News - Textile Insights - Page 9

February 19, 2026

Corporates

Rieter Completes Acquisition Of Barmag

Textile Insights February 2, 2026

Rieter has successfully completed the acquisition of Barmag, effective February 2, 2026, marking a strategically significant milestone for the group. With this acquisition, Rieter becomes the world’s leading system provider for both natural and synthetic fibres. Barmag will be fully

Economy

Union Budget 2026–27: A Blueprint For India’s Textile Future

Textile Insights February 2, 2026

Industry leaders back the government’s integrated push across manufacturing, MSMEs, exports and sustainability. India’s textile and apparel industry has responded positively to the Union Budget 2026–27, welcoming the government’s structurally focused approach aimed at strengthening fibre security, modernising manufacturing clusters, enhancing skills, promoting

Economy

Union Budget 2026–27: Integrated Textile Push, Export Incentives And MSME Support Take Centrestage

Textile Insights February 1, 2026

Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026–27, outlined an expansive reform and investment roadmap for India’s labour-intensive textile and apparel sector, positioning it as a key pillar for employment generation, export growth and sustainable manufacturing. The budget proposes an Integrated Programme for the textile sector comprising

Economy

Women Leadership Emerging As A Strategic Imperative For India’s T&A Sector

Textile Insights February 1, 2026

At the International Conference on TEXTILE 2030, organised by The Textile Association (India) Mumbai unit, on January 30, 2026, a compelling panel discussion titled ‘Women Leadership Driving a Change in the Textile & Apparel Sector’ brought into focus the evolving role of women in shaping the future of India’s textile and apparel industry. Moderated by […]

Corporates

Seiko Epson Ranked 6th In Clarivate Top 100 Global Innovators 2026

Textile Insights February 1, 2026

Seiko Epson Corporation, has been named 6th in the Clarivate Top 100 Global Innovators 2026, maintaining its position from last year. This marks the 13th time Epson has appeared on the list since its launch in 2012. The award recognizes companies demonstrating sustained innovation performance through high-quality patents and global invention activity. Clarivate assesses

Industry

Lifetime Achievement Award For Textile Veteran Amrishbhai Patel

Textile Insights February 1, 2026

Veteran industrialist Amrishbhai Patel, Chairman and Managing Director of the Dishman Group, Shirpur, has been conferred with the Lifetime Achievement Award for his enduring contribution to India’s textile industry. The honour was announced at the Textiles 2030 International Conference held in Mumbai on January 30th and was formally accepted on his behalf by his son, […]

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, will take on additional responsibility for the TCNS Division […]

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, […]

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