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Italian Textile Machinery: Orders Still On Upward Trend for Third Quarter, but Only Abroad.

By   /  October 31, 2014  /  Enewsletter, Featured News  /  No Comments

Milan, Italy – Orders for textile machinery for 2014 third quarter show growth, thanks to demand from foreign markets. Raffaella Carabelli, president of ACIMIT: “Italian manufacturers are concerned about the situation in domestic market.” For the third quarter of 2014, orders for Italian textile machinery manufacturers

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IFAI Expo Wraps Up a Successful Show.

By   /  October 31, 2014  /  Exhibition & Conference News, Fabric  /  No Comments

Minnesota, United States – The Industrial Fabrics Association International international textile trade event, Specialty Fabrics Expo 2014 and Advanced Textiles Expo, took place Oct. 14-16, 2014, in Minneapolis, Minn. The annual event, in its 102nd year, is the largest annual display of specialty fabrics and technical textiles in the Americas. The show floor buzzed with excitement as 363 exhibitors […]

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Mohawk Industries Posts 21% Growth in Earnings, Carpet Segment Sales up by 1%.

By   /  October 31, 2014  /  Other Textile News  /  No Comments

Georgia, United States – Mohawk Industries, Inc. announced 2014 third quarter net earnings of $151 million and diluted earnings per share (EPS) of $2.06. Excluding unusual charges, net earnings were $179 million and EPS was $2.44, a 21% increase over last year’s third quarter adjusted EPS and the highest quarterly adjusted EPS in the company’s history. Net sales for the third quarter of […]

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Tonello, Advanced Technology for Sampling.

By   /  October 31, 2014  /  Chemicals & Dyes, Enewsletter  /  No Comments

Sarcedo, Italy – Tonello stands apart from its main competitors also in terms of sampling technology: its range of washing and dyeing machines has always been outstanding for its completeness and for its ability to faithfully replicate real production  processes. All the models make it possible to test and develop recipes and procedures before

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Total Sales Increase of 12.5% at Tempur Sealy for Q3 2014.

By   /  October 31, 2014  /  Other Textile News  /  No Comments

Kentucky, United States – Tempur Sealy International, Inc., the world’s largest bedding provider, announced financial results for the third quarter ending September 30, 2014. The Company also updated financial guidance for 2014. THIRD QUARTER FINANCIAL SUMMARY Earnings per diluted share (“EPS”) under U.S. generally accepted accounting principles (“GAAP”) in the third quarter of 2014 were$0.60compared to GAAP EPS of$0.65in the […]

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Sales Revenue at $2.4 Billion at Eastman, a 3% Increase in Revenue.

By   /  October 31, 2014  /  Chemicals & Dyes  /  No Comments

Tennessee, United States – Eastman Chemical Company announced earnings, excluding non-core or non-recurring items, of $1.89 per diluted share for third quarter 2014 versus $1.68 per diluted share for third quarter 2013. Reported earnings were $1.39 per diluted share for third quarter 2014 versus $1.97 per diluted share for third quarter 2013. 

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FESPA Digital Textile Conference Milan 2014 Attracts Record Delegate Numbers.

By   /  October 31, 2014  /  Chemicals & Dyes, Exhibition & Conference News  /  No Comments

Istanbul, Turkey – FESPA’s fourth Digital Textile Conference, which took place on 2nd October 2014 in Milan, Italy, brought together a record-breaking number of delegates to expand their knowledge of digital textile printing. The one-day conference, which was sponsored by Durst, Everlight Chemical, Hollanders, Kaspapir, Kiian and MS Italy, attracted 157 delegates, more than double the […]

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Rieter New Partner of The Sustainability Initiative “Blue Competence”.

By   /  October 31, 2014  /  Enewsletter, Sustainable / Eco Textiles  /  No Comments

Winterthur, Switzerland – As the leading supplier for textile machinery and components, Rieter focuses on low energy consumption and high raw material utilisation in the development of spinning machines. Customers thus profit from sustainably-producing machines. With its sustainability solutions, the Company fulfils the criteria of the VDMA sustainability initiative

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Deputy Secretary General of IAF Speaks at Veit’s Quality Garment Network Days.

By   /  October 31, 2014  /  Apparel & Fashion  /  No Comments

Netherlands / Germany – IAF participated in the Quality Garment Network Days organized by the world market leader in ironing and pressing machines, Veit, in Southern Germany. Matthijs Crietee held a keynote address titled, ‘The global garment system, a travelling circus still, or becoming a more

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Thai Garment Exports Expected to See 2% Increase this Year.

By   /  October 31, 2014  /  Apparel & Fashion  /  No Comments

Bangkok, Thailand – The President of the Thai Garment Manufacturers’ Association is confident that orders from its main markets will push exports to achieve 2% growth. The association is aiming to expand the manufacturing base in ASEAN countries while finding new markets, reports National News Bureau of Thainland.

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