Corporates

Italian Textile Machinery Orders Decline 16% In Q3 2025: ACIMIT

Textile Insights November 17, 2025

The orders index for Italian textile machinery declined 16% in the third quarter of 2025 compared to the same period last year, according to data released by ACIMIT’s Economics Department. The index stood at 41.8 points, based on 2021 = 100. Both domestic and international markets contributed

Corporates

ManMohan Singh Receives ‘Outstanding Leader Award’ At ABG Chairman Awards

Textile Insights November 17, 2025

Manmohan Singh, Group Executive President (Chief Marketing Officer) of Grasim Industries Ltd., has been honoured with the Outstanding Leader Award at the Silver Jubilee edition of the Aditya Birla Group Chairman Awards. The recognition marks a significant milestone in Singh’s distinguished 35-year career with the Group and his contributions to the textile and fibre

Corporates

Indorama Ventures, Jiaren Form JV To Boost Textile Circularity

Textile Insights November 17, 2025

Indorama Ventures’ fibres business, a leading global supplier of recycled technical textiles, polyester fibres and yarns, has entered into a joint venture with Jiaren Chemical Recycling, a global leader in chemical polyester recycling. The partnership aims to accelerate circularity in the global textile industry and expand high-quality recycled materials availability. The

Corporates

Syre Announces Multi-Year Partnership With Nike To Scale Circular Polyester Recycling

Textile Insights November 17, 2025

Syre, the textile impact company focused on hyperscaling textile-to-textile recycling, has announced a multi-year partnership with Nike, Inc., marking a significant step toward accelerating circular materials in the global apparel industry. Under the agreement, Nike will begin integrating Syre’s circular polyester into key performance product lines over the coming years,

Corporates

Circulose Strengthens Leadership Team To Drive Circular Fashion Transformation

Textile Insights November 13, 2025

Circulose has announced key additions to its leadership team as the company advances its mission to accelerate the transition toward a fully circular fashion industry. The company has appointed Christian Dressler as Chief Technology Officer and Amanda Geijer as Chief Financial Officer. Dressler, formerly Vice President – Global Engineering at Lenzing Group, has been at

Corporates

S.P. Apparels Invests Rs 4.35 Crore In Sri Lanka Subsidiary

Textile Insights November 13, 2025

S.P. Apparels Limited (SPAL) has announced an investment of Rs 4.35 crore in its wholly owned subsidiary, S.P. Apparels International (Private) Limited (SPAIPL), based in Sri Lanka. The investment, made through equity infusion, aims to expand SPAL’s international operations and leverage cost-effective manufacturing advantages in the region. The transaction, completed on

Corporates

Alok Industries Receives India’s First BIS License Under New Textile Standard

Textile Insights November 13, 2025

Alok Industries Limited has become the first company in India to be awarded the All India First License by the Bureau of Indian Standards (BIS) under IS 18739:2024, marking a major milestone coinciding with World Standards Day 2025. This recognition highlights Alok’s leadership in quality, compliance and innovation, reaffirming its commitment to setting new benchmarks […]

Corporates

Lenzing Invests EUR 15 Million To Strengthen Its Position In the Global Hygiene Market

Textile Insights November 13, 2025

The Lenzing Group has announced a fresh EUR 15 million investment to expand production capacity for its premium VEOCEL™ Viscostar viscose fiber at its Lenzing site in Austria. The expansion marks another milestone in the company’s long-term strategy to strengthen its footprint in the global hygiene segment, with a clear focus on sustainability, quality and […]

Corporates

Welspun Living Appoints Manish Bansal As CFO

Textile Insights November 13, 2025

Welspun Living Limited, part of the US$ 3.6 billion Welspun Group and a leading global player in home textiles, has announced the appointment of Manish Bansal as President and Chief Financial Officer (CFO), effective January 1, 2026. His appointment was approved by the company’s Board of Directors at its meeting held on November 12, 2025. […]

Corporates

Datacolor Appoints A.S. Paterson Company As Authorized Agent In Canada

Textile Insights November 10, 2025

Datacolor, a global leader in colour management technologies, has announced the appointment of A.S. Paterson Company Ltd as its official agent in Canada for pigment-related applications. The partnership will expand access to Datacolor’s colour measurement instruments and software solutions across the Canadian pigments, coatings and chemical manufacturing sectors.