Home / Knowledge / News / Apparel/Garments / Coats acquires GSD to enhance its services business
Coats acquires GSD to enhance its services business
08
May '15
Following the strategic alliance inked in May 2014, industrial thread and consumer textile crafts marketer Coats Group said it has now acquired 100 per cent ownership of GSD Corporate Ltd.

“GSD offers expert management solutions that analyse time, cost and production capability in the sewn products sector with the focus on maximising productivity and controlling costs,” a Coats press release said.

GSD will become part of Coats Global Services, which was launched in response to customer demands to help them realise productivity and supply chain improvements and develop technical skills.

CEO at Coats Paul Forman said, “GSD provides a comprehensive offering that meets both, cost efficiency and social compliance needs at a time, when we are seeing growth in demand in these areas.”

“Both companies, and more importantly our customers, will benefit from the combination and wider availability of these value adding services,” Forman noted.

Paul Timson, MD at GSD said, “This is a great opportunity for GSD and for our customers and we are delighted to be joining Coats following the success of our strategic alliance over the last 12 months.”

“The combination of GSD’s technical knowledge and experience married to the global reach and consulting expertise of Coats will provide a transformative and exciting offering,” he observed.

Coats Global Services and GSD will work together to deliver management solutions to maximise productivity and drive down costs in the sewn products manufacturing sector.

GSD will offer time-cost benchmarking and Coats will provide consulting and technical production expertise, for retailers, brands and their supply chain vendors.

GSD will also enhance Coats Global Services end to end operational excellence offering, which provides practical, industry-specific technical services, training, technology solutions and quality assurance. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search