Apparels

The UK has introduced improvements to the rules of origin under the Developing Countries Trading Scheme.
These changes will make it easier for eligible developing countries to trade with the UK by creating new regional cumulation groups for Africa and Asia; and make rules of origin for garment exports more flexible for 16 enhanced preference tier countries.

Cascale has announced Cascale Forum: Colombo, March 30 to April 1, 2026, uniting brands, manufacturers, NGOs and policymakers to accelerate fairer, more resilient apparel value chains.
To be hosted in Sri Lanka, the Forum focuses on climate action, decent work, collaboration, hands-on learning, factory tours and practical use of Higg Index tools.

Shares of Aditya Birla Fashion and Retail slid to a 52-week low after a Rs 289 crore block deal, as reports pointed to a clean-out trade by an undisclosed institutional investor.

China has deepened its dominance in South Korea’s apparel imports, expanding its market share as total imports edged lower.
Korean buyers increasingly favoured China for cost, speed and scale, while Vietnam and other suppliers lost ground.
Exports stayed broadly flat, underscoring South Korea’s role as a consumption-led, brand-driven apparel market rather than a volume manufacturing hub.

Indian sneaker brand Gully Labs secured Rs 30 crore in Series A funding led by Saama Capital. The capital will fuel product expansion, enhance offline retail presence in India, and boost international brand awareness in the US and UK. The company aims for Rs 100 crore in annualised revenue by FY 2026-27.

Raymond Lifestyle has appointed Satyaki Ghosh as its new chief executive officer. Ghosh brings over 25 years of experience from leading companies. This move signals a new phase of growth and transformation for Raymond Lifestyle. The company is also onboarding E.C. Prasad as CFO. These leadership changes aim to strengthen execution for long-term growth in India and international markets.

Accessories brand Salty secured ₹30.1 crore in a funding round. MG Investment led the investment with participation from existing and new investors. The funds will fuel product expansion, team growth, and digital channel scaling. Salty plans to enter the bags segment and open its first physical store. This capital will also enhance deliveries, e-commerce, and supply chain technology.

Losing sheen Demand for silver bars falls 20% this month despite massive dealer discounts

Bangladesh’s garment industry is increasingly adopting automation and technology.
A study showed productivity grew 4.19 per cent annually during 2014–23, with automation-intensive segments like cutting, knitting and wet processing posting the strongest gains.
As technology adoption accelerates, policymakers now face the challenge of managing labour displacement.

As Indonesian garments face a 19 per cent US tariff under ART, with no exemptions for textiles, raising fears of being priced out of a key market, Jakarta eyes the EAEU trade deal to diversify exports.
Already 6–8 per cent costlier than regional rivals, Indonesia risks losing orders to competitors enjoying a duty advantage in the US market.