[pageLogInLogOut]

#Software

Lectra announces the acquisition of the majority of the capital of TextileGenesis

Lectra announces the signature of an agreement to acquire 51% of the capital and voting rights of the Dutch company TextileGenesis. As a major player in the fashion, automotive, and furniture markets, Lectra contributes with boldness and passion to the Industry 4.0 revolution by providing software, equipment, data, and services to brands, manufacturers, and retailers.

Lectra extends its software offer to material traceability and reinforces its position in Industry 4.0

Founded in 2018, TextileGenesis provides a Software as a Service (SaaS) platform that enables fashion brands and sustainable textile manufacturers to ensure a reliable, secure and fully digital mapping of their textiles, from the fiber to the consumer, and thereby guarantee their authenticity and origins. This solution ensures the traceability of TextileGenesis’ customers' entire sustainable textile supply chain in order to meet the demands for transparency, driven by changes in legislation in a growing number of countries and by growing consumer awareness, thereby encouraging sustainable development.

Its innovative traceability mechanism, which addresses both ends of the textile value chain, as well as its network of partners for material certification, and its technology platform guarantee the exchange and tracking of reliable and secure data throughout a material's life cycle.

Several of the world's most prestigious fashion brands as well as leading sustainable fiber producers are already convinced of the value of TextileGenesis' innovative offer, which enables the connection of multiple actors of the sustainable fashion ecosystem on this platform.

“Fashion is one of the most fragmented industries due to its long and complex value chain, which makes it opaque to brands, suppliers, subcontractors, and consumers” says Amit Gautam, founder of TextileGenesis. “Today, only 19% of fashion industry actors have visibility of their value chain, and this visibility is often partial. Many brands, especially those that have set ambitious sustainability goals, face a real challenge in terms of supply chain transparency. If they cannot track the life cycle of certified materials, they will not be able to justify the sustainability of their products,” he adds.


“Having the highest ethical standards, guaranteeing the well-being of our employees, and preserving the environment are embedded in Lectra’s DNA and guide our daily decisions. Through our technology, acquisitions, and partnerships, we aim to empower our customers to work in a more socially and environmentally responsible way,” says Daniel Harari, Chairman and Chief Executive Officer of Lectra. “We look forward to joining forces with TextileGenesis' talented teams to accelerate the development of their sustainable material traceability solution and deepen our knowledge of the textile value chain in the fashion industry,” he concludes.

At the beginning of January, Lectra will acquire 51% of TextileGenesis for 15.2 million euros. The acquisition of the remaining share capital and voting rights is expected to take place in two stages, in 2026 and 2028, for an amount that will be calculated based on a multiple of the 2025 and 2027 recurring revenues.


More News from Lectra Deutschland GmbH

#Industry 4.0 / Digitalization

Mango joins TextileGenesis pioneering traceability solution, a Lectra company, for a transparent value chain

Mango, one of the leading international fashion groups, has joined TextileGenesis, the pioneering traceability solution for the fashion and textile industries, to trace their natural and animal fibers, synthetics, man-made cellulosic fibers and leather. TextileGenesis, a Lectra company, offers a complete and secure cutting-edge technology with its six-dimensional (6D) offering and unique “fiber forwards” approach. Mango, has long been committed to maintaining a fully transparent supply chain, and TextileGenesis will reinforce this commitment.

#Textiles & Apparel / Garment

New Retviews study by Lectra: the luxury market in 2025, between margin protection strategies and new iconic pieces

After more than a decade of uninterrupted growth, the luxury fashion market is now experiencing a more pronounced slowdown. Global luxury goods sales have fallen from €369 billion in 2023 to €364 billion in 2024 (according to Bain & Co.), exposing the vulnerabilities of a model long supported by aggressive price increases.

