Corporates

Bondcote Performance Textiles Acquires Graniteville Specialty Fabrics

Textile Insights May 31, 2025

Bondcote Performance Textiles (BPT), a leading manufacturer of coated, laminated and composite textiles and a subsidiary of XFS Global, LLC, announced the strategic acquisition of Graniteville Specialty Fabrics (GSF), a renowned innovator in high-performance coated textiles. The acquisition,

Corporates

Shivtek Spechemi To Build New Chemical Plant In Hazira, Gujarat

Textile Insights May 29, 2025

Shivtek Spechemi Industries Ltd, a leading name in the specialty chemicals sector and the flagship company of the Shiva Group of Industries, has announced the establishment of a new state-of-the-art manufacturing facility near Hazira, Gujarat. Spread across more than 1 million square feet, the new unit is expected to be operational by 2027 and will […]

Corporates

India Must Shift Focus To Man-Made Fibres To Lead The Global Textile Market: Rajeev Gupta

Textile Insights May 28, 2025

At the recent PHDCCI Conference on “The Future of Textiles: Challenges & Opportunities in Man-Made Fibres” held on April 22, Rajeev Gupta, Joint Managing Director of RSWM Ltd., highlighted the strategic importance of man-made fibres (MMF) for the future of India’s textile industry. Addressing policymakers, industry leaders and stakeholders, Gupta said that the

Corporates

Garment Mantra Secures Rs 9.20 Cr Global Order

Textile Insights May 28, 2025

Garment Mantra Lifestyle Limited has received a significant export order from Zaara Overseas Trading L.L.C S.O.C for the supply of polyester fabric and polyester made-up dress material. The order is valued at approximately US$ 1,078,900 (around Rs 9.20 crores, exclusive of taxes). The order, placed by an international entity, is expected to be executed within […]

Corporates

BGBA, Air8 Partner To Boost Textile Export Financing

Textile Insights May 28, 2025

The Bangladesh Garment Buying House Association (BGBA) has signed a Memorandum of Understanding (MoU) with Air8, a cross-border supply chain finance platform, to enhance access to export financing for Bangladesh’s textile sector. The partnership aims to provide BGBA members with innovative working capital solutions and insights to support global trade. The MoU was signed

Corporates

Historic Brand Acquisition Brings German Textile Legacy To Uzbekistan

Textile Insights May 28, 2025

Uzbekistan has welcomed its first internationally recognized foreign textile brand, marking a new chapter in the nation’s industrial evolution. Kamalak Shabnam Teks LLC, a domestic company based in the Bukhara region, has acquired the prestigious German brand Curt Bauer, known for its 140-year legacy and exports to over 40 countries. The acquisition includes the full […]

Corporates

Borana Weaves Makes Strong Market Debut With 12.5% Premium On BSE

Textile Insights May 27, 2025

Textile manufacturer Borana Weaves made an impressive stock market debut on the BSE, listing at Rs 243.00, marking a 12.5% premium over its issue price of Rs 216.00. The stock gained further momentum post-listing, climbing to Rs 255.10, which represents an 18.1% rise from the IPO price. During trading hours, the scrip touched an intraday […]

Corporates

Justice For The Innovator: Uster Technologies Wins Patent Infringement Case In China

Textile Insights May 27, 2025

Uster Technologies has secured a decisive legal victory in China, confirming its commitment to innovation and intellectual property protection. The Supreme People’s Court of the PRC has ruled in favor of Uster, confirming that a local competitor unlawfully infringed on its patent by copying the yarn feeder mechanism of the Uster Tester 6. With a […]

Corporates

Lenzing Appoints Georg Kasperkovitz As COO To Drive Operational Excellence

Textile Insights May 27, 2025

Lenzing AG has announced the appointment of Georg Kasperkovitz as its new Chief Operations Officer (COO) and member of the Managing Board, effective June 1, 2025. Kasperkovitz will oversee the management of all fiber production sites and lead the ongoing company-wide performance program aimed at enhancing operational efficiency and cost effectiveness. Kasperkovitz, 58,

Corporates

Lenzing Secures €545 Mn Loan; Logs Net Profit Of €31.7 Mn In Q12025

Textile Insights May 25, 2025

The Lenzing Group, a global leader in regenerated cellulose fibres for the textile and nonwovens industries, has secured a €545 million syndicated loan to bolster its liquidity ahead of upcoming refinancing needs. The financing includes a €355 million term loan and a €190 million revolving credit facility, both with a three-year maturity and options to […]