US imported 49,455.630 million SME of textiles and apparel in January–June 2025, up 5.88 per cent year on year, with apparel imports rising 4.31 per cent and textiles 6.40 per cent, OTEXA data shows.
Cotton product imports grew 4.81 per cent, while MMF products rose 6.25 per cent.
Exports inched up 1.21 per cent to 1,083.793 million kg, despite declines in fabric and yarn shipments.

India’s gem and jewellery exports witnessed a significant surge in July. Exports increased by 15.98% compared to the previous year. The Gem and Jewellery Export Promotion Council reported the total export value at $2,178.24 million. Robust order bookings and a rebound in the Hong Kong market fueled this growth.

BlueStone Jewellery and Lifestyle’s Rs 1,540.65-crore IPO was subscribed 2.70 times on Wednesday, the final day of bidding. The IPO saw strong interest from QIBs and retail investors, while non-institutional investors showed moderate interest. The company plans to use the fresh issue proceeds for working capital and general corporate purposes, aiming to further expand its retail presence across India.

Brand expects 50 per cent fall in operating income year-on-year.
Goods sourced from Indonesia and Vietnam become problematic.
Stock reduction remains core to turnaround strategy.
Tariffs hit brands with outsourcing differently, says CEO.
Q1 revenue fell 4 per cent to $1.1 bn, while Q2 sales are projected to drop 6–7 per cent, with EPS far below forecasts.

Softwear Automation, creator of autonomous ‘Sewbots’, secured $20 million in Series B1 funding led by Danish fashion group Bestseller via its Invest FWD platform.
The investment will accelerate T-shirt sewing tech completion, scale production, and enhance R&D, supporting on-demand, localised garment manufacturing and addressing industry needs for speed, flexibility, and lower environmental impact.

Experts caution about UK buyers’ stringent compliance and sustainability requirements.
The UK’s proposed CBAM, to be initially applied only to carbon-intensive sectors, when it takes effect from January 1, 2027, is widely expected to bring the textile industry under its purview eventually.
If CBAM impacts Indian exports in the future, India will retain the right to formally take up the issue.

Gildan Activewear will acquire HanesBrands in a $4.4 billion deal, doubling Gildan’s revenues and expanding into iconic innerwear brands.
HanesBrands shareholders will get cash and shares, holding 19.9 per cent post-close.
The merger targets $200 million in cost synergies within three years, with over 20 per cent EPS accretion.
Headquarters will remain in Montreal.

Bangladesh Export Processing Zones Authority (BEPZA) and Kaixi Garments Bangladesh Ltd have signed a $40.05 million deal to set up an intimate garment’s facility in BEPZA EZ, creating 3,003 jobs.
The group’s first project began in 2024, employing 3,700 workers.
BEPZA EZ has attracted over $1 billion in investments from 45 companies, with four in production.

Dollar Industries Ltd has reported strong Q1 FY26 results, with PAT up 39.3 per cent YoY to ₹2,132 lakh (~$2.43 million) and operating income rising 19.6 per cent to ₹39,913 lakh (~$45.53 million).
Growth was driven by higher volumes, strong margins, and robust performance in modern trade, e-commerce, and quick commerce.
The Force NXT brand also recorded significant gains in value and volume.

Bangladesh’s ready-made garment exports rose 24.67 per cent year-on-year to $3.962 billion in July 2025, driven by strong growth in knitwear and woven apparel shipments.
Knitwear exports grew 26.01 per cent to $2.178 billion, while woven apparel rose 23.08 per cent to $1.783 billion.
Home textiles also increased 13.24 per cent.
Apparel and textiles accounted for 84.48 per cent of total exports.