Corporates

Manomay Tex Acquires Stake In Lov Smart Rj-1 For Rajasthan Plants

Textile Insights June 1, 2026

Manomay Tex India Ltd has approved the acquisition of a 26 per cent equity stake in Lov Smart Rj-1, a company engaged in renewable energy generation and transmission, as part of its strategy to strengthen captive green energy capacity for its Rajasthan-based manufacturing operations. The

Corporates

Jonathan Andic Steps Away Temporarily From MANGO Responsibilities

Textile Insights June 1, 2026

MANGO has announced that Jonathan Andic will temporarily step away from his responsibilities at the company, a decision he communicated through an open letter issued recently. In an internal communication to employees, Chairman and Chief Executive Officer Toni Ruiz expressed his respect, understanding and full support for Andic’s decision, while reaffirming the company’s

Corporates

Active Clothing Strengthens FY26 Expansion Strategy

Textile Insights June 1, 2026

Active Clothing Co. Ltd., is accelerating its retail expansion and product diversification strategy as it positions itself for sustained growth in FY26, according to its latest investor presentation for Q4 and 12M FY26. The company, which has evolved from a fashion wear-sketch-to-store enterprise into an integrated apparel player, continues to strengthen its presence

Corporates

Hellmann–MAS Holdings To Develop New Logistics Hub In Sri Lanka

Textile Insights June 1, 2026

Hellmann Worldwide Logistics and MAS Holdings have announced the development of a new built-to-suit contract logistics facility in Kimbulapitiya, Sri Lanka, marking a key expansion of their joint venture Hellmann MAS Supply Chain (HMSC). The groundbreaking ceremony was attended by senior representatives including Kamal Boyagama (HMSC), Patrick Grzywa (Hellmann IMEA),

Corporates

AMANN Group To Expand Manufacturing Footprint In Bangladesh

Textile Insights June 1, 2026

German industrial thread manufacturer AMANN Group has announced plans to expand its manufacturing footprint in Bangladesh, reinforcing its long-term commitment to one of the world’s largest apparel sourcing destinations. The development was shared by AMANN Group CEO Markus Nicolaus during a meeting with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA)

Corporates

Loop Industries Advances India Recycling Project With Gujarat MoU

Textile Insights June 1, 2026

Loop Industries has signed a memorandum of understanding (MoU) to advance development of its first commercial-scale recycling facility in India, marking a significant step in the company’s global circular polyester expansion strategy. The proposed plant will be located in Gujarat’s Bharuch industrial corridor, a key manufacturing hub offering strong logistics connectivity

Corporates

MAG Solvics, KCG College Sign MoU For Textile Innovation

Textile Insights June 1, 2026

MAG Solvics has signed a Memorandum of Understanding (MoU) with KCG College of Technology, Chennai, to foster innovation, industry-oriented learning, research and technological advancement in the textile and fashion sectors. The MoU was formally signed by Dr. Annie Jacob, Director of KCG College of Technology, and Dhandayuthapani Chidambaram, Managing Director of MAG

Corporates

Rakesh Chadha Appointed Managing Director & CEO Of Arvind Atelier

Textile Insights May 29, 2026

Arvind Limited has appointed Rakesh Chadha as the Managing Director and Chief Executive Officer of Arvind Atelier, the company’s newly launched global sourcing and design platform. Chadha brings over 27 years of international experience across Europe, Asia and the UK, with a proven track record of building high-performance teams and developing resilient supply chains for

Corporates

Trident Limited Wins Gold Trophy For Global Exports At TEXPROCIL Awards

Textile Insights May 29, 2026

Trident Limited has been honoured with the Gold Trophy for Global Cotton Textile Exports at the TEXPROCIL Export Awards 2023–24, held on May 25, 2026, in Mumbai. The award was presented at a ceremony attended by the Hon’ble Union Finance Minister, Smt. Nirmala Sitharaman, recognising excellence and outstanding contribution to India’s textile export sector. Commenting […]

Corporates

Lenzing AG Appoints Georg Kasperkovitz As Chief Executive Officer

Textile Insights May 29, 2026

Lenzing AG has appointed Georg Kasperkovitz as Chief Executive Officer (CEO) effective June 1, 2026. His mandate will run until May 31, 2029. Kasperkovitz, who has served as Chief Operations Officer (COO) and Member of the Management Board since June 2025, will assume the CEO role in addition to his current responsibilities. In his role […]