All Texon articles
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ArticleCoats Group forecasts gradual demand improvement in H2
The U.K.-based maker of industrial yarns and structural components for footwear and apparel faced H1 headwinds due to difficult year-over-year comparisons and widespread industry destocking. Adjusted operating profit slipped by 14 percent to $107 million from $125 million for the six months ended June 30. Revenues fell by 11 percent ...
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ArticleCoats launches new footwear division
Coats, the UK-based manufacturer of industrial yarns and structural components for apparel and footwear, has launched a new footwear division following its acquisition of Texon and Rhenoflex in 2022. Following a period of integration, Coats Footwear was launched, offering an expanded range of components and material solutions to footwear and ...
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ArticleCoats acquires Texon
Coats Group, a U.K.-based manufacturer of industrial yarns, has reached a definitive agreement to acquire Texon, a supplier of components and materials for footwear, accessories and apparel for Nike, Adidas and other brands, for an enterprise value of $237 million and a total cash value of $211 million after deductions ...
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ArticleTexon introduces “ground-breaking” ProWeave technology
Texon International has presented ProWeave, describing it as a “ground-breaking” jacquard weaving technology which it claims makes it possible to seamlessly integrate functional and design weaving into a single sheet of material. The company says that a number of world-leading sports brands are currently evaluating its new performance fabrics. According ...
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News briefsTexon unveils new recyclable insole technology
Texon, the U.K.-based producer of materials for the footwear industry, has unveiled a new insole technology that is based on 85 percent recycled polyester (rPET) and is 100 percent recyclable. Texon Ecoline is produced with a special fusion-bonded process that enhances the internal bond structure of the material’s fibers, which ...
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News briefs
Texon seeking "zerofootprint"
Texon, the producer of materials for the footwear industry, is seeking to achieve what it calls a “zerofootprint” by 2025. It is pledging over the next five years to reduce its carbon footprint and use of virgin raw materials – particularly cellulose – by 50 percent, to increase the portion ...
