Apparels

Coats PLC reported group revenue of $837 million for the first half of 2026, reflecting 1 per cent organic growth despite challenging market conditions.
Apparel delivered 1 per cent organic growth, while footwear revenue remained flat, and the group maintained an adjusted EBIT margin of 19.8 per cent.
The company reaffirmed its full-year outlook, expecting continued market outperformance and

Cambodia’s economy grew 5.3 per cent in 2025, with growth projected to moderate to 4.2 per cent in 2026 as energy costs and border disruptions weigh on activity, according to the AMRO.
Garment-led manufacturing exports and continued FDI remain key buffers for apparel supply chains.
Energy security, banking confidence, and higher value-added industry reforms are the next priorities.

Following the acquisition, Berrylush will continue to operate as an independent brand while leveraging Snitch’s capabilities across product development, technology, supply chain, marketing and omnichannel retail.

Canada’s apparel imports fell 6.9 per cent in January-May 2026, led by a 16 per cent drop from China.
Vietnam bucked the trend, gaining share and nearly catching Bangladesh as the second-largest supplier.
Canada’s clothing exports also fell 2.5 per cent as US shipments plunged 17.7 per cent, while exports to China surged nearly 180 per cent.

Nepal is seeking to revive its readymade garment and textile base by removing administrative bottlenecks and planning a dedicated Textile Council.
Exporters could benefit if laboratory-testing hurdles that have hindered US-bound garments are resolved.
The government is also assessing Hetauda Textile Industry’s reopening to serve security forces and later public and civilian markets.

US tariff move draws mixed response from India’s textile industry, with some fearing export disruption while others see a competitive opportunity if a bilateral trade deal is concluded quickly.

India is seeking US textile market-access benefits comparable to Bangladesh and Cambodia under a proposed TRQ mechanism.
Inclusion could offer zero-duty access within specified quotas, helping Indian exporters offset the additional 10 per cent tariff.
The issue is part of ongoing India-US BTA talks, while the US quota mechanism is yet to be operationalised.

Master Chains N Jewels Ltd has filed preliminary papers for an initial public offering. The proposed IPO includes a fresh issue of equity shares and an offer for sale. Proceeds from the fresh issue will fund working capital and general corporate needs. The company designs, manufactures, and distributes a wide range of gold jewellery across India. Master Chains N Jewels operates two manufacturing units in Mumbai with significant annual capacity.

China’s HS 61–62 apparel exports fell 2 per cent to $50.23 billion in January–May 2026, with woven clothing accounting for the decline.
Knitwear remained resilient as exports shifted towards the US, Russia and Brazil.
Despite higher shipment volumes, apparel manufacturers faced severe pressure, with January–May profit margins at just 2.61 per cent.

Jordan’s textile-garment exports to the US will be exempt from customs duties under the Reciprocal Trade Agreement signed in Washington, the former’s Minister of Industry, Trade and Supply Yarub Qudah said.
The latter will also reduce reciprocal tariffs on other Jordanian exports to 10 per cent under the deal.
Jordan will continue to grant duty-free access to US exports under the 2001 bilateral FTA.