Canada’s Roots goes private in Marquee deal to drive global growth

Marquee Brands will acquire Roots via JM&A, taking the Canadian lifestyle brand private while keeping its Toronto headquarters.
JM&A will run design, development, manufacturing, distribution, retail and e-commerce for menswear and womenswear in Canada and the US.
Shareholders are offered C$4.10 per share, a 36 per cent premium; vote is due in October 2026, with closing targeted for Q4 2026.

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Lenskart Large Trade: 2.6 per cent equity traded in a $300 million block deal; Softbank Vision likely seller

On Monday, Lenskart Solutions witnessed a noteworthy block deal, with speculation surrounding the SoftBank Vision Fund’s possible share divestment. The company’s impressive first-quarter results for FY27 showcased net profit soaring by 182.3% and a robust year-on-year revenue increase of 33.6%. Furthermore, enhanced product and EBITDA margins highlighted operational efficiencies. Brokerages, including Jefferies and Goldman Sachs, continue to express optimism regarding Lenskart’s stock performance.

Lenskart Large Trade: 2.6 per cent equity traded in a $300 million block deal; Softbank Vision likely seller Read More »

Argentina’s apparel imports surge 36% as liberalisation lowers prices

Argentina’s apparel import value rose 36.0 per cent year on year to $419.38 million in H1 2026, with volume at 28.45 million kg.
Lower clothing duties under Decree 236/2025, eased import controls, better foreign currency access and cross-border e-commerce boosted overseas sourcing.
T-shirts, jerseys and trousers grew faster than coats, while the average import price fell to $14.74 per kg.

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Senco Gold eyes 25 pc revenue growth to Rs 11,000 cr in FY27

This financial year, Senco Gold and Diamonds aims to achieve more than twenty-five percent revenue growth. The company intends to launch approximately twenty new stores by 2026-27, including both franchise and company-owned locations in tier II and III areas. By enhancing their presence in eastern and northern regions, Senco is making significant strides, although their overseas expansion efforts in Dubai are facing delays due to regional instability.

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Could Kenya become Egypt’s gateway to a wider African market?

Africa’s young, urbanising consumer base is creating sustained demand for apparel and footwear.
Egypt’s ECAHT has agreed to set up a logistics hub in Kenya to reduce freight costs, delivery times and distributor access barriers.
The hub will cover shipping, warehousing and insurance, with shipments due in September and targeted garment exports estimated to rise by at least 20 per cent.

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Japan’s apparel imports increase 10% in July 2026

Japan’s apparel and accessories imports rose 10.4 per cent year on year to 244,207 million yen (~$1.54 billion) in July 2026.
Textile yarn and fabric imports climbed 20.1 per cent, while exports rose 14.6 per cent and textile machinery exports 17.7 per cent.
First-half 2026 apparel imports increased 6.0 per cent; textile machinery outbound shipments grew 11.7 per cent to 160,129 million yen.

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Do Bangladesh’s apparel exports to the EU face a tougher road ahead?

Bangladesh’s apparel exports to the EU fell 16.43 per cent to €8.64 billion in January-June 2026, steepest amongst key suppliers.
EU apparel imports weakened, but lower unit prices kept Bangladesh’s higher volumes from raising value.
LDC graduation uncertainty, possible EU-India FTA gains, energy shortages and Chinese and Vietnamese marketing press suppliers on reliability and value addition.

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Campus Activewear appoints Rakesh Thakur as chief financial officer

The appointment comes as Campus Activewear continues to report growth in its business. In Q1 FY27, the company recorded revenue of Rs 385.2 crore, up 12.2 per cent year-on-year, while sales volumes increased 11.7 per cent to 57.1 million pairs. Profit after tax rose 17.7 per cent year-on-year to Rs 26.1 crore. The company said Women’s and Kids’ categories have emerged as key growth drivers during the quarter.

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