textile network

Business situation vs. business expectations © ITMF

15/12/2021 – 11th ITMF Corona-Survey

11th ITMF Corona-Survey

Business situation and expectation are very good

In the first half of November 2021 the ITMF conducted the 11th ITMF Corona-Survey among more than 330 companies from the textile value chain worldwide. By Editorial staff

EU-27 T&C Turnover: rebased quarterly index (pre-pandemic level 2019Q4=100) © Euratex

02/11/2021 – Euratex economic survey

Euratex economic survey

New challenges after the recovery from Covid19-crisis

Euratex’ latest economic survey shows: European Textiles and Clothing (T&C) industry is coming out of the Covid19-crisis, but faces new challenges ahead. By Editorial staff

06/10/2021 – Energy supplies crisis

Energy supplies crisis

Call for immediate support

European textiles and clothing industry calls for immediate support to tackle the energy supplies crisis. By Editorial staff

The pandemic is not yet fully controlled, global freight remains unreliable and expensive, and cost for energy and global commodities is increasing. © Stockfotos-MG/stock.adobe.com

27/09/2021 – Manufacturing costs continue to rise

Manufacturing costs continue to rise

Indorama must pass on costs to customers

The cost inflations have reached a level that Indorama can no longer offset. Therefore, the manufacturer will increase the price effective October 1st ... By Sibylle Michel

There have been capacity bottlenecks in sea freight between China and Europe for months. © donvictori0/stock.adobe.com

21/09/2021 – Freight costs

Freight costs

Pandemic brings record prices until well after Christmas

Importers of consumer goods from Asia will have to contend with a lack of freight capacities and exploding transport costs for goods from the Far East. By Sibylle Michel

21/08/2020 – Positive results

Positive results

RadiciGroup: 2019 with positive business results

RadiciGroup closes the year 2019 with positive results: Sales EUR 1,092 million and EBITDA EUR 165 million. By Editorial staff

The Hermes Group continues to write its success story. © Hermes Gruppe

14/05/2020 – Annual Results 2019/20

Annual Results 2019/20

Hermes Group continues on the road to success

In the financial year 2019/20 the Hermes Group increased its consolidated turnover by 9.0 percent to Euro 3.5 bn. By Editorial staff

Economy