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Lenzing Scores First-Half Earnings and Revenue Wins

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Lenzing Group is investing in increased capacities as demand and price strength underpin the fiber maker’s outlook. In a Nutshell: The Lenzing Group reported a significant improvement in revenue and earnings in the first half of the year. The Austria-based fiber manufacturer said growing optimism in the textile and apparel industry coupled with the ongoing…

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