Corporates

ACG Kinna Acquires Styrteknik, Expands Automation Offer

Textile Insights September 16, 2024

ACG Kinna Automatic AB has acquired 100% of Styrteknik Europe AB, a Sweden-based company specializing in industrial sewing machines and automatic systems for sewing circles and cross seams in cushions, mattresses, pads and other filled products. Founded in 1974, Styrteknik has become a market

Corporates

Durst Group Appoints Chris Schowalter As Global Sales Director Software

Textile Insights September 15, 2024

Durst Group, a leading manufacturer of advanced digital printing and production technologies, has announced the appointment of Chris Schowalter as its new Global Sales Director Software. This move underscores Durst’s commitment to expanding its software solutions for the printing industry. With over 20 years of experience in the print sector, particularly in inkjet

Product Launch & Innovation

LYCRA Presents Sustainability Innovations At Dornbirn GFC

Textile Insights September 15, 2024

The LYCRA Company, a global leader in fibre and technology solutions, will make presentations at the Dornbirn Global Fiber Congress (GFC) from September 11-13 in Dornbirn, Austria. The presentations will highlight key initiatives from The LYCRA Company’s Planet Agenda platform and 2030 Sustainability Goals. Jean Hegedus, Director of Sustainable Business Development at The

Event

Gartex Texprocess India New Delhi Attracts 11,916 Visitors

Textile Insights September 15, 2024

The 11th edition of Gartex Texprocess India concluded on a high note at Yashobhoomi, New Delhi, attracting 11,916 B2B visitors from 311 Indian cities and 29 countries. The event showcased advanced textile technologies and solutions, drawing a diverse mix of apparel brands, garment manufacturers, boutique owners, buying houses, textile mills, and more. The exhibitors were

Corporates

Alchemie Wins Best CleanTech Dyeing Award

Textile Insights September 15, 2024

Alchemie Technology has been named the Best CleanTech Textile Dyeing Solutions Company at the SME Midlands Enterprise Awards 2024. This prestigious award recognizes Alchemie’s innovation and leadership in revolutionizing textile dyeing with sustainable, innovative solutions. The SME Midlands Enterprise Awards celebrate exceptional businesses that drive economic growth and

Industry

GAFI To Boost Investment With AI-Driven Upgrades

Textile Insights September 15, 2024

Egypt’s General Authority for Investment and Free Zones (GAFI) announced a partnership with the Ministry of Communications and Information Technology to upgrade GAFI’s platform using AI technology. This upgrade will allow GAFI to analyze data from the 400,000 economic entities it oversees, aiming to craft both short-term and long-term strategies to enhance Egypt’s

Corporates

Shawmut Acquires Fairystone, Launches Shawmut Infinite

Textile Insights September 15, 2024

Shawmut LLC has announced the acquisition of long-time warp-knitting supplier Fairystone Fabrics through its newly formed affiliate, Shawmut Infinite. Operating out of Burlington, NC, Shawmut Infinite will serve as an independent supplier of contract knitting and warping services, maintaining Fairystone’s management team and workforce. This asset purchase will allow

Apparel, Fashion, Retail

Monte Carlo Partners With Salesforce To Enhance Customer Experience

Textile Insights September 13, 2024

Monte Carlo Fashions has entered into a strategic partnership with Salesforce to elevate its customer engagement initiatives across digital and physical platforms. This collaboration marks a significant step in Monte Carlo’s transformation from a winter-wear specialist to a year-round fashion brand, appealing to a broader audience while maintaining its iconic status in

Corporates

Arvind Invests Rs 48 Cr In Subsidiary ATPPL For Expansion

Textile Insights September 13, 2024

Arvind Limited has made a further investment of Rs 48 crore in its wholly owned subsidiary, Arvind Technical Products Private Limited (ATPPL), through a rights issue. This investment is aimed at meeting ATPPL’s long-term funding needs, working capital expenditure, and general corporate purposes. Arvind’s shareholding in ATPPL remains unchanged at 100% (including

Fibre

Polyester – The Magical Fiber

Textile Insights September 10, 2024

Polyester is the most ubiquitous fiber in textiles, serving as a staple in everything from couture to fast fashion, sportswear to high-tech garments, and bedding to home furnishings. Its unique properties make it suitable both as a standalone fiber and in blends with natural or other fibers. Globally, polyester is projected to grow at the […]