Corporates

Borana Weaves Commissions 108 Additional Looms

Textile Insights October 6, 2025

Borana Weaves Ltd., one of India’s leading producers of synthetic greige fabric, has commissioned 108 additional looms at its Unit 4, three months ahead of the proposed December schedule. The new capacity, part of a Rs 71.35 crore capex funded through IPO proceeds, brings the total number of

Corporates

Flipkart To Exit Aditya Birla Lifestyle Stake In Rs 950 Crore Block Deal

Textile Insights October 6, 2025

Flipkart Investments is set to offload its entire 6% stake in Aditya Birla Lifestyle Brands Ltd (ABLBL) through block deals valued at around Rs 950 crore. The transaction will involve the sale of 7.3 crore shares at a base price of Rs 130 per share. The divestment marks one of the largest exits by a […]

Corporates

A.T.E. Partners With STC Spinnzwirn To Bring World-Class Products To India And South Asia

Textile Insights October 6, 2025

A.T.E. Enterprises Pvt. Ltd., a leader in India’s textile value chain, has entered into a strategic partnership with STC Spinnzwirn GmbH, a German manufacturer of advanced textile machinery, effective September 1, 2025. Under the agreement, A.T.E. will act as the official partner to promote STC Spinnzwirn’s world-class products in India, Bangladesh, Sri Lanka and Nepal.

Corporates

Indorama Ventures Champions Systemic Change In Textiles At Lisbon Conference

Textile Insights October 3, 2025

Indorama Ventures Public Company Limited, a global sustainable chemical company, is set to participate in the Textile Exchange Conference in Lisbon from October 13-17, joining leading brand owners, technology providers, weavers, and knitters under the theme Shifting Landscapes. The company aims to drive systemic change across the textile value chain by promoting

Corporates

Rieter Holding Completes Rights Issue To Finance Barmag Acquisition

Textile Insights October 3, 2025

Rieter Holding Ltd. announced the successful result of its rights issue, with 99.06% of subscription rights validly exercised by the close of the subscription period on October 1, 2025, at 12 noon CEST. The remaining 1,092,450 shares will be offered for sale on the market. The company’s two largest shareholders, Peter Spuhler (via PCS Holding […]

Corporates

LYCRA Names New COO And EVP To Boost Innovation

Textile Insights September 29, 2025

The LYCRA Company, a global leader in fibre and technology solutions for apparel and personal care, has announced two key leadership appointments to accelerate innovation and growth. Robert Johnston has been promoted to Chief Operating Officer, while Doug Kelliher has joined as Executive Vice President, Product. Both executives report directly to CEO Gary Smith and […]

Corporates

AB Cotspin Secures Rs 18 Crore Cotton Yarn Order

Textile Insights September 26, 2025

A B Cotspin India Ltd., a leading textile manufacturer with over 25 years of expertise, has announced an order worth around Rs 18 crore for 712 MT of cotton yarn, to be executed within two months. The deal further strengthens the company’s position as a trusted supplier of cotton yarn, knitted fabrics, and eco-friendly products. […]

Corporates

Motilal Oswal Subsidiary Acquires Stake In Kusumgar For Rs 100 Cr.

Textile Insights September 26, 2025

Motilal Oswal Financial Services Limited (MOFSL) has announced that its wholly owned subsidiary has acquired a stake in Kusumgar Limited, a leading player in high-performance synthetic fabrics, for a consideration of approximately Rs 100 crore. The acquisition includes 10,95,890 compulsorily convertible preference shares and 16,43,836 equity shares of Kusumgar Limited. The

Corporates

Lectra Appoints John Brearley As President Of The Americas

Textile Insights September 23, 2025

Lectra, a global leader in industrial intelligence technology solutions for fashion, automotive and furniture sectors, has announced the appointment of John Brearley as President, Americas, effective 1 October 2025. He will also join Lectra’s Executive Committee. The Americas region is a key market for Lectra, accounting for 33% of the Group’s sales in 2024. With […]

Corporates

Ralph Lauren Charts Growth Plan With US$ 2 Bn Shareholder Returns

Textile Insights September 23, 2025

Ralph Lauren Corporation has outlined its updated strategic roadmap, Next Great Chapter: Drive, aimed at delivering sustainable growth and long-term value creation. The plan was presented to investors and analysts at an Investor Day event in New York City. The luxury lifestyle company said it expects revenue to grow at a mid-single-digit compound annual growth […]