US’ J.Jill expects sales to decline in Q1 FY25 amid challenging market

J.Jill, Inc has announced that it expects net sales to decline by up to 4 per cent in Q1 FY25 but rise by 1 to 3 per cent for the full fiscal, with adjusted EBITDA projected at $101–106 million.
In FY24, net sales grew 0.5 per cent to $610.9 million, while Q4 saw a 4.9 per cent drop.
The company opened 14 stores in FY24 and plans further expansion and system upgrades.

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Malabar Gold & Diamonds invests Rs 600 crore to open 12 new showrooms across India by March-end

Malabar Gold & Diamonds invested Rs 600 crore to open 12 new showrooms by month’s end, bringing their total to 391 across 13 countries and 19 Indian states. The expansion will create 400 jobs. By FY25, the total will be 42 new showrooms. They plan to open 60 more globally in 2025, with five new showrooms in April.

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Why buying thrifted clothes is getting more appealing

Global secondhand fashion sales reached $227 billion in 2024, accounting for 10% of global apparel spending, with the trend accelerating, particularly in the US. This shift is driven by affordability, changing attitudes, and AI-assisted shopping. Secondhand marketplaces like ThredUp and Poshmark are growing, while brands like Patagonia and Lululemon embrace resale. Sales are projected to exceed $250 billion by 2025.

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Brand Concepts Ltd eyes Rs 50 crore revenue from Juicy Couture over next 3 years

Brand Concepts Limited is investing Rs 20 crore to introduce Juicy Couture handbags in India, targeting Rs 50 crore in retail revenue within three years. The company plans to expand its retail and online presence, initially launching in Lucknow and other metro cities. They aim for Juicy Couture to contribute significantly to their overall revenue by FY 26.

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Honduras to gain from US tariff on Chinese MMF jerseys & pullovers

US tariffs on China’s man-made fibre (MMF) jerseys and pullovers (HS 611020) are reshaping trade, with Honduras emerging as the key beneficiary due to its zero per cent tariff and high RCA (54.32).
China’s rising UVR ($13.5/kg) weakens its cost advantage, while Vietnam and Indonesia face pricing challenges.
Honduras’ lower costs and strategic trade access position it as a dominant US supplier.

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Key players & competitive landscape of nonwoven fabrics in US market

Nonwoven fabrics market remains dynamic, with Canada, Germany, and Japan leading exports to the US.
Canada dominates in volume, while Germany and Japan excel in high-performance textiles.
Advanced manufacturing, innovation, and trade policies shape the competitive landscape, with evolving tariffs influencing market dynamics and potential shifts in supplier preferences.

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