#Recycling / Circular Economy

Recover and TextileGenesis collaborate to verify supply chain integrity of recycled materials

RecoverTM, a global producer of recycled cotton and cotton-blend fibers, has commenced a traceability collaboration with TextileGenesis, a Lectra company, to digitally track its recycled waste materials across the entire textile value chain.

More News on Software

#Texprocess 2026

Texprocess 2026: Style3D | ASSYST showcases AI, 3D, 2D and automation and meets strong industry response

Four days, countless discussions and a clear signal from the industry: the future of fashion is digital and AI-driven. At Texprocess 2026, Style3D | ASSYST demonstrated how AI, 3D and automation are already fundamentally transforming processes from design to production.

#Software

Coats Digital appoints Himanshu Mehrotra as Managing Director to lead next phase of cloud and AI-driven innovation

Coats Digital is delighted to announce the appointment of Himanshu Mehrotra as Managing Director to lead the company’s strategic direction, innovation agenda, and global growth as it accelerates the development of its cloud-native, AI-powered software solutions for the global apparel and footwear supply chain.

#Software

Tunicotex Group boosts OTDP to 85%, cuts planning time by 25% & expands production capacity by 40%

Coats Digital is delighted to announce that following the implementation of FastReactPlan, leading Tunisian premium knitwear manufacturer, Tunicotex Group, has significantly improved its on-time delivery performance from 75% to 85%, reduced planning time by 25%, minimised delays and penalty costs, and unlocked 40% additional capacity to take on more customer orders and support sustained business growth.

#Industry 4.0 / Digitalization

Suzhou Tianyuan boosts costing accuracy to 98% with Coats Digital’s GSDCost

Coats Digital is delighted to announce that Suzhou Tianyuan Garments Co., Ltd., a leading manufacturer of high-quality sportswear and functional apparel for global brands such as Adidas, FILA, ANTA, and The North Face, has achieved remarkable productivity and cost management improvements following the implementation of Coats Digital’s award-winning method-time-cost optimisation solution, GSDCost.

Latest News

#Dyeing, Drying, Finishing

Ferraro S.p.A. acquires the “Finishing” business unit of Cibitex S.r.l.

Ferraro S.p.A. and Cibitex S.r.l. are pleased to announce the completion of the agreement pursuant to which Ferraro S.p.A. has acquired the “Finishing” business unit of Cibitex S.r.l., specialized in the development and manufacturing of technological solutions for textile finishing.

#Recycling / Circular Economy

Reju opens its first R&D Center in the U.S. in Conshohocken, Pennsylvania

Reju, the company specializing in textile regeneration, today announced the opening of a Research and Development (R&D) Center in Conshohocken, Pennsylvania, the company's first proprietary research center in North America. Located within Technip Energies' existing Advanced Materials and Catalysts research center, the lab will allow Reju to accelerate the rollout of its recycling technologies and develop its next-generation circular solutions.

#Weaving

Itema reaffirms its commitment to the Syrian textile industry at NasTex 2026

From July 18th to 21st, Itema will exhibit at NasTex at the Damascus Fairground (Hall 11 – Stand C02), marking its return to one of the Middle East’s historically significant textile markets. Itema will showcase advanced weaving technology designed to support the competitiveness and technological evolution of Syrian manufacturers and announces a new partnership with Growfast Agency as the sole agent of Itema in Syria.

#Knitting & Hosiery

KARL MAYER's HKS 2-SE Expands Possibilities for Premium Stretch WARP KNITS

Warp knitted fabrics with a woven look are more in demand than ever in the fashion and apparel industries. Stretch WARP KNITS, in particular, impress with their freedom of movement, breathability, and virtually wrinkle-free wear – thereby opening up new style worlds such as smart casual or business casual. When it comes to the highly efficient production of premium-quality stretch WARP KNITS, the HKS 2-SE has long been the machine of choice. KARL MAYER’s best-selling tricot machine produces standard elastic fabrics characterized by high gauges, smooth, delicate surfaces, and a soft hand feel.

TOP