Apparels

Competition heats up as Asian apparel majors chase EU gains

Trump’s tariffs have jolted the global apparel sector, pushing many Asian exporters to reassess dependence on the US market and accelerate their shift toward Europe.
Bangladesh, China, India, Pakistan, and especially Cambodia reportedly posted strong EU gains in the first nine months of 2025, with Cambodia leading the surge as Europe emerged as a high-value, fast-expanding destination.

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Italy’s BasicNet to acquire iconic surfwear brand Sundek

BasicNet has agreed to acquire Sundek and its owner Kickoff S.p.A. for an initial consideration of about €10 million (~$10.9 mn), paid entirely in treasury shares, with potential earn-outs of up to €10 million tied to revenue targets through 2030.
The deal adds a historic beachwear brand to BasicNet’s portfolio.
Kickoff posted €27.6 million revenue in 2024.
Closing is expected by December.

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Bangladesh’s RMG exports rise 1.4% in July-Oct

Bangladesh’s RMG exports rose 1.40 per cent to $12.99 billion in July–October 2025, driven by stronger woven and home textile shipments.
Growth slowed in October as weaker demand from key markets hit orders, pulling monthly apparel exports down 8.39 per cent.
Despite short-term volatility, long-term prospects remain supported by sustainability investments and a shift towards higher-value production.

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Arena launches swimwear collection with LYCRA ecomade fibre

Arena has launched its first swimsuit collection made with renewable LYCRA EcoMade fibre, featuring the sustainable Vitalife fabric with 70 per cent plant-based elastomer.
Offered in three women’s styles and nature-inspired colours, the line blends performance and eco-responsibility.
Supported by athlete Sahika Ercumen, it promotes mindful, environmentally respectful swimming.

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Old silver turns source of new riches as consumers offload 100 tonnes of metal in one week

Indians sold an estimated 100 tonnes of old silver in one week, driven by record-high prices and seasonal demand for cash. This surge, far exceeding typical monthly sales, indicates a significant profit-taking opportunity for households. Analysts predict further price increases due to a widening supply deficit.

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South Korea’s apparel imports ease 2.3% in Jan–Oct

South Korea’s apparel imports fell slightly in Jan–Oct, while imports in Oct saw a sharper drop.
Knitted categories proved more resilient than non-knitted items.
Textile exports continued to contract as production shifted offshore and global competition increased.
The divergence highlights weakening upstream competitiveness and sustained reliance on China, Vietnam and Bangladesh for garment supply.

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US’ Centric Brands acquires Vingino to boost global kidswear growth

Centric Brands has acquired the Vingino Group, a Netherlands-based children’s fashion lifestyle brand known for denim and multi-category design.
The deal strengthens Centric’s international Kids platform by leveraging Vingino’s sourcing, design and retail networks across Europe and the Americas.
Both companies said the partnership will accelerate global growth and expand brand reach.

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Germany’s Puma launches refreshed speedcat trio with creative campaign

PUMA reimagines its Speedcat design with a new campaign and refreshed silhouettes: the Speedcat Wedge, Speedcat Ballet, and Speedcat OG.
Showcased by creative trailblazers Lea Waldberg, Madeline Woo, and Renata Kats, the collection blends heritage with expressive movement.
Updated styles feature brown suede and metallic grey accents, marking a bold new chapter for the iconic silhouette.

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US-based Tilly’s delivers stronger FY23 Q3; early Q4 momentum builds

Tilly’s has reported improved Q3 profitability despite a 2.7 per cent sales decline, with comps up 2 per cent and margins strengthening.
Net loss narrowed to $1.4 million.
Year-to-date sales fell 5.6 per cent, but losses reduced.
Liquidity reached $100.7 million.
Strong early Q4 trends support guidance, with expected comp growth of 4–8 per cent and further margin gains.

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