Rodinia’s €4 mn Portugal move: Is nearshore apparel ready to scale?

Rodinia Generation has raised €4 million (~$4.5 million) to scale O-factory technology at a Portugal facility planned for early 2027.
It says automation, on-demand manufacturing and shorter supply chains can cut landed costs for short-run fashion.
EU-27 textile and clothing imports are €122 billion, twice exports of €61 billion; around one-third of products sold in Europe are made in China.

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France’s Christian Dior appoints two independent board directors

Christian Dior has co-opted Tony Estanguet and Xavier Musca as independent directors, effective immediately, replacing Nicolas Bazire and Maria Luisa Loro Piana.
The appointments follow the Arnault family group’s proposed corporate-structure simplification, which would trigger a mandatory tender offer for Christian Dior shares without a squeeze-out.

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US’ Levi Strauss raises FY26 profit outlook after strong Q3

Levi Strauss & Co raised FY26 earnings and margin guidance after Q3 revenue rose 4 per cent to $1.61 billion, with operating income up 33 per cent to $222.3 million.
International and wholesale gains led growth; organic revenue rose 10 per cent in Asia and wholesale revenue 6 per cent.
Gross margin expanded 450 bps to 66.2 per cent on tariff refunds; adjusted EPS guidance rose to $1.54-1.56.

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Kalyan Jewellers Q2 revenue rises over 26 per cent, India business grows 27 per cent ahead of festive season

Kalyan Jewellers achieved a consolidated revenue growth of over 26 per cent in the second quarter of FY27. India operations led this growth with a 27 per cent increase and a 20 per cent rise in same-store sales. The lifestyle jewellery brand Candere also experienced significant growth, recording a 64% jump. Additionally, Kalyan opened new showrooms and plans to expand its regional brand, Akshaya Thanga Maligai, during the festive season.

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Egypt doubles EU apparel share as exports hit $2.53 bn

EU27 imports of Egyptian apparel reached $746.7 million in H1 2026, up 29.0 per cent, as Egypt’s extra-EU27 share more than doubled to 1.09 per cent from H1 2021.
Woven garments led growth, rising 37.9 per cent to $440.2 million, with Spain a key market at $119.1 million in January to May.
Investment in West Qantara, denim and Mahalla is deepening yarn, fabric and garment capacity.

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US splits $44 bn apparel market as China imports fall 31.5%

US HS61+62 apparel imports fell 8.3 per cent year on year to $44.06 billion in January-July 2026; China and India made up about 83 per cent of the net decline.
China plunged 31.5 per cent and India fell 25.3 per cent, while Vietnam, Cambodia and Indonesia strengthened positions.
Section 301 duties began on July 24, so TexPro shows pre-tariff repositioning rather than a tariff-led shift.

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Sky Gold acquires Purvi Gems for Rs 9 crore to expand lightweight and studded jewellery portfolio

Purvi Gems specialises in lightweight, uncut and precia jewellery, with demand across South India and export markets. Sky Gold expects the acquisition to add around 100 kg of potential monthly sales capacity and strengthen its exposure to higher-margin studded jewellery and export markets, particularly the Middle East.

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US luxury spending falls for third month as wealthy shoppers turn cautious ahead of midterms

US credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline leading up to the midterm elections. Analysts indicated that prolonged weakness in China and economic challenges affected luxury demand in the US. Spending on leather goods improved, while watches and jewellery saw further deterioration in sales.

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