Apparels

Indian Silk House Agencies is targeting Rs 500 crore in revenue within two years and Rs 1,000 crore in five years, fueled by aggressive offline expansion and a robust omnichannel strategy.

Trent Ltd, owned by Tata Group, reported an 11% year-on-year rise in net profit to Rs 373 crore for Q2 FY26, driven by store expansion and steady same-store growth. Revenue from operations increased by 15% to Rs 4,818 crore. The retailer expanded its footprint, adding 13 Westside and 40 Zudio stores during the quarter.

OETI Slovakia has launched the ‘Fit & Proof’ label offering independent testing for garment fit, workmanship, and durability.
Based in Žilina, it supports apparel, PPE, and uniform manufacturers.
The service helps brands cut return rates, detect flaws early, and ensure consistency.
It also aids retailers, e-commerce, and public procurement in verifying garment quality and performance.

Arvind Ltd reported a 70% surge in Q2 FY26 net profit to Rs 106.74 crore, driven by increased revenue and a one-time tax benefit. The company saw strong volume growth in fabric and garmenting, with its near-term order book full. Despite US trade uncertainties, Arvind maintained its customer base and managed tariff impacts.

Lenskart’s IPO grey market premium has dropped 70% from its peak, signaling investor caution despite strong subscription numbers. Analysts point to valuation concerns, suggesting muted listing gains, though the company’s robust business model and growth potential in India’s eyewear market are acknowledged as long-term positives.

Under Armour has reported revenues of $1.33 billion in Q2 FY26, down 5 per cent YoY, though ahead of guidance, with improving brand traction in North America.
Gross margin fell 250 bps to 47.3 per cent and SG&A rose 12 per cent to $582 million.
Operating income was $17 million.
For H1 FY26, revenue declined 4.5 per cent to $2.47 billion.
For FY26, expectations are set to decline by 4–5 per cent.

Bangladesh’s RMG exports rose by 1.40 per cent to $12.99 billion in Jul-Oct, supported by stronger woven apparel and home textiles.
However, October shipments fell due to slower order placements.
Knitwear growth remained subdued, while cotton and cotton product exports declined.
Bangladesh’s long-term prospects are reinforced by expanding high-end capacity and sustainable manufacturing investments.

Bangladesh apparel manufacturers expect an additional $5 billion from high-end garment exports in the first year after the government scraps the 50-per cent ceiling on free-of-charge (FoC) imports, trade body BGMEA said.
Under this arrangement, the buyer supplies raw materials.
The additional earnings could cross $10 billion in the second year once the FoC quota is fully abolished, BGMEA noted.

Under Armour has appointed Reza Taleghani as EVP and CFO, effective February 2026, succeeding long-time CFO David Bergman, who will stay through Q1 FY2027 for transition.
Taleghani joins from Samsonite, where he led major financial and operational improvements.
He brings over 25 years of global finance experience to support Under Armour’s next growth phase.

Adidas has launched the 2026 home kits for 22 partner national teams ahead of FIFA World Cup 26, blending historic identity with modern design.
Each jersey reflects cultural heritage and is engineered for performance, featuring CLIMACOOL+ ventilation, body-mapped stretch fabrics and new lenticular crests for a bold, future-focused look.