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Business model

How Coats creates value

Our vision is to become the world leader in value adding engineered yarns and threads for industrial and consumer use, and our business model provides us with the framework to effectively design, manufacture, market and deliver high quality products and digital services.

Our financial strength, resilience and ability to generate free cash flow provides us with thecapacity to undertake well-considered, valuable investment into our products, services andpeople, to better meet our customers’ needs and further our success and brand reputation.

While having the right products and services is critical, what is fundamental to our success is our reputation. This ensures the trust and confidence of our stakeholders and therefore our ability to create ongoing value.

Three elements are pivotal to maintaining and further strengthening our reputation; our commitment to operating responsibly; our principles which guide our behaviours; and the effective and efficient management of risk. These components underpin our overall approach and impact every decision we make as they help to safe-guard our reputation.

 

Goals and culture

Financial strength | Risk management | Corporate Responsibility | Health and Safety

Our products and services: ‘Value enhancing products and services’

  • Apparel and Footwear We are the world’s leading manufacturer and supplier of a range of industrial sewing threads, with leading products such as Epic (fashion apparel), Dual Duty (denim) and Nylbond (footwear); under the Opti brand we are a major global manufacturer of metal, plastic and spiral zippers; and also offer a growing range of other trim products to the global garment industry, such as tapes and hook and loop. Our products are sold to thousands of apparel and footwear manufacturers around the world and we work with brands and retailers who often specify or nominate Coats products in manufacturers’ bill of materials.  
  • Performance Materials We produce multiple innovative threads and yarns for non-apparel and footwear uses and sell directly to global original equipment manufacturers (‘OEMs’). End-markets include household and recreation, healthcare (medical sutures), automotive (airbag thread), telecoms (coated fibreglass to provide strength to fibre optic cables), oil and gas (flame retardant thread for protective clothing) and composites (thread commingled with carbon that is pressed into carbon fibre shapes).
  • Americas Crafts We manufacture the leading, and award winning, handknitting yarn in North America (Red Heart), the leading yarn in Latin America (Cisne), a limited range of needlecraft products (such as consumer thread and zips) and lifestyle fabrics through our Free Spirit brand. In North America we sell to a handful of major retailers (and to lesser extent directly to consumers through Redheart.com); in Latin America we sell to a mix of major retailers, independent stores and distributors.  
  • Services Through the acquisitions of GSD and Fast React, we offer industry leading consultancy, tools (e.g. cost benchmarking) and software to garment manufacturers and brands/retailers to increase their productivity and reduce costs.
 

A world of opportunities

Find out what it's like to be part of a diverse global team

Careers with Coats

Our responsibilities

We're committed to growing as a sustainable business

Our CR approach

Corporate Responsibility

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We operate to the highest ethical business and employment standards across all our global operations

Our CR approach