News
2024-02-29
Utenos Trikotažas Group: Demand for Textile Manufacturing Expected to Recover in Second Half of the Year
Last year’s sales were severely affected by the global slowdown in demand, including the textile sector. The SBA Textile Group Utenos Trikotažas generated revenues of EUR 22.2 million in 2023, down 35.7% year-on-year. The last quarter of the year stood ...
2024-01-16
Key Takeaways from the 2023 Customer Satisfaction Survey
99% of our customers would recommend Utenos Trikotazas to others Utenos Trikotažas recently concluded its Customer Satisfaction Survey, with participation from clothing ...
2024-01-05
Embracing Circularity in Textiles: The Dawn of Transformative Industry Shift
One of the pressing sustainability issues that we identified in our recent article, in collaboration with Charles Ross , was the challenge of #circularity in textiles. An...
2023-12-21
Year End: Reflecting on 2023
For Utenos Trikotažas, 2023 posed challenges, yet our philosophy always leans towards optimism. Reflecting on the recent past, despite the global economic and geopolitic...
2023-11-09
Is There a Future for Synthetics in Textiles?
Recycled, Bio-based or Biodegradable – Are We Doomed to Compromise? The rise of green movements and the pressing need for sustainable practices have led to growing crit...
2023-10-31
Utenos Trikotažas Continues Business Optimization – Reduces Losses by One-Fifth
Within the first nine months of 2023, the SBA textile group, Utenos Trikotažas, reported revenues of EUR 17.2 million, representing a 34.7% decrease compared to the prev...
2023-10-02
SBA Group Offers Utenos Trikotažas Management the Opportunity to Acquire 10% of the Company’s Shares
Continuing its practice of motivating executives, SBA Group has signed an option agreement with three executives from Utenos Trikotažas, allowing them (along with their ...
2023-09-22
In Collaboration with Charles Ross: Article Series on Sustainability that Sells
Stay Tuned for the Hottest Topics by Internationally Acclaimed Textile Specialists We’ve recently teamed up with Charles Ross, a specialist in Performance and Sport...
2023-08-23
What Impact Does a Changed Company Leader Have on Sales
How the Best Attract the Best: Utenos Trikotažas Teams up with Acclaimed Textile Market Experts Exactly one year after Nomeda Kaučikienė, a development strategist with...