Apparels

Bangladesh RMG raw material imports rise 9.9% in FY25

Bangladesh’s RMG sector, the country’s top export earner, generated $39.35 billion in FY25 and accounts for over 80 per cent of total exports.
Imports of raw materials rose 9.9 per cent to $18.44 billion, with yarn, staple fibre, and textiles seeing strong growth, though raw cotton imports dipped.
Capital machinery imports fell 19.1 per cent, reflecting weaker investment trends.

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Broadway appoints Sankalp Kathuria as co-founder and CEO

Broadway India has appointed Sankalp Kathuria as its new CEO. He will lead the experiential retail startup’s next phase. Vivek Biyani will transition to Investor and Chairman of the Board. Kathuria previously worked at Zomato. Broadway plans to expand to Pune and Mumbai. The company will use its tech-enabled retail format. It houses digital-first brands in offline spaces.

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What prompts Bangladesh to revisit its raw material sourcing strategy?

Bangladesh, the world’s second-largest apparel exporter, faces a 36.5 per cent total tariff on exports to the US, combining a new 20 per cent reciprocal tariff with an existing 16.5 per cent duty.
However, US rules, specify apparels made with 20 per cent or more US-sourced raw materials may receive partial duty exemption.
Bangladesh’s manufacturers are considering increasing cotton imports from US.

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Japan’s Asics H1 profit surges 37.5% as lifestyle brands fuel growth

Asics Corporation has reported record H1 2025 results, with net sales up 17.7 per cent to ¥402,798 million (~$2.73 billion) and operating profit rising 37.5 per cent to ¥81,132 million (~$550.3 million).
Growth was led by SportStyle and Onitsuka Tiger across Japan, Europe, and Greater China.
Forecasts were raised to ¥800,000 million (~$5.43 billion) sales and ¥136,000 (~$922.5 million) million profit.

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South Korea’s Misto Q2 profit soars 29.8% on strong fashion sales

Misto Holdings Corp has posted revenue of 1.23 trillion won (~$888.7 million) in Q2 2025, up 4.5 per cent YoY, with operating profit surging 29.8 per cent to 181.9 billion won (~$131.4 million).
The growth was driven by Acushnet’s strong golf sales and Fila’s new launches, while the firm advanced its three-year 500 billion won shareholder return programme.

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Uniqlo bids to become India’s most trusted apparel brand

Brand’s 18th store since entering the market in 2019 will open in Pune in September.
Uniqlo’s 2024 sales in India climbed 31 per cent to $92.88 million.
MoU with BIMTECH to train future retail leaders via internships in both India and Japan.
Localised collections, partners and cultural collaborations deepen market relevance.
Its social initiatives include vocational training for 2,700 youths.

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