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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.
...moreDenim
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.
...moreTextiles & Apparel / Garment
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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