#Textile processing

2022-10-13

New CFO at Coloreel as the company enters an expansion phase

Saman Khalilian has extensive experience in finance and business development from tech and growth companies, and most recently came from the role of CFO for the Ambea Group's healthcare company Klara.

To be able to grow into a company with international distribution, the embroidery technology company Coloreel has recruited Saman Khalilian as the new CFO.

Saman has a degree in electronics engineering from KTH and a bachelor's degree in economics. He will have an important role in the management team and will actively support the company by creating favourable conditions for the company's expansion phase.

"Coloreel is an exciting company with fantastic potential to take market share with its pioneering embroidery technology. With a strong patent as a foundation, combined with a great team, I am convinced that we will be able to drive growth with a sound cash flow and positive result", says Saman Khalilian.

"The company is now entering an exciting stage as it is on its way to international expansion. Saman's experience with growth companies and his ability to see the company in a broader context, both in the short and long term, will be valuable in Coloreel's continued exciting journey", says Torbjörn Bäck, CEO of Coloreel.

Saman Khalilian took over as CFO in June and will be based at the company's office at Epicenter in Stockholm

Coloreel Group AB files for bankruptcy

Coloreel Group AB, a pioneering Swedish technology company known for its instant thread dyeing technology, today announced that it has filed for bankruptcy. The decision comes after the company's inability to develop its business volume quickly enough and, related to this, secure the necessary financing.

Texprocess 2026: market overview for strategic future investments

At Texprocess 2026, 200 exhibitors from 28 countries will be represented. In a challenging market environment, the leading trade fair is a constant and reflects progress in textile processing – driven by automation, digitalisation and AI. In addition, international start-ups present their ideas and meet partners from industry and research. Techtextil takes place in parallel with an optimised hall layout.

Pfaff Industrial announces new managing director

Since February 2, 2026, Michael Kilian has been the new managing director (speaker for the management board) of PFAFF Industriesysteme und Maschinen GmbH. He succeeds Dr. Frank Meyer, who will remain Managing Director at KSL Joining Technology GmbH in Bensheim. Together with Ms. Jing Fan (Managing Director for finance & controlling, human resources, IT, and quality), Michael Kilian will take over responsibility for the long-established Kaiserslautern-based company.

EDANA unveils nominees for INDEX™26 Awards: Highlighting the next generation of nonwoven excellence

EDANA is proud to unveil the highly anticipated nominees for the INDEX™26 Awards, the nonwoven industry’s highest accolade for technical and sustainable excellence. Out of a record-breaking field of entries, these finalists represent the cutting edge of material science—from bio-based hygiene fibers and PFAS-free protective textiles to revolutionary water-filtration machinery. Each nominee has been selected by a jury of industry experts for their ability to solve critical global challenges, including the transition to a circular economy and the pursuit of enhanced consumer performance.

Lenzing Group positions bio‑based materials as a strategic asset for Europe’s economic security

The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, hosted a high‑level roundtable in Brussels to discuss how bio‑based materials can strengthen Europe’s economic security and support the shift toward a fossil‑free future. Organized in cooperation with Euractiv, the event brought together representatives of the European Commission, the UK Mission to the EU, academia, civil society, and industry.

Beyond Cotton: Natural Fibres in the Spotlight at the Bremen Cotton Conference - Branded by DNFI

Climate targets, fragile supply chains, and rising regulatory requirements are fundamentally changing the perspective of the textile industry - the focus is increasingly shifting toward the base material. Not only cotton, but natural fibres are gaining significant importance: they stand out not only because of their outstanding functional properties, but also because they make a valuable contribution to the bioeconomy and responsible product development.

Coats to showcase innovative reinforcement and filler materials for leather goods and accessories at APLF 2026

Coats, a world-class Tier 2 manufacturer and trusted partner for the apparel and footwear industries, will be promoting four advanced materials from its ‘Lifestyle Solutions’ portfolio at APLF 2026 in Hong Kong in March. Each innovation has been specifically engineered to help luxury and premium brands elevate the craft, durability, sustainability and creative expression required in the manufacturing of handbags, purses, and other high-end designer accessories.