#Spinning

2021-04-22

Per Olofsson new Managing Director of SSM

SSM Schärer Schweiter Mettler AG, has appointed Per Olofsson as Managing Director and member of the SSM Group’s management team effective April 1, 2021.

Mr. Olofsson is a Swedish citizen and holds a Master of Science Degree in Supply Chain and Operations Management from the University of Liverpool, United Kingdom, and an Executive MBA from the International Institute for Management Development (IMD) in Lausanne, Switzer-land. Per Olofsson joined the Rieter Group in 2013 and is an experienced operations manager with a proven management track record at both local and global level.

SSM, based in Wädenswil (Switzerland), is a subsidiary of the Rieter Group. SSM is the world’s leading supplier of precision winding machines in the fields of dyeing, weaving and sewing thread preparation and enjoys success in individual segments of filament yarn production.

SSM comprises the companies SSM Schärer Schweiter Mettler AG in Wädenswil and subsidiaries in Italy and China. SSM is represented worldwide in all major markets.

SSM welcomes Mr. Olofsson and wishes him a good start and a lot of success and fulfilment in his new function.

Up to 5% efficiency boost with Nema, SSM Digital Suite

Since 1854, AMANN has been one of the leading international manufacturers of high-quality sewing threads, embroidery threads and smart yarns. The company develops intelligent products, individual solutions and innovative concepts for the market needs of today and tomorrow. In doing so, AMANN combines tradition and innovation into functional threads for a wide range of applications.

Digitization to unlock performance and growth potential

To support customers on their digital journey and maximize the value of their digital transformation, SSM presents Nema, a digital suite allowing near real-time monitoring of connected machines, anytime, anywhere. With a clear overview of key performance indicators, Nema supports customers in taking data-driven actions in a timely manner and thus helps minimize downtime and waste.

Rieter reports stable order backlog and strategic progress – outlook for 2025 adjusted

In its Investor Update 2025, Rieter announced an order intake of CHF 203.9 million in the third quarter and CHF 559.3 million after nine months, reflecting a continued cautious investment climate in the textile machinery sector. Sales totaled CHF 121.5 million in the third quarter and CHF 457.7 million for the first nine months of the year, while the order backlog stood at around CHF 590 million as of September 30, 2025.

Nike unites innovation, design and product teams to accelerate athlete-centered innovation

Nike, Jordan Brand and Converse are joining forces under a new, athlete-focused creation structure aimed at accelerating innovation and driving growth across NIKE, Inc. The new setup unites the Innovation, Design and Product teams from all three brands into a single “creation engine” that will enable greater sharing of insights, technology and manufacturing methods throughout the innovation process. This integration is part of Nike’s new Sport Offense strategy and is designed to enhance the creation of products that help athletes perform at their best.

DORNIER celebrates its anniversary at ITMA Asia + CITME

To mark its 75th anniversary, machine and plant manufacturer Lindauer DORNIER will be presenting the latest developments in its rapier and air-jet weaving machines at ITMA Asia + CITME in Singapore (Hall 2, Stand B401) from 28 to 31 October 2025. The focus will be on energy-efficient weaving technologies, new IoT solutions for networked textile production and systems for the series production of modern fibre composite components.

BCI warns against ‘dangerous dilution’ of EU corporate directives

The approval of the European Commission’s Omnibus I proposal by the European Parliament’s Committee on Legal Affairs, accepting controversial changes to key sustainability directives is of great concern. These changes, namely to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), threaten to significantly dilute business reporting and due diligence obligations.

Pioneering open-source framework shows how early innovation drives a just and net-zero fashion future

The non-profit H&M Foundation, in collaboration with Accenture, has unveiled From Signals to Systems Change, an insight report calling on the fashion industry to rethink its role in transformation. At its core is the Reimagined System Map, a pioneering open-source framework that visualises how early-stage innovation could drive a just and net-zero textile future.