The total gems and jewellery exports in March 2025 were USD 28,669.53 million (Rs 2,42,559.39 crores), according to the Gem and Jewellery Export Promotion Council (GJEPC) data.

Sosandar reported FY26 revenue of £42.3 million (~$57.53 million), up 14 per cent, driven by strong online growth, with own-site sales rising 24 per cent.
The company returned to profitability with PBT of £0.4 million (~$0.54 million) and improved margins.
Despite slightly missing revenue expectations, performance remained solid.
Strong third-party sales supported confidence in profitable growth.

Puma has appointed James Carnes as senior vice president creative direction.
Reporting to Maria Valdes, he will oversee creative direction, innovation, and product excellence.
With over two decades of experience, including leadership roles at Adidas, he will align design strategy with business goals to strengthen Puma’s global brand appeal and market position.

Global quarterly sales at the owner ​of brands including Louis Vuitton and Dior, Bulgari jewellery and ​Hennessy, rose by 1% when adjusted for currency swings, slightly below analyst estimates of a ​1.5% rise, according to ⁠a Visible ‌Alpha consensus.

Primark has launched Circular Product Standard 2.0 to expand circular fashion across its range.
The framework focuses on durability, sustainable materials and recyclability, covering nine product categories.
In FY 24/25, 5 per cent of products were circular by design, including 20 per cent of jersey.
A new ‘Progressive’ level raises standards, backed by training and practical design improvements.

“The fall in prices has encouraged consumers to step in and make advance bookings,” said Suvankar Sen, managing director of Senco Gold, adding that demand momentum is picking up across key markets.

Hong Kong’s apparel imports showed early stabilisation in January–February 2026, rising 0.7 per cent YoY to $946.49 million after a steep 2025 decline.
Casualwear led gains, with T-shirts and jerseys increasing share, while structured wear softened.
Despite this uptick, imports remain well below 2024 levels, reflecting cautious sourcing and weak global demand.

“The launch of our flagship 300th store at South Ex marks a defining milestone in GIVA’s journey and reflects the growing trust our customers have placed in the brand,” said Ishendra Agarwal, founder, GIVA.

Cantino, whose career spans marketing and communications roles, joins the company at ​a challenging time. It must negotiate a debt refinancing while it faces a ​prolonged slump in luxury consumer demand that in the 2024-2025 fiscal year led it to post a net loss of 143 ​million euros ($167 million).

Industry stakeholders highlight that Sri Lanka faces a competitive disadvantage in global markets due to limited preferential trade agreements, unlike many competitors, making securing free trade agreements (FTAs) and preferential trade agreements (PTAs) critical.
Industry stakeholders call upon the government to accelerate negotiations on FTAs and PTAs.