News - Textile Insights - Page 87

Corporates

Welspun Living Appoints Manish Bansal As CFO

Textile Insights November 13, 2025

Welspun Living Limited, part of the US$ 3.6 billion Welspun Group and a leading global player in home textiles, has announced the appointment of Manish Bansal as President and Chief Financial Officer (CFO), effective January 1, 2026. His appointment was approved by the company’s Board of

Fibre

Merino Wool Sees Global Demand Surge As Consumers Shift From Synthetics

Textile Insights November 11, 2025

Merino wool is experiencing a major resurgence as consumers worldwide move away from synthetic, fossil-fuel-based textiles and return to natural fibres that combine comfort, performance and sustainability. The fibre’s renewed popularity is mirrored in the Australian wool market, which has just recorded its biggest price rise in 30 years, driven by genuine consumer demand

Financial Results

Sanathan Textiles Reports Q2 FY26 Results; Punjab Facility Begins Operations

Textile Insights November 11, 2025

Sanathan Textiles Limited, one of India’s leading integrated and diversified yarn manufacturers, announced its unaudited financial results for the quarter and half-year ended September 30, 2025. Revenue from operations rose 3.2% YoY to Rs 767.1 crore in Q2 FY26, led by higher volumes supported by the commissioning of the company’s new Punjab facility. EBITDA increased […]

Financial Results

Hugo Boss Reports Stable Earnings In Q3 2025

Textile Insights November 11, 2025

Hugo Boss reported a slight 1% decline in group sales for the third quarter of 2025, reflecting continued market pressures and macroeconomic volatility. Despite this, the company saw positive momentum in strategic initiatives that strengthened brand visibility, including the launch of its Fall/Winter collections and the Boss Spring/Summer 2026 Fashion Show. Strong

Sustainability

Textile Exchange Adopts Revised RMDF To Strengthen Traceability In Recycled Textiles

Textile Insights November 11, 2025

Textile Exchange has announced the adoption of its revised Reclaimed Material Declaration Form (RMDF), a new standardized framework designed to improve transparency and traceability of textile waste across global supply chains. The updated RMDF is the result of the Tracing Textile Waste project, led by Fashion for Good and launched in August 2023, involving waste […]

Financial Results

Puma Charts Reset Strategy To Climb To Global Top 3 Sports Brands

Textile Insights November 11, 2025

Puma has set out a new strategic direction aimed at positioning the company among the world’s top three sports brands, as the company works through a transition year marked by operational resets and cost realignment. In the third quarter of 2025, Puma reported a 10.4% decline in currency-adjusted sales to €1,955.7 million, driven largely by […]

Financial Results

Oerlikon Reports Steady Q3 Performance, Strengthens Leadership Team

Textile Insights November 11, 2025

Oerlikon delivered a solid performance in the third quarter of 2025, supported by its diversified market exposure and strategic execution, despite continued softness across several global end markets. The company reported an 11% year-on-year increase in order intake at constant currency, reaching CHF 396 million, while sales grew 3% at constant currency to CHF 380 […]

Fibre

Kraig Biocraft Laboratories Says Spider Silk Production Unaffected By Southeast Asia Typhoons

Textile Insights November 11, 2025

Kraig Biocraft Laboratories, Inc. has confirmed that its spider silk production operations in Vietnam remain fully secure and uninterrupted, despite recent typhoons that caused widespread flooding in parts of Southeast Asia. The company attributed the operational continuity to its strategic relocation of production facilities to highland regions over the past two years.

Sustainability

Textile Renewal Alliance Unveils Brand And Website

Textile Insights November 11, 2025

Textile Renewal Alliance, a new 501(c)(3) organization formed to support producers in meeting their obligations under U.S. Extended Producer Responsibility (EPR) laws, has unveiled its brand identity and launched its official website: textilerenewalalliance.org. The launch represents a major step in the organization’s effort to become the designated Producer Responsibility

Sustainability

Morocco’s Textile Sector Shifts Upmarket With Focus On Technology and Sustainability

Textile Insights November 11, 2025

Morocco’s textile and clothing sector is undergoing a major transformation driven by automation, digitalization and sustainability, said Anass El Ansari, President of the Moroccan Association of Textile and Clothing Industries (AMITH). Speaking at the opening of the 22nd “Maroc in Mode” (MIM) exhibition, he highlighted that the industry is steadily moving upmarket and

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