Industry bodies seek relief measures as India’s textile exports fall 12.9% in Oct on US tariffs

India’s textile exports saw a significant drop in October. High US tariffs are impacting shipments. Industry groups are urging the government for support. Measures like extending schemes and creating a diversification fund are proposed. Exporters face challenges with reduced orders and discounts. The situation is expected to continue in the coming months.

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Private firm Provogue India defrauded of Rs 90 crore; former director among four booked

The accused persons were identified as former director of the company Rakesh Rawat, its former employee Sameer Khandelwal, resolution professional Amit Gupta, new purchaser Arpit Khandelwal, Plutus Investments and Holding Ltd and others, an official said on Wednesday. The accused conspired and allegedly undervalued the company’s assets and deliberately delayed the auction process by two years to bring down its market value so that Khandelwal could purchase the company, an official said.

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Bangladesh’s T-shirt exports gain strong ground in US market

Bangladesh’s T-shirt exports to the US have expanded notably, rising to 8.94 per cent of apparel shipments in January–July 2025, up from 8.16 per cent a year earlier.
Export value increased to $444.88 million, pushing T-shirts from the fifth position in 2023 to the third spot in 2025.
The shift reflects rising US demand for basics and value-driven apparel.

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Canada’s Lululemon unveils team Canada kit for Milano Cortina 2026

Lululemon unveiled Team Canada’s new Milano Cortina 2026 athlete kit, its third Games as Official Outfitter, developed with two years of athlete testing to enhance thermoregulation, adaptive design, and Canadian-inspired styling.
The launch includes a retail line and Future Legacy products that support Olympic and Paralympic foundations through ten per cent of sales.

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US apparel brand PVH announces CFO transition, reaffirms 2025 outlook

PVH Corp has announced the exit of CFO Zac Coughlin, who will stay through year-end and join the upcoming Q3 earnings call.
A global search has begun for his successor, with Melissa Stone appointed Interim CFO.
CEO Stefan Larsson thanked Coughlin for driving the PVH+ Plan and affirmed confidence in Stone.
The company reaffirmed its Q3 and full-year 2025 revenue and earnings guidance.

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Finland’s Amer Sports’ Q3 revenue jumps 30% on strong regional growth

Amer Sports has delivered a strong Q3 and 9M 2025, with Q3 revenue up 30 per cent to $1,756 million and broad-based regional and channel growth.
Margins improved sharply, while net income rose 156 per cent to $143 million.
9M revenue grew 26 per cent, with net income reaching $306.9 million.
Strong Salomon and Arc’teryx momentum led the company to raise its full-year revenue, margin and EPS outlook.

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HRX, Frido team up to launch barefoot sock shoe, deepen play in functional footwear

HRX is stepping into a new era by partnering with Frido, a trailblazer in ergonomic direct-to-consumer footwear solutions. Together, they’ve crafted the Frido x HRX Barefoot Sock Shoe, merging the principles of movement-driven exercise with a commitment to barefoot design. This innovative shoe promises to deliver on natural movement, comfort, and resilience.

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