Indonesia ships $1.6 bn apparel to US, holds 5th spot

President Donald Trump has announced a trade deal with Indonesia, lowering US import duties on Indonesian apparel to 19 per cent.
Despite a 15.48 per cent rise in exports to the US in January–April 2025, Indonesia remains the fifth-largest apparel supplier, behind India.
Its market share rose to 6.05 per cent but has not returned to the fourth position it held before 2021.

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Vietnam leather-footwear sector sees 10% YoY export growth in H1 2025

Total exports of Vietnam’s leather and footwear industry were worth over $14 billion in value in H1 2025—a 10-per cent growth YoY, official statistics show.
Footwear alone accounted for around $12 billion—up by 10.1 per cent YoY, while handbags, suitcases and umbrellas contributed nearly $2.2 billion—an 11.6 per cent rise YoY.
The industry targets a 10-per cent YoY export growth this year.

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Boss opens flagship store on Barcelona’s Paseo de Gracia

Boss has opened a 1,000+ sq m flagship store at 84 Paseo de Gracia, Barcelona, showcasing menswear, womenswear, kidswear, and accessories.
Inspired by local architecture and design, the store features a vertical garden, natural lighting, and lounge zones.
It also offers Made to Measure tailoring, digital style guides, and hosts events in an elegant, modern space.

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US’ NikeCraft unveils Mars Yard 3.0 as Tom Sachs’ latest evolution

NikeCraft unveils the Mars Yard 3.0, a reimagined version of Tom Sachs’ iconic shoe, featuring upgraded tooling, React foam, carbon fibre shank, redesigned lacing, and enhanced durability.
Available only through global I.S.R.U. challenges, the release reflects Sachs’ belief in art, discipline, and footwear as functional sculpture for everyday life.

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Govt brings 9 karat gold under mandatory hallmarking

The Bureau of Indian Standards (BIS) has mandated hallmarking for 9 Karat gold, effective July 2025, under BIS Amendment No. 2. This inclusion expands the hallmarking grades to eight, ensuring transparency in purity standards for consumers. The revised standard also updates definitions, excluding gold watches and pens from artefacts, and defines specific criteria for gold coins.

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Luxury brand Burberry reports smaller-than-expected dip in first-quarter comparable sales

Burberry experienced a smaller-than-expected 1% drop in comparable retail sales during the first quarter, signaling potential early recovery signs. CEO Josh Schulman’s reboot strategy, leveraging the brand’s British heritage, aims to attract customers amid economic uncertainty. The company’s cost-cutting measures, including workforce reduction, and the positive reception of the Autumn 2025 collection contribute to optimism about future performance.

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Circularity scores rising, but YoY progress slowing: Kearney CFX 2025

Rather than pacing ahead, overall progress related to circularity in fashion, sports, outdoor, underwear and lingerie, and footwear brands seems to be leveling off, the fifth edition of Kearney’s Circular Fashion Index said.
While many brands have committed to circularity, few have translated intent into consistent, scaled execution.
The leap from moderate engagement to scaled circularity is rare.

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