Gold imports may fall 15 per cent in September after PM Modi’s call to curb purchases

Gold imports may fall by fifteen percent this September, prompting Prime Minister Modi to call on citizens to restrict their purchases of the precious metal. This recommendation targets a reduction in the nation’s import expenses and current account deficit. Notably, more consumers are choosing to swap outdated jewelry for fresh designs. Gold prices, however, continue to show volatility due to global economic challenges and central bank interventions.

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Silver dealers face overstocking fears as investment demand dries up after 40% price fall

With investment demand for silver dwindling, refiners and dealers are inundated with rising stockpiles. The precious metal’s prices have dropped more than forty percent since the beginning of the year, negatively affecting investor morale. Cautious buying continues due to heavy losses faced by earlier investors. Coupled with an expected dip in industrial consumption, market conditions remain tense. Nevertheless, a few long-term investors perceive this correction as a timely diversification opportunity.

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New airport set to further boost Noida’s garment exports

Upcoming Noida International Airport promises to improve global connectivity and reduce logistics time for apparel clusters in Noida, Gautam Budh Nagar and nearby hubs.
Gautam Budh Nagar accounts for an estimated 60–70 per cent of Uttar Pradesh’s readymade garment exports.
A 150-acre Apparel City and cargo infrastructure could strengthen northern India’s apparel sourcing base.

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Swiss Military launches Alpine Club, targets Rs 1,000 crore annual revenue in three years

Alpine Club’s initial portfolio comprises 36 SKUs across three hard-luggage collections, priced between ₹6,500 and Rs 7,500. The company plans to add soft luggage, backpacks and travel accessories, with an initial focus on Tier-2 and Tier-3 markets including Delhi-NCR, Telangana, Gujarat, Bihar and Jharkhand.

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US’ UniFirst launches new Always U uniform collection

UniFirst launched Always U, a rental workwear line using poly/cotton mechanical-stretch fabrics and mobility features for active teams.
It targets manufacturing, distribution, transport, technical services and trades where uniforms need durability, comfort and a professional look.
A dedicated women’s line addresses fit and movement gaps in standard workwear; shipments begin September 5, 2026.

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US’ G-III Apparel & WHP complete acquisition of Marc Jacobs from LVMH

WHP Global and G-III have closed the acquisition of Marc Jacobs from LVMH and formed an equal-stake venture to co-own its intellectual property.
WHP Global leads licensing; G-III runs wholesale, retail and e-commerce through the operating business and a long-term licence.
Marc Jacobs remains founder and creative director as the partners target global growth and new market and product categories.

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India’s garment exporters go global as US apparel trade falls 25%

TexPro says India’s apparel exports fell 11.2 per cent year on year to about $7.88 billion in H1 2026, with US shipments down 24.5 per cent.
UK, Germany, Netherlands, Spain, France and Italy raised their combined share to 34.61 per cent, though value slipped about 1.5 per cent.
Exporters are building networks across Asia, Africa and the Americas as origin optionality becomes a sourcing hedge.

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South Korea’s cumulative apparel imports slightly up but down in July

South Korea’s apparel imports rose 1.34 per cent to $6.617 billion in January-July 2026, Korea Customs Service data show.
Knitted apparel imports grew 3.64 per cent to $2.886 billion, while non-knitted apparel eased 0.36 per cent to $3.731 billion.
July apparel imports fell 3.93 per cent year on year; textile exports of man-made filaments and knitted fabrics also declined in January-July.

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