Categories: Other

Polygiene have a positive first quarter

Polygiene, maker of antimicrobial textile technology, has reported positive sales growth in the first quarter of 2020, despite production stops across Asia and other challenges related to the coronavirus. Estimated sales revenue for the quarter indicates a 4.3% increase compared to last year.

“Our situation was affected by the long break in production mainly in China but also elsewhere in Asia”, says Ulrika Björk, CEO of Polygiene AB. However, she said, the company was able to deliver deferred orders from February during the month of March, resulting in some orders ending up in April.

“We have not seen any reduction or drop in the number of orders so far, and sales remain strong despite hiccups in logistics over the last few weeks,” she said. “We have seen a tremendous increase in interest in our product that has antiviral properties, which resulted in the launch of ViralOff in the beginning of April.” concludes Ulrika Björk.

With the success of ViralOff’s launch, the company expects to soon see follow-up orders from previous orders for masks and scrubs.

Source: Sports Textiles

Recent Posts

VIP Clothing expands portfolio with premium products

VIP Clothing has entered a new market segment with the launch of branded handkerchiefs while also expanding its presence within…

22 mins ago

Cotecna launches advanced testing laboratory in Tirupur

Cotecna has officially opened its new Softlines Testing Laboratory in Tirupur. The inauguration was led by Amit Chopra, along with…

26 mins ago

Loop Industries expands recycling technology to Europe and India

Loop Industries has raised €10 mn through a convertible preferred security agreement with Reed Societe Generale Group, an entity under…

24 hours ago

OJAS and Maharishi collaborate on capsule collection

OJAS has partnered with Maharishi for a capsule collection in military-inspired aesthetics featuring Maharishi’s Original Snopants, sweatshirt, and a tote…

24 hours ago

Red Run expands into menswear with Drop 1 collection

Red Run has announced its foray into menswear with menswear collection, titled ‘Drop 1,’ featuring 10 essential pieces designed for…

2 days ago

INEOS Styrolution launches recycled polystyrene yoghurt cups

INEOS Styrolution, a global leader in styrenics, has successfully completed its first project involving mechanically recycled polystyrene in yoghurt cups.

2 days ago