Bangladesh-Japan EPA opens $3 bn apparel export door with RMG push

Bangladesh aims to raise apparel exports to Japan from about $1.3-1.4 billion to $3 billion, requiring monthly shipments to roughly double.
The 2026 EPA secures duty-free access and flexible rules of origin, boosting competitiveness.
Success will depend on converting buyer interest into repeat orders through stronger quality, compliance, sourcing and Japan-focused execution.

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US’ Oxford Industries’ Q1 sales slip 0.4% amid tariffs

Oxford Industries has reported Q1 net sales of $391 million, broadly flat YoY, while adjusted EPS declined to $1.39 due to $11 million in additional tariff costs.
Tommy Bahama delivered growth, but Lilly Pulitzer and Johnny Was sales weakened.
The company narrowed its FY26 sales outlook to $1.475-1.505 billion while maintaining confidence that lower tariffs.

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Textiles minister Giriraj Singh targets ₹33 lakh crore textile market by FY31

India’s textile market is set to double to ₹33 lakh crore by 2030-31. This growth will create nearly 2 crore new jobs. The government is also working to increase handloom weavers’ income to ₹5 lakh. Trade agreements are expanding, opening new export avenues. India is becoming a significant player in technical textiles.

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Bangladesh exporters concerned over US tariff move under Section 301

The United States Trade Representative (USTR) has proposed 10–12.5 per cent tariffs on 60 countries, including Bangladesh, over forced-labour concerns after Section 301 findings.
Exporters warn total US tariffs could reach ~44 per cent, hurting competitiveness.
Exporters are urging cooperation and capacity-building measures instead of punitive tariffs.

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Turkiye’s Mavi reports Q1 profit of $11.95 mn, sales dip 2%

Turkiye’s Mavi has reported Q1 2026 revenue of TL 12.7 billion (~$279.4 million) and net profit of TL 543 million (~$11.95 million), despite a 2 per cent decline in sales amid weaker consumer demand.
The company posted a 19.7 per cent EBITDA margin and a TL 7 billion (~$154 million) net cash position.
Mavi added 344,000 customers and expanded its retail network.

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Worst is behind, demand recovery underway for Indian textile sector as tariff woes ease: Report

India’s textile industry is seeing a comeback as uncertainty over US tariffs has ended. Global demand is getting better. This brings new hope for the sector with imporved industry fundamentals. Demand is becoming clearer and new trade agreements are strengthening India’s global position.

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ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block deal

Abu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows SoftBank’s recent Rs 2,873 crore share sale. Despite the sale, ADIA will retain significant holdings, indicating substantial paper gains on its 2023 investment. The move comes after Lenskart’s IPO lock-in period expired.

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