textile network

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 Editorial staff

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 Editorial staff

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 Editorial staff

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 Editorial staff

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

„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 Editorial staff

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 Editorial staff

Economy