Canada’s suit imports fall in Jan-Aug as casualwear demand rises

Canada’s suit imports dropped 14.83 per cent to $36.283 million in January–August 2025, reflecting weaker demand driven by hybrid work, fewer formal events and cautious consumer spending.
Volumes and average prices continued falling as retailers shifted to lower-value sourcing.
China and Italy remained the top suppliers, while India gained modest ground.

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How spinning sector strain is putting Bangladesh’s RMG might at risk

Bangladesh’s spinning sector is reportedly facing severe pressure from soaring costs, volatile cotton prices, and a surge in cheap yarn imports, even as industry leaders warned of potential shutdowns, risking millions of jobs.
In view of the existing scenario, stakeholders sought urgent support—gas price cuts, incentives, and anti-dumping measures to stabilise the sector.

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India targets price-making role in gold market with domestic mining push

India is set to influence global gold prices. Domestic mining will soon supply 20 percent of the nation’s gold demand. This shift will boost employment and attract foreign investment. India’s gold banking system is evolving. Consumers will see greater transparency in gold purchases. India is also poised to become a global jewellery hub.

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US’ Urban Outfitters posts strong 9-month gains, record Q3 profit

Urban Outfitters has reported strong nine-month results with sales up 11.5 per cent to $4.36 billion, driven by retail, digital and a 53.4 per cent surge in Nuuly revenue.
Q3 net sales rose 12.3 per cent to $1.53 billion, with broad-based comp gains and record quarterly profit of $116.4 million.
The company opened 41 new stores as margins and subscriber growth strengthened.

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Guatemala turns to US for apparel imports as China’s lead narrows

Guatemala’s apparel imports rose 34.78 per cent in Jan–Aug, driven by recovering demand and nearshoring.
China remained the top supplier but lost market share due to freight volatility and rising costs.
US expanded its share to 20.64 per cent, supported by CAFTA-DR and shorter lead times.
Honduras, Bangladesh and El Salvador also gained from integrated regional supply chains and quicker delivery.

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US’ Dick’s Q3 sales jump after Foot Locker deal, but net income falls

Dick’s Sporting Goods has posted a 36.3 per cent jump in Q3 sales to $4.17 billion following its Foot Locker acquisition.
Consolidated net income declined to $75 million due to higher taxes and integration effects.
Non-GAAP Dick’s Business earnings remained stable, with EPS slightly rising to $2.78 and comparable sales up 5.7 per cent.

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