What NUEVA EXPRESION TEXTIL does

Nueva Expresión Textil, S.A. operates publicly on the BME under the trade name Nextil Group and is a vertically integrated European textile and garment manufacturer headquartered in Madrid with production centers in Spain (El Masnou, Mataró, Parets del Vallès, Argentona), Portugal and the United States. The group traces its origin to the 1954 founding of Dogi in El Masnou and was rebranded as Nextil Group in 2018 after consolidating multiple specialty textile companies (SICI93, Playvest, Greendyes, EFA, RITEX, QTT, TREISS, Anna Llop, Dogi Spain, Generos de Punto Treiss). It serves five end markets — luxury fashion, sports/activewear, swimwear, intimate/shapewear and medical — through five divisions and a single corporate sales front.

Its technical platform spans yarn procurement, circular knitting up to 44 gauges, warp knitting (raschel, ketten, simplex), the patented Greendyes™ chemistry (70% water, 90% energy and 90% time reduction versus conventional dyeing, applicable to natural, synthetic, biosynthetic and recycled fibers), and finished garment production combining seamless knitting with cut & sew. Differentiated product lines include P&H Shields antimicrobial medical fabrics, the Play the Best seamless sports platform developed with two European universities, and exclusive fabric collections certified under LYCRA® MyFit™ and LYCRA SPORT Technology via partnership with The Lycra Company. The portfolio is supported by an unusually deep certification stack — GOTS, GRS, OCS, RCS, OEKO-TEX Standard 100 and STeP, Better Cotton, ZDHC Roadmap to Zero, ISO 9001/14001/45001, Sedex SMETA and Clean Chain — which together function as a qualifying credential for premium and European fashion buyers.

The business model is B2B, quote-based, with no publicly disclosed pricing and no direct-to-consumer channel. Revenue is generated from two streams: sale of technical fabrics (intimate, medical, sports, swimwear, luxury, elastic; jacquards, mesh, rib, lurex, simplex, spacer, etc.) and full-service garment manufacturing (luxury production, seamless, cut & sew, medical) covering R&D, design, prototyping, pattern cutting, production and logistics. Department-specific contact funnels (Luxury, Sports, Intimate USA, Intimate EU, Swimwear, Medical, Investor Relations) indicate named-account enterprise sales. The company is publicly traded on BME (ticker NXT) with confirmed executive leadership under CEO Alfredo Tabernero and has issued a 2026-2030 Strategic Growth and Expansion Plan, alongside a 2023-2024 board refresh led by dominant-shareholder and independent councilor appointments.

Name

NUEVA EXPRESION TEXTIL

Legal name

NUEVA EXPRESION TEXTIL, S.A.

Website

https://nextil.com

Company type

Public

Founded year

1954

Operating status

Operating

Headcount range

11–50 employees

Short description

Nueva Expresión Textil (Nextil Group) is a publicly traded, vertically integrated European textile and garment manufacturer producing fabrics and finished apparel for international luxury, sportswear, swimwear, intimate, and medical brands across facilities in Spain, Portugal, and the USA.

Ownership category

akta.pro rank

Product category

Technical Textile and Garment Manufacturing

NAICS

Knit Fabric Mills (313240), Apparel Knitting Mills (3151), Cut and Sew Apparel Manufacturing (except Contractors) (31525), All Other Textile Product Mills (31499)

SIC

Knitting Mills (2250), Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300), Knit Outerwear Mills (2253)

akta.pro primary industry

Textiles, Fabrics, Trims & Components Suppliers (CRAAAAAL)

akta.pro secondary industries

Knitwear & Sweaters Manufacturers (CRAAAAAJ), Technical Fabric Mills (Performance/Protective/Medical Substrates) (IMAOABAH), Medical & Hygiene Technical Textiles (Gauze/Drapes/Wipes/Barrier Fabrics) (IMAOADAD), Luxury & Couture / Small-Batch Cut & Sew (IMAOAEAL)

