[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

#Europe

European textile industry calls for €10 handling fee on ultra-fast-fashion imports

The introduction of the €3 customs duty on low-value imports marks an important milestone in Europe’s efforts to address the challenges created by the rapid growth of ultra-fast-fashion imports. Together with the abolition of the €150 customs duty exemption, it demonstrates that policymakers are willing to act when market distortions become impossible to ignore. However, the European textile and clothing industry considers this a first step rather than the final destination.

#Research & Development

From smart jackets to laser technology: Mona Neubaur explores Textile Factory 7.0

As part of her summer tour, North Rhine-Westphalia’s Minister for Economic Affairs and Climate Action, Mona Neubaur, visited Textilfabrik 7.0 in Mönchengladbach to experience the project’s innovations first-hand. Under the motto “smart and clean”, the visit focused on innovative technologies and sustainable alternatives for textile production - from smart jackets to the decolourisation of textiles using fungal cultures.

#CINTE Techtextil China 2026

Cinte Techtextil China 2026 has opened today, bringing global innovations and resources to Shanghai

As Asia’s premier platform catering to the evolving needs in technical textiles and nonwovens, Cinte Techtextil China has opened today at the Shanghai New International Expo Centre, gathering over 300 exhibitors from 15 countries and regions. Across Halls W3 to W5, this edition will create chances for fast-growing sectors and emerging trends – such as Mobiltech, Medtech & Protech, Indutech and more. The curated zones, pavilions, and fringe programme are designed to better connect exhibitors with targeted buyers from across China, Asia-Pacific, and further afield. Meanwhile, the Association Village will gather international industry associations to foster even more global collaboration.

#Textiles & Apparel / Garment

Texworld Apparel Sourcing Paris opens with focus on AI, circularity and new sourcing regions

More than 1,000 exhibitors from around the world are gathering at Paris-Le Bourget as Texworld Apparel Sourcing Paris opens its doors from August 31 to September 2. With around 500 textile manufacturers and a similar number of apparel and accessories suppliers, the trade fair reflects the ongoing transformation of global sourcing and the growing diversification of supply regions.

TOP