Coats Group Sees Apparel and Footwear Momentum Continue
The industrial yarn and footwear component supplier said that sales ticked up 2% (+4% CC) for the three months ended Apr. 30, with apparel improving 3% and footwear up 4%, partially offset by weakness in performance materials, which was down 3%. The performance materials segment excludes the U.S. yarns business, which had sales of $68 million and EBIT of $3 million last year. The sale of the U.S. yarns business and ... Log in to view full article.
