$3.1 bn lost; inside the shift at 30 US fashion companies

TexPro shows US HS 61 and HS 62 imports fell 7.77 per cent year on year to about $36.90 billion in January-June 2026.
China and India lost nearly $2.98 billion, while gains by Vietnam, Cambodia and Indonesia totalled only about $407 million.
USFIA respondents sourced from 49 countries, but 47.4 per cent expect to use fewer suppliers as tariff risk reshapes sourcing.

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US apparel sourcing could shift to fewer, bigger strategic vendors

US fashion companies sourced apparel from 49 countries in 2026, up from 46 in 2025, but only 21.1 per cent expect to add countries.
TexPro says US HS 61 and 62 apparel imports fell 7.77 per cent to $36.90 billion in H1 2026.
Some 47.4 per cent plan fewer suppliers as buyers seek stronger vendors with traceability, compliance, speed and multi-country options.

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Retailers keep price hikes in check amid rising input costs: Nuvama

Indian retailers are limiting price hikes despite volatile cotton, yarn and fabric costs and geopolitical supply-chain risks. Companies are adjusting sourcing, building safety stocks and selectively absorbing costs to protect demand. Value retail and electronics remain strong, while festive demand is expected to support growth after a softer second quarter.

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SoftBank pares nearly 2.6 per cent stake in Lenskart for Rs 2,888 crore

SoftBank Group has sold a 2.6% stake in Lenskart for Rs 2,888 crore. This transaction reduced SoftBank’s holding to 7.28% from 9.86%. Abu Dhabi Investment Authority’s Platinum Jasmine Trust remains Lenskart’s largest public shareholder. Many institutional investors, both domestic and foreign, participated in the block deal. Lenskart Solutions shares closed slightly lower on the BSE after the transaction.

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Gold touches highest level since mid-May as buying momentum builds

Gold prices experienced an uptick on Tuesday, fueled by news of Treasury buybacks. The market’s focus is now on significant U.S. inflation data and a forthcoming address from the Fed Chair. Analysts are eager for indications regarding interest rates and bond yields. Citi has upgraded its gold price projections, suggesting a likely easing of geopolitical tensions and a decline in real interest rates.

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Sweden’s apparel imports fall as China strengthens market share

Sweden’s apparel imports fell 2.6 per cent year on year to $2.422 billion in H1 2026, but Asian suppliers strengthened their position.
China’s shipments rose 5.8 per cent to $447.859 million, lifting its share to 18.48 per cent, while Bangladesh retained second place.
Denmark, Germany and Poland posted double-digit declines; cotton and trousers and shorts led fibre and product categories.

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Can Bangladesh’s $38.7 bn RMG sector withstand 100+ mill shutdown

More than 100 textile factories in Narsingdi have stopped or severely curtailed production, while BTMA says over 900 member mills nationwide are shut.
TexPro data shows China supplied 89.5 per cent of Bangladesh’s selected knitted-fabric imports in January–May 2026.
RMG exports reached $38.70 billion in FY2025-26, but August outages may test lead times and local value addition.

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Australia’s City Chic’s FY26 EBITDA surges 92% on margin

City Chic Collective’s FY26 underlying EBITDA rose 92 per cent to A$12.3 million, while trading margin reached 60.6 per cent.
ANZ revenue grew 7.6 per cent, but US sales fell as tariff uncertainty prompted lower purchasing and pressured partner sales.
FY27 starts with stronger ANZ stores and improving US momentum, backed by lower costs, leaner inventory and undrawn debt capacity.

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Egypt’s apparel boom faces a new test: Can growth diversify?

Egypt’s apparel exports rose 15 per cent to $1.775 billion in H1 2026, with June shipments up 47 per cent year on year to $355 million.
The US and Europe added $229 million, slightly more than the sector’s total $227 million gain, while other destinations were slightly negative.
AEC targets up to $4 billion in 2026 as new textile and apparel capacity tests whether growth can diversify.

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Lalithaa Jewellery Mart shares shine on debut, list at 32 per cent premium over IPO price

Lalithaa Jewellery Mart Share Price: Lalithaa Jewellery Mart made a remarkable entrance on Monday, entering the stock market with a strong premium listing. The initial public offering attracted significant interest from investors in all sectors. The funds raised are earmarked for retail growth and stock acquisitions for new locations. The company showcased impressive financial results in the last fiscal year while operating 61 stores predominantly in southern India.

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