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Man-Made Fibers
2025-12-11
ARMEDANGELS to develop more sustainable products with SPINNOVA® fibre
ARMEDANGELS has signed non-binding Letter of Intent (LOI) to secure access to SPINNOVA® fibre volumes in the future. The LOI outlines an important step in Spinnova’s ambitions to create an ecosystem (consortium) to enable the availability of sustainable SPINNOVA® fibre in the textile materials market.
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2025-12-11
Lenzing AG announces new leadership and establishment of Executive Committee
Lenzing AG announced that Rohit Aggarwal, Managing Board Member and Chief Executive Officer of Lenzing AG, has informed the Supervisory Board of his decision to resign from his position due to personal reasons, effective 31 January 2026. To support a smooth transition, Mr. Aggarwal will remain with Lenzing AG as an advisor to the company until end of September 2026. The Supervisory Board expresses its appreciation for Mr. Aggarwal’s leadership and contributions during his tenure.
...moreHome Textiles
2025-12-11
Culp reports improved operating results in Q2 as restructuring gains traction
Culp, Inc., a major supplier of mattress and upholstery fabrics, reported its fiscal Q2 2026 results with signs of operational improvement despite continued weakness in the global home furnishings market. Consolidated sales reached USD 53.2 million, slightly above the previous quarter, with the bedding segment growing both sequentially and year-over-year.
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