Sri Lanka’s garment exports showed signs of demand softness in early 2026, declining 6.2 per cent.
While textiles and value-added segments remain resilient, apparel continues to face global demand pressure.
The sector still dominates industrial exports, highlighting structural dependence.
Rising imports suggest steady domestic activity but underline competitiveness challenges.

“The company has shown strong growth this fiscal year, crossing Rs 8,000 crore in revenue, up about 30 per cent from last year. PAT is expected to nearly double,” Sen told PTI.

TAG Heuer has opened its first franchise boutique in India in Noida, in partnership with Kapoor Watch Company and DLF Retail.

US trade body AAFA is concerned over proposals to reconfigure the 902-928 MHz (lower 900 MHz) band as that would create significant operational disruption and costs for apparel, footwear and travel goods companies.
These industries depend on RFID technology in the lower 900 MHz band for inventory tracking, logistics coordination, theft prevention, checkout and emerging retail technologies.

UniFirst reaffirmed its acquisition by Cintas, expected to close in the second half of 2026.
It reported a 3.4 per cent rise YoY in Q2 FY26 revenue to $622.5 million, driven by core segment growth.
However, profits declined due to investments and additional costs.
CEO Sintros highlighted operational efficiency gains and strong customer loyalty supported by its service-driven model.

SHR Lifestyles, the operator of the ethnic wear brand SHREE, is set for a major expansion. The company plans to more than double its retail stores to approximately 300 across India in the next three years. This strategic move aims to significantly boost revenue to Rs 900 crore by 2030.

Precious metal prices have fallen sharply amid the Iran war, as concerns about accelerating inflation due to supply disruptions, a stronger dollar and increasing expectations of interest-rate hikes have affected investor interest. Prices have been highly volatile in recent days, moving in tandem with news on the conflict.

Technosport aims for Rs 1,000 crore revenue next fiscal. The activewear brand is expanding its retail stores significantly. General trade remains a key revenue driver. The company is also focusing on international markets. Technosport is investing in its manufacturing capabilities. This growth strategy targets a global presence for the ‘Made in India’ brand.

These restrictions will operate irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any other commitment, the Directorate General of Foreign Trade (DGFT) said in a notification.

Bata’s new CEO Panos Mytaros is set to double India’s business in five years. The company will boost its brand and product relevance for a wider audience. Expect more stores, increased e-commerce, and a strong focus on sneakers for young shoppers. Bata aims for significant export growth from India. The company remains committed to mass markets.