The Government Institute of Leather and Footwear Technology in India’s Punjab state recently signed an MoU with Meerut-based MSME Process and Product Development Centre to open an extension centre of the latter in Jalandhar.
The planned centre would offer facilities for testing, training, skill development and research to meet evolving global standards.

Young buyers are flocking to gold and silver coins. Small gold coins, even under a gram, are becoming popular. Silver coins are also seeing increased demand. This trend is boosting production. Despite higher prices, young investors see these metals as a valuable asset. Physical gold and silver offer easy accumulation and liquidation.

According to the latest quarterly updates, the Tata Group firm said its jewellery division, which contributed around 85 per cent of its business, “clocked a robust 41 per cent YoY growth in Q3FY26”.

Trent’s shares plummeted over 8% on Tuesday, marking their steepest single-day fall in six months, following a disappointing third-quarter business update. Analysts cited a failure to meet revenue growth expectations and rich valuations as key concerns, suggesting investors might reduce their exposure to the stock.

Bangladesh’s RMG exports edged up 0.09 per cent year on year to $16.131 billion during July–November, supported by growth in woven apparel and home textiles.
Knitwear exports declined slightly, while cotton and cotton product shipments fell sharply amid weaker global prices and softer regional demand.
November exports, however, recorded broad-based declines across garments and home textiles.

The Philippine manufacturing producer price index (PPI) posted a slower YoY rise of 0.1 per cent in November 2025 from a 0.5-per cent YoY rise in October.
It also exhibited a slower month-on-month (MoM) rise of 0.2 per cent in the month from a 0.6-per cent rise in October.
The PPI for readymade garments manufacturing rose by 0.7 per cent YoY and decreased by less than 0.05 per cent MoM in November 2025.

Turkiye’s CPI increased by 30.89 per cent YoY and 0.89 per cent month on month (MoM) in December 2025, according to the Turkish Statistical Institute.
It increased by 30.89 per cent on the December 2024 figure and on a twelve-months moving averages basis, it rose by 34.88 per cent in the month.
The clothing-footwear CPI rose by 6.5 per cent YoY and decreased by 2.94 per cent MoM in the month.

Trent Limited, the retail arm of Tata group, has announced strong financial results. The company’s standalone revenue saw a 17 percent increase in the third quarter, reaching Rs 5,220 crore. This growth reflects successful expansion with new store openings for its popular brands, Westside and Zudio.

South Korea’s apparel imports from China rose in January–October 2025, lifting China’s market share despite a slight dip in overall imports.
China also gained share in yarn and fabric imports as sourcing from other suppliers declined.
By contrast, South Korea’s exports of fabrics and yarns to China weakened, reinforcing a structural imbalance in bilateral textile and apparel trade.

CaratLane has appointed Jigar Vyas as its new Chief Financial Officer. Vyas brings over 16 years of experience to the role. He will oversee financial strategy and governance. This appointment supports CaratLane’s expansion plans. Vyas aims to strengthen financial foundations for disciplined growth. The company is scaling its omni-channel jewellery business in India.