Apparels

Chinese company October 4128 (BD) Ltd will invest $19.72 million to set up a high-end garment manufacturing factory at the BEPZA Economic Zone in Mirsharai, Chattogram.
The company will annually produce 3 million pieces of ski, snow sports, hunting and motor riders’ gear, insulated winter coats, down jackets and pants, rain gear, work wear, running wear, yoga wear and water sportswear.

The EU welcomed Vietnam’s accession to the WTO’s Multi-party Interim Appeal Arbitration Arrangement (MPIA), which now includes 58 members covering 59.5 per cent of global trade.
The MPIA provides a functional dispute settlement system amid the WTO Appellate Body’s inactivity.
It ensures rule enforcement and fair arbitration, with independent experts hearing appeals.

A cutting-edge textile technology is transforming end-of-life management by embedding circularity at the design stage.
It enables up to 95 per cent textile recovery and significant water savings.
Eco-design framework ensures products are built for circularity, minimising waste and boosting recyclability.
The scalable hub model connects design, collection, and recycling globally.

Hermes chief menswear designer Veronique Nichanian is to step down after 37 years in charge and will present her final show for the luxury house in January, the company announced on Friday. She said she was leaving the house “with joy and pride”, after enjoying “37 years of creative freedom.”

​The Armani fashion house said on Thursday it has appointed luxury veteran and longtime manager Giuseppe Marsocci as its new chief executive officer, following the death of its founder last month at 91.

Jewellers are adapting to high gold prices by offering lighter and lower-carat gold jewellery for Dhanteras and Diwali. Retailers are seeing steady footfalls and positive growth as consumers are viewing jewellery as adornment, not just investment.

The Gurugram-based company’s public offering is the biggest among a number of new-age company IPOs lined up for this year. As per its draft red herring prospectus, Lenskart plans to raise Rs 2,150 crore in fresh equity alongside a secondary share sale of 132 million shares by existing investors, including TPG Growth, Kedaara Capital, and TR Capital.

Ethnic fashion sales are down this festive season. Consumers, especially younger urban shoppers, prefer western and fusion wear for comfort and style. This shift impacts traditional garments. While some premium ethnic wear remains strong, the overall trend shows a preference for western styles. Fusion wear offers a blend of ethnic essence with modern appeal.

US swimwear imports dipped slightly to $420.1 million in January–July 2025 despite higher volumes, as average prices softened to $55.66 per dozen.
Demand shifted towards basic, value-driven swimwear amid cautious consumer spending.
Vietnam overtook China as the top supplier with a 31.8 per cent share, reflecting ongoing sourcing diversification and cost advantages.

Reliance Jewels saw a 52% surge in Average Bill Value despite volatile gold prices, with old gold exchange contributing significantly. Reliance Retail Ventures Limited reported a 18% year-on-year revenue increase to Rs 90,018 crore, driven by strong festive sales in Grocery and Fashion & Lifestyle.