S&P Global Ratings has revised its outlook for Elevate Textiles Inc. to positive, signaling an improved view of the textile manufacturer’s credit trajectory. Elevate, headquartered in Charlotte, operates a global portfolio of textile brands serving apparel and other end markets. Its portfolio companies include American & Efird (A&E)*, Gütermann, Burlington, Cone Denim and Safety Components.
https://www.spglobal.com/ratings/en/regulatory/article/-/view/sourceId/11914080