Canada’s Gildan Activewear, a leading apparel manufacturer, has announced it has signed a definitive agreement to acquire 100% of the ordinary shares of Gold Toe Moretz Holdings Corp. (Gold Toe Moretz) for a total purchase price of approximately U.S. $350 million. Under the agreement Gildan will not assume any of Gold Toe Moretz’s outstanding debts.
Tuesday, 12 April 2011
Monday, 11 April 2011
Study shows Dryarn offers high thermo-physiological comfort
A recent study performed by the LATT laboratory in Biella, Italy is said to have shown that Aquafil Spa’s Dryarn, an innovative polypropylene micro fibre designed for high performance materials for underwear, sportswear and special technical applications even under extreme conditions, is superior to the other fibres analysed in terms of thermo-regulation, breathability and drying speed.
Spotlight on Lycra Sport Fabric and Lycra T400
Invista will be showcasing its performance-driven Lycra Sport fabrics as well as Lycra T400 fibre at the Performance Days Show at MTC world of fashion in Munich on 16 and 17 May 2011. Performance Days specialises in presenting functional fabrics and accessories for the sportswear and workwear markets.
Thursday, 7 April 2011
Strong sales lift profits at Wolford
Innovative Austrian hosiery and lingerie manufacturing brand Wolford posted a strong third quarter 2010/11, continuing the positive trend of the first two quarters. Sales at the international fashion company in the first nine months of the current fiscal year (May 1, 2010 – January 31, 2011) rose by 6.6% to EUR 120.0 million, but operating performance indicators developed even more gratifyingly, with profit from continuing operations improving by 93% on the previous year, from EUR 4.6 million to EUR 8.9 million.
UNRAVEL. Knitwear in fashion
From 16 March - 14 August 2011 Belgium’s MoMu Fashion Museum is presenting the exhibition ‘UNRAVEL. Knitwear in fashion.’ The exhibition will introduce visitors to a wide variety of exquisite knitted garments and accessories from across past centuries, with a focus on high fashion pieces and their vernacular interpretations.
Wednesday, 6 April 2011
Delta Galil sets goals for sustainable production
Intimate apparel specialist Delta Galil Industries Ltd has set goals for cutting the amount of water, energy and waste consumed by its factories around the world as part of the company's first Global Corporate Responsibility report.
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