Corporates

Julien Leclercq Appointed Chairman Of Decathlon’s Board Of Directors

Textile Insights March 17, 2025

Decathlon, a global leader in sports retail, has announced the appointment of Julien Leclercq as the new Chairman of its board of directors, succeeding Fabien Derville, who has held the position since 2018. The leadership transition took effect on March 10, 2025. During his tenure, Fabien led

Corporates

Karl Mayer Secures Trademark Victory For PROWARP, PROSIZE And PRODYE

Textile Insights March 17, 2025

Karl Mayer has successfully defended its trademark rights for PROWARP, KARL MAYER PROSIZE and PRODYE after a prolonged legal battle in Turkey. The company, known for its high-performance textile machines, registered these trademarks for its sectional warping machine (2015), sizing machine (2012), and indigo dyeing unit (2018) to safeguard its innovative technology and

Corporates

Köksan Expands In China With Oerlikon Barmag’s CP Technology

Textile Insights March 13, 2025

Oerlikon Barmag Huitong Engineering (OBHE) has signed a cooperation agreement with Köksan Group, a leading PET producer from Türkiye, to establish a Continuous Polycondensation (CP) production facility with a capacity of 400,000 tons per year. This investment marks a significant step in Köksan’s global expansion strategy. Major Investment in China Köksan will invest a high

Corporates

Becquer Powers D’décor Home Fabrics With Rooftop And Façade Solar Integration

Textile Insights March 13, 2025

Becquer has enhanced its manufacturing capabilities to integrate solar cells with various building materials, expanding their use across different types of buildings, factories, and superstructures. Over the past few years, Becquer has installed integrated solar hardware at multiple D’décor Home Fabrics factories—one of the world’s largest manufacturers of curtain and

Corporates

Circ Secures New Investment To Scale Textile-To-Textile Recycling

Textile Insights March 13, 2025

Circ, the US-based pioneer in textile-to-textile recycling, has closed its latest funding round led by Taranis through its Carbon Ventures fund, with continued support from existing strategic investors Inditex and Avery Dennison. This funding builds on Circ’s technical and commercial progress over the past 18 months and will support the scaling of its groundbreaking

Corporates

Culp Elects William L. Tyson to Board of Directors

Textile Insights March 9, 2025

Culp, Inc., a leading marketer of mattress and upholstery fabrics, has elected William L. Tyson to its board of directors. Tyson brings over 30 years of experience in investment banking and capital markets, having held senior leadership roles at major financial institutions. Most recently, he served as Head of Mergers & Acquisitions at Fifth Third […]

Corporates

Haelixa Appoints Nina Marenzi To Advisory Board

Textile Insights March 9, 2025

Haelixa, a pioneer in DNA-based traceability solutions, has appointed Nina Marenzi to its Advisory Board. With her extensive experience leading the Future Fabrics Expo and connecting brands with innovators across the textile supply chain, Marenzi will provide strategic guidance to further Haelixa’s mission of enhancing brand trust in the industry. “Tracking and

Corporates

Raymond Announces Key Leadership Changes For Business Expansion

Textile Insights March 9, 2025

Raymond Ltd, India’s leading textile and apparel conglomerate, has announced key leadership changes to strengthen its business operations and accelerate growth. The restructuring aligns with the company’s strategic goals for the new fiscal year, enhancing leadership across critical segments. Vipul Mathur, Chief Business Officer – New Businesses, will now oversee both the

Corporates

Sritex Declared Bankrupt, 10,665 Workers Laid Off

Textile Insights March 9, 2025

A total of 10,665 workers from textile giant Sritex have been terminated between January and February 26, 2025, following a court ruling declaring the company bankrupt. The layoffs affected employees from four companies under the Sritex Group: PT Sritex Sukoharjo, PT Bitratex Semarang, PT Sinar Panja Jaya Semarang and PT Primayuda Boyolali. Slamet Kaswanto, coordinator

Corporates

Indorama Ventures Accelerates Growth Under IVL 2.0 Strategy

Textile Insights March 9, 2025

Indorama Ventures Public Company Ltd (IVL), a global sustainable chemical producer, is entering a new phase of growth under its IVL 2.0 strategy, focusing on strategic partnerships and industry consolidation. At its annual Capital Markets Day in Bangkok, Group CEO Aloke Lohia outlined how the company is positioning itself to capitalize on major shifts in […]