;
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

Textile-garment park inaugurated in Ethiopia's Jimma

Textiles | On 15th Dec 2018

Textile-garment park inaugurated in Ethiopia's Jimma

President Omar al-Bashir of Sudan, President Ismail Omar of Djibouti...

Some trying to create unrest over wages: Bangla minister

Textiles | On 15th Dec 2018

Some trying to create unrest over wages: Bangla minister

Some people are trying to create unrest in Bangladesh over the...

Condition of Cambodian garment workers improves: ILO

Apparel/Garments | On 15th Dec 2018

Condition of Cambodian garment workers improves: ILO

Cambodia has seen remarkable improvements in labour standards in the...

Interviews View All

Karel Williams, Dow Microbial Control

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Stefan Warnaar, Peak to Plateau

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Ramez Basmaji,

Ramez Basmaji

Fabusse is a Lebanon-based fashion agency that offers a variety of...

Paolo Crespi,

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Shyam Gupta & Ravi Gupta,

Shyam Gupta & Ravi Gupta

Based out of South Delhi, Gargee Designer's provides bespoke formal and...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

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

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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


December 2018

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

news category


Related Categories:

Advanced Search