The influx of ultra-cheap used garments is devastating Indonesia’s textile sector.
Some estimates suggest smuggled clothing has eroded the market share of domestic players by up to 15 per cent.
Beyond the economic fallout, the thrift boom is also accelerating a mounting waste crisis with sellers.
Authorities are now cracking down on smuggling and urging a shift towards locally made textile products.

Indonesia’s apparel exports reached $5.825 billion in January–August 2025, with the US accounting for over half of the total and 42 per cent of trousers and shorts shipments.
American buyers remain the most influential market across all major categories, supported by sourcing diversification away from China and strong partnerships with Indonesian manufacturers.

“Lululemon finds itself in a very challenging position because it’s lost some interest among the key audience of U.S. Gen Z consumers who have been moving on from its defining styles such as fitted leggings,” said Sky Canaves, analyst at Emarketer. McDonald is the latest CEO change at global consumer companies as they navigate an increasingly divergent spending pattern amid macroeconomic uncertainty.

India’s apparel sector anticipates a significant boost from the India-EU Free Trade Agreement. Negotiations are progressing positively, aiming to reduce import duties on Indian garments in the European Union. This move is projected to increase exports by 20-25% in the coming years. The agreement will foster stable investment and strengthen India’s position in premium European markets.

Lululemon announced that CEO Calvin McDonald will step down on January 31, 2026, after seven years in the role, and remain a senior advisor until March 31, 2026, to support a smooth transition.
Board chair Marti Morfitt will become executive chair, while CFO Meghan Frank and CCO André Maestrini will serve as interim co-CEOs as the board conducts a global search for a successor.

Silver prices have reached a historic high of Rs 2 lakh per kilogram in futures trade. This surge marks a significant milestone for the white metal. Gold prices also saw a substantial increase, touching an all-time high. These movements are driven by strong investor demand and positive global trends.

Lululemon Athletica has reported better-than-expected Q3 FY25 results, with net revenue rising 7 per cent YoY to $2.6 billion, driven by a 33 per cent surge in international sales despite weakness in the Americas.
Gross margin and operating income declined, while EPS fell to $2.59.
The company expanded its store base, increased share buybacks, and maintained a cautious outlook amid tariff pressures.

The EU’s Digital Product Passport is set to revolutionise the global apparel industry, requiring manufacturers to disclose the origin, water usage, carbon footprint, and recyclability of every garment.
Compliance is thus no longer optional, as early adopters gain trust and a market edge, while laggards risk losing access to Europe’s lucrative fashion market.

Russian diamond giant Alrosa is set to establish a polishing plant in India, marking its first international expansion. The company plans to invest $50 million, aiming to boost India’s position as a global manufacturing hub. Alrosa will also launch co-branded luxury jewellery lines and implement blockchain technology for supply chains.

Levi’s Kids has entered India through Apparel Group, strengthening its premium kidswear portfolio as demand for global, durable and value-focused brands grows.
The brand will expand through an omnichannel strategy across metros, offering high-quality denim, tees and everyday essentials for children aged 4-16, blending Levi’s iconic style with comfort-driven, durable design.