Lux Industries’ shares dropped over 7% following board approval for a business demerger. The move, stemming from a family settlement agreement among promoters, will split the company into three verticals, with two expected to be listed separately. The Todi family’s management control will be realigned across these entities.

The Suez Canal Economic Zone has signed a $16.5-million pact with Turkish firm ELA Tekstil to set up a RMG and denim factory in the Qantara West Industrial Zone.
The project, expected to create around 2,500 direct jobs, will produce nearly 7 million pieces of RMG and denim products annually, with four-fifths of output meant for exports.
This project brings the total number of projects in the Zone to 42.

Norway’s apparel imports remained stable at $389.96 million in January-February 2026.
Unisex garments led demand, with trousers and shorts topping categories.
Cotton and man-made fibres dominated materials, while woven garments held a higher share than knits.
China remained the top supplier, Bangladesh steady, and Turkiye’s share declined, indicating a slight sourcing shift.

Judith Leiber Couture has launched its first boutique in Delhi, marking its return to the Indian market. The brand plans a strategic expansion, focusing on connecting with new luxury consumers. This move aligns with global growth plans. Judith Leiber aims to become a top global market within five years. Sparsh India Couture is anchoring the brand’s journey in India.

Judith Leiber Couture has launched its first boutique in Delhi, marking its return to the Indian market. The brand plans a strategic expansion, focusing on connecting with new luxury consumers. This move aligns with global growth plans. Judith Leiber aims to become a top global market within five years. Sparsh India Couture is anchoring the brand’s journey in India.

Bernard Arnault, chief executive of the world’s biggest luxury conglomerate LVMH, brushed off speculation of his retirement on Thursday, telling shareholders that “we’ll talk about all this again in seven to eight years”. “So, if you don’t mind, we’ll talk about this again in seven or eight years,” Arnault said, inviting all his five children to address the AGM for the first time.

For the full year ending on March 31, 2026, its revenue from operations rose 38% to Rs 2,436 crore, from Rs 1,770 crore in FY25. On an annual basis, it posted a net profit of Rs 13 crore compared to Rs 222 crore net loss in the year prior. Bluestone posted its first-ever quarterly profit of Rs 68.8 crore in Q3FY26.

The global luxury investment market is stabilizing. Collectors are now prioritizing rarity and cultural importance. Impressionist art and watches saw strong performance. Classic cars and some wines faced corrections. Handbags remained steady. Younger buyers are using fractional ownership. The market is entering a more discerning phase, with demand for rare assets expected to drive future growth.

South Korean textile sector SMEs are concerned that the increased localisation of military apparel is leading to structural issues like cost burdens and procurement risks, which are disproportionately hitting small sewing firms.
The textile industry committee of the Korea Federation of SMEs has sought adjustment official estimate prices and establishment of a risk-sharing structure for fabric procurement.

China’s sportswear trends are led by oversized silhouettes and core colours, with rising demand driven by upcoming global sporting events.
Jersey exports are surging, reflecting strong market growth.
While oversized styles remain relevant, the focus is shifting to lightweight, structured, and comfortable fabrics, alongside growing demand for versatile and sun-protective apparel.