Myanmar garment closures: Is responsible exit now a buyer risk?

Myanmar’s garment closures are turning human-rights due diligence into a commercial and reputational risk for buyers still sourcing from the country.
Teng Hui in Yangon is preparing a temporary suspension after reduced orders, with 2,355 of 2,610 workers seeking transfers.
Japan’s Myanmar imports rose to $1.68 billion in 2025, with clothing and accessories at 78.5 per cent.

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India’s garment exports fell $575 mn. What went wrong?

India’s garment exports fell 10.38 per cent to $4.967 billion in April–July 2026, a $575.49-million loss, while yarn-and-thread exports rose 17.15 per cent to $1.846 billion.
The US drove 69 per cent of the net fall, with exports there down 21.41 per cent to $1.466 billion.
Recovery needs stronger volumes, market share, factory utilisation and jobs, not just a less severe contraction.

India’s garment exports fell $575 mn. What went wrong? Read More »

PNG Jewellers Q2 revenue grows 22.4 per cent, targets 23 new stores in FY27

The company opened two stores during the quarter, including a Legacy-format outlet in Gurugram and a YOOU store at Amanora Mall in Pune. Its total store count stood at 80 as of September 30, comprising 79 stores in India and one in the US. The company also transitioned its LiteStyle brand to YOOU, focusing on contemporary and lightweight jewellery.

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DailyObjects raises Rs 332 crore in Series C, plans 150 stores over five years

The company will also invest in design, materials, product quality and in-house R&D across its existing categories, which include technology accessories, carry products and workspace essentials. International expansion remains at the evaluation stage, with the company exploring potential markets and considering more concrete steps from the next financial year.

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Australia’s apparel imports decline to $1.47 bn in July-Aug 2026

Australia’s apparel imports fell 3.37 per cent to Au$2.118 billion (~$1.48 billion) in July-August 2026, while imports of textile yarn, fabrics and made-up articles declined 3.40 per cent to Au$767 million.
Fibre imports rose slightly to Au$23 million, but textile fibre exports eased 14.44 per cent to Au$1.155 billion and cotton exports fell 17.70 per cent in August.
ABS data showed mixed trade.

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Bangladesh-Russia apparel trade falls 61.5%: Who takes the orders?

Bangladesh’s direct RMG exports to Russia fell 61.5 per cent from FY2020-21 to FY2025-26, with July-August FY2026-27 shipments down 33.95 per cent year on year.
TexPro shows China, Türkiye, Italy and India recovered after 2022, shipping $4.71 billion in 2025, 9.2 per cent above 2021.
Payment bans and unsettled routes remain the main constraint for exporters.

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