559.9 million euros in...

Itema Strategically Strengthens Position In Indonesia; Appoints PT Illies Engineering Indonesia As Sole Agent

Itema, the world’s largest privately held provider of advanced weaving solutions has appointed PT Illies Engineering Indonesia as sole agent in Indonesia. Effective January 2015, all...

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