Coats Crafts UK to end operations | Trims News UK
Home » News » Trims News » Coats Crafts Uk To End Operations

Coats Crafts UK to end operations

Share: 
      Newsletter

READ MORE ON BrexitCoatsThread Manufacturer

Coats Crafts UK

Image Courtesy: Coatscrafts.com

Coats, world’s leading industrial thread manufacturer and a major player in the Americas textile crafts market decides to close Coats Crafts UK, its British crafts business. Most of the operations will come to a halt by October this year. The company has ensured its customers on continuity of supply and the transition to alternative distributers.

Also ReadCoats completes Fast React and Gotex acquisitions

Anna Mitchell, Managing Director, Coats Crafts UK averred, “Coats is proud of its UK heritage and long association supporting UK based crafters and would like to thank all of our employees and customers, past and present, for their loyalty to our products and company.”

Furthermore, the thread manufacturer has said that the situation (Brexit) in the UK does not affect the Coats Americas Crafts business. This decision is entirely independent of the results of the EU Referendum. Employee consultation process was started before the vote, the company release mentions. Reasons behind the closure are yet to be revealed…

Coats, which operates in more than 60 countries worldwide, employs 19,000 people across six continents. On financial front, the company’s revenues stood at US $ 1.5 billion in the year 2015.

 

Have some news? Let us know on news@apparelresources.com

Comments are closed.

Recommended by Apparel Resources

Kingbird introduces high tenacity polyester yarn

Chinese yarn and thread manufacturer, Kingbird has created a high tenacity polyester yarn for North American and European markets. Suitable for technical textiles...

Coats’ Signal reflective tape enhances visibility in night

Coats Group plc, the world’s leading industrial thread and consumer textile crafts business, has added in its portfolio Coats Signal, a range of...

Coats launches AS threads for outdoor apparel

Coats Group plc, the world’s leading industrial thread and consumer textile crafts business, always comes up with new products and innovations to deliver...

Kingbird introduces ‘Standard 100 Oeko-Tex’ certified yarns and threads

China-based leading yarns and threads manufacturer, Kingbird, has introduced Oeko-Tex Standard 100 Certified yarns and threads. The manufacturer has already been certified with ATC,...

A&E launches eco-friendly industrial sewing thread in collaboration with Unifi

American & Efird (A&E), a global leader in industrial sewing thread manufacturing, has announced the official launch of an industry first, REPREVE® recycled core spun industrial sewing thread, Perma Core® using REPREVE...

Madura Coats launches Coats Permess Studio

Madura Coats, part of Coats, the world’s leading industrial thread manufacturer, in collaboration with Permess International has opened a Coats Permess Studio in...

Talon International to host exhibition in Los Angeles

Talon International Inc., a major global supplier of zippers, apparel fasteners, trim and stretch technology products, has announced that it will hold an...

Madeira unveils metallic embroidery thread – FS40

Metallic threads provide an unmatched look when used in embroidery. But, despite its great aesthetic value and enhancing designs feature, most of the...

Coats’ Red Heart yarn brand wins ‘Women’s Choice Award’

The Women’s Choice Award has honoured industrial thread manufacturer Coats as America’s most recommended yarn brand. The award, given to the company’s Red...

Bangladesh accessories exporters demand cash incentives

Garment accessories exporters in Bangladesh are demanding cash incentives from the Government to flourish their exports. The issue was raised by Bangladesh Garment...