Apparels

RPSG Ventures is making waves in the luxury market by acquiring a 40 percent stake in FSP Design, the innovative company shaping the Falguni Shane Peacock fashion label. This strategic investment represents a thrilling entrance into the upscale couture arena for RPSG Ventures.

HRX is stepping into a new era by partnering with Frido, a trailblazer in ergonomic direct-to-consumer footwear solutions. Together, they’ve crafted the Frido x HRX Barefoot Sock Shoe, merging the principles of movement-driven exercise with a commitment to barefoot design. This innovative shoe promises to deliver on natural movement, comfort, and resilience.

In a landmark ruling, the Delhi High Court has reaffirmed its stance against imitation. The court’s latest decision prohibits Aqualite Industries from manufacturing and distributing slippers that mirror the designs of Relaxo Footwears.

Hungary’s apparel imports dipped in early 2025 as inflation, weak consumer demand and disruptions linked to the Russia–Ukraine conflict weighed on trade.
Europe maintained its dominance due to shorter lead times and stable logistics, while Asia-Pacific made only gradual gains.
The sourcing pattern remains consistent, with limited diversification expected in the near term.

Levi Strauss & Co. is partnering with Microsoft to build an AI super-agent that streamlines corporate workflows and supports its DTC-first strategy, with rollout beginning in early 2026.
The company has also launched Outfitting, an AI styling tool on its app, and is expanding STITCH, an AI assistant for store teams, to 60 US locations ahead of broader deployment next year.

India’s goods trade deficit widened significantly to a record $42 billion in October, driven by a threefold surge in gold imports to $14.72 billion. This rise, coupled with a widening oil deficit, overshadowed a slight improvement in the electronics deficit. Merchandise exports also contracted sharply by 11.8% year-on-year, raising concerns about the country’s external balances amidst slowing global trade trends.

ZILO has unveiled its second dark store in the bustling city of Mumbai, taking a significant leap in its retail strategy. With an exciting range of new items including accessories, footwear, bags, watches, and fashion jewellery, this expansion is all about speed and variety. Customers can now enjoy quicker deliveries and an enriched inventory of fashionable lifestyle products.

Lenskart is broadening its horizons in the eyewear industry by welcoming the stylish Barcelona-based brand Meller to India. In an exciting twist, the company is also teaming up with Popmart to unveil a whimsical collection featuring beloved character designs.

India Bullion & Jewellers Association has asked Sebi to regulate digital gold platforms. This move aims to assure consumers they are not being misled. Digital gold is popular with young investors seeking easy access to funds and no locker fees. Sebi recently cautioned that these platforms are outside its oversight.

Political party Twenty20, founded by Kitex Garments promoters, plans to contest in half of Kerala’s districts for upcoming local body polls. The party aims to replicate its successful governance model, which has turned panchayats into revenue surplus entities, despite the chairman facing alleged harassment in Kerala.