Corporates

Indo Count Expands Utility Bedding With Modern Home Textiles Acquisition

Textile Insights October 14, 2024

Indo Count Industries Ltd., the world’s largest bed linen manufacturer, has announced a major expansion in its Utility Bedding segment with the acquisition of two key U.S.-based companies. Indo Count Global, Inc. (ICG), a wholly-owned subsidiary of Indo Count Industries, has acquired

Corporates

CMAI Appoints Santosh Katariya As New President

Textile Insights September 30, 2024

At the 61st Annual General Meeting of the Clothing Manufacturers Association of India (CMAI), held on September 27, 2024, a new Managing Committee was elected, and the leadership team for the 2024-2026 term was announced. Santosh Katariya, Managing Director of Peppermint Clothing Pvt. Ltd., Pune, was appointed as the new President of the Association. The […]

Corporates

Monforts Joins Archroma And BW For Sustainable Textiles

Textile Insights September 30, 2024

Monforts is collaborating with Archroma and BW Converting to enhance sustainable solutions at the Monforts Advanced Technology Centre (ATC) in Mönchengladbach, Germany. This partnership aims to support dyeing and finishing manufacturers in their development projects, focusing on improving the quality and performance of finished products while maximizing productivity and

Corporates

PUMA Appoints Markus Neubrand As CFO

Textile Insights September 30, 2024

PUMA has appointed Markus Neubrand as its Chief Financial Officer (CFO) and a member of the Management Board, effective October 1, 2024. The current CFO, Hubert Hinterseher, will step down by mutual agreement on September 30, 2024, and leave the company on December 31, 2024. Neubrand previously served as CFO at GUESS Inc. and held […]

Corporates

Indorama Ventures Centralizes European Filament Yarn Production In Italy

Textile Insights September 30, 2024

Indorama Ventures, a global leader in petrochemicals and polyester fibres, is consolidating its high-performance polyester filament yarn production for the European textile industry in Italy, west of Milan. The company is transferring its German production and centralizing spinning, draw texturizing and dyeing operations at its facilities in Sandigliano and Saluzzo. This

Corporates

Epson To Acquire Fiery In US$ 591 Million Deal

Textile Insights September 23, 2024

Fiery, LLC, the print industry’s leading innovator of digital front ends (DFEs) and workflow software, announced an agreement with Seiko Epson Corporation for Epson to acquire Fiery from Siris Capital Group in a transaction valued at approximately US$ 591 million. Fiery’s cutting-edge products have enabled exceptional colour, personalization, performance and

Corporates

Picanol Opens Training And Service Centre In Uzbekistan

Textile Insights September 23, 2024

Picanol has inaugurated a new training and service center in Tashkent, Uzbekistan, in collaboration with its Uzbek agent, Baror Group. The state-of-the-art facility aims to enhance service for Picanol’s customers in Central Asia. The opening ceremony coincided with CAITME 2024, the largest textile machinery exhibition in the region, providing an ideal platform to showcase

Corporates

Uster Technologies Opens New Innovation Centre In Coimbatore

Textile Insights September 23, 2024

Uster Technologies inaugurated its new Innovation Centre (IC) in Coimbatore, India, on August 28, 2024. Despite challenging market conditions, Uster remains committed to future investments, reflecting its belief in the power of innovation for long-term growth. The IC will play a pivotal role in developing essential capabilities for both current operations and future

Corporates

Alok Industries Appoints Biji Chacko AS COO

Textile Insights September 19, 2024

On September 18, 2024, Alok Industries Limited’s Board of Directors, following the recommendation of the Nomination and Remuneration Committee, appointed Biji Chacko as Chief Operating Officer (COO) with immediate effective. Chacko, who joins as a Senior Management Personnel, brings 27 years of extensive experience in the textile industry. His background includes expertise

Corporates

Welspun USA Acquires Christy Home Inc. To Expand US Market

Textile Insights September 18, 2024

Welspun USA Inc., a subsidiary of Welspun Living Limited, has announced the acquisition of Christy Home Inc. (CHI), a newly established entity in the United States. Christy Home Inc. was incorporated on July 1, 2024, with a focus on trading home textile products under the Christy brand in the U.S. market. The acquisition includes 100% […]