Commenting on developments at Tefron in the period, Amit Meridor, Tefron's CEO said: "In the second quarter of 2012, Tefron recorded an increase of 22.2% in the seamless apparel sector sales. This very positive operational result, as well as the stronger financial results we reported are a direct outcome of the large scale investments that we have made at Tefron over the past two years, particularly in the development of new products and the improvement in product mix. These important investments, combined with our advance production capabilities in Israel and more recently established production operations in China, have enabled Tefron to offer a full and competitive basket of solutions to customers and to solidify our position as the global leader in seamless technology.
During Tefron's recent turnaround period, we have made major improvements in production efficiencies and, equally important, we have worked to establish a culture of streamlining costs at all levels. These efforts have allowed us to stay competitive and turn a positive operating profit and net profit despite the increase in the price of raw materials and additional costs.
Apparel/Garments | On 24th Feb 2017
SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...
Textiles | On 24th Feb 2017
The value of textile and garment exports made by Pakistan decreased...
Fashion | On 24th Feb 2017
Google has partnered with British fashion designer Christian Cowan to ...
Indian fashion market is growing at a staggering rate
‘Portugal is taking away a major share of the mill made sector.’
ITME is an occasion not only to receive new leads but also to work on...
Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...
Coating at a fibre level is a practice not usually seen in the...
Nature Works LLC
Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...
Bridal couture created with rich Indian heritage, exquisite craftsmanship...
Silvia Venturini Fendi
"Yes, my confidence and positive attitude are my strengths and should be...
Somaiya Kala Vidya
Among the many honours showered on Frater, including Fulbright and Ford...