Corporates

Jonathan Andic Steps Away Temporarily From MANGO Responsibilities

Textile Insights June 1, 2026

MANGO has announced that Jonathan Andic will temporarily step away from his responsibilities at the company, a decision he communicated through an open letter issued recently. In an internal communication to employees, Chairman and Chief Executive Officer Toni Ruiz expressed his respect,

Financial Results

Campus Activewear FY26 Revenue Rises 11.4%, PAT Jumps 24%

Textile Insights June 1, 2026

Campus Activewear Limited reported a strong FY26 performance, with revenue from operations rising 11.4% year-on-year to Rs 1,774.1 crore, while profit after tax (PAT) grew 23.9% to Rs 150.1 crore. For Q4 FY26, the company posted revenue of Rs 455.6 crore, up 12.3% YoY, driven by strong distribution channel sales. EBITDA stood at Rs 88.5 […]

Financial Results

Gokaldas Exports FY26 Income Rises 4%

Textile Insights June 1, 2026

Gokaldas Exports reported a 4% year-on-year rise in consolidated total income to Rs 4,065 crore in FY26, while maintaining EBITDA margins at 10.7% despite continued US tariff headwinds. For Q4 FY26, total income stood at Rs 1,087 crore, up 5% YoY, while EBITDA was Rs 135 crore with a margin of 12.4%. The company said […]

Corporates

Active Clothing Strengthens FY26 Expansion Strategy

Textile Insights June 1, 2026

Active Clothing Co. Ltd., is accelerating its retail expansion and product diversification strategy as it positions itself for sustained growth in FY26, according to its latest investor presentation for Q4 and 12M FY26. The company, which has evolved from a fashion wear-sketch-to-store enterprise into an integrated apparel player, continues to strengthen its presence

Financial Results

ABFRL Posts 16% Q4 Revenue Growth Led By Pantaloons And TMRW

Textile Insights June 1, 2026

Aditya Birla Fashion and Retail Limited (ABFRL) reported a 16% year-on-year revenue growth in Q4 FY26, driven by strong double-digit growth across its key businesses, particularly Pantaloons and TMRW. The company posted Q4 FY26 revenue of Rs 1,990 crore, compared to Rs 1,719 crore in the corresponding quarter last year, while EBITDA rose 57% to […]

Corporates

Hellmann–MAS Holdings To Develop New Logistics Hub In Sri Lanka

Textile Insights June 1, 2026

Hellmann Worldwide Logistics and MAS Holdings have announced the development of a new built-to-suit contract logistics facility in Kimbulapitiya, Sri Lanka, marking a key expansion of their joint venture Hellmann MAS Supply Chain (HMSC). The groundbreaking ceremony was attended by senior representatives including Kamal Boyagama (HMSC), Patrick Grzywa (Hellmann IMEA),

Corporates

AMANN Group To Expand Manufacturing Footprint In Bangladesh

Textile Insights June 1, 2026

German industrial thread manufacturer AMANN Group has announced plans to expand its manufacturing footprint in Bangladesh, reinforcing its long-term commitment to one of the world’s largest apparel sourcing destinations. The development was shared by AMANN Group CEO Markus Nicolaus during a meeting with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA)

Corporates

Loop Industries Advances India Recycling Project With Gujarat MoU

Textile Insights June 1, 2026

Loop Industries has signed a memorandum of understanding (MoU) to advance development of its first commercial-scale recycling facility in India, marking a significant step in the company’s global circular polyester expansion strategy. The proposed plant will be located in Gujarat’s Bharuch industrial corridor, a key manufacturing hub offering strong logistics connectivity

Corporates

MAG Solvics, KCG College Sign MoU For Textile Innovation

Textile Insights June 1, 2026

MAG Solvics has signed a Memorandum of Understanding (MoU) with KCG College of Technology, Chennai, to foster innovation, industry-oriented learning, research and technological advancement in the textile and fashion sectors. The MoU was formally signed by Dr. Annie Jacob, Director of KCG College of Technology, and Dhandayuthapani Chidambaram, Managing Director of MAG

Economy

Bangladesh Textile Sector Seeks Tax Cut to 10% And Loan Waivers

Textile Insights June 1, 2026

Bangladesh’s textile industry has sought urgent fiscal relief ahead of the national budget, with the Bangladesh Textile Mills Association (BTMA) proposing a cut in income tax for primary textile mills from 27.5% to 10% until 2030. The association said rising energy costs, supply disruptions, high interest rates and import competition have severely impacted the sector, […]