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SPAIN: Dogi sells Thai subsidiary stake, replaces CEO

11 October 2010

Spanish stretch-fibres firm Dogi has sold its 50% stake in Thai subsidiary Penn Asia for EUR2.6m (US$3.6m) and reshuffled its top management as it continues to streamline its business.

SPAIN: Dogi reports EUR19.3m first-half profit

31 August 2010

Spanish stretch-fibres maker Dogi has posted a EUR19.3m (US$24.6m) first-half net profit - its first in as many years - as sales rose 2.5% to EUR33.9m, the company announced in a regulatory statement.

SPAIN: Dogi emerges from bankruptcy

28 July 2010

Spanish stretch-fibres firm Dogi has emerged from bankruptcy after 77% of creditors approved its turnaround plan, the company announced in statement filed with local stock market watchdog CNMV.

SPAIN: Dogi to sell stake in Sri Lanka unit

23 June 2010

Spanish textiles company Dogi International Fabrics has announced the sale of its stake in Sri Lankan unit DogiEFA to a local partner for US$800,000.

SPAIN: Dogi restructuring helps H1 losses drop sharply

18 May 2010

Dogi, the bankrupt Spanish textiles firm, today (18 May) reported a EUR1.4m (US$1.7m) first-half loss, five times less than the EUR6.9m decline in the year-ago period, as its turnaround plan bore fruit.

SPAIN: Dogi cost cutting reduces FY loss

6 April 2010

Bankrupt Spanish stretch-fabrics maker Dogi has reported a EUR59.17m (US$79.1m) loss in 2009, down 33% from 2008, on the back of a major cost cutting effort.

SPAIN: Dogi cuts workforce hours – reports

24 March 2010

Spanish fibres company Dogi is planning to temporarily cut the hours of nearly 250 staff at its Barcelona factory, according to local media reports.

SPAIN: Nearly 150 textile firms bankrupt in 2009

6 January 2010

Spanish textile bankruptcies soared 53% to 145 companies last year as the country’s recession continued to dent clothing purchases, with leading firms such as Dogi and Caramelo seeking court protection from creditors.

SPAIN: Bankrupt Dogi´s losses soar in first half

9 October 2009

Dogi, the bankrupt Spanish stretch fibres firm, has posted a EUR25.6m (US$37.7m) loss in the first half of 2009, up from EUR6.6m in the same 2008 period, hurt by restructuring costs and plunging sales.

SPAIN: Textile firms seek aid package to match auto bailout

28 September 2009

Spain’s beleaguered textiles industry has asked the government to introduce an aid package similar to the EUR800m bailout package for the auto industry, or watch the sector disappear.

SPAIN: Dogi reviews factories, more layoffs expected

5 June 2009

Bankrupt Spanish textiles firm Dogi could sell parts of its European and Asian factories and dismiss some of their 850 workers, a company spokeswoman confirmed to just-style on Friday (5 June).

Top stories on just-style this week...

5 June 2009

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.

Top stories on just-style this week...

29 May 2009

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.

SPAIN: Fabric firm Dogi files for insolvency

27 May 2009

The Spanish textiles unit of Dogi International Fabrics has applied for a voluntary insolvency process, due to industry difficulties and the current international financial downturn.

SPAIN: Dogi banks on new eco-friendly fabric range

9 February 2009

Spanish elastic fabrics maker The Dogi Group said it has added more eco-friendly fabrics to its Be natural Eco range.

SPAIN: Textiles industry pleads aid as layoffs mount

28 January 2009

Spain’s beleaguered textiles industry, reeling under mounting bankruptcies and layoffs, hopes to obtain a credit line from state credit agency ICO, a spokesman for top industry lobby Consejo Intertextil Espanol (CIE) has confirmed to just-style.

SPAIN: Dogi seeks buyers for El Masnou factory

11 December 2008

Beleaguered Spanish stretch-fibres maker Dogi is seeking buyers for its fledgling factory in El Masnou, Spain, just-style has found out.

SPAIN: Saez Merino goes bust as textile insolvencies rise

3 December 2008

Saez Merino, which made jeans for the Lois and and Caroche brands, has been liquidated, ceasing operations and dismissing 350 workers after four years of painful restructuring culminated in bankruptcy court.

SPAIN: Dogi rejects liquidity crisis, narrows losses

5 September 2008

Struggling Spanish stretch-fibres company Dogi has rejected rumours that it is facing a liquidity crisis after a troubled share offering in August raised concerns about its financial health.

Top stories on just-style this week...

5 September 2008

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.

SPAIN: Dogi launches nanotech fibres line

7 July 2008

Spanish sretch-fibres company Dogi has launched Winn, Wellness+Innovation, a new line of nanotechnology fibres that expand its aloe vera-based products introduced last year.

SPAIN: Dogi launches sun-blocking fibres

20 June 2008

Spain-based Dogi has launched a new line of functional stretch-fibres with sun-blocking benefits, the company announced in a statement to just-style on Friday.

SPAIN: Dogi to supply fabrics for M&S lingerie

13 May 2008

Spanish textiles company Dogi has won a contract to supply Marks & Spencer's Sri Lankan lingerie supplier with stretch fabrics for upcoming lines, the company has announced in a statement to just-style.

SPAIN: Dogi closes Philippines factory with loss of 322 jobs

14 April 2008

Spanish stretch-fibres maker Dogi will shut its Philippines factory, axing 322 jobs, and launch a EUR25-EUR30m share offering to boost its balance sheet after the credit crisis has raised corporate financing costs.

SPAIN: Dogi wins deal to supply lingerie fibres

11 April 2008

Loss-making Spanish textiles company Dogi said Wednesday (9 April) it has won a contract to supply stretch fibres to local lingerie maker Teleno, making it the second large supply deal in two months.

SPAIN: Dogi wins Speedo supply contract

13 March 2008

Speedo has agreed a supply deal with struggling Spanish textiles group Dogi.

Top stories on just-style this week...

7 March 2008

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.

SPAIN: Dogi’s losses widen on Asian woes

4 March 2008

Troubled Spanish stretch-fibres maker Dogi posted a EUR21.7m (US$32.9m) loss in 2007 - after saying it would report a profit - amid Asian production bottlenecks and the slow launch of new products.

SPAIN: Dogi relocates HQ, quiet on profit guidance

17 December 2007

Embattled Spanish stretch-fibres maker Dogi Group will move its corporate headquarters to the industrial site of El Masnou, Barcelona, where it is building a new textiles plant set to come on stream next July.

SRI LANKA: New DogiEFA warp knit plant to boost EU exports

23 October 2007

The new warp knit facility opened by DogiEFA at the MAS Fabric Park should help to boost Sri Lankan exports to the EU, through domestic production credentials.

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