Apparels

The ifo Employment Barometer fell to 91.9 in December, its lowest level since May 2020, reflecting ongoing job losses, especially in industry.
Job cuts are continuing across most sectors in Germany, with clothing manufacturers particularly reducing staff, according to the ifo Institute.
Companies are increasingly cautious about hiring as the weak economy weighs on the labour market.

Titan’s watch business is set for significant growth, aiming for USD 1 billion in sales within two years. The company is focusing on premium and luxury segments, expanding its Helios and Helios Luxe store network. This expansion is fueled by rising incomes and a growing aspirational consumer base in India.

Under Armour is set for significant growth. The brand plans to triple its retail revenue to Rs 1,500 crore within five years. This expansion will be driven by a premium, experience-focused retail strategy. Under Armour is committed to disciplined growth, avoiding discounts. The company is opening new stores annually and expanding into new markets.

Under Armour India is set for significant growth. The brand plans to triple its retail revenue to Rs 1,500 crore within five years. This expansion will be driven by a premium, experience-focused retail strategy. Under Armour is committed to disciplined growth, avoiding discounts. The company is opening new stores annually and expanding into new markets.

Footwear major expands Spring Summer 2026 lineup and revamps retail network as it looks to defend share and drive recovery. With its new collection rolling out across channels and a refreshed retail strategy underway, Relaxo is betting that premiumisation, portfolio breadth and offline expansion will help it regain momentum and strengthen its leadership position over the next few quarters, even as near-term demand conditions remain uneven.

India’s gold consumption is projected to decrease this year due to a significant price increase. Despite this, consumers are still preferring lightweight gold jewellery. Investment demand remains robust, contrasting with a weaker jewellery segment. Higher prices are impacting affordability for many buyers. This trend is affecting smaller jewellers more than larger ones.

US cotton imports have surged to meet domestic textile industry demands for quality and specialized varieties, bridging a significant supply-demand gap. This increase, even with a temporary duty exemption, aims to bolster India’s export competitiveness without adversely affecting farmers, as MSP operations continue.

Goldman Sachs predicts gold will reach a new record of $4,900 per ounce by 2026. This surge is driven by central bank purchases and anticipated interest rate cuts from the Fed. Conversely, crude oil is expected to remain weak due to a persistent surplus.

Many believe subcontracting units are vital to Bangladesh’s apparel growth.
Bangladesh Bank has recently authorised export incentives for garments and textile products manufactured and exported through sub-contracting arrangements.
The government earlier announced to extend cash incentives to subcontract factories.
Previously, only exporters operating in their own factories received such benefits.

Bulgaria’s garment imports eased to $677.01 million in January–September, while cotton apparel retained a dominant role.
Cotton garments accounted for over half of total imports, supported by steady consumption of everyday wear.
Product and end-use patterns remained largely unchanged, with trousers, T-shirts, women’s wear, and knit garments continuing to anchor Bulgaria’s apparel import structure.