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Succession strategy at Crealet
On 1 May 2017, the Swiss company Crealet’s founder Leo Kuster took the step into partial retirement. But luckily CREALET AG does not have to do without Leo Kuster’s services: he will continue to be the company’s vice president and consultant.
Rising demand for premium & functional fabrics
Any uncertainty about the state of the global apparel fabrics and accessories industry in the coming year was widely dispelled at the recently-concluded Intertextile Shanghai Apparel Fabrics – Spring Edition, with many exhibitors reporting strong increases in the number of contacts and enquiries they received compared to last year.
High potential for synthetic & fancy yarns
Yarn Expo Spring concluded its 2017 edition, held at the National Exhibition and Convention Center (Shanghai) with high satisfaction from both exhibitors and buyers. Delighted with the results, Senior General Manager of Messe Frankfurt (HK) Ltd Wendy Wen commented: “This edition we have seen a noticeable increase in the optimism of our exhibitors about the market situation in the coming year, so we are excited about what the year holds for the industry.
Suryalakshmi Cotton commissions 4th plant at Amravati
India´s leading denim producer, Suryalakshmi Cotton has successfully commissioned its 4th state-of-the-art plant in Amravati, Maharashtra. Built at a cost of Rs 131 crore, the fully automated and ultra-modern unit will manufacture high-grade, value-added fancy yarns such as Ring Slub, Stretch, Elli Twist and Compact.
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