Corporates

Herman Kay To Lead Calvin Klein Outerwear

Textile Insights June 9, 2025

PVH Corp. and Herman Kay-Mystic LLC have announced a licensing agreement for select wholesale men’s and women’s outerwear under the Calvin Klein and Tommy Hilfiger brands across U.S. and Canada, set to launch in Spring 2026. PVH, known for its expansive global licensing business, is

Corporates

Wellman Seeks Examinership For Mullagh Plant

Textile Insights June 9, 2025

Wellman International Ltd, a subsidiary of Indorama Ventures, has filed a petition with the High Court seeking examinership for its Mullagh-based operations following substantial financial losses over the past two years. The company reported multi-million-euro losses in 2023 and 2024, citing a sharp rise in energy costs—driven by geopolitical instability—and intensifying

Corporates

Fenix Outdoor Group Partners with TextileGenesis for Fibre-to-Retail Traceability

Textile Insights June 9, 2025

Collaboration boosts transparency across Fenix’s supply chain, reinforcing sustainability and regulatory compliance. TextileGenesis, a Lectra company, has partnered with Fenix Outdoor Group—owner of premium outdoor brands like Fjällräven, Hanwag, Royal Robbins, and retailers such as Globetrotter and Naturkompaniet—to implement fibre-to-retail (FTR) traceability

Corporates

Recover And TextileGenesis Partner To Digitally Trace Recycled Fibre Supply Chains

Textile Insights June 9, 2025

Partnership enables end-to-end traceability of recycled cotton and polycotton, supporting circularity and regulatory compliance. Recover, a global leader in recycled cotton fibres, has partnered with TextileGenesis, a Lectra company, to digitally track recycled materials across the textile value chain using Fibercoin technology. The pilot project creates a verified chain

Corporates

U.S. Tariff Hits Sri Lanka Apparel; Teejay Eyes Egypt, Indonesia

Textile Insights June 9, 2025

Sri Lanka’s apparel industry is confronting a severe challenge as the United States imposes a steep 44% tariff on garment imports from the island nation, one of the highest duties applied to any exporting country. With the U.S. representing Sri Lanka’s largest apparel market, the move is expected to significantly dent competitiveness, potentially leading to […]

Corporates

Kitex Garments Explores Investment In Andhra Pradesh

Textile Insights June 9, 2025

Kitex Garments, a global leader in the textile and apparel manufacturing sector, is exploring investment opportunities in Andhra Pradesh, Minister for Handlooms and Textiles S Savitha announced. The company’s leadership is expected to meet with Chief Minister N. Chandrababu Naidu soon to discuss its plans in detail. The announcement came during Savitha’s visit to Kitex

Corporates

Sangam (India) Signs MoU With DaMENSCH Apparel For Strategic Partnership

Textile Insights June 9, 2025

On June 4, 2025, Sangam (India) signed a non-binding Memorandum of Understanding (MoU) with DaMENSCH Apparel to explore a long-term strategic partnership. Under the agreement, Sangam plans an initial investment of around Rs 10 crore in DaMENSCH, subject to conditions precedent and definitive agreements. The collaboration will focus on manufacturing, marketing and selling

Corporates

Trident In Talks With Paraguay For Global Expansion

Textile Insights June 9, 2025

Paraguay invites Trident to invest in key sectors as both parties explore strategic synergies for industrial growth and global market access Trident Group, one of India’s leading textile conglomerates, took a significant step towards expanding its global footprint during a high-level meeting with President of Paraguay, Santiago Peña, held recently in Mumbai. The diplomatic

Industry

Mukesh Ambani Grants Rs 151 Crore To ICT Mumbai In Honour Of Prof. MM Sharma

Textile Insights June 9, 2025

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, has announced an unconditional grant of Rs 151 crore to the Institute of Chemical Technology (ICT), Mumbai, his alma mater and formerly known as the University Department of Chemical Technology (UDCT). The announcement came during an event on Friday marking the release of Divine Scientist, the […]

Cotton

USDA Forecasts Global Cotton Consumption To Reach 5-Year High In 2025-26

Textile Insights June 9, 2025

In its May report, The United States Department of Agriculture (USDA) has projected global cotton consumption to reach 118.1 million bales in the 2025-26 marketing year. This would mark the highest level of use in five years, signaling a cautious yet notable rebound in global cotton demand. The forecast reflects a continuation of steady recovery […]