Apparels

Silver jewellery brand Giva is closing a Rs 150-200 crore funding round led by Premji Invest and Creaegis, with participation from Titan and Kenro Capital. The deal, partly primary and partly secondary, values the company at around Rs 4,200-4,400 crore. Giva is expected to post Rs 800-850 crore revenue in FY26.

Dhun Wellness, a luxury urban wellness venture by Mira Kapoor, has secured $4 million in funding to build India’s first integrated luxury urban wellness ecosystem. The investment will fuel expansion into cities like Delhi, Pune, Hyderabad, Bangalore, and Ahmedabad, while also developing a comprehensive longevity vertical.

France’s Minister of Ecological Transition Monique Barbut has urged Refashion, the French collective system of extended producer responsibility, to submit proposals to introduce fresh taxes on ultra-fast fashion firms.
A ministry letter has asked Refashion to put strong pressure on ultra-fast fashion, in accordance with its specifications, without compromising current legislation.

Escape Plan has raised $25 million in a funding round led by Jungle Ventures, with participation from Fireside Ventures and IndiGo Ventures, the venture capital (VC) arm of IndiGo Airlines. The latest round comes six months after the company raised $5 million in a funding round led by Jungle Ventures and Fireside Ventures.

In 2026, Haiti’s textile and apparel industry stands at a defining juncture.
HR 6504, Haiti Economic Lift Program Extension Act offers short-term relief, but long-term survival hinges on durable trade certainty and real gains in security and infrastructure.
The outcome will shape Haiti’s economic stability and influence US sourcing strategies across the Western Hemisphere.

Puma and McLaren Racing have announced a multi-year global partnership spanning Formula 1, IndyCar, F1 Academy, sim racing and future WEC programmes.
Puma will deliver official team kit, replica and lifestyle collections inspired by McLaren’s papaya heritage, alongside immersive fan experiences, starting from the opening Formula 1 race in Australia.

The ministry of textiles is preparing a roadmap to grow the nation’s share of these exports to around 12% from the current 5.8% to its free trade agreement (FTA) partners, besides enhanced targeted branding of high-value products. The ministry is also working on a diversification-driven strategy by doubling India’s share in the imports of top 40 countries to 10% at $55-60 billion from 4.8%, or $28.3 billion, at present.

Spain’s apparel imports rose 7.10 per cent year on year to $19.014 billion in January–October 2025, reflecting resilient consumer demand.
China overtook Bangladesh as the top supplier, while Morocco, Cambodia and Turkiye strengthened near-shoring roles.
Trousers and shorts led imports, and stable category shares point to consistent consumer preferences despite shifting supplier rankings.

Gold and silver prices surged to record highs on Tuesday, driven by renewed trade war concerns following US President Donald Trump’s tariff threats linked to Greenland. Investors sought safe-haven assets amid heightened global uncertainty. While prices later pared some gains, volatility is expected to persist.