Apparels

Executive Director Samrath Bedi says longevity in beauty comes from credibility — not discounting, not speed — as the company deepens its omni-channel and globalisation play without diluting its core.

Early rains in Rayalaseema region of Andhra Pradesh have sparked a diamond rush. Farmers and villagers in Kurnool and Anantapur districts are searching for precious stones. Many hope to change their fortunes by finding diamonds in rain-washed lands. Some have sold stones for significant sums. The activity is a seasonal tradition, driven by hope and folklore. Concerns about exploitation persist.

Most major fashion brands lack transparent renewable energy targets, limiting progress toward a cleaner, more sustainable energy supply across global supply chains, a SEforALL report said.
It cautions that if current trends continue, GHG emissions from fashion are expected to rise by more than 60 per cent by 2030.
The report also called for the urgent need to align the industry with the UN SDG 7 and 5.

Bangladesh’s garment exports to the US surged 24.49 per cent in the first six months of 2025 to $4.24 billion, led by trousers and shorts, which made up 45.65 per cent of shipments.
Despite a heavy effective tariff burden of 35–36.5 per cent, Bangladesh has retained its dominance in bottom-wear exports due to strong price competitiveness.

Gujarat’s textile industry is urging the government to extend the Gujarat Textile Policy 2024 benefits to processing units within municipal limits, currently excluded. Industry leaders are seeking support for technology upgrades and pollution control measures, advocating for benefits similar to garmenting units with advanced, water-efficient technologies. They also propose lowering the employment threshold for labor-intensive unit benefits to 2,000 employees.

Gold prices are expected to consolidate in the near term, maintaining a positive outlook due to heightened expectations of a US Federal Reserve rate cut in September. Traders will closely monitor US macroeconomic data and Fed officials’ speeches for insights into monetary policy.

India’s garment exports face risks from US tariffs of 25 per cent and a possible additional duty, while efforts to boost trade with Russia show weak results.
Exports to Russia fell 35.94 per cent to $25.109 million in January–May 2025, just 0.33 per cent of India’s $7.566 billion total.
By contrast, the US accounted for $2.524 billion, or 33.36 per cent, highlighting India’s continued market dependence.

South Korea’s Hwaseung Footwear Group is investing Rs 1,720 crore to establish its first Indian non-leather footwear manufacturing unit in Tuticorin, Tamil Nadu. This initiative, stemming from MoUs signed at the TN Rising Investors Conclave, is projected to create 20,000 direct jobs in the region.

Delta Galil Industries has reported sales of $470.1 million in stable Q2 2025 despite US tariffs and regional tensions.
DTC sales rose 9 per cent, with record gross margin of 42.8 per cent.
Net income slipped to $16.7 million, while H1 sales grew 5 per cent to $968.8 million.
The company cut full-year guidance but expects to offset tariff pressures through strategic sourcing and its Egypt hub.

Under the Footwear, Leather and Non-Leather Area Development Policy 2025, India’s Uttar Pradesh state will promote private industrial parks with financial assistance and tax sops.
Developers will get support up to 25 per cent of admissible capital investment, subject to size-based limits.
The policy will be effective for five years, covering all new projects, expansions or diversification initiatives.