Coats Group Stays Steady Amidst Market Dips

Coats Group maintains steady financial outlook despite slight revenue drop, attributing it to cautious customer ordering patterns due to economic uncertainties and trade tariffs. The company gains market share and sees growth in Chinas domestic market. Coats Group acquires OrthoLite to expand into the footwear insole market and restructures its Apparel and Footwear divisions to strengthen business mix and support medium-term growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.