Apparels

Indian textile and apparel exports saw a slight dip in the first nine months of FY26. Textile shipments declined, while apparel exports showed growth. Restrictions in Bangladesh and market uncertainties in the US impacted yarn and fabric sales. Some exporters offered discounts to maintain sales volumes. Companies heavily reliant on the US for home textiles faced significant challenges.

Lithuania’s apparel imports rebounded strongly in 2025, signalling stabilising demand across the Baltic retail market.
European suppliers continue to dominate, with Poland further strengthening its lead and reinforcing near-shoring trends.
China is slowly gaining share in basic, price-driven categories.
Overall sourcing remains firmly Europe-centric despite the recovery.

Kalyan Jewellers India Ltd has appointed Radhika Ramani and C.R. Rajagopal as additional non-executive independent directors. These appointments are effective January 14, 2026, and will last for five years. Ramani brings extensive experience in media and growth strategy. Rajagopal is a chartered accountant with deep expertise in finance and governance.

The AAFA has announced the honourees for its 2026 American Image Awards, marking fifty years of celebrating fashion leadership and collaboration.
Recipients include Fabletics, Zac Posen, Avery Dennison, Timberland, AFIRM Group, BBC International executives Seth Campbell and Josue Solano, and artist Ruben Toledo.
The gala will be held on April 21, 2026, at Gotham Hall in New York City.

Richemont, the owner of Cartier, announced better-than-expected sales for the last quarter. High-end jewellery sales saw a significant jump. Growth in greater China, a key market, also boosted performance. This positive trend offers a glimpse into the luxury goods market’s demand. The company’s watchmaking business also contributed to the strong results.

The Gem & Jewellery Export Promotion Council (GJEPC) has submitted pre-budget recommendations to the Union finance minister, seeking duty rationalisation, SEZ reforms, and tax reforms for exporters. The council aims to position India as a global diamond trading hub and enhance cost-competitiveness amidst geopolitical uncertainties and slowing demand.

Silver prices surged to a fresh lifetime high on MCX, outperforming gold as softer US inflation data boosted rate-cut expectations. Strong global cues, geopolitical tensions and technical momentum kept precious metals in focus, with analysts flagging further volatility and key support levels.

Cambodia’s apparel exports rebounded strongly in 2025, driven by double-digit growth in both knitted and non-knitted garments as global demand improved.
Rising imports of fabrics, fibres and cotton signal higher factory utilisation, reinforcing the country’s role as a key sourcing hub despite recent market volatility and shifting buyer strategies.

Sosandar plc has posted a 10 per cent rise in Q3 FY26 revenue to £13.4 million (~$18.09 million), driven by a 27 per cent surge in own-site sales and improved margins.
Gross margin rose to 66 per cent, while net cash reached £9.7 million (~$13.10 million).
Trading remained in line with expectations, with full-year revenue forecast at £43.6 million (~$58.86 million).

Footwear brand Neeman’s has raised $4 million in its latest funding round. This capital will fuel the expansion of its physical stores and bolster its online presence. The company aims for disciplined growth and targets significant revenue increases in the coming years. This investment comes as India’s footwear market experiences robust growth.