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

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 […]

Corporates

Jaypore Unveils ‘Letters To The Sea’ – A Coastal Collection Celebrating India’s Shores

Textile Insights September 22, 2025

Jaypore, the artisanal lifestyle brand from Aditya Birla Fashion and Retail Ltd., has launched Letters to the Sea, a collection inspired by the beauty, craft and rhythms of India’s coastline. Spanning apparel, jewellery and home décor, the collection draws inspiration from monsoon-washed skies, salt-laden breezes, and the timeless rhythm of waves meeting the shore. Manu

Corporates

Itema Lays First Stone Of New Manufacturing Site In Ponte Nossa

Textile Insights September 22, 2025

Itema Group has officially laid the First Stone for its new manufacturing site in Ponte Nossa, marking the beginning of a major redevelopment of the historic Seriana Valley industrial area. The site, once home to Cotonificio Cantoni and unused since 2004, will now be transformed into a world-class production hub for weaving machinery and solutions. […]

Corporates

Lenzing Names Mathias Breuer New CFO

Textile Insights September 22, 2025

The Supervisory Board of Lenzing AG has extended the mandate of Chief Pulp & Chief Technology Officer (CTO) Christian Skilich by three years until May 31, 2029. Skilich, who joined the Management Board in June 2020, oversees key areas including pulp commercial and operations, co-products & wood, global HSE, purchasing and innovation. “The pulp business […]

Corporates

OCA Appoints Sucharu Mahajan Uppal As Country Manager, India

Textile Insights September 22, 2025

The Organic Cotton Accelerator (OCA) has appointed Sucharu Mahajan Uppal as its new Country Manager for India. With nearly three decades of experience in the global textile and apparel sector, Uppal will lead OCA’s efforts to scale impact across India’s organic cotton ecosystem. Bart Vollaard, Executive Director of OCA, welcomed her appointment, saying, “Sucharu brings

Corporates

Ashwin Chandran Takes Charge As CITI Chairman

Textile Insights September 22, 2025

Ashwin Chandran, Chairman & Managing Director of Precot Limited, has assumed charge as Chairman of the Confederation of Indian Textile Industry (CITI), following the 67th Annual General Meeting in New Delhi. Dinesh Nolkha, Chairman & Managing Director of Nitin Spinners Ltd., has been appointed Deputy Chairman, while Shreyaskar Chaudhary, Managing Director of

Corporates

LMW: Shaping The Future Of Spinning Through Enduring Partnerships

Textile Insights September 19, 2025

LMW is delighted to extend heartfelt congratulations to Durai Palanisamy, Executive Director – Pallava Group, Erode, on being elected as the new Chairman of the Southern India Mills’ Association (SIMA). SIMA, a premier association representing the Indian textile industry, plays a pivotal role in shaping the growth and competitiveness of the sector. Durai Palanisamy’s

Corporates

Toray Industries And MAS Holdings Announce Joint Venture In Odisha, India

Textile Insights September 18, 2025

Toray Industries (H.K.) Ltd., has officially entered into a joint venture with South Asia’s largest apparel manufacturer MAS Holdings, creating a unique opportunity to strengthen their supply chain capabilities and expand product manufacturing for the fast-growing Indian market. The new entity, Toray MAS Apparel India, will establish a state-of-the-art manufacturing