April 13, 2026
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Home Articles posted by Textile Insights (Page 23)
Corporates

Rieter, ARISE IIP And Afreximbank Sign Landmark Agreement For Africa’s Textile Renaissance

Textile Insights
ARISE IIP, a leading developer of industrial parks in Africa, has joined forces with the African Export-Import Bank (Afreximbank) and Rieter, a global leader in spinning systems for yarn manufacturing. Together, they aim to drive the “Africa Textile Renaissance Plan” – a transformative initiative to revitalize Africa’s textile industry and create sustainable growth. This
Apparel, Fashion, Retail

Allen Solly’s Largest Store In India Unveils New Brand Identity

Textile Insights
Allen Solly, a leading brand under Aditya Birla Fashion and Retail, has launched its largest store in India in Hyderabad’s upscale Banjara Hills, introducing a fresh brand identity. This expansive 5,300 sq. ft. store, spanning three levels, offers a world-class shopping experience designed to meet the growing fashion needs of Hyderabad’s style-conscious consumers. The new
Financial Results

PDS Ltd Reports Record Sales In Q2 FY25

Textile Insights
PDS Ltd, a global fashion solutions and infrastructure company, has announced its financial results for Q2 FY25, achieving its highest-ever quarterly sales. The company, known for providing customized solutions to global brands and retailers in product development, sourcing, manufacturing and brand management, reported a Gross Merchandise Value (GMV) of Rs 5,437 crore for
Corporates

Syre, RE&UP Recycling Technologies, And Sci-Lume Labs Inc. Join ITMF As Corporate Members

Textile Insights
Three innovative companies, Syre, RE&UP Recycling Technologies, and Sci-Lume Labs Inc., have recently joined the International Textile Manufacturers Federation (ITMF) as corporate members, strengthening the organization’s commitment to promoting sustainability and circularity in the textile industry. Syre, focused on decarbonizing and dewasting textiles, aims to
Corporates

Rieter Issues CHF 65 Million Bond

Textile Insights
Rieter has successfully placed a CHF 65 million bond with a five-year term and a 3.5% coupon rate. The net proceeds will support general corporate purposes, enhancing Rieter’s financial flexibility and extending its debt maturity profile. “This bond not only diversifies our investor base but also strengthens our strategic flexibility,” said Oliver Streuli, CFO of

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