Home / Knowledge / News / Textiles / Rise in turnover & profit for Mayer & Cie
Rise in turnover & profit for Mayer & Cie
07
Apr '08
Commenting on performance for the past financial year, Rainer Mayer, Managing Partner of the world's leading manufacturer of circular knitting machines commented that “2007 turned out to be a more successful financial year than anticipated”.

Overall, Mayer & Cie clocked up sales of 1690 circular knitting machines, marking a 5.2 % increase on the previous year. The circular knitting machine market is characterized first and foremost by the mechanical machine sector which in turn is dominated by the single jersey market.

Demand for electronic machines is limited to niche fashion segments and to suppliers in other specialist fields of the textile industry. Outside of Europe, the strong Euro exchange rate against the dollar posed an additional challenge facing all European manufacturers.

The company's BASICLine machine series had a significant role to play in the company's overall success in 2007. Unveiled for the first time four years ago, BASICLine has since evolved both in the single and the double jersey market to become a successful segment of the Mayer & Cie. product portfolio. This machine series has succeeded in significantly extending the potential customer base for high-quality premier class machines.

Still highly successful among single jersey machines is the Relanit machine series with its decisive performance and reliability benefits, due in particular to its gentle yarn processing action. Acknowledged as the world's most productive single jersey machine series, Relanit proved a best-seller once again in 2007 with 520 units sold.


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Warangal textile park gets environment clearance

The Kakatiya Mega Textile Park, coming up in Warangal district of...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Rajiv Sirohi
Shara

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

Steve Cole
Xerium Technologies

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mike Hoffman
Gildan Activewear SRL

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X