Corporates

On Holding Appoints Frank Sluis As Chief Financial Officer

Textile Insights February 1, 2026

On Holding AG, the global premium sportswear brand, has announced the appointment of Frank Sluis as Chief Financial Officer, effective May 1, 2026. Sluis brings more than 25 years of international finance leadership experience across major consumer businesses. Most recently, he served as CFO

Corporates

Kelheim Fibres To Close By March 2026

Textile Insights February 1, 2026

Kelheim Fibres GmbH has announced that it will terminate business operations as of March 31, 2026, following an unsuccessful attempt to secure a strategic investor. Despite restructuring efforts and support from many customers, the company was unable to secure sufficient orders to ensure an economically viable continuation. A key potential investor withdrew at short notice

Corporates

Sangam India Acquires 49% Stake In Hybrid Renewable Power Project

Textile Insights February 1, 2026

Sangam (India) Ltd has entered into a share purchase agreement to acquire a 49% equity stake in Clean Max Kenai Pvt Ltd, a renewable energy company, as part of its strategy to expand captive green power capacity for its Rajasthan-based manufacturing operations. The acquisition, disclosed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, […]

Corporates

Eurofins CPT Lanka Signs MoU With Sri Lanka Apparel Exporters Association

Textile Insights February 1, 2026

Eurofins Consumer Product Testing Lanka Pvt Ltd has signed a Memorandum of Understanding (MoU) with the Sri Lanka Apparel Exporters Association (SLAEA) to strengthen testing, sustainability and capability development across the country’s apparel sector. The MoU was signed on Thursday, January 29, 2026, in Colombo, by Rajitha Jayasuriya, Chairperson of SLAEA and Dr Karthik

Corporates

Karl Mayer Opens Global Hub For Textile Innovation

Textile Insights February 1, 2026

Karl Mayer has announced the opening of its new Textile Innovation Center (TIC), reinforcing its commitment to advancing textile innovation and creating new growth opportunities for the global textile industry. The state-of-the-art facility brings together the latest developments in warp knitting, technical textiles and warp preparation, the company’s core areas of

Corporates

Alchemie, Acatel Partner To Scale Precision Jet Dyeing

Textile Insights January 29, 2026

BTMA member Alchemie Technology, a Cambridge-based pioneer in precision jet dyeing solutions, has partnered with Acatel, a leading sustainable textile manufacturer in Portugal, to accelerate the industrial-scale deployment of low-carbon dyeing technology. Under the collaboration, the two companies will validate and optimise Alchemie’s Endeavour system for knitted

Corporates

Active Clothing To Raise Rs 323 Cr. Via Warrants

Textile Insights January 28, 2026

Active Clothing Co. Ltd., one of India’s leading design-to-shelf platforms specializing in flat-knitted sweaters, jackets and circular-knitted apparel for global fashion brands, has announced that its Board has approved a preferential issue of warrants to raise up to Rs 323 crore. Under the proposed issue, the company will allot up to 20,00,000 warrants, each convertible

Corporates

Raymond Lifestyle Appoints Prasad EC As Chief Financial Officer

Textile Insights January 28, 2026

Raymond Lifestyle Limited has appointed Prasad EC as Chief Financial Officer (CFO), the company announced on Tuesday. In his new role, Prasad will oversee the finance function, drive financial governance, and contribute to strategic decision-making to support the company’s long-term growth plans. Prasad brings more than 24 years of experience across consumer durables, FMCG

Corporates

Industry Veteran S. Rajendran Begins A New Chapter

Textile Insights January 26, 2026

Industry veteran S. Rajendran has exited A.T.E. Enterprises Pvt. Ltd., after a 35-year tenure and has transitioned into a freelance consulting role. Rajendran, who served as Senior Vice President & Business Head – Textile Engineering Group (Processing & Accessories) and Zonal Head – South India, confirmed that he has officially stepped down from his full-time […]

Corporates

IndiGo And Nobero Partner To Make Shopping More Rewarding For Travellers

Textile Insights January 26, 2026

IndiGo, India’s preferred airline, and Nobero, a travel-centric apparel brand from TMRW House of Brands, have announced a strategic partnership under the IndiGo BluChip loyalty programme, offering enhanced value to customers across travel and everyday shopping. With this collaboration, Nobero becomes the first Indian fashion brand to tie up with IndiGo BluChip. Under the