Keywords

• Technical textile manufacturing
• Seamless garment production
• Luxury apparel manufacturing
• Sustainable fabric dyeing
• Circular knitting fabrics

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Fabric Sales: Manufacture and sale of technical fabrics including intimate, medical, technical sports, swimwear, luxury, and elastic fabrics. Fabrics include jacquards, mesh knit, rib, crumpled fabric, lurex, stripes, simplex, and spacer.
2. Garment Production: Full-service garment manufacturing including luxury clothing production, seamless garments, cut & sew production, and medical garments. Services span from R&D and design to prototyping, pattern cutting, production, and logistics delivery.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

NEXTIL GROUP manufactures technical fabrics and finished garments on a vertically integrated basis — from yarn procurement through circular and warp knitting, proprietary Greendyes™ sustainable dyeing, and full garment assembly (seamless and cut & sew). The company serves five specialized divisions: Luxury, Sports, Swimwear, Intimate & Shapewear, and Medical, delivering fabrics and garments to international fashion and healthcare brands globally.

Product overview

Nextil Group is a vertically integrated textile and garment manufacturer with operations spanning the complete production chain from yarn purchase to finished garment delivery. The company operates through five specialized divisions: Luxury (high fashion apparel), Sports (seamless and compression garments), Swimwear, Intimate & Shapewear, and Medical. Their portfolio includes proprietary technologies Greendyes™ (sustainable dyeing), Play the Best (sports fabrics), and P&H Shields (medical protective fabrics), along with partnerships for LYCRA® technologies. The group operates manufacturing facilities in Portugal, Barcelona (Spain), and the United States.

Differentiator

Problem solved

Functional benefit

Brands

• Greendyes: Proprietary patented sustainable dyeing technique that is 100% natural and organic, achieving up to 70% less water, 90% less energy, and 90% less time compared to conventional dyeing.
• Play the Best
• P&H Shield
• SICI
• Playvest
• EFA
• Dogi
• RITEX
• QTT (Qualitat Tècnica Tèxtil)
• TREISS

Products and services

• Luxury Garment Production (Luxury Division) Specialized luxury garment production for international luxury fashion brands requiring high technique, precision, and meticulous finishing — covering creativity, innovation, and accuracy from R&D through prototyping, pattern cutting, production, and delivery.
• Sportswear Garment and Fabric Production (Sports Division) Production of seamless and compression sportswear fabrics and finished activewear, yogawear, and technical performance garments for sportswear brands across all athletic levels.
• Swimwear Fabric and Garment Production (Swimwear Division) Design and manufacture of plain and patterned swimwear fabrics with specialized machinery and comprehensive quality controls to ensure correct fabric performance under water, following the latest swimwear trends.
• Intimate Apparel and Shapewear Fabrics and Garments (Intimate Division) Development of technical lingerie and shapewear fabrics and garments with specific compression properties, leveraging years of intimate fabric expertise.
• Medical Compression Fabrics and Garments (Medical Division) Technical medical compression fabrics and garments with antibacterial and hypoallergenic properties, balancing support and comfort for medical applications including orthopaedic and postural correction and recovery.
• Sustainable Dyeing Services (Greendyes™) Industrial dyeing service using the proprietary Greendyes™ process applicable to natural cellulose, synthetic cellulose, biosynthetic cellulose, protein, and recycled (Seaqual polyester, Q-Nova polyamide) fibers, delivering sustainability benefits to fashion and textile brands.
• Seamless Garments Production Seamless garment manufacturing using specialized circular knitting machines to produce comfortable, resistant garments that adapt perfectly to the body, applied across the sports, intimate, and medical divisions.
• Cut & Sew Garment Production Traditional cut & sew garment manufacturing service combined with seamless production capability, used to deliver finished apparel across the group's divisions.
• Technical Fabric Manufacturing Manufacture and sale of technical fabrics including intimate, medical, technical sports, swimwear, luxury, and elastic fabric ranges produced via circular and warp knitting for sale to fashion and apparel brands.

