Corporates

Vardhman Polytex Approves Rs 35 Crore NCD Issue

Textile Insights March 23, 2026

Vardhman Polytex has approved the issuance of INR-denominated, listed, senior, secured, rated, redeemable Non-Convertible Debentures (NCDs) worth up to Rs 35 crore on a private placement basis. The decision was cleared by the company’s board of directors at its meeting held on March 19, 2026,

Corporates

Tata Chemicals Completes Novabay Acquisition To Expand Global Presence

Textile Insights March 23, 2026

Tata Chemicals, through its wholly-owned subsidiary Tata Chemicals International Pte. Ltd, has completed the acquisition of Novabay Pte. Ltd on March 19, 2026. The transaction, first announced in December 2025, was finalised following the fulfilment of conditions outlined in the share purchase agreement. The acquisition marks a key step in strengthening Tata Chemicals’

Apparel, Fashion, Retail

NRF Sees 4.4% Retail Sales Growth In 2026

Textile Insights March 23, 2026

The National Retail Federation has projected U.S. retail sales to grow 4.4% year-on-year in 2026, reaching $5.6 trillion, supported by resilient consumer spending and stable economic fundamentals. The forecast, developed in collaboration with Oxford Economics, was unveiled at NRF’s annual State of Retail & the Consumer event. It surpasses the 10-year average growth

Apparel, Fashion, Retail

Pantaloons Launches Samantha Ruth Prabhu’s ‘Truly SMA’ Label

Textile Insights March 23, 2026

Pantaloons, part of Aditya Birla Fashion and Retail Ltd., has introduced ‘Truly SMA,’ a contemporary fashion label by actor Samantha Ruth Prabhu, marking a deeper collaboration with the brand ambassador. The label was unveiled at Pantaloons’ flagship store in Hyderabad, drawing strong interest from fashion enthusiasts. The launch reflects Pantaloons’ strategy to expand its

Apparel, Fashion, Retail

Levi’s Unveils ‘Behind Every Original’ Campaign In India With Alia Bhatt

Textile Insights March 23, 2026

The Levi’s brand has launched its 2026 global campaign, ‘Behind Every Original,’ in India, featuring global brand ambassador Alia Bhatt as the face of the initiative. Building on a legacy spanning over 150 years, Levi’s continues to position itself at the intersection of culture, fashion, music and art. The new campaign celebrates the spirit of […]

Corporates

Lululemon Appoints Former Levi’s CEO Chip Bergh To Board

Textile Insights March 23, 2026

Lululemon Athletica inc. has appointed Chip Bergh, former President and CEO of Levi Strauss & Co., to its Board of Directors, effective immediately. The appointment is part of Lululemon’s ongoing board refresh strategy, with five independent directors added over the past five years. The company said Bergh’s extensive experience in brand transformation, retail growth

Corporates

OnceMore Partners TextileGenesis For MMCF Traceability

Textile Insights March 23, 2026

OnceMore, the large-scale textile-to-pulp recycling initiative by Södra, has partnered with TextileGenesis, a Lectra company, to implement end-to-end traceability across its man-made cellulosic fibres (MMCF) value chain. OnceMore recognized for recycling blended textile waste into high-quality dissolving pulp, will integrate TextileGenesis’ digital platform to enable

Corporates

Sumeet Industries Wins Bid For Nakoda Polyester Chips Plant

Textile Insights March 23, 2026

Sumeet Industries has emerged as the successful bidder (H1) for the acquisition of assets at the phase-3 chips manufacturing plant of Nakoda under the Corporate Insolvency Resolution Process. The company’s board has approved the Letter of Intent dated March 11, 2026, confirming the acquisition on a slump sale basis. The transaction, valued at approx. Rs […]

Corporates

Mafatlal Industries Bags Rs 114 Cr Robotics Lab Project In Odisha

Textile Insights March 23, 2026

Mafatlal Industries Ltd has secured an order worth approx. Rs 114 crore from the Odisha Computer Application Centre for a five-year project focused on robotics education. The project involves setting up 500 robotic laboratories across 16 districts in Odisha under the state’s School and Mass Education Department. It will include the establishment of advanced labs […]

Corporates

Northshore Apparel Selects Coats Digital For Ghana Hub

Textile Insights March 23, 2026

Northshore Apparel Ghana Ltd has selected the full suite of solutions from Coats Digital to build the digital backbone of its upcoming sustainable manufacturing hub in northern Ghana. Backed by the Ghanaian and German governments, the start-up is developing a zero-waste, state-of-the-art facility on reclaimed land, positioning it as the region’s first regenerative apparel