Apparels

Bangladesh’s BGMEA has sought clarification from the US on calculating US raw-material usage, and is keen on importing man-made fibres from there.
It requested mechanisms to ensure supply chain transparency and traceability to qualify for the duty waiver on use of US raw materials.
The scope of setting up a warehouse near Chattogram Port to expedite cotton imports from the US was also discussed.

Cambodia’s Ministry of Economy and Finance has projected a GDP growth of 5.2 per cent in 2025 and 5 per cent in 2026, backed by resilient performance across key sectors despite moderating economic momentum.
Agriculture, garment manufacturing, non-garment manufacturing, tourism and related services, wholesale and retail trade, and the construction and real estate sectors will drive the growth.

The US has reduced tariff on Bangladeshi goods from 35 per cent to 20 per cent, following final negotiations in Washington.
The US is Bangladesh’s largest export market, accounting for $9 billion annually, including $7 billion in garments, as per some estimates.
Move offers major relief to those RMG suppliers, heavily dependent on the US market.

Vishal Mega Mart’s shares experienced a surge following the announcement of robust first-quarter FY26 results. The company’s Profit After Tax (PAT) witnessed a substantial 37.2% increase, reaching Rs 206.10 crore, while revenue from operations grew by 21% to Rs 3,140.30 crore. This impressive performance reflects the strength of their strategy in providing affordable products to consumers across India.

The 25 per cent additional tariff imposed by Donald Trump on Indian goods is set to take effect from August 27.
According to some estimates, owing to increased tariffs, certain knitted garments could face duties as high as 64 per cent and woven apparels around 60.3 per cent.
The Trump-Putin meeting on August 15 in Alaska might influence the course of India-US trade ties.

Sudathi, a Surat-based saree brand, aims for Rs 100 crore in annual recurring revenue by FY26, leveraging its success since its 2023 launch. Expanding its festive retail operations, the company focuses on tier 2 and 3 cities, streamlining logistics with new fulfillment centers and regional tie-ups to meet seasonal demand and reduce delivery times.

Aditya Birla Group’s TMRW – House of Brands has secured a Rs 437 crore investment from ServiceNow Ventures. This deal will integrate ServiceNow’s AI and automation into TMRW’s operations. TMRW, launched in 2022, aims to leverage this partnership to enhance consumer insights and operational agility for its portfolio of brands targeting Gen-Z and millennial consumers.

US imported 49,455.630 million SME of textiles and apparel in January–June 2025, up 5.88 per cent year on year, with apparel imports rising 4.31 per cent and textiles 6.40 per cent, OTEXA data shows.
Cotton product imports grew 4.81 per cent, while MMF products rose 6.25 per cent.
Exports inched up 1.21 per cent to 1,083.793 million kg, despite declines in fabric and yarn shipments.

India’s gem and jewellery exports witnessed a significant surge in July. Exports increased by 15.98% compared to the previous year. The Gem and Jewellery Export Promotion Council reported the total export value at $2,178.24 million. Robust order bookings and a rebound in the Hong Kong market fueled this growth.

BlueStone Jewellery and Lifestyle’s Rs 1,540.65-crore IPO was subscribed 2.70 times on Wednesday, the final day of bidding. The IPO saw strong interest from QIBs and retail investors, while non-institutional investors showed moderate interest. The company plans to use the fresh issue proceeds for working capital and general corporate purposes, aiming to further expand its retail presence across India.