UK-based industrial thread manufacturer Coats Group reported a return to organic growth following a strong operational performance in three months to 30 April.

As per Fashion Network, the group’s organic sales for the three-month period grew by 26 per cent year-on-year, versus just a 1 per cent gain in 2019.

Its apparel and footwear reported a 30 per cent jump in organic sales versus a flat 2019 period.

Meanwhile, against 2019, the core thread business — which represents around 85 per cent of Apparel and Footwear — grew by 2 per cent. Performance Materials organic sales also rose by 14 per cent versus 2020 and by 4 per cent versus 2019. Rajiv Sharma, CEO, says, the company expects recovery in trading to continue and its anticipated performance for the year will be slightly ahead of its previous expectations.