Titan’s big wager on the premiumisation boom now rests on watches priced above ₹25,000

Titan is significantly increasing its focus on premium watches. The company anticipates that timepieces priced above Rs 25,000 will soon account for nearly a quarter of its total revenue. This strategic shift is supported by the rapid growth of its premium retail formats, Helios and Helios Luxe.

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South Korea’s apparel imports rebound in April, reach $4.05 bn

South Korea’s apparel imports rose 1.15 per cent year on year to $4.05 billion in January-April 2026, supported by a 4.4 per cent increase in April that reversed recent weakness.
Knitwear imports outperformed woven garments, while exports of man-made filaments and knitted fabrics declined amid weaker global demand and growing competition from lower-cost textile-producing countries.

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The invisible tariff: Compliance is now apparel’s toughest border

Tariffs are no longer the only trade barrier, as proof of origin, traceability, labour compliance and sustainability data increasingly determine market access.
EU DPP, EPR and parcel rules, alongside stricter US forced-labour scrutiny, are turning compliance into a competitive advantage.
Exporters able to scale trusted data systems may gain stronger buyer confidence and sourcing preference.

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Cotton prices down 3% on import duty suspension, may slide more

India has suspended its 11% import duty on cotton until October. This move has immediately reversed the recent rally in cotton prices, with both bales and yarn seeing a drop. Industry insiders expect further price decreases in the coming days. This decision aims to ease prices, prevent hoarding, and boost the competitiveness of Indian textile exports.

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Turkiye’s apparel export decline moderated in January-April 2026

Türkiye’s apparel exports declined 1.98 per cent year on year to $5.192 billion in January–April 2026 due to weak demand in Europe and rising competition from lower-cost Asian suppliers including Bangladesh, Vietnam and Pakistan.
However, exports rebounded sharply in April, rising 16.2 per cent on the back of seasonal orders and European restocking demand.

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Evolving sourcing dynamics and the Vietnam-Bangladesh rivalry

While China continues to dominate global apparel exports, competition between Bangladesh and Vietnam is intensifying amid shifting sourcing trends.
Bangladesh retains strength in low-cost, large-scale garment manufacturing, while Vietnam benefits from diversified products, faster logistics, stronger FTAs and quicker raw material access, strengthening its position in higher-value apparel exports.

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