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Two wins for Coats at Corporate and Financial Awards

Coats, the world’s leading industrial thread manufacturer and a major player in the Americas textile crafts market, has won two awards at the 2017 Corporate and Financial Awards. It won Gold in the ‘Best online report: AIM/ small cap’ category and was also named ‘Best in-house corporate and financial communications team’, one of the most coveted awards of the event.

The Corporate and Financial Awards recognises excellence in all aspects of financial and corporate communication. The sixth annual Awards Ceremony was held on Tuesday 26 September, at The Brewery in London.

Coats 2016 Annual Report was themed ‘Harnessing talent and technology in textiles’ and featured a redefined online presence. The content-rich, mobile responsive mini site, kept to single page to provide users with a concise and consistent form of navigation and earned resounding praise from the Awards judges for ‘its clean and clear layout and exceptional attention to detail.’

‘Best in-house corporate and financial communications team’ recognises ability to effectively communicate and engage with a variety of stakeholders, using tailored communications strategies and tools. It is in the ‘Special awards’ section which are the most coveted of the event. The small Group Communications team at Coats was described as: ‘motivated, creative and dynamic’ and ‘exhibited creativity, innovation and panache in the managing of major corporate announcements and the development of its global communications campaigns.’ The judges also ‘lauded the group’s stellar communications strategy and multifaceted approach to managing global communications for a large organisation.’

Coats has experienced an unprecedented period of corporate change recently, including a new Group Chief Executive, two acquisitions, closure of the UK Crafts business and settlement with the UK Pensions Regulator.

To see the Coats 2016 Annual Report go to:


For more information, please contact:

Kristina Blissett, Head of Communications
T +44 (0)208 210 5084, M +44 (0)7714 539887

Notes to Editors

About Coats
Coats is the world’s leading industrial thread manufacturer and a major player in the Americas textile crafts market. At home in some 60 countries, Coats employs 19,000 people across six continents. Revenues in 2016 were US$1.5bn.

Coats’ pioneering history and innovative culture ensure the company leads the way around the world: providing complementary and value added products and services to the apparel and footwear industries; applying innovative techniques to develop high technology Performance Materials threads and yarns in areas such as automotive, composites and fibre optics; and extending the crafts offer into new markets and online.

Headquartered in the UK, Coats is a FTSE 250 listed company on the London Stock Exchange.

  • Each year we make enough thread to go into 8 billion pairs of jeans – that’s one for every person on the planet
  • Every month Coats produces enough thread to stretch all the way to the sun
  • More than 450 million pairs of shoes are made every year using Coats’ thread
  • More than 100 million car airbags are made using Coats’ Performance Materials thread every year
  • In 1879 Thomas Edison used Coats’ thread in his experiments to invent the light bulb
  • Our Red Heart knitting and crochet yarn brand has been named ‘America’s Most Recommended’ by the Women’s Choice Award for three years running
  • Our flame retardant Performance Materials threads can withstand temperatures as high as 1,000 degrees Celsius
  • Coats is the second largest supplier of zips to global brands