Apparels

Kiaasa Retail, an ethnic fashion brand, has filed preliminary papers for an IPO on BSE’s SME platform to raise funds. The company plans to utilize the proceeds to expand its retail presence in Tier II and Tier III cities, enhance its digital channels, and meet working capital needs.

Gold prices surged over 1% as investors sought safe-haven assets amid President Trump’s tariff announcements, while silver hit a 13-year high. Trump’s new tariffs on imports from Canada and other trading partners triggered a decline in global stocks and increased economic uncertainty, boosting gold’s appeal.

Prada will send experts to Maharashtra to work with local artisans. This follows concerns over Prada’s Kolhapuri-like sandals at Milan Fashion Week. The company may launch a special ‘Made in India’ sandal collection. Prada is also interested in Indian jewellery and garments. Discussions include skill development and sustainable production. The goal is to create transparent and ethical supply chains.

Unifa Accessories (BD) Co Ltd, a China–British Virgin Islands (BVI) joint venture, will invest $48.66 million to establish a fashion accessories manufacturing unit in BEPZA Economic Zone, Mirsharai.
The project aims to produce 28 million items annually and create 2,830 jobs.
BEPZA EZ hosts 42 companies with $942.15 million in total investments.

Puma’s new V-S1 silhouette brings football-inspired design to the streets, merging pitch heritage with lifestyle flair.
Drawing from the 2000s-era V1.06 and V1.08, it features a low-profile build, asymmetrical lacing, and a heel cage.
Launching in Gold and White-Silver, the V-S1 reflects streetwear’s evolving connection to sport and culture.

Levi Strauss & Co reported strong Q2 2025 results with net revenues up 6 per cent to $1.4 billion and 9 per cent organically.
DTC sales rose 11 per cent, now 50 per cent of total revenue.
Gross margin hit 62.6 per cent, and adjusted EPS jumped 37 per cent YoY to $0.22.
Despite higher tariffs, Levi’s raised its full-year outlook, expecting 1–2 per cent revenue growth and EPS of $1.25–$1.30.

The Apparel Export Promotion Council (AEPC) is optimistic about India’s potential to replace China as Japan’s leading ready-made garment supplier. An Indian delegation is heading to Tokyo for the India Tex Trend Fair, aiming to boost exports and attract investments from Japanese brands. With garment exports to Japan at USD 234.

Titan Company announced leadership changes to bolster succession planning in its Jewellery and Watches divisions. Arun Narayan will become CEO of the Jewellery Division in 2026, succeeding Ajoy Chawla. Kuruvilla Markose will take over as CEO of the Watches Division in 2025, replacing Suparna Mitra. Both Narayan and Markose have extensive experience within the Tata Group and Titan.

Israel’s apparel imports rose 14.55 per cent year-on-year to $960.64 million during January–April 2025, defying the impact of ongoing conflict with Hamas.
China remained the top supplier with nearly half the share, followed by Bangladesh, Turkiye, India, and Vietnam.
Trousers and shorts led import categories.
Annual imports in 2024 stood at $2.59 billion.

ASICS will rename its SANIN ASICS factory to Onitsuka Innovative Factory Corporation from January 1, 2026, making it a dedicated production base for Onitsuka Tiger.
The revamped facility will focus on innovation, premium product lines, Japanese craftsmanship, and talent development, while also supporting regional revitalisation and celebrating ASICS’ heritage.