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Financial Results

Trident’s Consolidated Net Profit Rises 2% To Rs 377 Cr In FY26

Textile Insights May 25, 2026

Trident Ltd reported consolidated net profit of Rs 377 crore for FY26, registering a 2% year-on-year increase despite continued pressure from global market volatility, U.S. tariffs and geopolitical uncertainties. The company posted consolidated revenue of Rs 6,775 crore for FY26, down 4%

Corporates

Decathlon Extends LFP Partnership Through 2032

Textile Insights May 25, 2026

Decathlon has renewed and expanded its partnership with the Ligue de Football Professionnel (LFP), becoming a Major Partner of the league through 2032. Under the renewed five-season agreement covering 2027-2032, Decathlon will continue supplying the official match balls for Ligue 1 McDonald’s and Ligue 2 BKT competitions through its football brand KIPSTA. The upgraded

Corporates

Opera Activates Netherlands Recovery Hub Ahead Of EU Ban

Textile Insights May 25, 2026

Opera Garment Solutions has announced the launch of its Netherlands Recovery Hub, aimed at helping mid-to-premium fashion brands recover value from returned and unsold inventory while complying with upcoming European Union sustainability regulations. Located within the Netherlands’ logistics network, the facility enables brands to process returned garments and excess stock

Corporates

Italy’s Oniverse Plans Two Garment Factories In Egypt, Targets Global Exports

Textile Insights May 25, 2026

General Authority for Investment and Free Zones (GAFI) held discussions with Italian apparel company Oniverse regarding plans to establish two ready-made garment factories in Egypt as part of the company’s broader expansion strategy. The meeting, led by Mohamed Awad, focused on accelerating project implementation, investment incentives and the potential eligibility of the

Corporates

Jaydeep Mondal Joins Grasim Industries As VP & Unit Head

Textile Insights May 21, 2026

Grasim Industries Limited, part of the Aditya Birla Group, has appointed Jaydeep Mondal as Vice President & Unit Head. Prior to joining Grasim Industries, Mondal served as Senior General Manager & Unit Head and General Manager & Unit Head at Coromandel International Limited, where he played a key role in plant operations, manufacturing excellence and […]

Industry

AMHSSC Launches Dedicated Employment Portal For Textile And Apparel Sector

Textile Insights May 21, 2026

Apparel Made-Ups and Home Furnishing Sector Skill Council (AMHSSC), operating under the Ministry of Skill Development and Entrepreneurship and National Skill Development Corporation, has launched a sector-specific employment portal to streamline recruitment across India’s textile and apparel value chain. The portal https://jobs.sscamh.com/ aims to bridge the gap between

Cotton

Bangladesh Announces Tk 20 Crore Incentive Scheme For Cotton Farmers

Textile Insights May 21, 2026

The Bangladesh government has announced a Tk 20 crore incentive package for cotton farmers for the 2026–27 financial year to boost domestic cotton production and support marginal farmers, according to the Cotton Development Board (CDB). Around 25,000 farmers across 26 districts will receive seeds, fertilisers and pesticides to cultivate cotton on one bigha of land […]

Economy

Crude Oil Prices Slides As US-Iran Talks Progress

Textile Insights May 21, 2026

Global crude oil prices declined sharply on May 20th after Donald Trump indicated that negotiations between the United States and Iran had entered the final stages, raising expectations of easing geopolitical tensions in the Middle East. US benchmark West Texas Intermediate (WTI) crude futures dropped more than 5% to settle at US$ 98.26 per barrel, […]

Industry

SIMA Urges Tamil Nadu CM To Address Power Cost Burden On Textile Mills

Textile Insights May 21, 2026

The Southern India Mills’ Association has urged Tamil Nadu Chief Minister C. Joseph Vijay to intervene in resolving mounting power-related issues impacting textile mills across the state. A delegation from SIMA met the Chief Minister on Wednesday and highlighted concerns over rising electricity costs and policy decisions related to non-conventional energy, which the

Corporates

Arvind Expands Global Footprint With UAE Subsidiary, London Design Hub

Textile Insights May 21, 2026

Arvind Limited has expanded its international presence with the launch of a wholly owned subsidiary in the UAE and a new design hub in London, strengthening its global sourcing, design and manufacturing network. The company has established Arvind Atelier (FZC) in the Sharjah Airport International Free Zone (SAIF Zone), while the London facility will focus […]

Trident’s Consolidated Net Profit Rises 2% To Rs 377 Cr In FY26

Decathlon Extends LFP Partnership Through 2032

Opera Activates Netherlands Recovery Hub Ahead Of EU Ban

Italy’s Oniverse Plans Two Garment Factories In Egypt, Targets Global Exports

Jaydeep Mondal Joins Grasim Industries As VP & Unit Head

AMHSSC Launches Dedicated Employment Portal For Textile And Apparel Sector

Bangladesh Announces Tk 20 Crore Incentive Scheme For Cotton Farmers

Crude Oil Prices Slides As US-Iran Talks Progress

SIMA Urges Tamil Nadu CM To Address Power Cost Burden On Textile Mills

Arvind Expands Global Footprint With UAE Subsidiary, London Design Hub

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