Apparels

PC Jeweller Ltd. has significantly reduced its debt by 19% to ₹1,445 crore in the last four months, driven by increased sales. Managing Director Balram Garg announced plans to eliminate all debt by fiscal year-end, supported by internal accruals and investments. The company’s income surged to ₹807.88 crore, with net profit rising to ₹161.93 crore for the April-June quarter.

Hankin Brothers Cap Company, a historic Buffalo-based textile firm, has been sold by Richard Hankin to local entrepreneurs Sara Appleby and Cynthia Rood.
The move ensures the brand’s legacy continues in Buffalo.
Appleby, who also owns Sewing Tech Uniform, will integrate the cap maker into her existing operations, preserving jobs and heritage at a new South Park Avenue location.

Puma is facing a tough time. New CEO Arthur Hoeld aims to revive the brand. Puma is struggling with unsold stock. Rivals like Adidas and Nike are strong. Smaller brands are also gaining ground. Hoeld plans a strategy to boost Puma’s appeal. The company needs to regain its market position. Puma hopes to overcome these hurdles soon.

Kalyan Jewellers is set to expand significantly. The jewellery retailer will launch 170 new stores via franchises. This growth targets both Indian and international markets. The company aims to reduce its debt through this expansion. Focus will be on non-south Indian regions. Kalyan also plans to strengthen its manufacturing capabilities. They are optimistic about market share growth and revenue.

Argentina’s coat imports surged nearly fourfold to 26.14 per cent of its garment import basket in January–May 2025, topping all categories with $69.436 million in value.
This marks a sharp rise from just 6.73 per cent in 2022.
Total apparel imports hit $265.650 million in the five-month period, with notable growth across most categories.
Overall apparel imports jumped 86.61 per cent year-on-year.

Cambodia’s manufacturing sector saw major growth in H1 2025, with a notable rise in both garment and non-garment units.
The first half saw 116 new garment units opening, bringing the total to 1,682—a rise from 1,566 at 2024 end.
The country exported garments, footwear and travel products worth $7.38 billion in the period—up by 22 per cent YoY.
Garments accounted for $5,283 million—up by 22 per cent YoY.

The US’s 25% tariff imposition on Indian textile and apparel exports, effective August 7, is a cause of concern for the Confederation of Indian Textile Industry (CITI). CITI urges government support to ensure raw material availability at competitive rates.

Following President Trump’s decision to reduce tariffs for Bangladesh and Cambodia, Indian textile and apparel exporters are bracing for a significant blow to their US business. With tariffs higher than competitors and the potential for additional penalties due to Russian oil imports, Indian exporters fear losing market share.

China’s apparel exports to Russia declined by 2.21 per cent year-on-year to $1.191 billion during January–May 2025, making Russia the twelfth-largest export destination.
In 2024, exports totalled $3.47 billion, accounting for 2.26 per cent of China’s total.
Despite year-on-year volume drops, Russia’s market rank has improved significantly since 2022.

Gildan has reported strong H1 2025 results with net sales up 4.6 per cent to $1.63 billion, driven by 10.6 per cent growth in activewear.
Q2 net sales hit $919 million, led by new product innovations. Adjusted EPS rose to $1.56.
For FY25, Gildan expects mid-single-digit revenue growth, adjusted EPS of $3.40–$3.56, and free cash flow above $450 million, reaffirming its sustainable growth strategy.