#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.

Automation, digitalization and new business models are shaping the future of footwear and leather technology

The European footwear and leather machinery industry is facing profound transformations. Global competitive dynamics, technological innovation, automation and digitalization are fundamentally reshaping markets, production processes and business models. This is one of the key findings of the new study “Threads of the Future – Footwear and Leather Technology Edition”, which was presented today by VDMA Textile Care, Fabric and Leather Technologies (VDMA TFL) during a press conference at SIMAC Tanning Tech in Milan.

Lectra strengthens its partnership with Caron Technology

Lectra announces the strengthening of its industrial alliance with Caron Technology, an Italian company founded in 1993 and specializing in preparation systems operating before the cutting process. This new milestone reflects the strength of a trusted relationship that has grown between the two companies over nearly two decades.

KARL MAYER invites the Global Textile Industry to celebrate its 90th anniversary at its German Headquarters in 2027

KARL MAYER is turning its anniversary year 2027 into a milestone for the textile sector. To mark its 90th anniversary, the industry leader is inviting customers, partners, and experts from around the world to a unique event series in September aimed at pushing boundaries, unlocking new opportunities, and jointly setting the course for a new era in textiles – just as KARL MAYER has done throughout its history. The company’s headquarters in Obertshausen, near Frankfurt, is the place to be.

ITMF names three winners of the Sustainability & Innovation Award 2026

Three projects from the UK, Korea and China have been selected as winners of the ITMF Sustainability & Innovation Award 2026. The projects address textile-to-textile recycling, chemical recycling for automotive textiles and a regenerative approach combining silk production with ecological restoration.