Corporates

Garware Sets Up Wholly-Owned Subsidiary In Norway

Textile Insights June 23, 2025

Garware Technical Fibres Ltd., has incorporated a wholly-owned subsidiary, Garware Technical Fibres AS (GTF AS), in Norway on June 17, 2025. With an initial capital of NOK 30,000 (~ Rs 2.46 lakh), GTF AS will take over the Company’s existing business operations in Norway on a going concern

Corporates

Suominen Announces Change In Executive Management Team

Textile Insights June 23, 2025

Suominen Corporation has announced a change in its Executive Management Team, effective August 1, 2025. Jonni Friman, Executive Vice President of the Transformation Management Office (TMO), will be leaving the company to explore new opportunities outside the organization. President & CEO Tommi Björnman expressed gratitude for Friman’s contributions, stating, “I want to

Corporates

Mahmud Hasan Khan Takes Charge As BGMEA President For 2025–2027

Textile Insights June 23, 2025

The newly elected Board of Directors of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), led by President Mahmud Hasan Khan, officially assumed office for the 2025–2027 term at a handover ceremony held at the BGMEA Complex. Outgoing Administrator Anwar Hossain and the Support Committee handed over responsibilities to the new leadership during the

Corporates

Mango Partners With Circulose To Scale Circular Fashion

Textile Insights June 23, 2025

Mango, one of the world’s leading fashion brands, has become the first company to partner with Circulose since its restart, marking a major step in its journey toward circularity. The partnership will integrate Circulose—a next-generation material made from recycled cotton waste—into Mango’s supply chain, reinforcing its commitment to low-impact, traceable fashion.

Corporates

Rishi Suri Joins FCI Group After 16-Year Stint At The LYCRA Company

Textile Insights June 19, 2025

Rishi Suri announced his exit from The LYCRA Company after an illustrious 16-year tenure that spanned three key roles across India and Hong Kong. His journey at LYCRA was marked by notable contributions to the brand’s presence and performance in the textile and apparel sector across the region. Suri has now joined FCI Group, a […]

Corporates

Textile Innovation: Remora Inks Licensing Deal With BST

Textile Insights June 19, 2025

Remora has announced a key licensing partnership with Beyond Surface Technologies AG (BST), the Swiss leader in green-chemistry solutions for textile finishing. The collaboration brings together Remora’s patented, biofilm-prevention technology and BST’s extensive expertise in plant-based textile finishes to create high-performance, eco-friendly protection for fabrics.

Corporates

Lenzing AG Announces Intended Exchange Offer For 2020 Hybrid Bond

Textile Insights June 19, 2025

Lenzing AG intends to launch an exclusive exchange offer for its existing EUR 500 million undated subordinated resettable fixed rate notes (ISIN: XS2250987356, issued December 7, 2020), known as the Hybrid Bond 2020. Under the proposed Exchange Offer, qualifying holders will have the option to exchange their Existing Notes at a ratio of 90% of […]

Corporates

Trident’s Rajinder Gupta Gets Extension In Punjab Panel

Textile Insights June 19, 2025

The Punjab Government has extended the tenure of Rajinder Gupta, Chairman Emeritus of Trident Group, as Vice Chairman of the Economic Policy and Planning Board. He will continue in the role, with the rank of Cabinet Minister, until 22 August 2028. The extension, approved by the Honourable Chief Minister of Punjab, reflects the state’s continued […]

Corporates

ZYOD Partners With FAN MANIA To Launch Global Licensed Merchandise In India

Textile Insights June 16, 2025

ZYOD, a leading tech-enabled B2B apparel manufacturing company, has announced a strategic partnership with FAN MANIA, a global licensing firm with offices in Dubai, Dammam, Istanbul, and Mumbai. This collaboration marks ZYOD’s official entry into India’s rapidly expanding licensed merchandise market and aims to introduce exclusive collections from major global brands to

Corporates

bluesign Gains Recognition In ZDHC Supplier To Zero Programme

Textile Insights June 16, 2025

bluesign has achieved official recognition within the ZDHC Supplier to Zero (StZ) Programme—marking a key milestone in the industry’s drive toward safer chemistry and responsible manufacturing. The bluesign Company Assessment, which involves in-depth on-site evaluations and strict criteria for chemical management and environmental performance, has been accepted as a