Business

It is expected that energy prices will remain high and volatile. © teerapon/stock.adobe.com

03/01/2023 – Economy

Economy

Major concern about the EU textile industries’ competitiveness

The EU textiles industry is highly concerned about the potential loss of competitiveness, caused by the EU’s inaction of the energy crisis, and Chinese ... By Sibylle Michel

Trade buyers from 22+ countries attended the show, looking to source a wide variety of textiles from India and international markets. © Intex India

29/12/2022 – Trade dairs

Trade dairs

10th Intex India concludes on a successful note

The 10th Intex India, 8–10 December 2022 in New Delhi, concluded on a successful note with the presence of textile manufacturers and suppliers from 8+ ... By Sibylle Michel

Riri, headquartered in Mendrisio, Switzerland, is a market leader in metal accessories manufacturing. © Riri

28/12/2022 – Acquisition

Acquisition

Oerlikon signs agreement to acquire Riri

Oerlikon has announced that it has signed an agreement to acquire Riri, a leading provider of coated metal accessories for the luxury fashion industry. By Sibylle Michel

“ITM Uzbekistan” will be the meeting point of textile and garment machinery manufacturers in Central Asia. © ITM

27/12/2022 – Trade fairs

Trade fairs

ITM Exhibition expands with ITM Uzbekistan to Central Asia regions

ITM- International Textile Machinery Exhibition will be held in a country other than Turkey for the first time next year under the name “ITM Uzbekistan”. By Sibylle Michel

21/12/2022 – Happy holidays!

Happy holidays!

textile network wishes you a Merry Christmas 2022

Merry Christmas and a good start into a peaceful and successful year 2023 from your textile network team! By Sibylle Michel

Philipp Ebbinghaus (right) will become a member of the management board on January 1, 2023; Wolfgang Höflich (second from left) will retire on December 31, 2022. CEO Dr. Christian Heinrich Sandler (left) and Dr. Ulrich Hornfeck (third form left) remain members of the management board. © Sandler

19/12/2022 – Personnel matter

Personnel matter

Philipp Ebbinghaus becomes member of Sandler’s management board

Board member Wolfgang Höflich will retire after 46 years with Sandler. As of January 1, 2023, Philipp Ebbinghaus will be a member of the management board. By Sibylle Michel

Daniel Harari, Chairman and Chief Executive Officer of Lectra: “We look forward to joining forces with TextileGenesis’ talented teams to accelerate the development of their sustainable material traceability solution.” © Lectra

13/12/2022 – Acquisition

Acquisition

Lectra acquires majority of the capital of TextileGenesis

Lectra announces the signature of an agreement to acquire 51% of the capital and voting rights of the Dutch company TextileGenesis. By Sibylle Michel