Hong Kong’s apparel imports fell 2.6 per cent year on year to $2.959 billion in January-June 2026, TexPro data shows.
Imports from Italy rose 2.8 per cent to $717.820 million, lifting its share to 24.25 per cent as demand for premium and luxury clothing stayed resilient.
China remained the largest supplier at $1.238 billion, while Vietnam rose 6.9 per cent and France surged 28.0 per cent.

India has set an ambitious target of reaching USD 100 billion in gems and jewellery exports by 2040. Achieving this goal hinges on innovative practices, exceptional design leadership, and substantial value addition. A collaborative effort between government bodies and industry leaders aims to transform this sector, with a focus on enhancing human capital and embracing cutting-edge technologies to establish India as a global leader in design-driven jewellery.

India needs to boost gold recycling to decrease reliance on imports. A more appealing gold monetization scheme could unlock significant household stocks. This initiative would also help utilize underused refining capacity across the nation. Increased recycling can lessen pressure on the current-account deficit by substituting imports. The country’s next gold story should focus on efficient and responsible domestic monetization.

Puma India is focusing on premium products and key sports categories for growth. The company is shifting away from discounted business and closing some stores. Running, hybrid fitness, and team sports are now central to Puma’s strategy. Puma aims to offer global products simultaneously in India and other markets. Increased local manufacturing is also a significant part of their current operations.

Bangladesh is 97 days from scheduled LDC graduation, while a UN panel has recommended extending the date to 2029.
EU EBA preferences continue for three years after graduation, before clothing tariffs of roughly 9.6 to 12 per cent apply.
TexPro data show EU27 apparel imports from Bangladesh fell 7.43 per cent to $12.19 billion in January-May 2026, cutting its share to 28.95 per cent.

Amer Sports, the US-based premium sports and outdoor group, delivered robust second-quarter FY26 results with revenue up 32 per cent YoY to $1.63 billion, outpacing guidance and driven by strong growth across all segments and regions.
Net income attributable to equity holders soared 489 per cent to $107 million, while adjusted operating margin expanded to 12.8 per cent.

Five Chinese names in Brand Finance Apparel 50 2026 are valued at a combined $15.2 billion, up 27 per cent year-on-year.
Bosideng is the world’s fastest-growing apparel brand, rising 21 per cent to $2.5 billion.
Li Ning enters at $1.7 billion, offering sourcing and retail teams a signal of stronger Chinese sportswear visibility.

The brand follows a vertically integrated “farm-to-finger” model, growing and cutting its own Type IIa lab-grown diamonds and developing proprietary hollow-gold technology. It also holds four patented diamond cuts, including the 108-facet Shristi Ratna™.

US apparel prices rose 3.9 per cent year on year in July, while apparel-manufacturing employment fell 9.1 per cent to 71,800.
TexPro says HS61-62 imports dropped 9.1 per cent to $30.25 billion in January-May 2026, with China losing $2.20 billion.
ASEAN-10 suppliers gained share as Vietnam, Cambodia and Indonesia grew; rerouting is more visible than reshoring.

UK apparel imports reached $8.16 billion in January-May 2026, up 1.7 per cent, with Bangladesh at $1.94 billion and China at $1.70 billion.
Bangladesh’s lead widened to $242.1 million from $34.6 million a year earlier, while Vietnam and Cambodia also rose.
The UK rejected a simplified tariff schedule and confirmed a low-value import fee, making origin and classification more important.