Lenzing has unveiled a nonwovens strategy that closes two European fiber plants while investing €23 million in specialty production. The plan pairs €120 million in cost savings with up to €600 million...
Turkish textile group Sanko has proposed a major textile investment in Bangladesh, aiming to build a full-scale fabric manufacturing facility. The plan includes sustainable production methods, technol...
Mango posted first-half 2026 revenue of €1.85 billion, up 7.2% year-on-year, driven by international expansion and digital sales growth. The retailer opened 127 new stores, grew its global network pas...
LVMH reported €38.6 billion in H1 2026 revenue and a 22.5% operating margin, marking a rebound in fashion and leather goods demand. Louis Vuitton, Dior, and Sephora each posted gains as LVMH restructu...
Rieter completed its largest-ever acquisition by purchasing Barmag in February 2026, establishing a new Man-Made Fiber Division and becoming the world's largest system supplier for both natural and ma...
Gherzi Textil Organisation AG has renamed its U.S. office, Gherzi-USA, to Gherzi Americas, expanding its advisory mandate to cover the U.S., Canada, and Latin America. Robert Antoshak will serve as ma...
Hugo Boss management has formally recommended that shareholders reject Frasers Group's €1.93 billion takeover bid, citing a 4.3 percent share premium the board deems financially inadequate. Backed by...
Borana Weaves Limited has been approved under India's PLI Scheme for Textiles in the Man-Made Fibre segment, Part-2 category. The approval positions the company as eligible for production-linked incen...
H&M reported improved margins and stronger cash generation in H1 FY26, even as net sales declined to SEK 104.44 billion. The Swedish fashion retailer's gross margin rose to 53.8% for the half, adjuste...
Frasers Group plc has launched a £166 million hostile takeover bid for Accent Group, the ASX-listed Australian footwear and apparel retailer in which it already holds a 23% stake. The bid follows a 40...
KARL MAYER has signed an agreement to transfer selected assets of its former STOLL brand to Ningbo Cixing Co., Ltd. (CIXING Group), announced on June 17, 2026. The deal includes the STOLL brand name,...
Mohawk Industries has named Paul F. De Cock as its new Chief Executive Officer, effective September 30, succeeding Jeffrey S. Lorberbaum who retires after 25 years as CEO. De Cock joined Mohawk in 200...
The Dalal Family Foundation has gifted the Fashion Institute of Technology (FIT) to establish the Dalal Family Global Field Study Scholarship Program, funding annual international travel experiences f...
National Safety Apparel (NSA) has appointed Michael Enright as Chief Executive Officer, effective June 8, 2026, making him the first non-Grossman family member to lead the company. Chuck Grossman Jr.,...
Youngone Corporation has announced plans to build a comprehensive textile and apparel value chain in Uzbekistan, citing the country's cotton resources, export access, and expanding manufacturing capac...
Metro Brands has appointed Manoj Juneja as Chief Business Officer for its Sports Division, effective 23rd June 2026. Juneja brings more than 27 years of experience in retail, footwear, fashion, and co...
