News - Textile Insights - Page 140

Apparel, Fashion, Retail

UNIQLO To Open First Store In Pune On September 26

Textile Insights August 7, 2025

New Outlet at The Pavillion Marks Brand’s Expansion in Western India Japanese apparel giant UNIQLO is set to open its first store in Pune on September 26, 2025, at The Pavillion Mall. The new outlet marks the brand’s continued expansion in Western India and will be its 18th store in the

Corporates

Ravindrakumar Toshniwal Becomes Vice-Chairman, Shaleen Named MD Of Banswara Syntex

Textile Insights August 7, 2025

Banswara Syntex Ltd., has announced key leadership changes effective August 7, 2025. Ravindrakumar Toshniwal, who has served as Managing Director will assume the role of Vice-Chairman. Concurrently, Shaleen Toshniwal will transition from the position of Joint Managing Director to Managing Director of the company. Ravindrakumar Toshniwal, a seasoned industry leader with

Financial Results

Lenzing Reports Strong H1 Growth Despite Tariff Pressures

Textile Insights August 7, 2025

Revenue at EUR 1.34 bln, EBITDA Soars 63% to EUR 268.6 mln The Lenzing Group, a leading global producer of regenerated cellulosic fibers, posted robust financial results for the first half of 2025, driven by its performance improvement program and operational efficiencies. Revenue rose to EUR 1.34 billion, while EBITDA surged 63.3% to EUR 268.6 […]

Industry

Giriraj Singh Launches Book On Handloom Sector’s Carbon Footprint

Textile Insights August 6, 2025

Union Minister of Textiles, Giriraj Singh, today launched the book “Carbon Footprint Assessment in the Indian Handloom Sector: Methods and Case Studies”, a significant step toward promoting environmentally responsible practices in India’s traditional textile industry. Jointly developed by the Office of the Development Commissioner for Handlooms, Ministry of Textiles, and

Event

Textiles Ministry Launches ‘Haat On Wheels’ To Promote Indian Handlooms

Textile Insights August 5, 2025

As part of the 11th National Handloom Day celebrations, the Ministry of Textiles, in collaboration with the National Handloom Development Corporation (NHDC), launched the “Haat on Wheels” initiative and an Exclusive Handloom Expo at Handloom Haat, Janpath. Union Minister of Textiles, Giriraj Singh inaugurated the event, accompanied by MoS Pabitra Margherita and Secretary

Sustainability

Goldwin Play Earth Fund Backs Ambercycle For Circular Textiles In Japan

Textile Insights August 4, 2025

Goldwin Play Earth Fund (GW-PEF), co-managed by Goldwin Venture Partners Inc. and Ignition Point Venture Partners Inc., has announced a strategic investment in Ambercycle, Inc., a Los Angeles-based material innovation company driving circular systems for the fashion industry. The partnership marks a milestone for Ambercycle, as its flagship material cycora — a regenerated

Corporates

Ashima To Raise Rs 70 Crore Via Private Placement Of NCDs

Textile Insights August 4, 2025

Ashima Ltd has announced the issuance of 7,000 unlisted, secured, unrated, redeemable, rupee-denominated Non-Convertible Debentures (NCDs) of Rs 1 lakh each, aggregating to Rs 70 crore, on a private placement basis. The NCDs, carrying a coupon rate of 7.5% per annum, will have a tenure of nine years from the date of allotment (July 31, […]

Industry

India Withdraws QCOs On Key Industrial Chemicals

Textile Insights August 4, 2025

The government has withdrawn Quality Control Orders (QCOs) for acetic acid, methanol and aniline, according to a notification issued on July 23. These chemicals are vital inputs for industries such as pharmaceuticals, textiles, dyes, paints, adhesives and agrochemicals. The QCOs, introduced in 2019, had mandated Bureau of Indian Standards (BIS) certification for marketing

Corporates

EPS Appoints Tom Bertke To Drive Xaar Versatex Sales In North America

Textile Insights August 4, 2025

EPS, part of the Xaar Group, has named Tom Bertke as Sales Manager for the Xaar Versatex Printbar in North America. With more than 30 years in capital equipment sales, including 25 years in inkjet technology, Bertke brings extensive experience from leadership roles at Domino, EFI, Jetrion, SPG Prints, Durst, Konica Minolta, Ricoh and Hitachi. […]

Corporates

Kusumgar Appoints Anil Kumar Gupta As President – Operations

Textile Insights August 4, 2025

Kusumgar, a leading name in the technical textiles sector, has appointed Anil Kumar Gupta as President – Operations. With over 28 years of experience in textiles and manufacturing, Gupta has a strong track record of leading multi-plant operations, driving business transformations, and building high-performing teams. He began his career with Voltas Ltd., (a TATA Enterprise)

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