Luxury sees double-digit uptick as shoppers get more to spend

Luxury brands anticipate significant sales growth this festive season. A longer wedding season and India-specific collections are driving this surge. GST rate cuts are also expected to boost consumer spending. DLF Retail forecasts double-digit growth for luxury brands in its malls. Brands like Gucci and Louis Vuitton are focusing on the Indian wedding market.

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Dressing for the final frontier

Private companies are reshaping space travel.
Prada’s mastery of advanced fabrics and precision sewing inform tomorrow’s spacesuit.
It reflects a shift towards cross-industry collaboration, proving innovation in space is still stitched from textiles.
Kevlar and Nomex became icons of astronaut safety in the 1960s, protecting crews from micrometeorites, fire and atmospheric extremes.

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Bangladesh Bank releases $72.77 mn in export proceeds to clear wages

The Bangladesh Bank recently released $72.77 million in export proceeds through two crisis-hit banks—Exim bank and SIBL—allowing nearly 250 garment units to pay wages and allowances to its staff for August and September.
Five troubled banks had been unable to disburse export earnings due to severe liquidity shortage, the Bangladesh Garment Manufacturers and Exporters Association said.

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Bangladesh’s RMG exports rise 9.6% to $7.1 bn in July-Aug 2025

Bangladesh’s RMG exports increased 9.63 per cent to $7.13 billion in July–August 2025, with woven apparel (up 10.28 per cent) slightly outpacing knitwear (up 9.11 per cent).
Home textile shipments rose 12.68 per cent to $139.02 million, while cotton and cotton products edged up 1.70 per cent.
RMG exports in August fell 4.75 per cent year-on-year.

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TechnoSport expands offline footprint in Central India, targets eight-more by FY-end

TechnoSport has inaugurated its first exclusive brand outlet in Raipur. This marks the company’s 18th store nationwide. TechnoSport plans to launch eight more outlets in Central India by the end of this fiscal year. The company’s EBO business has witnessed substantial year-on-year revenue growth. TechnoSport aims to reach 50 EBOs by the end of 2025.

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Australia’s apparel imports dip 3.3% to $725.4 mn in July 2025

Australia’s apparel and clothing imports fell 3.31 per cent to Au$1.109 billion (~$725.4 million) in July 2025, ABS data showed.
Textile yarn and fabric imports declined 2.51 per cent to Au$387 million, while fibre imports rose to Au$11 million.
Fibre exports slipped 4.13 per cent to Au$741 million.
In 2024–25, apparel imports had grown 8.17 per cent to Au$13.229 billion.

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Topshop & Topman return to UK high streets with John Lewis

Topshop and Topman will expand their UK retail presence through a February 2026 partnership with John Lewis.
Topshop will feature in 32 stores, while Topman will launch in 6, offering curated womenswear and menswear edits.
Leaders from both brands highlighted the collaboration as a milestone, blending fashion-forward collections with John Lewis’ trusted service and strengthening high-street retail.

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US’ G-III Apparel reports $613.3 mn Q2 sales; updates FY26 outlook

G-III Apparel Group has reported net sales of $613.3 million in Q2 FY26, down 4.9 per cent YoY, with net income falling to $10.9 million and diluted EPS at $0.25.
The sales reached $1.2 billion in H1, with net income of $18.7 million.
For FY26, the company projects $3.02 billion in sales and EPS of $2.53–$2.73, while navigating tariff impacts and focusing on brand growth and strategic priorities.

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Kunal Rawal opens first store in Kolkata

Designer Kunal Rawal has launched his first flagship store in Kolkata, expanding into the eastern market. Located in a heritage bungalow on Ballygunge Circular Road, the store, designed with architect Rooshad Shroff, reflects Rawal’s design philosophy. Alongside the launch, Rawal introduced his new collection, World of KR, featuring versatile festive and occasion wear with lighter fabrics and customizable options.

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