Textiles

The Braga-based textile company Anglotex is to invest €3 million to double its production capacity. With a turnover of close to €40 million and more than 200 staff, the company works with large [...]

The Spanish textile company Nextil (formerly Dogi) is to invest in Portugal by acquiring three Portuguese textile companies. The group from Catalonia, which produces in Guatemala, Portugal, US, [...]

Coindu, a Portuguese company that has produced upholstery for the automotive industry in Arcos de Valdevez near Viana do Castelo (now closed) and Joana near Vila Nova de Famalicão (Braga) has [...]

Profits posted by Portuguese textile company Riopele were up 15.7% to €5 million for 2024 compared to 2023 with consolidated sales increasing 1% to €98.5 million according to the news agency [...]

Portugal’s textile company TMG – Acabamantos Têxteis (TMG Group), the UK’s RTS Textiles Ltd (RTS) and Pakistan’s Sapphire Textile Mills (STM) have merged in a “strategic merger” under the [...]

Bankruptcies in Portugal’s fashion and textile sector doubled in Q1 of 2024 as the country’s garment and shoe manufacturers are being held hostage to negative geopolitical and overseas commercial [...]

The Portuguese Association of Textiles and Clothing (ATP) says exports of clothing and textiles fell by 2.1% in October to €482 million, but increased in volume by 0.6% like-for-like on 2022 to a [...]

2022 is on target to be a record year in exports for Portugal’s clothing and textile industry. The volume of exports is expected to be a record €6Bn, well above the last record achieved in 2021 [...]

Exports of Portuguese textiles and clothing is on target to hit €6Bn by the end of 2022. This compared to €5.4Bn (which was a record in itself) that was achieved at the end of 2022. “We are [...]

Tourism revenues in Portugal soared 157% in June, overtaking revenues made that month in 2019. The sector registered 2.7 million guests in June, raking in €545.4 million — the equivalent of an [...]