Rado, a Swiss watchmaker, is witnessing remarkable growth in India, marking it as its largest market globally. The brand anticipates further expansion, driven by a booming luxury segment and increasing consumer demand. Swiss watch imports into India have surged, showcasing a robust market for premium timepieces. Rado plans to enhance its production capabilities and increase its retail presence across tier-2 and tier-3 cities.

India’s garment exports fell 11.2 per cent to $7.882 billion in January–June 2026 from $8.880 billion a year earlier.
Shirts stayed the largest category at $1.430 billion, followed by T-shirts at $1.148 billion and dresses at $1.138 billion.
Cotton garments accounted for $4.686 billion, while woven garments formed 55.76 per cent of exports.

The textiles ministry plans to identify 5,000-10,000 new exporters across districts over the next 2-3 years to boost India’s global textile market share. It is working with states on district-level export roadmaps to turn production centres into export hubs through better infrastructure, market access and support.

Bangladesh’s RMG exports to the UK rose 3.74 per cent year on year to $915.63 million in July-August FY2026-27, supported by a 10.53 per cent increase in August that offset a 2.44 per cent decline in July.
The two-month earnings were 20.86 per cent of full-year FY2025-26 UK RMG export earnings of $4.39 billion, indicating a stronger start to the new fiscal year.

Austria’s apparel imports rose nearly 2 per cent to $3.785 billion in January–June 2026, with Asia-Pacific shipments up 104 per cent to $788.673 million.
Europe remained the top source at $2.817 billion, but its share fell to 74.43 per cent from 86.56 per cent as imports declined by about 12 per cent.
Trousers and shorts led categories at $1.009 billion, or 26.68 per cent of total imports.

Baanganga Gold & Diamond has filed its DRHP for an IPO comprising a fresh issue of up to ₹540 crore and OFS of up to ₹180 crore. The jewellery manufacturer plans to use fresh proceeds mainly for working capital requirements.

Rakesh Jallipally, CEO, Pepe Jeans London (India), said, “Bengaluru remains an important market for the company and that the upgraded stores are aimed at strengthening its retail presence and improving customer access to its denim and casualwear portfolio.”

PC Jeweller Ltd has successfully cleared its dues with 14 consortium banks, becoming completely debt-free. The company’s total debt was approximately Rs 3,000 crore before the settlement agreement. In September 2024, PC Jeweller opted for a one-time settlement to address its outstanding dues. Following the latest repayment, the company has materially strengthened its financial position and balance sheet.

The company also plans to use the IPO proceeds of Rs 2 crore each to renovate and expand its jewellery boutique, and step up marketing and promotional activities for its flagship brand, ‘OMARA’, and the remaining balance for general corporate purposes.

The company recently expanded to the northeast region, with the opening of the first store in Guwahati, Assam. It is deepening its wholesale and reseller network across the region, including Shillong and other cities, he added.