The Board of Directors wishes to express its gratitude to Kurt Ledermann in advance for his valuable service and his contribution to the further development of Rieter.
Details about succession arrangements shall be provided in due course.
Georg Stausberg, one of the most experienced executives in the international textile machinery industry, has been appointed Chief Executive Officer of the Rieter Group with immediate effect from 4 November 2026. With more than three decades of industry experience and a long-standing leadership career at Barmag, Stausberg brings extensive technological expertise, international market knowledge and an established network across the global textile industry to his new position.
Rieter achieved an order intake of CHF 951.4 million in the first nine months of 2026 (2025: CHF 559.3 million), up 70.1%. This growth is attributable to the first-time consolidation of the Man-Made Fiber Division. On an organic basis, order intake was 10.5% lower than the previous year.
Thomas Oetterli has decided to step down from his function as CEO, effective October 31, 2026, and hand over the Chairmanship of the Board of Directors. “After the successful implementation of the Next Level performance program, the structural measures initiated to consolidate the sites and the acquisition of Barmag, the time has come to hand over responsibility to new hands,” explains Thomas Oetterli.
Roger Albrecht, Head of the “Components & Technology” Division, has decided to pursue a new opportunity outside the Rieter Group. Roger has worked for the Group for 11 years and has been instrumental in maintaining Rieter’s position as a technology leader in the short-staple business.
From November 20 to 24, 2026, Groz-Beckert will be presenting its highlights and innovations across the various product areas – Knitting, Weaving, Nonwovens, Sewing, Tufting and Spinning – in Hall 4.1, Booth D41 at the ITMA ASIA + CITME 2026.
At ITMA Asia Shanghai 2026, Savio will showcase its latest developments in winding and spinning technology, focusing on artificial intelligence, automation and digital integration. The spotlight will be on two machines: the Proxima Smartconer®, Savio’s next-generation winding platform, and the Lybra Smartspinner®, an air-jet spinning solution designed for flexible yarn production and a wide range of textile applications.
From November 20 to 24, 2026, the Trützschler Group will present its latest fiber processing technologies at ITMA Asia in Shanghai, China. At Hall 5.1, Booth D20, the company will showcase solutions designed to increase productivity, simplify operations and improve efficiency across spinning preparation and nonwoven production. Key highlights include the automated can transport system T-CAN, the next-generation card TC 30, innovative card clothing solutions such as STEELTOP and SUPERFLOW, as well as advanced nonwoven technologies for hygiene, wipes and filtration applications.
Global cotton consumption is projected to exceed production in the 2026/27 season as output declines across several major producing countries while demand remains relatively stable, according to the November edition of Cotton This Month, published by the International Cotton Advisory Committee (ICAC).
Fashion for Good and AltMat announced today that C&A and Zalando have joined the Altag® Fiber Club as its first brand signatories, marking a critical commercial milestone in the journey to mainstream adoption of next-generation fibres derived from agricultural waste.
Innovation in waterproof breathable fabrics and apparel is being driven by legislation restricting the use of per- and polyfluoroalkyl substances (PFASs) as manufacturers develop alternative membranes and finishes for use in outdoor apparel, according to “Waterproof breathable fabrics: changing legislation is driving innovation”, a 50-page report from the global business information company Textiles Intelligence.
ReHubs is proud to continue its collaboration with Textiles Recycling Expo as the Structural Partner for the third consecutive year, reinforcing its commitment to bringing together the organisations, expertise and solutions needed to scale textile-to-textile recycling across Europe.
