Marks & Spencer announced that it would close all ten of its department stores on Mainland China. Its Internet shopping site and stores in Hong Kong will continue to be operated. The leading U.K. retailer closed five of its fifteen stores in China in 2015 with an aim at improving its management, but continued to suffer as consumers have been shifting toward Internet shopping.
Trützschler GmbH & Co. KG has introduced its new Breaker Draw Frame TD 9T, which is called TWIN Draw Frame. TWIN means a draw frame with two deliveries, but not based on the traditional double head principle. The advantage of low space requirement has been maintained. However, the disadvantage of double head draw frames, poor efficiency, has been eliminated.