Apparels

Philippines’ apparel export prices surge 11% to $23.69/kg in 2025

Philippines’ apparel export prices rose over 11 per cent to $23.69/kg in 2025, driven by a shift toward higher-value, sustainable, and niche manufacturing.
Despite declining shipment volumes amid weak global demand and rising input costs, exporters achieved stronger margins.
North America and Asia remain key markets, reflecting the country’s move from bulk basics to eco-certified apparel lines.

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Zivame CEO Lavanya Pachisia steps down

Lavanya Pachisia has stepped down as Zivame CEO, concluding a significant phase of the intimatewear brand’s growth. She led Zivame’s evolution from an online-first business to an omnichannel brand with an expanded retail footprint, emphasizing accessibility and understanding women’s needs across India. Pachisia credited the company’s progress to its visionary leaders and extraordinary team.

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How buyers’ support helps Philippines deal with tariff pressure

In a rare move, foreign buyers—especially from the US—are absorbing part or all of the 19 per cent tariff on Philippine garment exports as per reports, thereby helping the suppliers remain competitive against lower-cost rivals like Vietnam, Bangladesh etc.
Industry leaders say strong business relationships are behind this unusual solidarity, which is proving critical in sustaining orders.

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Lenskart investors may see 5-17X gains as the firm targets Rs 70,000 crore IPO valuation

Eyewear giant Lenskart is gearing up for its Initial Public Offering with an expected valuation of Rs 70,000 crore. Investors are anticipating substantial gains, with some seeing returns of up to 17 times their initial investment. The company’s valuation has seen remarkable growth in recent years.

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US’ Deckers Brands strengthens global position with 9% Q2 sales growth

Deckers Brands has reported strong Q2 FY25 results, with net sales rising 9.1 per cent to $1.431 billion, driven by double-digit growth in Hoka and UGG.
Operating income reached $326.5 million, while EPS rose to $1.82.
The company expects FY26 net sales of $5.35 billion, a gross margin of 56 per cent, and EPS between $6.30 and $6.39, supported by continued global momentum.

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GST reset and festive boost drive new growth path for India’s apparel market

The 2025 festive season has underscored a new trajectory for India’s apparel sector. With GST reduced to 5% on garments up to Rs 2,500 and raised to 18% on premium apparel, mid-tier and value segments have surged, while premium categories remain steady. Organised retail is set for 13-14% growth, aided by lower input costs and rising consumer demand. Brands like Lifestyle, Libas, Virgio, and Spykar are leveraging smart pricing, digital channels, and tier-2 expansion to capture evolving demand, marking a shift toward balanced, sustainable growth across price points.

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