Nike has faced significant challenges under Elliott Hill, who was brought out of retirement to stabilize the company. Despite efforts to rebuild relationships with retailers and focus on sports products, revenue continues to decline. The company announced job cuts and projected further declines in sales and profit for the upcoming fiscal year. Nike is also contending with performance issues in its markets, particularly in China.

India’s retail landscape is shifting towards tier-2 cities, which have added significantly more Grade A shopping spaces since 2020. High rents and intense competition in tier-1 cities have made expansion increasingly difficult for retailers. The organised retail base in tier-2 cities remains smaller, providing more opportunities for new stores. Consumer behavior is evolving, with a growing number of international brands establishing shops in these markets.

Nike Inc plans to open a new campus in Bengaluru by FY28 to strengthen its operations in India. This campus will be crucial for supporting Nike, Jordan, and Converse brands. The decision is part of Nike’s broader strategy to enhance global growth and manufacturing capabilities. The location of the campus will be disclosed next calendar year.

UK generated around 1.4 million tonnes of post-consumer textiles in 2024, with nearly half estimated non-reusable.
M&S, New Look, Sainsbury’s Tu Clothing and Oxfam have joined Circle-8’s The Circuit to build a collection, sorting and pre-processing supply chain.
Phase one starts in January 2027 at Oxfam’s Batley site, testing automated sorting, traceability and recycler links.

India and Jordan are embarking on an exciting journey to enhance collaboration in the textiles and apparel industry. A recent high-level delegation from Jordan engaged with Indian officials, discussing opportunities for partnerships across multiple sectors, including fabrics and technical textiles. They are also exploring joint ventures and student exchange programs to bolster trade and deepen mutual ties.

Asia-Pacific supplied $5.788 billion of the Netherlands’ apparel imports in January-July 2026, lifting its share to 53.77 per cent.
Overall imports fell 13.60 per cent to $10.764 billion, while Europe supplied $4.097 billion for a 38.06 per cent share.
Cotton led fibre categories at $5.043 billion, and trousers and shorts led products at $2.638 billion.

Bangladesh’s non-traditional RMG exports reached a record $642.93 million in August 2026, or 17.82 per cent of total RMG exports.
In July-August FY2026-27, non-traditional exports rose 6.48 per cent year on year, but the EU and US share was 68.13 per cent.
TexPro shows destination concentration eased, yet the top four non-traditional HS4 apparel groups made up 61.89 per cent of the basket.

India has extended RoSCTL support for apparel, garments and made-ups exports for October 1-December 31, 2026.
The scheme will continue at existing rates and under current guidelines, giving exporters and sourcing teams near-term pricing certainty.
More than 15,400 exporters across over 444 districts benefited in 2025-26, mainly MSMEs in dispersed manufacturing clusters.

Developing-country partners supplied 64.4 per cent of EU27 apparel import value in January to July 2026, above 2019 and 2024, as imports fell 5.5 per cent year on year.
Eurostat showed external apparel imports down 5.1 per cent, with volume and average prices also lower.
China and Vietnam gained, while Bangladesh, Türkiye, India, Pakistan and Cambodia declined.

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