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Corporates

Aditya Birla Fashion & Retail Announces Change In Senior Management

Textile Insights February 1, 2026

Aditya Birla Fashion and Retail Ltd (ABFRL) has announced a change in its senior management team. Anant Kumar Daga, CEO of the TCNS Division, has resigned from the company effective April 30, 2026, citing personal reasons. Following his departure, Sooraj Bhat, currently CEO – Ethnic Business,

Corporates

On Holding Appoints Frank Sluis As Chief Financial Officer

Textile Insights February 1, 2026

On Holding AG, the global premium sportswear brand, has announced the appointment of Frank Sluis as Chief Financial Officer, effective May 1, 2026. Sluis brings more than 25 years of international finance leadership experience across major consumer businesses. Most recently, he served as CFO for Europe & Indonesia at Ahold Delhaize, where he oversaw financial […]

Corporates

Kelheim Fibres To Close By March 2026

Textile Insights February 1, 2026

Kelheim Fibres GmbH has announced that it will terminate business operations as of March 31, 2026, following an unsuccessful attempt to secure a strategic investor. Despite restructuring efforts and support from many customers, the company was unable to secure sufficient orders to ensure an economically viable continuation. A key potential investor withdrew at short notice

Financial Results

Levi Strauss Delivers Strong FY25 Results

Textile Insights February 1, 2026

Levi Strauss & Co., reported steady performance for the fourth quarter and strong growth for the full fiscal year ended November 30, 2025, reflecting the company’s continued shift towards a direct-to-consumer (DTC)-led, denim lifestyle strategy. Net revenues for Q4 stood at US$ 1.8 billion, up 5% on an organic basis, driven by growth across Europe, […]

Financial Results

Arvind Fashions Posts Strong Growth In Q3 FY26

Textile Insights February 1, 2026

Arvind Fashions Ltd (AFL), one of India’s leading casual and denim apparel players, reported a robust performance for the third quarter ended December 31, 2025, driven by strong momentum across its direct-to-consumer channels. For Q3 FY26, the company’s revenue grew 14.5% year-on-year to Rs 1,377 crore, compared to Rs 1,203 crore in the corresponding quarter […]

Corporates

Sangam India Acquires 49% Stake In Hybrid Renewable Power Project

Textile Insights February 1, 2026

Sangam (India) Ltd has entered into a share purchase agreement to acquire a 49% equity stake in Clean Max Kenai Pvt Ltd, a renewable energy company, as part of its strategy to expand captive green power capacity for its Rajasthan-based manufacturing operations. The acquisition, disclosed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, […]

Corporates

Eurofins CPT Lanka Signs MoU With Sri Lanka Apparel Exporters Association

Textile Insights February 1, 2026

Eurofins Consumer Product Testing Lanka Pvt Ltd has signed a Memorandum of Understanding (MoU) with the Sri Lanka Apparel Exporters Association (SLAEA) to strengthen testing, sustainability and capability development across the country’s apparel sector. The MoU was signed on Thursday, January 29, 2026, in Colombo, by Rajitha Jayasuriya, Chairperson of SLAEA and Dr Karthik

Corporates

Karl Mayer Opens Global Hub For Textile Innovation

Textile Insights February 1, 2026

Karl Mayer has announced the opening of its new Textile Innovation Center (TIC), reinforcing its commitment to advancing textile innovation and creating new growth opportunities for the global textile industry. The state-of-the-art facility brings together the latest developments in warp knitting, technical textiles and warp preparation, the company’s core areas of

Trade & Market

India–EU FTA Seen As Major Export Opportunity For Tiruppur Apparel Hub

Textile Insights February 1, 2026

The recently concluded India–European Union Free Trade Agreement (FTA) is being viewed as a significant boost for Tiruppur’s apparel and textile export industry, with exporters expecting a sharp rise in shipments to the European market once the pact comes into force. The landmark agreement is set to provide zero-duty access for Indian textiles and apparel […]

Policies

Tamil Nadu Announces Rs 30-Crore Annual Subsidy To Modernise Textile Units

Textile Insights February 1, 2026

The Tamil Nadu government will allocate Rs 30 crore every year to provide a 20% capital subsidy for investments aimed at modernising weaving and knitwear units, Chief Minister M.K. Stalin announced on January 29. Addressing the International Textile Summit 360 in Coimbatore via video conference, the Chief Minister reiterated the state’s commitment to strengthening the […]

Aditya Birla Fashion & Retail Announces Change In Senior Management

On Holding Appoints Frank Sluis As Chief Financial Officer

Kelheim Fibres To Close By March 2026

Levi Strauss Delivers Strong FY25 Results

Arvind Fashions Posts Strong Growth In Q3 FY26

Sangam India Acquires 49% Stake In Hybrid Renewable Power Project

Eurofins CPT Lanka Signs MoU With Sri Lanka Apparel Exporters Association

Karl Mayer Opens Global Hub For Textile Innovation

India–EU FTA Seen As Major Export Opportunity For Tiruppur Apparel Hub

Tamil Nadu Announces Rs 30-Crore Annual Subsidy To Modernise Textile Units

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