Delta Galil Industries, the manufacturer of branded and private label apparel products for men, women and children, has reported sales of $238.1 million for the first quarter of 2014 ended 31 March 2014, an increase of 5% compared with the same quarter last year.
Isaac Dabah, CEO of Delta Galil, commented: “The Company is off to a strong start for 2014. We delivered our 18th consecutive quarter of organic sales increases and generated record earnings, driven by diverse growth engines such as branded products, activewear and our retail business.”
“Our top-line performance was highlighted by rising sales in Germany and rest of Europe, and stable results in North America. We are enthusiastic about our prospects for the balance 2014, which is expected to be our first year of sales in the $1 billion-plus range, and we are increasing our financial guidance.”
Leading Italian producer of electronic yarn feeders for knitting machinery LGL Electronics will be showcasing a range of advanced sustainable yarn feeding solutions at ITMA Asia + CITME in Shanghai this June. The show will take place at SNIEC (Shanghai New International Exhibition Center) from 16th-20th June, where LGL can be found in Hall E5 at Booth D02.
LGL produces a complete and innovative range of electronic yarn feeders for knitting machines from circular seamless to socks, as well as for large diameter circular and flat knitting machines, many of which can be seen on the company’s booth in Shanghai.
Quantum Clothing Group is closing a hosiery factory that once employed 1,000 people after 10 years in operation in County Tyrone in Northern Ireland. Discussions over jobs at the old Adria factory, which was once owned by Charnos, are said to be continuing, with potential for five Northern Ireland positions to move to Nottingham, where operations are being consolidated, the Belfast Telegraph reported yesterday.
Van de Velde, a leading player in the luxury and fashionable women’s lingerie sector, expects total wholesale turnover in the first half of the year to rise by more than 8%.
This is due to the very successful launch of PrimaDonna Swim and slight growth in lingerie, where the Andres Sarda lingerie collection has grown strongly.
Since the worldwide structural shift in the textile industry, only a handful of companies remain in the former textiles heartland of the Swabian Alps. One of these companies is the Albstadt based underwear manufacturer Comazo.
Around 10 million items of underwear a year are sold by this fully integrated family business, and the entire range is certified in accordance with the human-ecological requirements of Oeko-Tex Standard 100.
The 3rd edition of the Galleria Intima, India’s largest sourcing fair for intimate apparel professionals, organised by the Intimate Apparel Association of India, will this year take place from 18-19 August at the Grand Hyatt, Goa.
Last year the show attracted more than 300 visiting brands and this year, the exhibition promises to get even bigger as the organisers expect over 600 brands and more than 75 exhibitors to visit the event.
With the new MT 51/1/32, Karl Mayer says it is giving new impetus to the Textronic lace market, both economically and technically. The machine is said to offer an exceptionally high level of performance for a low investment outlay, thus enabling lace, with its characteristic relief-like designs, to be produced competitively.
The 8th session of Interfiliere Hong Kong has again proven to be the quality intimates and swimwear trade show to attend when looking for innovation and inspiration, according to organisers of the event that took place last week at the Hong Kong Convention and Exhibition Centre.
The colourful and trend-inspired show was attended by 3200 visitors, 70% of which were decision makers. “At Interfiliere Hong Kong we meet a lot of clients from Hong Kong, China and Asia. It is always an efficient and successful show for us, and that’s the reason why we have participated for many years,” commented Eddie Wong, Sales Manager, Hana Fashion, Taiwan.
In a recent issue of its company newsletter Groz-Beckert presented its Productivity Benchmark, the Groz-Beckert efficiency calculator that shows in a playful way how even small changes in individual factors have a big impact on productivity. The German company has now published details of the second instalment of the success story, which is about supporting its customers in increasing productivity in the form of jointly conducted field trials. The results are impressive.
Last weekend’s Texpo Eurasia, held from 26-29 March in Istanbul, turned out to be the perfect occasion for Italian circular knitting machine builder Orizio to display its very latest developments in the field of high technology circular knitting machines, the company reports.