Corporates

Shell Halts Construction Of Rotterdam Biofuels Plant

Textile Insights September 9, 2025

Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, has decided not to resume construction of its planned biofuels facility at the Shell Energy and Chemicals Park in Rotterdam, originally launched in 2022. After a thorough commercial and technical review, Shell concluded that the

Corporates

SRTX Appoints Sophie Boulanger As CEO To Drive Global Growth

Textile Insights September 9, 2025

Canadian materials innovator SRTX, the company behind Sheertex, has appointed Sophie Boulanger as Chief Executive Officer as it looks to scale globally and strengthen its wholesale and private-label business. Boulanger, one of Canada’s most prominent retail entrepreneurs, previously co-founded and led BonLook, a direct-to-consumer eyewear brand that expanded to 40 stores

Corporates

Page Industries Appoints Benjamin Rajkumar CPO

Textile Insights September 8, 2025

Innerwear maker Page Industries, the exclusive licensee of Jockey and Speedo in India, has appointed Benjamin Felix Rajkumar as its new Chief People Officer (CPO), effective September 1, 2025, the company informed the stock exchanges. Rajkumar brings over 16 years of experience across people strategy, leadership and culture, employee relations, business partnering and

Corporates

Primark Launches First Standalone Home Store In Greater Manchester

Textile Insights September 8, 2025

Primark has officially opened its first standalone home store in Great Britain at Trafford Palazzo, offering interiors lovers a dedicated space to explore the brand’s trend-led home essentials. Spread across nearly 12,000 sq ft over two floors, the new store features plush bedding, cosy throws, decorative accents, storage solutions, and a mezzanine travel section with […]

Corporates

Lululemon Posts 7% Rise In Q2 Revenue; Cuts Revenue Forecast

Textile Insights September 8, 2025

Lululemon Athletica Inc reported a 7% rise in revenue to US$ 2.5 billion for the second quarter ended August 3, 2025, but lowered its full-year outlook as sluggish US sales and higher tariffs weighed on performance. Comparable sales rose 1%, with a 4% drop in the Americas offset by a strong 15% gain internationally. Net […]

Corporates

VTM Ltd Unveils Strategy To Counter New U.S. Tariffs

Textile Insights September 8, 2025

Home-textile maker VTM Ltd has announced a set of proactive measures to cushion the impact of newly imposed U.S. tariffs on Indian imports, while accelerating diversification into new markets and product categories. The company said it will honour all confirmed U.S. orders and work with key customers on pricing and assortment adjustments. To rebalance its […]

Corporates

Trustrace Partners With ASOS To Strengthen Supply Chain Transparency

Textile Insights September 8, 2025

TrusTrace, a global leader in supply chain traceability and compliance, has entered a strategic partnership with ASOS to enhance supply chain transparency, resilience and compliance across the fashion retailer’s global value chain. As part of its Fashion with Integrity strategy, ASOS is investing in advanced traceability infrastructure to gain real-time visibility down to

Corporates

Milliken Acquires Highland Industries To Expand Technical Textiles Portfolio

Textile Insights September 8, 2025

Global diversified manufacturer Milliken & Company has acquired the assets of Highland Industries Inc. in Cheraw, South Carolina, strengthening its domestic footprint and technical textiles portfolio. The Highland facility will serve as a hub for Milliken’s weaving and knitting operations in the region. “This acquisition bolsters the capabilities of Milliken’s

Corporates

JustBrand Acquires Venture Heat

Textile Insights September 8, 2025

JustBrand Ltd, a leader in heated apparel and wearable technology, has acquired Venture Heat, one of the early pioneers in battery-heated gear. The move cements JustBrand’s position as the largest heated clothing company in North America, while expanding its reach in retail, tactical and industrial markets. The company already owns popular brands such as The […]

Corporates

Lenzing To Redeem Remaining €182 Mn Hybrid Bond Issued In 2020

Textile Insights September 6, 2025

Austrian fibre major Lenzing AG on Friday said it will redeem the remaining portion of its undated, subordinated resettable fixed rate notes, also known as the Hybrid Bond 2020, issued in December 2020. The company said it is exercising its contractual call option to redeem the outstanding bonds, carrying ISIN XS2250987356, at par along with […]