Apparels

H&M has opened its first Beverly Hills location at 370 North Beverly Drive, introducing a new concept focused on elevated womenswear, accessories, and special collections like H&M Studio Holiday.
The space also debuts H&M Pre-Loved in Los Angeles in partnership with vintage icon Wasteland.
With tech-enabled features and an artful interior, the store will also host cultural events and collaborations.

Under the expansion plan, Trident Group will invest Rs 1,500 crore in Barnala to scale up terry towel production and modernise paper manufacturing facilities, Trident Ltd said in a regulatory filing. Additionally, Rs 500 crore will be allocated in Mohali to establish a corporate office and a capacity-building centre, it added.

Italy imported $12.412 billion worth of apparel during January–August 2025, slightly above the previous year, reflecting steady demand amid European economic uncertainty.
The country sourced 1.424 billion pieces, 39,164 MT of apparel, and 413.297 million pairs.
Piece-based imports dominated at $11.064 billion.
Annual imports dropped to $19.023 billion in 2024 from $20.594 billion in 2023.

Fibarcode, a University of Michigan spinout, is developing photonic-fibre barcodes woven into fabrics to improve recycling and prevent counterfeiting.
Supported by a $1.6 million NSF grant, it is launching pilot programmes and seeking partners.
The patented technology, co-invented by Brian Iezzi, encodes material and supply-chain data directly into textiles.

boAt is significantly increasing its local manufacturing in India. Domestic production now stands at over 75 percent of its total output. This expansion is supported by making more parts like PCBs and batteries in India. A joint venture with Dixon Technologies is key to this growth. The company expects cost savings and better quality control through these efforts.

Tailored Brands announced leadership changes to support long-term growth.
Mike Baughn, with nearly 20 years of retail finance experience at Foot Locker and Kohl’s, will become executive vice president and CFO from December 01, 2025.
The company also elevated Karla Gray to executive vice president and COO, expanding her remit to include supply chain and technology as it advances operational excellence.

The Bangladesh Labour (Amendment) Ordinance 2025 revises labour laws extensively by lowering union formation thresholds, banning gender-based pay gaps, introducing mandatory social security schemes, etc.
Some trade bodies reportedly cautioned that the low thresholds may destabilise workplaces, hurt export performance, deter foreign investment, and undermine previously agreed TCC frameworks.

The government’s decision to remove Quality Control Orders on polymer and fibre intermediates will lower raw material costs for India’s readymade garment sector, boosting cheaper imported yarn supply. This move offers relief to tariff-hit textile segments, especially garments, by providing access to more competitively priced imports, though it may increase competition for domestic polyester yarn producers.

The Bangladesh Export Processing Zones Authority (BEPZA) has signed land lease agreements with two Hong Kong–China–owned companies—DJ Copper and GRX Technology—to set up new industrial units in the BEPZA Economic Zone with a combined investment of $70.66 million.
The projects will employ 1,105 Bangladeshis and boost light engineering and garment accessories manufacturing.

India’s Muthoot clan is experiencing a surge in wealth as their gold loan business thrives amid rising bullion prices. Consumers are leveraging their jewelry for cash, pushing Muthoot Finance’s stock to record highs and boosting the family’s fortune. The company faces increasing competition but remains confident in the expanding market.