Coats
Who we are
Coats is the world’s leading industrial thread company. Headquartered in the UK, we have a workforce of 18,000 in some 50 countries, across six continents around the world.
The pioneering history and innovative culture of Coats enable the delivery of its purpose to connect talent, textiles and technology to make a better and more sustainable world.
We provide complementary and value-adding products, services and software solutions to the apparel and footwear industries. We also apply innovative techniques to develop high technology performance materials threads, yarns, fabrics and composites in areas like personal protection, telecoms, energy, transportation, and household and recreation.
We are accelerating profitable sales growth and transforming Coats for the future.
Our Vision and Strategic Goals
Our vision is to be the global textiles leader and trusted partner delivering innovation, digital and sustainable solutions with lasting value to all stakeholders.
We have three strategic goals to work towards in order to achieve our vision.
Profitable sales growth
- Apparel & Footwear
Increasing our market share by delivering sustainable, innovative and value-adding product and service solutions to our global customer base. - Performance Materials
Lead with innovative and sustainable developments in highly engineered products creating textile-based industry solutions for attractive and growing end markets.
Continuing to strengthen the core
- Employee investment
Continued investment in the development of our employee capabilities so they can reach their full potential in a safe, respectful and inclusive workplace. - Customer centricity
Maintain focus to ensure we meet industry demand for speed, personalisation, innovation, cost, quality, reliability and sustainability in support of critical elements within the supply chain.
Value creation
Disciplined use of capital to fund inorganic opportunities to build scale and acquire new capabilities, technology and talent.
Our goals are underpinned by the following strategic enablers:
Digital
To stay relevant, we recognise the need to evolve in new directions. This requires us to think ‘beyond the stitch line’ to collaborate with internal and external stakeholders, to repurpose our products into new areas and use machine learning and artificial intelligence to inform new ways of operating, fit for the digital age.
Innovation
Innovation is at the heart of everything we do. We recognise that big, bold, game-changing ideas are crucial to our success.
We continue to accelerate our innovation credentials and solutions to deliver tailored customer solutions to meet their design requirements.
Sustainability
Sustainability has long been at the core of how we do business and is a key driver of our strategic decisions. Our sustainability agenda is important to all our stakeholders. Not only does it give us a competitive advantage, but it also allows us to help our customers with their own sustainability agendas.