Apparels

Billionaire investor Radhakishan Damani has invested approximately Rs 90 crore in Lenskart Solutions during a pre-IPO funding round. This investment precedes Lenskart’s upcoming Rs 2,150 crore maiden public offering, which will also involve promoters and existing investors offloading shares. The company plans to utilize the IPO proceeds for expanding its store network, technology investments, marketing, and potential acquisitions.

An Australian study reveals how low-cost and scalable strategies can reduce heat stress and protect worker productivity in Bangladesh’s RMG sector.
The team tested simple cooling interventions like insulated reflective roofs, electric fans and free access to drinking water.
Without cooling interventions, heat stress reduced work output by around 12-15 per cent.

Calvin Klein has launched Re-Calvin, a free US take-back programme with Trove and Debrand to promote circularity.
Customers can send clothing, shoes, and accessories from any brand for reuse, recycling, downcycling, or responsible disposal.
Notably, it accepts intimates, often excluded from such schemes, and provides full transparency through post-processing email updates.

Nike has launched Aero-FIT, a breakthrough cooling technology that channels over twice the airflow of previous materials, helping athletes perform in rising heat and humidity.
Debuting in 2026 football kits, Aero-FIT enhances sweating efficiency and comfort while reflecting Nike’s broader commitment to athlete-led, sustainable, and climate-conscious innovation.

US tariffs are hitting India’s carpet makers hard. The industry fears collapse if tariffs continue. New Delhi is exploring solutions, but local exporters say it will take time. This impacts peak export seasons and winter orders.

Though Bangladesh has met all three essential UN criteria for graduation from the LDC status, maintaining economic momentum and competitiveness after that needs significant internal restructuring, the ICCB has said.
An editorial in its latest newsletter said unless productivity improves and the country diversifies into new markets and higher-value apparel categories, the RMG industry’s edge may weaken.

The UK’s clothing imports showed a strong recovery in August 2025, reflecting revived consumer demand and improved retail conditions after two years of contraction.
While textile fabric imports remained stable, fibre imports declined due to sourcing shifts and cost pressures.
The rebound highlights a strengthening apparel trade as inflationary concerns ease.

Lab-grown diamonds are losing their shine. Oversupply has caused prices to crash, impacting consumer trust. Experts believe the lab-grown bubble has burst. Consumers are returning to natural diamonds. Diamond-producing nations are pooling resources for a collective marketing fund to promote natural stones.

Adidas brand showed strong performance in Q3 with a 12 per cent currency-neutral revenue growth, reaching record quarterly revenue of €6.63 billion (~$7.69 billion).
The brand’s growth was broad-based across markets, product divisions, and channels, driving improved profitability and a raised full-year operating profit outlook of around €2.0 billion (~$2.32 billion).

Hop Lun has signed definitive agreements to acquire Morocco-based Tobago and Chantelle Group’s Famaco and Atma facilities, adding about 800 employees and a combined output of 2.4 million pieces annually.
The acquisitions, expected to close in Q4 2025, will create a new manufacturing platform in Morocco and mark Hop Lun’s fourth and fifth deals since Platinum Equity’s 2022 takeover.