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

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 […]

Corporates

MAG Enters 35th Year Of Quality And Innovation

Textile Insights September 5, 2025

MAG Solvics Private Limited marked its Founders’ Day on 26th August 2025, celebrating the completion of 34 successful years in textile testing instruments and online monitoring systems, and stepping into its 35th year of operations. With an unwavering commitment to quality products and services, MAG has built a strong reputation for sustainability and customer trust […]

Corporates

Samsara Eco Opens First Plant To Scale Circular Plastics

Textile Insights September 5, 2025

Australian biotech innovator Samsara Eco has opened its first commercial-scale plant in Jerrabomberra, marking a key step in its push to turn plastic waste into circular materials. The new facility will boost production of virgin-equivalent, low-carbon materials such as recycled nylon 6,6 and polyester for use in apparel, packaging, and automotive industries. It also

Corporates

Suditi Industries Rides GST Tailwinds, Gini & Jony Momentum

Textile Insights September 5, 2025

Suditi Industries Ltd., announced that it is entering a new phase of growth, supported by favorable GST revisions and strong momentum from its recently acquired kidswear brand, Gini & Jony. The company’s domestic-first strategy has insulated it from global tariff disruptions that continue to weigh on export-driven peers. With global supply chains realigning, Indian

Corporates

Luwa India Wins EEPC Export Excellence Award

Textile Insights September 1, 2025

Luwa India has been honoured with the Special Trophy for Excellence in Exports of High Technology Products (2022–23) – Medium Enterprises at the 46th and 47th EEPC India Southern Region Export Excellence Awards held in Vijayawada. The award recognises Luwa India’s role in advancing global textile technology through high-quality engineering, sustainable manufacturing and

Corporates

Spinnova Gains Full Control Of Woodspin and Suzano, Secures Fibre Rights

Textile Insights September 1, 2025

Spinnova Plc has signed binding agreements with Suzano S.A. to acquire all shares in Woodspin Oy and Suzano Finland Oy, gaining full ownership of the entities responsible for producing and supplying raw materials for its proprietary wood-based Spinnova fibre. The deal, signed today and expected to close in the coming weeks subject to standard conditions, […]