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Home » apparel industry » Coats Industrial Thread Company Honored Today
Tuesday, June 23, 2015
Coats Industrial Thread Company Honored Today
The ceremony was attended by Chairman, Mike Clasper; Group Chief Executive Paul Forman and other members of the Coats Board, management, employees and advisers.
Mike Clasper, Chairman, Coats Group plc, said: ‘Coats is a world class manufacturing business with a rich heritage that dates back to the 1750s. The business has successfully reinvented itself over the last decade in order to meet the changing needs of our customers and consumer demand. Returning to the market under our own name during the 125th anniversary year of our initial listing on the London Stock Exchange is worthy of celebration and participating in today’s Market Open Ceremony is a wonderful way to do that.’
After first listing in 1890, and also being a founding member of the FT30 index created in 1935, Coats was taken private in 2003. In February 2015, GPG Group plc, Coat’s owner, released its preliminary financial results for 2014 which included the announcement that Coats was being established as the standalone, listed entity.
With a rich heritage dating back to the 1750s, Coats is the world's leading industrial thread and consumer textile crafts business, at home in more than 70 countries, employing over 20,000 people across six continents. Revenues in 2014 were US$1.7bn.
You may also want to read our recent news post about Coats Acquiring GSD.
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Fashion blogs typically cover various aspects of clothing, footwear and personal style. Ours is exactly what one would expect from a leading international resource and more.
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Beauty: We do write articles about cosmetics, fragrances, hairstyle trends, and a wide assortment of beauty tips. Models, stylists, fashionistas, and photographers, will surely find news articles of interest.
Essentially, we cover most of the topics you would find in an industry journal as well as other topics that you would discover in a typical fashion magazine.
Fashion is a multi-billion-dollar industry that has considerable impact on the way ordinary people dress and present themselves. Fashion is trend-driven and our fashion blog by Apparel Search provides a riveting way to follow and oversee these fast-paced trends. The blogoshepere has tons of style sites for your review. We thank you for taking the time to view ours.
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