Textination Newsline - February 07, 2012

© Hugo Boss AG  

Boss Group expects Sales of 3 Billion Euro

The Hugo Boss fashion group of Metzinger increases its medium-expected profits significantly. The AG expects to achieve sales of EURO 3 billion in 2015. At the same time, the operating profit (EBITDA before special items) is expected to rise to EURO 750 million. To strengthen and secure the long-term growth, the corporation intends to invest EURO 150 million in the company location in the coming years.

In the fiscal year 2010 the company, which was founded in 1924 by Hugo Ferdinand Boss as a workshop, achieved a turnover of EURO 1.7 billion. With this result the Hugo Boss Group belongs to the world leaders in the premium and luxury segment of the apparel market. >> read more    

China Sourcing Fair Miami Preview

The China Sourcing Fair will be held at the Miami Beach Convention Center from July 10th through 12th, giving North and Latin American buyers the opportunity to interact with and purchase from the best and brightest Chinese manufacturers. The 2012 fair will be the second in Miami, after a successful launch in July 2011. Global Sources USA, a publishing company focused on the import/export industry, has run China Sourcing Fairs in a number of locations around the world since 2003. The trade shows connect Chinese and other Asian manufacturers with global buyers.

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The C.L.A.S.S. Eco-Library

C.L.A.S.S. (Creativity, Lifestyle & Sustainable Synergy) will attend the Future Fabrics Expo, London, and co-host the Sustainable Fibre Showroom in Amsterdam with Made by to present a selection of innovative, sustainable materials from its Eco-Library three product categories: Naturals & Organics such as wool, silk, cashmere, cotton, linen, hemp, vegetable tanned & dyed leather, Repurposed & Recycled such as recycled polyester (e.g. Newlife™), recycled polyamide, recycled cashmere, recycled cotton and denim, and Innovative Reneweables such as paper, ...

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