Speaking at the Bharat Tex 2025, Modi said, “We are currently ranked as the 6th largest exporter of textiles and apparel in the world, with textile exports valued at approximately Rs 3 lakh crore. Our goal moving forward is to triple this figure and achieve exports worth Rs 9 lakh crore. “This success is attributed to the hard work and consistent policies implemented over the past decade, which have led to a doubling of foreign investment in the textile sector during this period.

Luxury houses have no choice but to change. They can’t increase the prices, but there will be an absolute shrinking of distribution. Brands have no choice but to take a hit. You cannot be in a luxury space and be ubiquitous, says Desirée Bollier, the chair and global chief merchant of Value Retail.

Nigeria’s Ogun state governor Dapo Abiodun has said the biggest cotton and apparel industry in West Africa will be soon set up in the state that can employ up to 40,000.
The groundbreaking ceremony for it would be performed soon, and it will be located in the Special Agro-Processing Zone.
His administration is working on generating power that would offer industries the cheapest source of energy.

In January 2025, Cambodia’s apparel exports soared by 34.85 per cent to nearly $950 million, contributing significantly to the country’s foreign income.
Both knitted and non-knitted apparel saw substantial increases, indicating a robust start to the year amid rising global demand and demonstrating the industry’s resilience in a challenging economic climate.

The Saudi Fashion Commission launched the Sustainable Ihram Initiative at the Islamic Arts Biennale, focusing on recycling Ihram garments to create eco-friendly attire.
In collaboration with SIRC, Tadweem, Sanko Textile, and RE&UP, the initiative supports textile recycling and a circular economy.
Aligned with Saudi Vision 2030, it promotes sustainable fashion practices.

Puma’s new Creativity Pack unites Neymar Jr and LaMelo Ball, blending football and basketball in a bold collection.
Featuring the FUTURE 8 boots and MB.04 shoes, both boast vibrant designs and top-tier tech for creative play.
The FUTURE 8 offers FUZIONFIT, GripControl Pro, and FLEXGILITY outsole, while the MB.04 features NITROFOAM and a striking mismatched look.

Crocs, Inc, has reported revenues of $4.1 billion in FY24, up 3.5 per cent, with adjusted EPS rising 9.5 per cent to $13.17.
In Q4 FY24 overall revenue grew by 3.1 per cent, however, Heydude revenues fell 13.2 per cent.
For FY25, Crocs expects 2-2.5 per cent revenue growth, a 24.0 per cent adjusted operating margin, and EPS between $12.70-$13.15.
Capex is projected at $80-$100 million.

COS’ garment-collection initiative repairs and recycles pre-loved clothing to extend its lifecycle.
The COS Restore programme cleans and resells gently used pieces, while unrepairable items are recycled.
COS REMADE debuts a denim capsule with five womenswear styles made from 20% reclaimed cotton, blending utilitarian design with artistry.
The collection highlights craftsmanship and timeless silhouettes.

HanesBrands has reported net sales of $3.51 billion for the full-year 2024, down 3.6 per cent YoY, with gross profit rising 5.2 per cent to $1.36 billion.
Q4 sales grew 4.5 per cent to $888.5 million.
Operating profit fell 30.2 per cent to $185.9 million.
Net loss widened to $320.4 million.
For 2025, the company expects net sales of $3.47-$3.52 billion and adjusted EPS of $0.51-$0.55.

Gucci’s India head, Nader Wassel, has resigned amid restructuring by parent company Kering. The brand saw a 22% drop in profit in FY24, despite a slight increase in revenue and higher advertising spend. Globally, Gucci faces challenges with significant declines in sales and recent leadership changes.