#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.

Durak Maxibalance thread supports users’ movement and balance comfort

Durak Tekstil, a leading brand in its industry, has developed Durak Maxibalance, a new product engineered with bio-ceramic and FAR IR technology. Ushering in a new era for sportswear, activewear, and medical textiles, this technology offers features designed to support balance and movement comfort by reflecting the energy absorbed from the body back into it.

Jeanologia Sustainability Report highlights environmental impact of textile technologies

Jeanologia has published its Sustainability Report 2025, reporting a 13.64% reduction in its own carbon footprint and quantifying the environmental impact associated with the use of its technologies across the global textile industry. According to the company’s calculations, their use avoided the pollution of 21.52 million m³ of water and emissions of approximately 103,530 tonnes of CO₂ compared with conventional textile finishing processes.

KARL MAYER expands TM WEFT capabilities for fashion fabrics at ITMA ASIA 2026

A new E 36 gauge, an EL pattern drive and improved yarn tension regulation extend the application possibilities of KARL MAYER's TM WEFT warp knitting machine. At ITMA ASIA 2026, the company will demonstrate the developments alongside a collection of woven-like warp knitted fabrics for fashion and apparel.

Textiles Recycling Expo USA 2027 opens registration and expands with manufacturing exhibition

The second edition of Textiles Recycling Expo USA will take place on 7–8 April 2027 in Charlotte, North Carolina. Following a debut that attracted more than 1,800 visitors and 95 exhibitors, the event will expand its exhibition and conference programme and will be held alongside the new Textiles Manufacturing Expo.

MarediModa highlights transparency and traceability with InsideOut by C.L.A.S.S.

The InsideOut by C.L.A.S.S. exhibition at MarediModa 2026 in Cannes focused on transparency, traceability and the measurable values behind fashion products. Its Decalogue of Values aims to make environmental, social and production-related information more accessible throughout the textile supply chain.