5 January 2012, Hinckley
Thirty jobs have been saved at a UK based knitwear manufacturer after the company was bought from administrators. Historic Manchester Hosiery, a 106 year old company based in Hinckley, Leicestershire has been sold to a Hong Kong business which has pledged to keep manufacturing in the town.
5 January 2012, Hawick
A Borders hosiery producer has predicted a prosperous future for Scotland’s knitwear industry after the latest meeting of the Scottish Borders Knitwear Group Training Association where it was confirmed that the majority of the apprenticeship places offered late last year have now been filled.
Mill owner sees bright future for Scottish knitwear industry
4 January 2012, Dubai
As a result of increased interest in its Super Absorbent Fibre (SAF) technology from companies in the Middle East, UK based Technical Absorbents (TAL) will exhibit in the region for the first time in 2012, taking a stand at WETEX, which will be held at the Dubai Convention Centre between 13 and 15 March.
4 January 2012, Chemnitz
The 2012 MTEX – the International Trade Fair & Symposium for Textiles and Composites in Transportation, which will be held in Chemnitz, Germany from 8 - 10 May 2012, will underline the growing importance and opportunities for using textile materials in every area of vehicle manufacturing.
4 January 2012, Ludhiana
Monte Carlo a designer knitwear brand owned by India’s Oswal Woollen mills has opened its 150th store in the country. The 1200 square foot retail outlet is the company’s second in Nasik, Maharashtra in western India.
3 January 2012, Cleveland, OH
According to a new Freedonia industry study, ‘World Nonwovens Industry’, global sales of nonwoven fabrics are forecast to increase 6.9% annually through 2015 to 9.2 million metric tons. The growth rate is said to be an acceleration from the 2005-2010 period, reflecting a low base as global recessionary conditions restrained nonwovens fabric demand in 2008 and 2009 before improving somewhat in 2010.
3 January 2012, Taipei
Amid growing globalization of trade and in an increasingly competitive market with ever-lower retail prices, Taiwan's textile sector, including its hosiery sector is said to have been hit hard. Luo Li-qing, director of Taiwan’s Hosiery Industry Development Center (HIDC), told The China Post recently that the country’s hosiery industry is facing stiff challenges and requires upgrading.
