May 12, 2026
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Corporates

Primark Expands Spain And Portugal Presence

Textile Insights
Primark has announced an investment of more than €85 million across Spain and Portugal as part of its expansion and store modernization strategy in the Iberian region. The investment includes the opening of five new stores, refurbishment of existing outlets and expansion projects, reinforcing the retailer’s long-term commitment to both markets. In Spain, where Primark […]
Sustainability

CITI Releases Gherzi-ICAC Cotton Study

Textile Insights
Confederation of Indian Textile Industry (CITI) has released a joint study by Gherzi and International Cotton Advisory Committee (ICAC), warning that India’s 11 per cent cotton import duty and stagnant productivity levels are weakening the global competitiveness of the country’s textile and apparel sector. The report, titled Economic Analysis of Cotton Supply, US$ 350
Corporates

UK–India Textile Machinery Coalition Launched To Strengthen Bilateral Industry Ties

Textile Insights
The British Textile Machinery Association (BTMA), in collaboration with the India ITME Society, has officially launched the UK–India Textile Machinery Coalition (UKITMC) at the India ITME Centre in Mumbai, creating a dedicated platform to strengthen cooperation between the textile machinery sectors of both countries. The initiative was inaugurated by Vrunda Desai, Chief
Financial Results

ACIMIT Reports 5% Drop In Q1 2026 Orders

Textile Insights
Order intake for Italian textile machinery manufacturers declined by 5% year-on-year in Q1 2026, according to ACIMIT, reflecting a still challenging start to the year. The downturn was driven by foreign markets (-7%), while domestic demand showed strong growth (+21%). Compared to Q4 2025, total orders increased by 18%, with the orders index for January–March […]
Cotton

BTMA, CottonConnect Sign Cotton MoU

Textile Insights
Bangladesh Textile Mills Association (BTMA) has signed a Memorandum of Understanding with CottonConnect Ltd to support the development of Bangladesh’s domestic cotton sector and strengthen sustainable cotton sourcing initiatives. The agreement was signed at the BTMA office in Gulshan, Dhaka, with the meeting led by Showkat Aziz Russell and Alison Ward. Under the

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