Economy

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CHT Group records sales growth to EUR 614.3 million in the 2024 financial year and increases its EBIT by 174% – proof of economic strength despite global challenges. © CHT

 
17/04/2025 – 2024 financial year

2024 financial year

CHT Group grows steadily and invests record-breaking amounts

Despite volatile markets, the CHT Group achieved robust sales growth last year and significantly increased its operating result – a sign of a clear strategic ... By  Sibylle Michel
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Source: 8th-31st ITMF Global Textile Industry Survey (31st: 17-26.03.2025) – last data point = March 2025. © ITMF

 
ITMF has released the results of its Global Textile Industry Survey for March 2025. This survey revealed a complex picture of a deteriorated business ... By  Editorial staff
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Too much paperwork: According to a survey by Setlog, representatives of the consumer goods industry want nothing more from the new German government than a reduction in bureaucracy. © Scott Graham/unsplash

 
28/02/2025 – Setlog survey

Setlog survey

Most important task of the German government: Reducing bureaucracy

Reduce red tape and eliminate reporting obligations: If retailers of fast-moving consumer goods have their way, the new German government should put the ... By  Sibylle Michel
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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
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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  Editorial staff
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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