Apparels

Unless the African Growth and Opportunity Act (AGOA) is renewed, African exporters of agricultural and the light manufacturing industrial products could face shrinking market access to the US, undermining prospects for diversification, UNCTAD recently said.
Small exporting countries specialising in apparel and agricultural products would be among the most affected, it noted.

For Tata CLiQ Luxury, which launched the ‘Pre-Owned Timeless Icons’ category in January last year, crossbody bags have recorded nearly a 2x increase in gross merchandise value this year over last year, said CEO Gopal Asthana. In the pre-owned luxury handbags section, the platform features handbags from brands like Bottega Veneta, Fendi, Gucci and Louis Vuitton. In watches, the platform has timepieces from brands like Omega, Breitling, TAG Heuer, besides others.

PC Jeweller reported a robust 63% year-on-year revenue growth in Q2 FY26, fueled by strong festive demand for gold jewellery. The company significantly reduced its debt by 23% this quarter, aiming to become debt-free by the end of FY226 through planned equity raises of Rs 1,800 crore from promoters and investors.

Turkiye’s apparel exports fell 7.25 per cent YoY to $10.88 billion in January–August 2025, with both knitted (–5.6 per cent) and non-knitted (–9.5 per cent) categories declining.
August shipments dropped 8.67 per cent.
In contrast, imports of woven apparel surged 19.7 per cent in the period.
Rising labour costs and competition from South Asia continue to pressure Turkiye’s textile competitiveness.

Libas has recorded over 1,00,000 orders on the first day of festive sales, registering a 50% jump in sales compared to the same festive period last year. Sidhant Keshwani, Founder & CEO of Libas, said the performance reflects both consumer trust and a balanced channel strategy. GST 2.0 reforms, which lowered tax slabs for mass fashion apparel, provided a boost to festive demand, he added.

Bihar is gaining prominence as an apparel manufacturing hub, with its strategic location near key markets and an abundance of trainable labour driving investor interest.
Bihar’s Industrial Policy 2025 offers financial incentives and land allotments to attract investment.
Infrastructure projects, including the Eastern Freight Corridor, are enhancing connectivity and scalability for manufacturers.

Arvind Fashions has elevated Amisha Jain to the role of managing director and CEO, succeeding Shailesh Chaturvedi, who left the company on September 30. This leadership transition, approved by the board in July, marks a new era for the brand.

Augmont Enterprises, an integrated gold and silver platform, has filed its DRHP with Sebi for an Rs 800 crore IPO, comprising Rs 620 crore fresh issue and Rs 180 crore OFS by promoters.

Reliance Brands partners with Stella McCartney to bring the luxury brand to India. The brand uses animal-free materials. Standalone stores will open in six months. Online sales start soon on Ajio Luxe. This targets India’s growing luxury market. The market may reach 90 billion dollars by 2030.

Bvlgari could see a record year in India in 2025, CEO Jean-Christophe Babin told ET, despite global market challenges. The brand’s India-focused products, including collaborations with Priyanka Chopra like the Kada and Mangalsutra, have performed strongly.