The Supervisory Board of adidas AG has extended CEO Bjørn Gulden’s contract to December 31, 2030, and Michelle Robertson’s to December 31, 2031, ensuring leadership continuity.
Nassef Sawiris is set to succeed Thomas Rabe as chairman following the May 07, 2026 AGM, with Ian Gallienne proposed for re-election and Mathias Döpfner nominated as a new board member.

India’s apparel exports to Canada could increase sharply if the CEPA removes MFN tariff disadvantages against competitors like Bangladesh and Vietnam.
Knit basics may see the fastest gains due to tariff-sensitive pricing and easy supplier switching.
However, success will increasingly depend on compliance, traceability and workable rules of origin.

India’s move to form an inter-ministerial group signals a proactive approach to managing export risks amid rising geopolitical uncertainty.
By closely monitoring supply chains, logistics routes and critical imports, the government aims to ensure faster policy responses and protect export competitiveness, particularly for sectors like textiles that are highly exposed to trade disruptions.

American Eagle forecasts sales growth above estimates on demand from wealthy shoppers

Indian apparel exporters face potential shipping delays and increased costs. Tensions in West Asia could disrupt key sea routes, impacting shipments to the UAE. This situation threatens to squeeze already thin profit margins. Exporters are concerned about meeting existing contracts. Meetings with Middle East buyers have been cancelled. The situation adds to existing challenges for the industry.

Ross Stores forecasts annual sales above estimates on resilient demand for discounted apparel

Khadi fabric represents economic strength. Every purchase supports village industries and a self-reliant India. The Khadi and Village Industries Commission achieved a historic Rs 1.7 lakh crore turnover in 2024-25. This generated employment for 1.94 crore people. The Khadi Mahotsav in Thane celebrates 70 years of KVIC’s service. The exhibition features stalls from 15 states.

South Korea’s apparel imports fell 2.14 per cent to $1.004 billion in January 2026.
Knitted imports (Chapter 61) dipped to $426.61 million and non-knitted (Chapter 62) to $577.47 million.
The country exports fabrics, with January 2026 man-made filaments (Chapter 54) at $141.13 million and knitted fabrics (Chapter 60) at $113.9 million.
Imports eased 1.44 per cent in 2025.

Israeli and US attacks on Iran and Tehran’s response forced the closure of ‌airspace across ⁠parts of ⁠the Middle East and shut key airports such as Dubai and Doha, disrupting business ​and travel.

Carter’s reported Q4 fiscal 2025 sales of $925.5 million, up 7.6 per cent, boosted by a $37 million extra week; on a comparable basis, sales rose 3.4 per cent.
Growth spanned US retail, international, and wholesale segments.
Operating income edged up to $84.7 million, though margin dipped to 9.2 per cent.
Full-year sales increased 1.9 per cent to $2.9 billion.