News - Textile Insights - Page 238

Financial Results

Mango Reports Strong Growth In 2024 With Record Turnover Of €3.339 Billion

Textile Insights March 18, 2025

Mango, a leading international fashion brand, has reported a significant increase in all key financial indicators for the 2024 financial year. The company’s turnover reached €3.339 billion, marking a 7.6% increase from 2023. At constant exchange rates, turnover rose by 11.6%, outperforming the

Financial Results

Inditex Achieves Record Sales And Profits In 2024

Textile Insights March 18, 2025

Inditex reported a strong financial performance for 2024, with sales increasing by 7.5% to €38.6 billion, driven by robust execution of its integrated business model and strong customer response to its collections. Sales growth was positive across all concepts, with sales in constant currency rising by 10.5%. Online sales saw a 12.0% increase, reaching €10.2 […]

Product Launch & Innovation

Archroma Introduces AVITERA RASPBERRY SE For Enhanced Sustainability In Dark Shades

Textile Insights March 18, 2025

Archroma, a global leader in specialty chemicals and sustainable solutions, has expanded its AVITERA SE Generation Next platform with the launch of AVITERA RASPBERRY SE. This innovative trichromatic red dye allows mills to achieve deep and extra-dark shades with enhanced fastness, lower processing costs and improved sustainability. The new dye was introduced as part of

Cotton

Better Cotton Reports Progress On Action Plan For Brazil’s Matopiba Region

Textile Insights March 18, 2025

Better Cotton has reported significant progress in its action plan to address sustainability challenges in Brazil’s Matopiba region, following concerns raised in an April 2024 report. The report highlighted issues related to land use, deforestation and community impact linked to Better Cotton licensed farms in Bahia. While none of the licensed farms were found to […]

Industry

Unveiling ‘The Turquoise Man – Life Of JHK’: A Tribute To A Remarkable Legacy

Textile Insights March 17, 2025

On March 9th, 2025, we proudly unveiled ‘The Turquoise Man – Life of JHK’, a heartfelt chronicle of my father’s extraordinary journey, compiled with love and care by my daughters Kavisha and Kaashvi. My father has been my anchor and greatest teacher, influencing every significant decision in my life—from education to business leadership. Even after […]

Event

Bhilosa Industries Wins DET Hurun India Manufacturing Excellence Award 2024

Textile Insights March 17, 2025

Bhilosa Industries has been honored with the prestigious DET Hurun India Manufacturing Excellence Award 2024. This recognition highlights Bhilosa’s unwavering commitment to quality, innovation, and operational excellence. The company credits its strong foundation to the visionary leadership of Rameshchandra Jain, whose guiding values have shaped Bhilosa’s journey. Under

Corporates

Mario Mendis Appointed EuroCham Chief Delegate for Central Vietnam

Textile Insights March 17, 2025

EuroCham Vietnam has appointed Mario Mendis as Chief Delegate for Central Vietnam, reinforcing its commitment to strengthening business engagement and advocacy in the region. Mendis, a seasoned international hotelier with 26 years of experience across Australia, Sri Lanka, Dubai, Thailand and Vietnam, previously served as Chairman of EuroCham’s Tourism & Hospitality

Corporates

Lenzing AG Announces Changes In Supervisory Board Leadership

Textile Insights March 17, 2025

Lenzing AG has announced changes to its Supervisory Board leadership ahead of its 81st Annual General Meeting (AGM) on April 17, 2025. Cord Prinzhorn, the current Supervisory Board Chairman, will step down at the end of his mandate to focus on other commitments within B&C Group. Patrick Lackenbucher, Managing Director of B&C Group, has been […]

Corporates

D’DECOR Appoints Debajit Kundu As Vice President

Textile Insights March 17, 2025

D’DECOR HOME FABRICS has appointed Debajit Kundu as Vice President, bringing extensive experience in textile manufacturing and operational excellence. With a strong background in weaving and fabric production, Kundu will focus on driving growth and innovation in the home textiles sector. Prior to joining D’DECOR, Kundu held leadership roles at Vardhman

Corporates

Julien Leclercq Appointed Chairman Of Decathlon’s Board Of Directors

Textile Insights March 17, 2025

Decathlon, a global leader in sports retail, has announced the appointment of Julien Leclercq as the new Chairman of its board of directors, succeeding Fabien Derville, who has held the position since 2018. The leadership transition took effect on March 10, 2025. During his tenure, Fabien led Decathlon through a period of significant growth and […]

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