Sri Lanka’s garment exports rose by 8.9 per cent to $2.4 billion in January–June, while overall textile product exports reached $2.6 billion, accounting for over half of the country’s industrial exports.
Garment exports grew in June, though textile shipments dipped.
Imports of clothing and accessories surged by over 33.2 per cent over the first half of the year.

Timex Group India Ltd reported a 55% revenue surge in Q1 FY26, reaching Rs 169 crore, with significant growth in EBITDA and PBT. The Timex brand led the way with 77% growth, while e-commerce doubled and the trade channel expanded. The company aims to expand its retail presence by adding 100 franchise stores in the next 2 years.

Trade body BGMEA president Mahmud Hasan Khan has termed the lowering of US reciprocal tariff on his country to 20 per cent from 35 per cent a ‘big relief’ for the domestic RMG industry.
Citing the US executive order, he said if at least 20 per cent of US raw materials are used by Bangladesh manufacturers, the additional 20-per cent tariff would not be applicable to the value of American raw materials.

Puma and Hot Wheels unleash their second high-octane collab, inspired by Hot Wheels Monster Trucks.
The limited-edition range includes bold apparel and reimagined CA Pro, RS-X, and Speedcat sneakers, drawing from rigs like Mega-Wrex and Tiger Shark.
Packed with graphic details and exclusive packaging, the collection celebrates Hot Wheels’ Dinos vs Sharks season.

Indian premium sleepwear brand Ammarzo has officially entered the Gulf Cooperation Council (GCC) markets via Noon and Namshi, marking a significant international expansion. Founder Chahatt Khanna projects a 3x revenue growth in 18 months, aiming for 30-35% of overall revenue from international markets by FY26.

Canada Goose has reported a 22.4 per cent YoY revenue rise to CA$107.8 million (~$77.6 million) in Q1 FY26, driven by strong DTC performance.
Gross profit rose 25.9 per cent, but net loss widened to CA$125.2 million due to a one-time arbitration settlement and increased investments.
The company expanded its retail presence, launched new collections, and achieved notable sustainability milestones.

PC Jeweller Ltd. has significantly reduced its debt by 19% to ₹1,445 crore in the last four months, driven by increased sales. Managing Director Balram Garg announced plans to eliminate all debt by fiscal year-end, supported by internal accruals and investments. The company’s income surged to ₹807.88 crore, with net profit rising to ₹161.93 crore for the April-June quarter.

Hankin Brothers Cap Company, a historic Buffalo-based textile firm, has been sold by Richard Hankin to local entrepreneurs Sara Appleby and Cynthia Rood.
The move ensures the brand’s legacy continues in Buffalo.
Appleby, who also owns Sewing Tech Uniform, will integrate the cap maker into her existing operations, preserving jobs and heritage at a new South Park Avenue location.

Puma is facing a tough time. New CEO Arthur Hoeld aims to revive the brand. Puma is struggling with unsold stock. Rivals like Adidas and Nike are strong. Smaller brands are also gaining ground. Hoeld plans a strategy to boost Puma’s appeal. The company needs to regain its market position. Puma hopes to overcome these hurdles soon.

Kalyan Jewellers is set to expand significantly. The jewellery retailer will launch 170 new stores via franchises. This growth targets both Indian and international markets. The company aims to reduce its debt through this expansion. Focus will be on non-south Indian regions. Kalyan also plans to strengthen its manufacturing capabilities. They are optimistic about market share growth and revenue.