Sri Lanka’s apparel exports declined 2.66 per cent YoY to $425.44 million in January 2026 amid weak global demand.
Shipments to the US and EU softened, while the UK remained stable with slight growth.
Other markets saw sharper contraction.
JAFF highlighted DCTS benefits and tariff changes while suggesting diversification and efficiency to sustain competitiveness.

Misto Holdings founder Gene Yoon has transitioned to honorary chairman in a planned leadership succession, formally handing executive control to president and CEO Kevin Yoon.
The founder, who expanded the group through the FILA global trademark acquisition and the takeover of Acushnet, will continue guiding long-term strategy as the rebranded Misto focuses on governance and sustainable growth.

Puma has reported sales of €7.3 billion (~$8.61 billion) in FY25, with currency-adjusted revenue down 8.1 per cent amid strategic reset actions.
Wholesale declined while DTC share increased.
Margins contracted and EBIT turned negative, leading to a net loss.
Q4 saw sharper declines across regions and categories.
Puma expects further sales softness and negative EBIT in FY26.

Sri Lanka’s apparel exports declined 2.66 per cent YoY to $425.44 million in January 2026 amid weak global demand.
Shipments to the US and EU softened, while the UK remained stable with slight growth.
Other markets saw sharper contraction.
JAFF highlighted DCTS benefits and tariff changes while suggesting diversification and efficiency to sustain competitiveness.

Aditya Birla Fashion and Retail Limited (ABFRL) has appointed Pranchal Srivastava as Chief Business Officer for The Collective and its International Brands portfolio. Srivastava previously served as Senior Vice President in the Chairman’s Office at the Aditya Birla Group, where he worked on strategic initiatives across consumer businesses, including growth, investments and digital transformation.

Charles & Keith is planning to open 6-7 new stores across India this year, stepping up expansion in the aspirational accessories segment, as it launched its 24th outlet at Unity One, Elegante Mall in Delhi-NCR. The 103 square metre store is the brand’s seventh in the NCR region and follows its sixth-generation global retail concept.

Charles & Keith is planning to open 6-7 new stores across India this year, stepping up expansion in the aspirational accessories segment, as it launched its 24th outlet at Unity One, Elegante Mall in Delhi-NCR. The 103 square metre store is the brand’s seventh in the NCR region and follows its sixth-generation global retail concept.

The RoDTEP scheme neutralises embedded central, state, and local taxes and levies—including prior-stage cumulative indirect taxes on goods and services used in the production and distribution of exported products—that are not otherwise refunded or credited and remain embedded in export goods.

Trade body BGMEA recently urged Bangladesh Bank governor Ahsan H Mansur to release export incentive funds so that factories can pay wages and bonuses ahead of the Islamic festival of Eid-ul-Fitr.
Its representatives said delayed disbursements are pushing factories into a severe liquidity crisis.
Around Tk 57 billion in textile and garment sector incentives remain unsettled in this fiscal.

Amer Sports has reported FY25 revenue growth of 27 per cent to $6,566 million with margin expansion and strong profitability across segments.
Q4 revenue rose 28 per cent to $2,101 million, driven by Technical Apparel and Outdoor Performance.
Despite higher growth investments, earnings surged and outlook remains positive, with the company projecting double-digit growth momentum into 2026.