Financial Results

Raymond Lifestyle Crosses Rs 7,000 Crore Revenue Mark In FY26

Textile Insights May 7, 2026

Raymond Lifestyle Limited reported its highest-ever annual revenue in FY26, crossing the Rs 7,000 crore milestone for the first time, driven by strong domestic demand across branded textiles, apparel and garmenting businesses. The company posted total income of Rs 7,034 crore in FY26,

Financial Results

Arvind Fashions Ends FY26 Strong With 14% Revenue Growth, PAT Jumps 62%

Textile Insights May 7, 2026

Arvind Fashions Limited reported a strong financial performance for FY26, driven by robust growth across direct channels, improved retail execution and higher full-price sell-throughs. The company posted consolidated revenue of Rs 5,266 crore for FY26, registering a 14 percent growth over Rs 4,620 crore in FY25. The growth was supported by expansion in direct channels,

Industry

Walter Reiners Foundation Honours Young Innovators At Techtextil 2026

Textile Insights May 7, 2026

The Walter Reiners Foundation honoured five young engineers for outstanding academic achievements during an award ceremony held at Techtextil 2026 in Frankfurt. The awards, presented by Peter D. Dornier, recognised innovative bachelor’s, project and master’s theses focused on textile technology, sustainability and advanced manufacturing processes. In the sustainability

Industry

Bangladesh Plans Revival Of Closed Textile And Jute Mills

Textile Insights May 7, 2026

The Bangladesh government has initiated efforts to revive hundreds of closed textile, garment and jute factories as the country’s industrial sector continues to struggle with mounting economic and operational challenges. According to reports, Prime Minister Tarique Rahman recently held discussions with officials from the Textiles and Jute Ministry regarding plans to reopen

Cotton

Australia Strengthens Position As Global Cotton Trade Dynamics Shift

Textile Insights May 7, 2026

The global cotton landscape is undergoing a significant realignment, with Australia emerging as a central player. Since the 2022-23 marketing year, Australia has consistently ranked as the world’s third-largest cotton exporter, trailing only Brazil and the United States. This trajectory is set to continue as exports are forecast to rise nearly 10 per cent to […]

Financial Results

Filatex India Reports Strong FY26 Growth On Higher Polyester Yarn Demand

Textile Insights May 7, 2026

Filatex India Limited reported a strong operational and financial performance for FY26, supported by healthy demand for polyester filament yarns, improved capacity utilization and continued focus on operational efficiencies. The company registered growth in revenue and profitability during the financial year ended March 31, 2026, driven by robust demand across polyester

Event

India ITME Society Launches Textile Horizons 2026 International Conference

Textile Insights May 7, 2026

India ITME Society has announced the launch of Textile Horizons 2026, a two-day international conference scheduled to be held on December 5–6, 2026, at India Exposition Mart Limited alongside India ITME 2026. The conference, with Fibre2Fashion as the Knowledge Partner, will run concurrently with India ITME 2026, which is scheduled from December 4–9, 2026. Textile […]

Financial Results

Lenzing Returns To Profit In Q1 2026, Free Cash Flow More Than Doubles

Textile Insights May 7, 2026

The Lenzing Group has reported a return to profitability in the first quarter of 2026, posting a net profit of EUR 24 million after three consecutive loss-making quarters in 2025. The company also delivered a strong improvement in free cash flow, reflecting the impact of its ongoing transformation and performance enhancement measures. EBITDA for the […]

Cotton

Kazakhstan Partners With China For US$ 360 Million Integrated Cotton-Textile Cluster

Textile Insights May 7, 2026

Kazakhstan is accelerating efforts to build a self-reliant textile industry through a new $360 million partnership with Chinese textile major Xinjiang Lihua. The project aims to establish a vertically integrated cotton-textile cluster in southern Kazakhstan, strengthening domestic manufacturing capabilities while reducing dependence on textile imports. The initiative was

Event

Messe Frankfurt Brings Texworld And Texprocess To Kenya From 2027

Textile Insights May 7, 2026

As Africa Sourcing and Fashion Week (ASFW) opened in Nairobi, Messe Frankfurt announced that its leading textile trade fair brands Texworld, Apparel Sourcing and Texprocess will be held in Kenya for the first time from 2027 as part of ASFW Nairobi. The move marks a significant expansion of Messe Frankfurt’s Texpertise Network in East Africa […]