Egypt’s garment exports surge as Turkiye’s apparel industry falters

Egypt’s ready-made garment exports rose 15 per cent year-on-year to $1.15 billion in the first four months of 2026, with April up 33 per cent.
The Apparel Export Council of Egypt plans 22–25 per cent annual growth to lift sector output to $12 billion by 2031.
Chinese and Turkish manufacturers are opening facilities in Egypt, drawn by labour costs and preferential trade access.

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Shein finds there’s no place like China after Vietnam warehouse experiment disappoints

U.S. exemptions for duties on small parcels from China that underpinned its business model looked as if they would be abolished, Donald Trump had just been elected U.S. president for a second term and fears of a heightened trade war were soon realised, with U.S. tariffs on many Chinese goods rocketing to 145% by April 2025.

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BIS to scale up silver hallmarking testing as buyers shift from costly gold

The Bureau of Indian Standards is expanding silver jewellery testing capacity. This move comes as demand for silver increases due to rising gold prices. Referral and assay laboratories for silver will expand nationally within two years. The agency is also piloting artificial intelligence and robotics for faster testing. BIS continues to enhance its laboratory network to meet growing certification needs.

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BGMEA, Wagely Bangladesh join hands to boost capacity of 50000 workers

Trade body BGMEA and Wagely Bangladesh have signed a strategic partnership agreement to strengthen workforce development, financial well-being and sustainable productivity within the RMG sector.
Both will implement a ‘Training the Trainers’ programme designed to build factory-level training capacity and deliver financial literacy and soft skills training to nearly 50,000 workers across BGMEA member units.

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Sri Lankan Hirdaramani Group plans to make Egypt region production hub

Sri Lanka’s Hirdaramani Group director Siddharth Hirdaramani recently met Mohamed Awad, chief executive officer of Egypt’s General Authority for Investment and Free Zones (GAFI) and discussed the group’s plans to expand there by making the African Arab nation a regional hub for manufacturing and exports to global markets.
The plan involves leveraging the competitive advantages offered by Egypt.

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US cotton rewrites Bangladesh’s apparel sourcing playbook

Bangladesh Bank has raised the cash incentive for exporters using local yarn and fabric to 5 per cent in FY27, from 1.5 per cent.
A draft import policy lifts value addition to 30 per cent for most clothing, with incentives and duty-free inputs at stake.
US zero-tariff volumes depend on US cotton and man-made fibre use, while 16.5 per cent base duty and a 10 per cent forced-labour tariff remain.

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Titan starts FY27 on strong note with 40 per cent revenue growth; jewellery business drives performance

Titan’s watches business reported 21 per cent growth to Rs 1,543 crore, supported by continued premiumisation and demand for analogue watches, while the eyewear business grew 21 per cent to Rs 289 crore on higher demand across premium products. The company’s emerging businesses, including Skinn fragrances, IRTH handbags and Taneira, recorded a combined 18 per cent increase in revenue to Rs 128 crore, while engineering subsidiary Titan Engineering and Automation (TEAL) posted 43 per cent revenue growth to Rs 438 crore.

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Can India’s KKCL build on its 19% Q1 revenue growth?

KKCL reported a strong Q1 FY27, with revenue from operations rising 19 per cent YoY to $29.14 million.
EBITDA and PAT grew 29 per cent each, supported by volume expansion, a stronger brand portfolio, operational discipline and improved margins.
The company remains confident of sustaining its growth momentum through FY27, backed by its integrated business model and continued focus on consumer demand.

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Energy, not tariffs, will decide Bangladesh’s export growth

Bangladesh’s RMG exports were $3.89 billion in July 2026, down 1.92 per cent year on year but up 14.73 per cent from June.
US shipments rose 0.25 per cent to $918.74 million, and TexPro data show the market is stabilising.
A roughly 17 per cent gas-supply cut and 40-70 per cent capacity use are limiting factories despite a 10 per cent US tariff versus 12.5 per cent for Vietnam and China.

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Bangladesh RMG growth flips 23.4 points as US basics lose $250 mn

Bangladesh’s RMG growth swung from a 21.52 per cent rise in June to a 1.92 per cent fall in July, though earnings rose from June.
US imports from Bangladesh fell 8.08 per cent in January-May; EU imports dropped 18.89 per cent, with lower volumes and unit values.
TexPro says losses centred on men’s woven garments and knitted T-shirts, which made up 87.6 per cent of the selected decline.

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