#Textiles & Apparel / Garment

2021-11-11

Esquel Group appoints Edgar Tung as new Chief Executive Officer

Esquel Group today announces the appointment of Mr. Edgar Tung as its new Chief Executive Officer, effective November 15, 2021. In the announcement, Ms. Marjorie Yang, who remains as Chairman after stepping down as CEO, thanks Mr. Tung for his valuable contributions to the development of the Group thus far.

“We are embarking on a new phase of growth and business transformation. With Edgar’s rich experience and deep understanding of Esquel’s values and approach, I have full confidence that he will lead a new generation of leaders to redefine our impact on the industry and beyond,” said Ms. Yang.

Mr. Tung is a seasoned executive with over 20 years of general management experience in industries spanning from textile and apparel, through technology to food and beverage retailing. Prior to his appointment as CEO, he was the Group’s COO, and had taken on various leadership roles in global operations, sales and other corporate functions. An established public speaker, Mr. Tung has frequently been featured in industry and youth forums. He is the founding Chairman of the Youth Arch Foundation that aims at identifying and developing young leaders, and also sits on the Board of the Esquel-Y.L. Yang Education Foundation.

“It is my privilege to take the lead at this pivotal time for Esquel and I thank the board for their trust,” said Mr. Tung upon the appointment. “I am very proud of the Esquel team not only for the deep expertise and broad influence we have accumulated over the years, but also for our innovative culture and sustainability values. I have every confidence in Esquel's success in our new ventures.”

“Production is a product”

From technical textiles and AI-driven robotics to the limitations of textile circularity: Professor Dr Thomas Gries looks back on more than two decades of development at ITA Aachen. In the interview, he explains why production technology remains a decisive success factor, discusses international collaborations and innovation ecosystems, and shares his views on the transformation of production landscapes and the challenges facing an increasingly regulated industry.

“We need to move away from the price trap and return to a value-driven mindset.”

With its new Textile Innovation Center, KARL MAYER is sending a strong signal for innovation, collaboration, and the future of textile applications. In this interview, Karl Josef Mayer discusses new opportunities in warp knitting, the processing of staple fibres, recycling, the changing role of machinery manufacturers, and why the textile industry must once again focus more strongly on the value of textiles. by Oliver Schmidt

“Innovation, resilience and international experience remain the great strengths of the Swiss textile machinery industry”

Geopolitical uncertainty, growing competitive pressure from China, new free trade agreements and the shift towards a circular economy are currently reshaping the global textile industry. In this interview, Cornelia Buchwalder discusses the current mood within the Swiss textile machinery sector, the industry’s distinctive innovative strength, new market opportunities in India and Asia, and the technological trends that could shape the upcoming trade fair cycle leading up to ITMA 2027.

Mario Jorge Machado re-elected President of EURATEX

The EURATEX General Assembly has re-elected Mario Jorge Machado as President of EURATEX, renewing its confidence in his leadership at a crucial moment for the European textile and clothing industry. The sector is facing rising costs, global competitive pressure and an increasingly challenging transition towards sustainability and digitalisation.

Next week’s focus: Intertextile Shenzhen & Yarn Expo Shenzhen fuse textile tradition with sustainable, digital trends

Fashion will not be left behind in one of the world’s undisputed tech and manufacturing capitals. Which is why next week, at Intertextile Shenzhen Apparel Fabrics and Yarn Expo Shenzhen 2026, the organisers have made special efforts to integrate textile topics such as materials innovation, holistic sustainability, digitalisation and AI. Yet, from 9 – 11 June at the Shenzhen Convention and Exhibition Center, the platform also includes timeless tradition and heritage-inspired evolution in equal measure. Across both shows, over 600 exhibitors from 11 countries and regions are set to showcase everything from Peruvian alpaca wool fabrics to tea-derived fibres, while their fringe programmes will explore diverse solutions along the entire value chain.

STOLL: Agreement signed for the divestiture of selected assets

In early 2025, KARL MAYER announced its strategic decision to focus on its core business areas of WARP KNITTING, WARP PREPARATION, and TECHNICAL TEXTILES. As part of this move, the flat knitting machine business under the STOLL brand was discontinued and the production site in Reutlingen was closed in October 2025.

TERNAfil wins first place at PitchMiUp Night 2026 in Minden

The RWTH spin-off TERNAfil has developed MAXCarbon, a new high-performance hybrid fibre that combines the mechanical performance of carbon with the temperature and corrosion resistance of ceramic materials. For this development, TERNAfil was awarded first prize at the PitchMiUp Night in Minden on 21 May 2026.

Carbon-ceramic hybrid fibre proves its worth – NRW Minister for Science Mona Neubaur congratulates ITA start-up TERNAfil

MAXCarbon technology, a novel carbon-ceramic hybrid fibre developed by ITA spin-off TERNAfil, secured third place at the HIGH-TECH.NRW Demo Day on the TÜV NORD campus in Essen. The technology combines the strength of carbon fibres with the temperature and corrosion resistance of ceramic materials. Mona Neubaur, Minister for Science in North Rhine-Westphalia, congratulated the team on their success and on winning prize money of 4,000 euros.