Economy

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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
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„The past business year was not satisfactory”, said Dr. Christian Heinrich Sandler, Chief Executive Officer & Chairman of the Management Board. However, “the business situation has stabilized”. © Sandler

 
09/07/2024 – Annual report 2023

Annual report 2023

Sandler deals with the energy crisis

The nonwoven specialist Sandler AG is looking back on a difficult financial year 2023. Meanwhile, energy prices have declined, and the measures introduced ... By  Sibylle Michel
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Lenzing CEO Stephan Sielaff looks forward working with another core shareholder. © Lenzing AG/Franz Neumayr

 
14/06/2024 – Stock corporation

Stock corporation

Lenzing welcomes new core shareholder Suzano S/A

Lenzing’s main shareholder B&C Group and the Brazilian pulp producer Suzano S/A have signed a long-term partnership in connection with the majority stake in Lenzing. By  Sibylle Michel
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Michael Ryan, Head of FESPA Global Print Expo and Sportswear Pro. © FESPA

 
04/03/2024 – FESPA Global Print Expo 2024

FESPA Global Print Expo 2024

Interview with Michael Ryan

With the FESPA Global Print Expo 2024 just around the corner, scheduled to take place from March 19th to 22nd, 2024, at the RAI Amsterdam Convention Centre ... By  Editorial staff
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Yarn Expo Autumn 2023 finally has closed its doors. © Messe Frankfurt (HK)

 
20/09/2023 – Trade fairs

Trade fairs

Yarn Expo Autumn created sustainable buzz

As Asia`s largest yarn and fibre trade fair, the 27,000 sqm hive of industry welcomed an impressive array of 510 exhibitors from 14 countries and regions, ... By  Editorial staff
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Note: Real wages are defined as compensation per employee deflated by the consumers’ expenditure deflator. Source: Organisation for Economic Cooperation and Development (OECD), Employment Outlook 2023. © OECD

 
According to the OECD study “Employment Outlook 2023” pub, labor markets remain very tight in most member countries although the number of vacant positions ... By  Yvonne Heinen-Foudeh
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Results of the 21th ITMF Global Textile Industry Survey. © ITMF

 
The ITMF`s Global Textile Industry Survey (GTIS) conducted in July 2023 shows that the business situation in the global textile industry has improved for ... By  Editorial staff