Global demand for winter apparel like coats increased post-COVID-19.
Global coat export trends suggest that exports in 2023 reached $46.43 million, demonstrating robust market engagement.
Asia and Europe, led by China, Italy, and Germany, are top winter coat suppliers, with notable fluctuations in export volumes throughout 2024, highlighting dynamic market conditions.

Lululemon welcomes PGA golfer Max Homa as its newest Ambassador.
Ranked 27th globally, the six-time PGA Tour winner is known for his sharp style, wit, and community focus.
A fan of Lululemon’s apparel, Max values its mix of performance and comfort.
In 2025, he’ll join Tiger Woods’ team in the TGL golf league.
Max believes looking good boosts confidence and performance, aligning with Lululemon’s ethos.

Anta Sports has received multiple ESG awards, including the ‘ESG Report Grand Award’ at the 2024 HERA Ceremony, the ‘CarbonCare ESG Label 2024’ with a Level 3 ranking, and the ‘ESG Special Recognition Award’ at the TVB ESG Awards.
These accolades highlight its progress in climate governance, green innovation, and sustainability, reinforcing its leadership in ESG practices.

Sales of luxury watches in India are hitting record demand in 2024, with significant growth in metro and smaller cities. Brands like Rolex, Montblanc, and Rado report strong performances, driven by rising income levels and an affluent class. Competitive pricing and brand expansion are making these premium timepieces more accessible.

H&M presents the Wellness Edit, merging H&M MOVE, Beauty, and HOME to encourage self-care.
Featuring Yoga leggings in SoftMove with LYCRA SPORTS fabric, it offers comfort, functionality, and natural tones.
The collection includes sports bras, jackets, K-beauty tools, plush towels, robes, candles, and home décor.
Perfect for yoga, pilates, and relaxation, it launched globally on January 2, 2025.

Gold discounts in India remained stable due to high prices deterring buyers, further exacerbated by the rupee’s depreciation. In contrast, Chinese dealers raised premiums anticipating increased demand before the New Year. While Indian demand slackened, Chinese investment demand was expected to increase, buoying the market despite sluggish jewelry sales.

Bangladesh’s decision to hike valued-added tax on 43 goods and services will mostly target high-income people and will not lead to rise in prices of essential commodities, the country’s finance adviser Salehuddin Ahmed recently assured.
The products include posh garment outlets, mattresses and tissue papers.
The decision was taken to bolster state revenues and not to meet IMF demands, he said.

India-EU FTA could boost India’s apparel exports by reducing tariffs to zero, enhancing competitiveness particularly in non-knit items (HS Code 62).
Competitors like Bangladesh and China may lose market share.
India needs to improve product quality to counter EU’s non-tariff barriers.
The tenth round of India-EU FTA negotiations are likely in early 2025.

Discounting levels in India’s luggage market are unsustainable, affecting profitability, says Samsonite CEO. Samsonite surpassed VIP Industries in revenue last fiscal year. New entrants like Mokobara and Uppercase offer discounts impacting industry profits. Despite growth, VIP’s profits fell sharply. Samsonite reported a sales and profit increase. India’s luggage industry growth will reduce due to a high base and increased competition.

In 2024, Sri Lanka saw a 5.2 per cent increase in garment exports, reaching $4,244.3 million in the first eleven months, despite a 13.6 per cent decline in textile exports.
The overall industrial exports totalled $9,105.3 million, with textiles and garments comprising over half.
Imports of textiles and clothing also rose significantly during this period.