Sponsored Content
Textile Industry
Huber Holding Acquires French Premium Men Lingerie Maker
Huber Group, the Götzis/Vorarlberg based lingerie maker has acquired the French premium brand Hom for men from Triumph Group to target the upmarket male underwear category.
January 19, 2015
Wolford Appoints Former Model Grit Seymour as Creative Director
Wolford AG has appointed designer Grit Seymour as its new Creative Director. This position, which was created as part of the company's strategic refocusing, is intended to drive the brand development. The new Creative Director's main responsibilities will include the design of future collections as well as advisory function for Wolford's overall brand identity. The first signs of her contribution will be visible in the 2016 spring/summer collection, which will be presented to the professional public in summer 2015.
November 10, 2014
Slovakia: CPI Remains Constant
In February, compared with January, consumer prices did not change in total. Increase in prices only in Education, Food and Health Industry.
March 14, 2013
Stable Results at Wolford
Today, the Austrian clothing company published the results of the 2011/12 fiscal year. Sales rose by 1.3%, EBITDA and EBIT were slightly below prior-year level .
July 20, 2012
Declining Sales and Earnings at Linz Textil
Linz Textil announced its first quarter results. The outlook is rather negative.
May 22, 2012
Rising Revenues at Linz Textil
Despite a major fire at Linz Textil´s site last year, the textile company could raise revenues by 9.2%. Profits decreased slightly.
April 26, 2012
Lenzing Expects Not to Reach Results of 2011 Again
Lenzing´s CEO Peter Untersberger presented the excellent results of the last financial year. This year, earnings will reach the level of last year only “at best”.
April 13, 2012
Excellent Results at Lenzing Group
The Austrian fiber producer announces that the € 2bn sales threshold was surpassed for the first time. EBIT was up by 60%.
March 22, 2012
Wolford Group Reports Stable Results
The Austrian textile company posted almost unchanged sales and profits figures. The outlook is cautiously positive.
March 16, 2012
CFO Peter Simma to Leave Wolford AG
Peter Simma, Chief Financial Officer and Deputy Chairman of the Executive Board of Wolford AG, is leaving the company on his request.
March 13, 2012
Palmers-Subsidiary Lejaby Under Pressure
A French court opened insolvency proceedings on the subsidiary of the Austrian clothing company.
December 22, 2011
Wolford Reports Drop in Earnings
The Austrian clothing company recorded sales of € 73.6m in the first half of FY 2011/12. EBITDA came in at € 6.6m slightly lower than in the previous year.
December 16, 2011
Linz Textil Reports Rise in Profits
The Austrian textile manufacturer announced its results for the first three quarters, which showed a substantial increase in sales, earnings and profits. The outlook, however, is cautious.
November 22, 2011
Palmers Seeks to Attract Investors
The Austrian clothing company expects sales of the current financial year to come in at approximately € 110m.
November 4, 2011
Palmers to be Sold
The owner of the Austrian clothing company are looking for potential buyers. The French subsidiary Lejaby however, is not for sale.
October 25, 2011
Gloom Over Clothing Industry in Poland
In the first half of this year over 13 thousand of clothing shops disappeared from the Polish market.
October 11, 2011
TGW Aims for China and Brazil
The Austrian logistics company currently realizes its biggest orders in its history. Moreover, TGW intends to expand substantially.
October 1, 2011
Wolford Increased Sales and Earnings
In the first three months of the current fiscal year, the Austrian luxury clothing company continued on the growth path prevailing in the prior year.
September 16, 2011
Austrian Textile Industry is Optimistic
The Austrian Chamber of Commerce sees a positive development in the domestic textile industry, especially in the export sector.
September 12, 2011
Zhengzhou Acquires Plant in Upper Austria
The Chinese state-owned company takes over a textile machine factory in Linz from Swiss Oerlikon.
August 9, 2011
Wolford Doubles Profit
The Austrian luxury clothing company achieved considerable growth in revenue and earnings in financial year 2010/11.
July 22, 2011
Palmers on the Way Back to Black Figures
The Austrian lingerie group’s results are still negative due to the acquisition of Lejaby. An expansion of the Palmers brand is planned in Germany and CEE.
June 15, 2011
Rise in Sales and Profits for Linz Textil
"Our profits did not just rise, they exploded", CEO Dionys Lehner stated.
May 2, 2011
Optimism in Austria's Textile Industry
Austria's textile, garment, footwear and leather industry (TBSL) recorded more employees and annual sales above € 4bn in 2010. However, massive increases in raw material prices are cause for worry.
April 28, 2011
Strong Profit Growth at Huber
The Austrian lingerie manufacturer managed to increase its earnings by 74%. Sales increase at 3.8% was relatively moderate.
March 29, 2011
Palmers in the Red
The Austrian lingerie company has to accept operational losses in addition to an unprofitable acquisition.
January 26, 2011
Sattler AG Expands to the U.S.
The Austrian specialty textiles manufacturer based in Graz, acquires the American brand Outdura in North Carolina.
December 6, 2010
Linz Textil Announces Q1-Q3 2010 Results
The textile group was able to attain a sales increase of 20% and also a significant increase in earnings.
November 18, 2010
Lenzing places EUR 120 million corporate bond with mainly private investors
Lenzing AG, a world market leader in man-made cellulose fibers, placed a seven-year corporate bond with a coupon rate of 3.875 %.
September 24, 2010
Wolford opened a production facility in Slovenia
The Bregenz based and stock exchange listed producer of lingerie and hosiery opened its plant in Murska Sobota, Slovenia.
September 20, 2010
Fast News Search
