Corporates

BGMEA Partners With SDC To Advance Sustainable Textiles

Textile Insights August 7, 2026

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Society of Dyers and Colourists (SDC) have signed a Memorandum of Understanding (MoU) aimed at strengthening collaboration in education, sustainability and innovation across Bangladesh’s textile and apparel sector.

Corporates

Abhitabh Sinha Promoted To Asst VP At Aditya Birla Lifestyle Brands

Textile Insights August 7, 2026

Aditya Birla Lifestyle Brands Limited (ABLBL) has promoted Abhitabh Sinha to the position of Assistant Vice President, reinforcing its leadership team as the company continues to strengthen its presence in India’s apparel and lifestyle retail market. In his new role, Sinha will be responsible for driving key account management, retail sales strategy, channel

Corporates

Bikram Saha Appointed Managing Director & CEO Of Benninger India

Textile Insights August 6, 2026

Benninger India has appointed Bikram Saha as its Managing Director & Chief Executive Officer, effective July 2026. Saha brings over three decades of experience across finance, commercial operations, corporate governance and business strategy within the textile machinery industry. He has been associated with Benninger India for more than nine years, having previously

Corporates

Humana Apparels Improves Productivity By 15% With Coats Digital’s Gsdcost

Textile Insights August 3, 2026

Bangladesh-based outerwear manufacturer Humana Apparels Pvt. Ltd. has reported significant operational improvements following the implementation of Coats Digital’s GSDCost solution. Humana Apparels, a joint venture between Busana Apparel Group and Hameem Group, supplies global brands including Hugo Boss, Marc O’Polo, Ann Taylor and Macy’s. The company operates 28

Corporates

Primark Opens 21st Store In Italy, Invests € 6 Million In Cremona

Textile Insights August 3, 2026

International fashion retailer Primark has opened its newest store at the Cremona Po Shopping Centre in Cremona, marking its 21st store in Italy and fifth in the Lombardy region. The company has invested € 6 million in the project, creating 100 new jobs. The new store offers 2,000 square metres of retail space on a […]

Corporates

Meadow Grove Research Joins ITMF As Corporate Member

Textile Insights August 3, 2026

Meadow Grove Research has joined the International Textile Manufacturers Federation as a Corporate Member, strengthening the federation’s network across the global textile value chain. Meadow Grove Research specializes in supply, demand and trade analysis of cotton and other soft commodities. The company provides market intelligence and insights aimed at helping businesses

Corporates

Santoni China Group Expands India Focus, Appoints Neeraj Bansal As Director – India Operations

Textile Insights August 3, 2026

Santoni China Group has reaffirmed its commitment to the Indian knitting market with plans to strengthen its business presence, customer support infrastructure and service network across the country. As part of this strategy, the company has appointed Neeraj Bansal as Director – India Operations. India remains a key strategic market for Santoni China Group, and […]

Corporates

Turkey’s Sanko Group To Invest US$ 300 Million In Bangladesh Textile Facility

Textile Insights August 3, 2026

Turkish textile major Sanko Group has announced plans to invest US$ 300 million in a modern integrated textile manufacturing facility at the Mirsarai Industrial Zone in Bangladesh, marking one of the latest major foreign direct investments in the country’s textile sector. The investment proposal was discussed during a meeting between Sanko representatives and Bangladesh’s

Corporates

Lohia Corp Lists At 8% Premium On BSE, Gains Further In Early Trade

Textile Insights August 3, 2026

Lohia Corp Ltd., a manufacturer of machinery for the HDPE and PP woven fabric industry, made a strong stock market debut on July 30, listing at Rs 460 per share on the BSE, an 8.24 per cent premium over its issue price of Rs 425. Following the listing, the stock gained further momentum and was […]

Corporates

Lenzing To Close Austria And UK Plants, Cut Workforce By 25% Under Restructuring Plan

Textile Insights July 30, 2026

Austria-based fibre manufacturer Lenzing Group has announced a major restructuring programme that includes the closure of two production facilities, a workforce reduction of around 25 percent and fresh financing measures aimed at strengthening its financial position. The company said it plans to achieve cost savings of at least €120 million by the end of 2026 […]