Quantifiable outcome

• 70% water reduction and 90% energy/time reduction in dyeing with Greendyes™ technology
• +3 more outcomes

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• The Lycra CompanycoreTechnology or IntegrationExclusive collaboration for LYCRA® MyFit™ fabric technology (advanced stretch fiber for custom fit in sportswear and lingerie) and LYCRA SPORT Technology certification for sports fabric collection with strength, comfort, and energy indices.
• European Universities (Research Partners)supportingStrategic or Co-development PartnerTwo prestigious European universities provide academic backing and research support for the Play the Best project developing sports fabrics and technical garments for elite sports.
• Better CottonsupportingStrategic or Co-development PartnerGlobal non-profit cotton sustainability programme. Nextil Group supports better cotton production for people who produce it, for the environment, and for the future of the sector.
• ZDHC (Zero Discharge of Hazardous Chemicals)supportingStrategic or Co-development PartnerZDHC Roadmap to Zero initiative. Nextil Group implements best sustainable chemical management practices throughout the value chain as part of this initiative.
• SedexsupportingStrategic or Co-development PartnerOne of the world's leading ethical trade organisations. Sedex works with companies to improve working conditions in global supply chains through SMETA audits.
• Clean ChainsupportingTechnology or IntegrationApplication that automates complex tasks of monitoring, management and notification of compliance with Manufacturing Restricted Substances Lists (MRSL) and Restricted Substances Lists (RSL).

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Riopele: Portuguese vertically integrated textile manufacturer producing fabrics and garments for fashion brands across Europe. Closely comparable on Iberian footprint, vertical integration (yarn-to-garment), and customer overlap with European luxury and sportswear brands.
• Eurojersey: Italian warp-knit fabric producer specializing in technical and sportswear fabrics (Sensitive® Fabrics line). Direct overlap with Nextil's warp knitting (raschel/ketten) and sports division, serving similar activewear and intimate-apparel customers.
• Carvico: Italian circular-knit fabric mill serving swimwear, sportswear, and intimate apparel brands. Highly comparable to Nextil's swimwear and sports divisions on circular knitting technology, fabric range, and customer profile.
• Jersey Lomellina: Italian premium circular-knit fabric producer for beachwear, sportswear, and intimate apparel. Directly competes with Nextil on high-gauge circular knitting, premium fabric positioning, and overlap with swimwear/intimate customers.
• Brugnoli Giovanni: Italian circular-knit fabric manufacturer with strong presence in sportswear, intimate apparel, and technical fabrics. Comparable on circular knitting range (gauges 28-44), seamless technology, and European premium brand customer base.
• Tessitura Carlo Riva: Italian high-end jacquard and woven fabric maker serving luxury fashion houses. Directly comparable to Nextil's luxury division (SICI93) on premium garment production, craftsmanship focus, and luxury customer base.
• Miroglio Textile: Italian vertically integrated textile group producing fabrics and finished garments for fashion brands. Comparable on vertical integration (fabric-to-garment), European production footprint, and multi-division structure serving fashion customers.

Regional players

• Selenis: Portuguese specialty yarn producer serving textile manufacturers globally. Adjacent/comparable as Iberian textile supply-chain partner with overlap in circular knit and warp knit customer base; complementary rather than directly competing in garments.

Broad incumbents

• Loro Piana: Italian luxury textile and apparel brand (now owned by LVMH) producing premium fabrics and garments. Comparable on luxury fabric expertise and high-end customer overlap, but operates as a brand rather than a B2B contract manufacturer like Nextil.
• Toray Industries: Global Japanese textile and materials conglomerate with sportswear, intimate apparel, and technical textile divisions. Comparable on technical fabric R&D, sportswear customer overlap (LYCRA-blend products), and medical/industrial textile adjacencies; much larger and broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nueva-expresion-textil-sa
• Instagraminstagram.com/nextilgroup

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries11 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NUEVA EXPRESION TEXTIL