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.
| On 8th Mar 2021
After a month of Vietnam signing a free trade agreement (FTA) with...
| On 8th Mar 2021
A wide array of economic indicators point toward potentially record...
In a major step towards recycling, scientists at Sweden’s Lund...
Blockchain is not a silver bullet for each and every problem in supply...
Fashion tech has to be lean and very productive
Blockchains will be in heavy use by early adopters by 2025
Surat-based Sunrise Imports & Exports Co is a
The entertainment/character segment lead as the largest sector for the...
Established in 2018, Forsarees is a socially driven business enterprise,...
Freudenberg Performance Materials is a leading global manufacturer of...
Investkonsult Sweden AB
Investkonsult Sweden AB are consultants in the nonwoven and absorbent...
Wearable Technology Lab, University of Minnesota
A new study led by researchers at the University of Minnesota's Design of...
Tahweave & Garo
Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...
A Humming Way
A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...
<span style="font-size: 12px;">Designer <b>Suman Nathwani</b> talks about...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.