Bata India appoints Sanjay Rao as MD & CEO

Bata India has announced Sanjay Rao will take over as Managing Director and Chief Executive Officer effective on August 24, 2026. He replaces Gunjan Shah. Rao brings over two decades of retail and consumer leadership experience from international markets. Bata Group sees India as a key growth market. Rao’s appointment aims to drive consumer relevance and product strength for Bata India.

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Gold imports fall to 25-30 tonnes/month from 70-100 tonnes after duty hike: Govt source

Gold imports into India have dropped sharply. The government’s decision to increase import duty is proving effective. Higher gold prices and reduced jewellery demand also contributed to this trend. Increased global gold recycling is another factor. Official gold inflows have also moderated. The government is not pursuing gold monetisation due to past challenges.

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India-UK FTA levels the playing field for apparel exporters, says Pearl Global’s Pallab Banerjee

India’s apparel exports are set for a significant boost with the new UK Free Trade Agreement, finally removing a long-standing 10-12% tariff disadvantage against competitors like Bangladesh and Cambodia. Industry leaders anticipate improved price competitiveness, attracting fresh investments, increasing exports, and creating substantial employment opportunities across various garment categories.

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Ozempic is creating a new wardrobe economy

Rising GLP-1 use is reshaping apparel demand by accelerating size changes and wardrobe replacement.
The challenge for brands is not simply stocking smaller sizes but adapting sizing, inventory and product design to changing body measurements.
Dynamic size planning, fit-based data and transitional garments will be essential to reduce returns, avoid inventory mismatches and capture new demand.

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Morocco’s apparel exports fall 8% in Q1 2026; Spain remains top market

Morocco’s apparel exports fell 8 per cent year on year to $892.82 million in Q1 2026, with weaker shipments to key European markets.
Spain remained the largest destination, accounting for over 63 per cent of exports.
Despite the quarterly decline, annual apparel exports rose to $3.94 billion in 2025, highlighting the sector’s long-term growth.

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Adidas runs out of letter ‘V’ as German fans snap up World Cup shirts

Replica World Cup shirts for German players faced a temporary shortage of the letter ‘V’. High fan demand for shirts of Kai Havertz, Deniz Undav, and Aleksandar Pavlovic depleted supplies. Adidas confirmed the issue was quickly resolved. Football tops with the letter ‘V’ are now available again online. The German team will switch to Nike from 2027.

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India’s next travel gear powerhouse in the making? Swiss Military aims to triple market share in 3 years

Swiss Military is targeting a significant increase in its premium travel gear market share in India. The brand plans to expand its retail presence and invest in manufacturing. This strategy aims to capture a larger portion of the growing Indian travel market. New product lines will cater to different consumer segments.

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