The thread manufacturer saw revenues fall 2% in the four months to 31 October as a result of currency depreciation in Turkey, China and India, but it still hopes to deliver full-year results in line with expectations.
The Eco Performance Award for the best sustainable development has been given to a fabric from tech company Jou Jou Fish, and Green Threads and its "DPQ 1092 DWR" tear-resistant fabric has received the Performance Award.
One of the largest textile sourcing shows on the East Coast, Texworld USA will come to NYC's Javits Center for a round of talks on sustainability and more. The trade show will run from January 21 through January 23.
Majority garment suppliers have been affected by high-pressure cost negotiation strategies, impacting their social, environmental, quality, and other compliance performance, says a report by Better Buying.