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ITM 2026  9-13 JUNE 2026 ISTANBUL
#Knitting & Hosiery
2025-12-03

Mayer & Cie. to shut down after failed search for investor – 270 jobs affected

Mayer & Cie., the long-established German manufacturer of circular knitting and braiding machines, will cease operations after its international search for an investor ended without success. The company, based in Albstadt-Tailfingen, had been undergoing insolvency proceedings in self-administration since its filing on 23 September 2025. As Schwarzwälder Bote reports, the insolvency court has now formally opened the proceedings, triggering the decision to wind down the business in an orderly process.

#Man-Made Fibers
2025-10-09

Kelheim Fibres on track for the future

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#Knitting & Hosiery
2025-10-08

Mayer & Cie. files for insolvency under self-administration

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Spinning

2025-09-18

Rieter shareholders approve capital increase to finance Barmag acquisition

Rieter Holding Ltd. has published the final details for today’s Extraordinary General Meeting (EGM) and subsequently received shareholder approval for all proposals put forward by the Board of Directors.

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Denim

2025-09-18

Artistic Milliners acquires majority stake in Cone Denim

Artistic Milliners, a global leader in denim innovation, today announced the acquisition of a majority stake in Cone Denim from Elevate Textiles. The new multi-national company will operate under the historic Cone Denim name. Artistic Milliners' Pakistan operations and business will continue to operate independently. The transaction is expected to close in the first quarter of 2026.

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Textiles & Apparel / Garment

2025-09-18

Toray Industries and MAS Holdings announce Joint Venture in Odisha, India

Toray Industries (H.K.) Ltd., has officially entered a joint venture with South Asia’s largest apparel manufacturer MAS Holdings, marking a unique opportunity to enhance the two companies’ supply chain capabilities and pursue product manufacturing within and for the fast-growing Indian market. The joint venture, operating under the name Toray MAS Apparel India, will see the establishment of a new manufacturing facility at the MAS Apparel Park Bhuinpur in Odisha, India, which is currently under development.

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