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Economy

Karl-Mayer.jpg

With the strategic reorientation, the company will continue to rely on its tradition and innovative strength in order to meet the challenges of the global market. © Karl Mayer

 
19/02/2025 – Strategic reorientation

Strategic reorientation

Karl Mayer plans to sell the Stoll brand

In order to secure its competitiveness in the global market, the family-owned company Karl Mayer is realigning itself and will once again focus on its ... By  Sibylle Michel
TN_ENG_Wochenrückblicke_KW35

The innovative clothing has a wide range of potential applications, from activewear, winter jackets, healthcare apparel and outdoor gear, to sustainable textile-based insulation for construction and buildings, contributing to energy-saving efforts. © PolyU

 
02/09/2024 – On our own behalf

On our own behalf

Review of the industry - week 35/2024

At this point, we present the five most read articles of the past week. The ranking is based on your click behavior on the website. By  Sven Ramer
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In Bangladesh, goods are currently held up in customs for up to three weeks. © terovesalainen/stock.adobe.com

 
27/08/2024 – Bangladesh

Bangladesh

Higher prices due to riots and government overthrow

The outbreak of violence in Bangladesh, resulting in hundreds of deaths and the collapse of the government, will have long-term consequences for both ... By  Sibylle Michel
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The Lenzing Group’s revenue increased by 4.8% year-on-year to EUR 1.31 bn in the first half of 2024. © Lenzing/ Robert Pichler

 
21/08/2024 – Business performance 1st half-year 2024

Business performance 1st half-year 2024

Lenzing Group reports further improvement in operating result

The Lenzing Group reports a gradual improvement in its business performance in the first half of 2024. This is mainly due the positive effects of the ... By  Sibylle Michel
TN_EN_KW_28_Wochenrückblick

The summer issue of textile network is also a debut! © Meisenbach GmbH

 
15/07/2024 – On our own behalf

On our own behalf

Review of the industry - week 28/2024

At this point, we present the five most read articles of the past week. The ranking is based on your click behavior on the website. By  Sven Ramer
Asien-Naehen-Fabrik.jpg

Countries in China’s Belt-Road-Initiative accounted for more than 50 % of China’s textile and clothing exports. © stock.adobe.com/ sirisakboakaew

 
10/07/2024 – China’s textile exports

China’s textile exports

Slow recovery after the pandemic slump

The global markets are recovering and opening up to increased imports of textiles and garments, even though imports still remain below the pre-pandemic ... By  Manik Mehta, New York
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Coloreel has filed for bankruptcy, as “the challlenges are too great,” stated Anders Persson, Chairman of the Board, Coloreel Group AB. © Coloreel

 
10/07/2024 – Coloreel Group AB

Coloreel Group AB

Filing for bankruptcy

Coloreel Group AB has today announced its filing for bankruptcy. This decision is attributed to the company’s inability to expand its business volume ... By  Editorial staff