Apparels

In September, the government had imposed restrictions on imports of certain silver jewellery till March 31 next year. The move was aimed at curbing imports of these precious metals in the name of unstudded jewellery from countries like Thailand. India has a free trade agreement with ASEAN (Association of South-East Asian Nations). Thailand is a member of this 10-nation group. The India-ASEAN free trade agreement on goods was signed in 2009.

UK clothing exports fell 1.61 per cent year on year to £244 million in September 2025, reflecting subdued global demand and ongoing post-Brexit competitiveness issues.
Fabric and fibre exports also weakened, despite some month-on-month improvement.
Q3 2025 exports remained significantly below last year, underscoring fragile international buying sentiment.

Page Industries has posted modest Q2 FY26 growth, with revenue up 3.6 per cent to ₹12,909 million (~$145.5 million) and sales volumes rising 2.5 per cent, though EBITDA and PAT saw slight declines.
H1 performance was stronger, with revenue up 3.3 per cent and healthier margins.
The company expects consumption to improve with GST 2.0, lower lending rates, and e-commerce growth.

As China, Vietnam, Cambodia and Pakistan compete with Bangladesh to grab more share in the EU garment market due to US reciprocal tariffs, experts feel the trend may squeeze margins and undermining profitability of Bangladesh garment exporters.
Other key destinations where garment exports have been diverted include Japan and Canada.
Bangladesh has holding over 20-per cent share in the EU apparel market.

Misto Holdings has reported revenue of 1,088 billion won (~$747 million) in Q3 2025, up 3.7 per cent YoY with operating profit rising 41 per cent to 132 billion won.
Fila’s repositioning and Acushnet’s 7.5 per cent revenue rise supported performance.
A 940-won dividend lifted shareholder returns to 220 billion won (~$151 million), achieving 44 per cent of the firm’s three-year target.

With Japan reportedly reducing its reliance on China, Bangladesh apparel exporters see an opportunity to boost RMG exports to Japan.
The ongoing Bangladesh–Japan Economic Partnership Agreement (EPA), expected to conclude by the end of 2025, which aims to lower tariffs and ease trade processes, is expected to give a further boost to Bangladesh’s exports to the lucrative Japanese market.

California’s new climate disclosure laws—SB 253 and SB 261—make emissions and climate-risk reporting mandatory for large companies operating in the state.
With strict timelines and verification rules, textile and apparel sectors must strengthen data systems, engage suppliers, and prepare TCFD-aligned risk reports.
Early compliance will reduce penalties and offer a competitive edge.

The Jordan Chamber of Industry has reached an understanding with entities in Vietnam to pursue joint investments in the latter’s garment industry.
Jordan’s King Abdullah II recently met representatives of leading Vietnamese garment companies.
The discussions explored opportunities to establish integrated industrial ventures between private companies in both countries.

Germany’s swimwear imports for January–August 2025 show a divide between volume and value sourcing.
Asia-Pacific supplied the bulk, driven by cost-efficient production across China, Vietnam, and Indonesia.
Europe maintained a premium edge with higher prices supported by advanced fabrics and design-led collections.
Africa held steady as a nearshore partner benefitting from shorter lead times.

Exports of cut and polished diamonds witnessed a decline of 26.97 per cent at USD 1,025.99 million (Rs 9,071.41 crore) in October compared to USD 1,404.85 million (Rs 11,806.45 crore) recorded in the same period of previous year.