VF Corporation has closed its $600 million sale of the Dickies brand to Bluestar Alliance.
The deal follows an earlier agreement for the iconic workwear and streetwear label, which operates in 55 countries.
Bluestar CEO Joseph Gabbay praised Dickies’ strong legacy, while VF CEO Bracken Darrell said the brand has a bright future and strong growth potential under its new ownership.

Columbia Sportswear has appointed Peter J Bragdon and Joseph P Boyle as co-presidents from November 12, 2025, as part of its succession planning.
Bragdon will lead international operations and multiple brands, while Boyle continues heading the Columbia brand.
Both will report to chairman and CEO Timothy P Boyle as the company focuses on renewed growth.

India’s textile exports showed strong growth in the first half of the financial year. Shipments to 111 countries increased by 10 percent. This performance highlights the sector’s resilience. Key markets like the UAE and Japan saw significant gains. Ready-Made Garments and Jute sectors were major contributors. This expansion supports government initiatives for export diversification.

Spot gold was up 0.4% at $4,215.87 per ounce, as of 0407 GMT, hitting its highest since October 21. U.S. gold futures for December delivery rose 0.2% to $4,219.90 per ounce. “The prospect of weak economic data following the U.S. government shutdown helped push gold higher. This is likely to be supported by ongoing demand from central banks,” analysts at ANZ said in a note.

Burberry said Thursday it narrowed losses in its first half thanks to the British luxury fashion label’s turnaround plan begun a year ago. Nevertheless, the group announced Thursday that sales fell five percent to £1.0 billion in its first half. bcp/ajb/jh

CITI has welcomed the Union Cabinet’s approval of the Export Promotion Mission, calling it a major boost for the textile and apparel (T&A) sector.
Chairman Ashwin Chandran said it will enhance global competitiveness, support MSMEs, and create jobs.
The move follows a 50 per cent US tariff that hit exports, which fell over 10 per cent in September 2025.

Senco Gold achieved a record festive season in October 2025, with over Rs 1,700 crore in monthly retail sales, a 56% year-on-year surge for Dhanteras. This strong performance, despite record gold prices, contributed to a 25% year-to-date retail growth, marking a new milestone for the company.

Fashion retailer Cantabil Retail India Ltd aims for Rs 1,000 crore revenue by FY27, driven by aggressive expansion in Tier 2, 3 cities and a tech-driven supply chain. Favorable GST 2.0 changes have boosted consumption and strengthened consumer trust, contributing to a 20% year-on-year growth target.

The Agreement on Reciprocal Trade grants Cambodian garments, footwear, and travel goods unprecedented access to the US market, making Cambodia the only ASEAN nation to enjoy full tariff-free status.
The deal positions Cambodia as Washington’s most favoured regional partner.
With the tariff advantage offering a gateway to the US, Chinese manufacturers are reportedly investing increasingly in Cambodia.

Sri Lanka’s garment exports rose 6.7 per cent year-on-year to $3.71 billion during January–September 2025, driven by stronger demand from Western markets and stabilising global retail activity.
Textile exports eased slightly, while other manufactured textile articles grew by over 10 per cent.
Imports of clothing and accessories surged 31.3 per cent.