V-Mart Retail shares slip 6% despite strong Q4 results, bonus issue announcement

V-Mart Retail shares experienced a decline of 6.2% despite positive financial news. The company reported a net profit of Rs 19 crore for the March 2025 quarter, a significant improvement from the previous year. Revenue also increased by 17%. The board approved a 3:1 bonus share issue. However, the board did not recommend dividend.

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Sleepwear brand Ammarzo plans to raise $500K for category expansion & offline retail

Ammarzo, an Indian direct-to-consumer sleepwear brand, is aiming for a significant revenue surge, targeting Rs 40 crore by FY28. Founder Chahatt Khanna outlines the strategy, which includes venturing into premium offline stores by 2026, expanding into international markets like the UAE and UK this year, and introducing high-margin accessories.

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Japan’s apparel imports from China fall 7.6% in 2024, hit 4-year low

Japan’s apparel imports from China fell for the fourth consecutive year, dropping 7.61 per cent to $11.232 billion in 2024.
Volumes also declined across garment types.
Jerseys remained the top import at over 21 per cent of the total, followed by trousers, shirts, innerwear, and T-shirts.
The trend reflects a consistent shift since 2021, when imports stood at nearly $13.9 billion.

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32% Bangladesh RMG units didn’t implement higher wage till Sep 2024

In spite of a December 2023 Bangladesh government order asking RMG units to raise minimum wages, 32 per cent have failed to do that, a study conducted between September and December 2024 revealed.
All non-compliant units are located outside the export processing zones.
The wage hike has put the factories under financial pressure, but most have received no help from buyers or the government.

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Egypt’s RMG exports up 27% in March; US top buyer

Egypt’s apparel exports rose by 27 per cent YoY to $262 million in March, the Apparel Export Council of Egypt said.
It aims at doubling exports by 2031 to $12 billion by expanding to African and Asian markets, leveraging Egypt’s trade agreements, enhancing value-added production and modernising manufacturing lines.
Two dedicated textile-garment cities will be launched in Fayoum and Minya.

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US’ Columbia Sportswear posts modest Q1 growth, led by LAAP and EMEA

Columbia Sportswear has reported net sales of $778.5 million in Q1 2025, up 1 per cent YoY, led by strong growth in LAAP and EMEA regions.
Gross margin rose to 50.9 per cent, while operating income grew 4 per cent to $46.5 million.
Amid US tariff uncertainties, the company withdrew its full-year forecast but projects Q2 sales between $575–$600 million, reflecting 1–5 per cent growth.

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Ashish Dikshit appointed as MD of Aditya Birla Lifestyle Brands

Aditya Birla Fashion and Retail Ltd announced Ashish Dikshit’s appointment as Managing Director of the demerged Aditya Birla Lifestyle Brands Ltd, effective May 1, 2025, in addition to his current role. Vishak Kumar has been appointed as Deputy Managing Director and CEO. Both appointments are subject to regulatory approvals, marking a significant leadership transition for the company.

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India’s The Souled Store acquires pop culture brand Redwolf

The Souled Store has acquired Redwolf, a leading pop culture merchandise brand.
Redwolf’s founders will join The Souled Store team, bringing their creative vision to enhance product offerings.
This move aims to expand fandom-inspired collections and solidify The Souled Store’s mission to become India’s home of pop culture, offering fans more unique designs, collaborations, and lifestyle products.

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Turkiye’s apparel exports drop 7.7% to $4.1 bn in Jan-Mar 2025

Turkiye’s apparel exports fell 7.75 per cent year-on-year to $4.101 billion in January–March 2025, with March alone seeing a 10.78 per cent drop.
Knitted and non-knitted apparel exports declined across both quarterly and monthly comparisons.
In 2024, total exports dipped 4.47 per cent to $17.494 billion.
No textiles-related imports appeared among the top 20 product chapters in February 2025.

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