{"id":27314,"date":"2024-07-03T19:12:43","date_gmt":"2024-07-03T13:42:43","guid":{"rendered":"https:\/\/coats.com\/?post_type=news_post_type&#038;p=27314"},"modified":"2024-07-03T19:17:13","modified_gmt":"2024-07-03T13:47:13","slug":"coats-footwear-france-solidifies-business-integration","status":"publish","type":"news_post_type","link":"https:\/\/www.coats.com\/tr\/news\/2024\/07\/coats-footwear-france-solidifies-business-integration\/","title":{"rendered":"Coats Footwear France solidifies business integration"},"content":{"rendered":"<p><strong>Coats Footwear announced that its two French operating entities, Rhenoflex France and Texon France are merging to create a new combined business that will be known as Coats Footwear France.<\/strong><\/p><p>Effective from July 1, 2024, this change is a key final step in the creation of Coats Footwear France, underscoring Coats&#8217; ongoing commitment to enhancing its products and services.<\/p><p>While the creation of Coats Footwear France is predominantly a legal change, there will be clear benefits for the company\u2019s customers, suppliers and partners.<\/p><p>With associates now working for a single business entity, Coats Footwear France will be able to:<\/p><ul class=\"wp-block-list\"><li>Further streamline day-to-day activities and decision-making<\/li>\n\n<li>Leverage synergies across its operations and supply chain<\/li>\n\n<li>Enhanced communication as one cohesive team dedicated to serving customers<\/li>\n\n<li>Operate faster and more efficiently \u2013 to better serve customers<\/li>\n\n<li>Simplify financial reporting and compliance on regulatory matters<\/li><\/ul><p>Robert Grueneberg, President at Coats Footwear France, said: &#8220;We are pleased to announce the formation of Coats Footwear France. This important legal step represents a significant milestone for the Coats Footwear team. Combining our strengths legally, to create a single robust foundation for sustainable growth, will enable us to drive innovation, expand our reach and ultimately better serve our customers, suppliers and partners.\u201d<\/p><p><strong>Coats Footwear<\/strong> is a global leader in footwear and lifestyle solutions, offering best-quality and high-performance threads and components with a focus on innovation and sustainability. The business works with most of the world\u2019s leading footwear and lifestyle brands and has an unparalleled range of more than 450 products \u2013 from heel counters to toe puffs and everything in between including cellulose solutions, reinforcement components and threads.<\/p><p><strong>ENDS<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Coats Footwear announced that its two French operating entities, Rhenoflex France and Texon France are merging to create a new combined business that will be known as Coats Footwear France.<\/p>","protected":false},"featured_media":27315,"template":"","news-type":[150],"class_list":["post-27314","news_post_type","type-news_post_type","status-publish","has-post-thumbnail","hentry","news-type-product-services"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.2 (Yoast SEO v25.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coats Footwear France solidifies business integration | 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