Market

Italian Textile Machinery Orders Rebound In Q2 2026

Textile Insights July 27, 2026

Order intake for Italian textile machinery manufacturers showed signs of a strong recovery in the second quarter of 2026, despite a slight decline compared with the same period last year. Between April and June 2026, the order index at constant prices stood at 46.6 points, with 2021 used as the

Event

LMW Receives Strong Response At Bharat Tex 2026

Textile Insights July 15, 2026

LMW Limited is receiving an enthusiastic response at Bharat Tex 2026, being held at Bharat Mandapam, New Delhi, from 14–17 July 2026. On Day 2 of the exhibition, the company’s stall (Hall 14GF | Stall 14G-D11) attracted a steady stream of customers, industry professionals, and business partners, confirming LMW’s leadership in textile machinery solutions. A key

Machinery

Almost 90 Exhibitors From Germany Participating At ITM 2024

Textile Insights May 24, 2024

Almost 90 exhibitors from Germany will exhibit at ITM 2024 exhibition, most of whom are members of the VDMA. ‘In addition to VDMA member companies exhibiting in their own booth, numerous VDMA members will be represented in Istanbul via their agents,” VDMA said in a press release. They cover nearly all different machinery chapters with […]

Event

ITM 2024 To See Record Exhibition Space & Exhibitor Numbers

Textile Insights May 22, 2024

ITM 2024 exhibition which will be held from June 4-8, 2024 will break new records in terms of exhibition space and also exhibitor numbers The exhibition is seeing a significant increase in number of new exhibition companies due to which their numbers have reached more than 1,300 companies from more than 70 countries. The exhibition […]

Corporates

CEO Thomas Oetterli Elected As Chairman Of Rieter BoD

Textile Insights April 18, 2024

CEO Thomas Oetterli was elected as Chairman of the board of directors (BoD) of Rieter Holding at the 133rd annual general meeting of the Swiss textile machinery manufacturing company. Additionally, 312 shareholders who attended the meeting and who represent 68.7 percent of the share capital approved the proposal to distribute a dividend of CHF 3.00 […]

Event

ITM 2024 Exhibition Will Be Held From June 4-8 In Istanbul

Textile Insights February 21, 2024

ITM 2024 exhibition will be held from June 4-8, 2024 in Istanbul where visitors will have the opportunity to discover the technologies that will shape the future of textile. ‘ITM 2024 will be organised this year with the motto ‘Discover the Future’ and will offer an unmissable opportunity for those who want to discover the […]

Machinery

Italian Textile Machinery Order Index Stable In Q4 Of 2023

Textile Insights February 20, 2024

In the fourth quarter of 2023, the Italian textile machinery orders index remained stable compared to data recorded for the same period in 2022 and stood at 82.4 points. “This is the result of an upswing in orders from foreign markets, counterbalanced by declining orders on the domestic front,” the Association of Italian Textile Machinery […]

Corporates

Rieter Wins Major Chinese Draw Frame Patent Dispute

Textile Insights February 8, 2024

In a judgment, the Supreme People’s Court of the People’s Republic of China ruled in favor of Rieter in a legal dispute concerning infringement of a Rieter patent by a competitor’s draw frame. “Rieter protects its innovations with patents and registered designs and consistently takes action against infringements of its intellectual property,” the Swiss company […]

Machinery

Global Textile Machinery Market To Grow At CAGR Of 6.1% Till 2033

Textile Insights January 29, 2024

The global textile machinery market which was valued at US $29 billion in 2023 is expected to grow at a CAGR of 6.1 percent and touch $52 billion by 2033. According to a Fact.MR report, among all textile machinery sales, those of spinning machines are projected to grow at a CAGR of 4.6 percent from […]

Financial Results

Rieter Group Sales Drop 6% To CHF 1,418.6 Million In 2023

Textile Insights January 24, 2024

The Rieter Group released its unaudited figures for financial year 2023 in which its sales dropped around 6 percent to CHF 1,418.6 million as against CHF 1,510.9 million in 2022. The Business Group Machines & Systems recorded sales of CHF 965.0 million, a decrease of 7 percent year on year, while sales at the Business […]