Wagons close to +27% in 2011

class="contentheading" Cariaggi close to +27% in 2011

colspan="2" class="createdate"> Tuesday, January 24, 2012 Cariaggi Fine Yarns Collection, spinning Marche specialized in the processing of cashmere, vicuña wool and surfaces, closed 2011 at a height of 88.74 billion euros, a growth of 27.34% on 2010, who had already scored a +25% over the previous year.

General, notify the company in a statement, in 2011 the company reported better results compared to 2010 all countries where it operates, with in particular an increase of 1, 6% in emerging markets.

"We believe that the biggest challenge for the spinning mills that operate at international level is becoming increasingly competitive, thanks to continuous investments in new yarns, innovation of existing products, the enhancement of our services, research and staff training all in ever shorter time required by the market, "said Piergiorgio Cariaggi, CEO. "These strategic investments are also to maintain its competitiveness in times of crisis like the present. Wagons has never changed its investment policy and will continue to invest in 2012 to increase in particular the promotion and export sales and be more able to react quickly to market demands. "

Photo: Yarn Cariaggi