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February 8, 2022

Stretchline Holdings combines UK, US operations

Stretchline Holdings' acquisition of the UK and US businesses will allow it to grow its network and improve innovation.

By Hannah Abdulla

Stretchline Holdings Ltd has acquired Stretchline’s UK and US operations in a move it says will further strengthen its position as the world’s largest manufacturer of narrow elasticated fabric and a major supplier of covered elastomeric yarn, textile coating and bonding solutions.

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Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.
by GD50 Custom
Enter your details here to receive your free Whitepaper.

Under the move, Stretchline’s worldwide operations will now manage three manufacturing sites across the UK (Sherston in Wiltshire, Whetstone in Leicester, Long Eaton in Nottingham) and one in the US (Rocky Mount in North Carolina).

Stretchline products can be found in a wide variety of applications, including intimates, swimwear, activewear, outerwear, footwear, wearable technology, and medical applications.

“Last year, we started our Made for Better plan – an ambitious 2025 target that will see us grow our leadership in sustainability and innovation, as well as services to our customers, and opportunities for our colleagues. This latest development allows us to do this to a greater extent than ever before – with new team members, new expertise and new solutions,” says Xavier Vidal, Stretchline CEO

Through the partnership, Stretchline says it will be able to grow its network, improve innovation, and expand expertise into new industries such as haberdashery, law enforcement, defence, marine, and furnishings.

As part of a stronger, bigger team, Stretchline now offers access to an increased number of services, improved speed of production, the potential for a reduced carbon footprint, and the capability to be available when and where its customers need them.

“More services, closer to where our partners are – that’s been our focus over the last 25 years and, in that time, we’ve grown from one base in Sri Lanka to operations in seven countries. This latest development strengthens our focus – putting us on the path to find even more ways to support our customers,” adds Norman Collier, shareholder of Stretchline UK.

Related Companies

Free Whitepaper
img

What is the impact of historically high inflation on the UK consumer landscape?

The average UK consumer is experiencing a severe cost-of living crisis as inflation surges to a forty-year high and the price of goods continues to rise. This shock is the result of the sharply increasing costs of commodities, energy, and the ongoing conflict in Ukraine, and is threatening FMCG manufacturers, retailers, and foodservice operators’ ability to survive and grow. Inflation will have a profound effect on many consumer-facing industries in 2022 and beyond. Consult GlobalData’s new whitepaper, Inflation in the UK: The Impact of Historically High Inflation on the UK Consumer Landscape, to better understand shifts in consumer behavior and their impact on spending patterns, as well as the implications for UK businesses. This whitepaper covers:  
  • Why has global inflation returned with a vengeance?
  • What is the current inflation situation in the UK?
  • What impact is inflation having on UK retail sales?
  • What tactics are businesses relying on to tackle the effects of high inflation?
  • How are consumers changing their behaviors to cope with the higher cost of living?
  • Which industry sectors are most vulnerable to reduced consumer demand?
  • How is the government responding to high inflation?
  • How long will high inflation last in the UK?
  • How can your company survive and thrive in a high inflation environment?
Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.
by GD50 Custom
Enter your details here to receive your free Whitepaper.

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