Iconix Group, the owner of the Umbro brand, said it had decided to entrust Textiss with the French textile and footwear licence from 2026, describing the move as a natural progression that builds on the longstanding relationship between Iconix, Royer and Textiss.
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Carbios said it is allowing itself until the end of the first quarter of 2026 to secure the final tranche of private funding required to begin construction. As a result, the plant is now expected to become operational in the first half of 2028, around three years later than initially planned.
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Minister of State for Textiles Pabitra Margherita said that during August–September 2025, including the period following the temporary exemption of the 11% import duty, cotton imports from the US were aligned with the needs of the domestic industry.
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In her new role, Praveen will focus on enhancing sourcing capabilities, driving closer collaboration with suppliers and supporting Lacoste’s sourcing and product strategies across the Indian market.
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In his new role, Aundhkaar will be responsible for strengthening sourcing strategies, deepening supplier partnerships and improving operational efficiencies to support Benetton India’s growth plans and sourcing capabilities in the country.
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In July, Decathlon said it plans to significantly scale up sourcing from India for its global operations, targeting US $ 3 billion by 2030. The company indicated that the expansion would focus on high-potential categories such as footwear, fitness equipment and technical textiles.
