Apparels

Gap Inc has appointed Jody Gerson, chairman and CEO of Universal Music Publishing Group, to its board of directors, effective immediately.
Gerson, a pioneer in music publishing, is expected to strengthen Gap’s “fashiontainment” strategy by connecting culture and commerce, amplifying brand resonance, and supporting CEO Richard Dickson’s vision for Gap’s creative renaissance.

India’s silver imports are expected to rise in the coming months as strong industrial and investment demand has depleted stocks from last year’s record inflows. Imports may total 5,500–6,000 tons in 2025 after halving in the first eight months. Prices have surged nearly 49% this year, yet demand remains firm, with investors holding back scrap sales.

Rado anticipates a significant 30-35% sales surge in India during the festive season, driven by a strong brand presence and strategic distribution. India has become Rado’s largest global market, surpassing the US and China. The company is also witnessing growth in its women’s segment and focusing on premium retail experiences in both metropolitan and Tier 2/3 cities.

Indian fashion retailers face relevance challenges. Industry leaders at The FashionXP discussed strategies. Liberty Group focuses on sustainable trends and premiumization. Mysore Saree Udyog blends heritage with innovation. 1 India Family Mart addresses value-conscious customers. They leverage technology to meet demands. Retailers aim to predict consumer micro-moments. Tradition’s enduring strength remains vital for brands.

CBERA’s impact on the US economy remains small but benefits Caribbean nations, says USITC’s 27th biennial report for 2023–24.
Imports fell 34.5 per cent to $1.8 billion in 2024, with utilisation dropping to 27.7 per cent.
Despite this, per capita exports rose, led by Haiti’s apparel sector.
HOPE/HELP expiry in September 2025 could severely impact Haiti’s economy.

Central and South American apparel imports rose 12.86 per cent to $4.89 billion in H1 2025, signalling demand recovery after a weak 2024.
China led with 54.04 per cent share, followed by Bangladesh, Vietnam, Cambodia, and Honduras, together making up over 72 per cent.
The region’s imports remain below the 2022 peak, leaving room for continued growth and nearshoring opportunities.

VF Corporation has agreed to sell its Dickies brand to Bluestar Alliance for $600 million in cash.
The iconic workwear label, with distribution in 55 countries, will benefit from Bluestar’s consumer insights and operational expertise.
VF CEO Bracken Darrell said the deal will reduce net debt and support portfolio growth while thanking the Dickies team for their efforts.

Bangladesh apparel industry is reportedly facing a liquidity crunch due to banking failures at a time when shifting orders are expected to benefit the country.
The sector’s heavy reliance on back-to-back LCs has turned risky, as local banks struggled to honour or issue new LCs.
Exporters warned delayed payments and financing risks might hit Bangladesh’s image while also eroding its competitive gains.

Sourav Ganguly has partnered with Myntra to launch ‘Souragya,’ a premium ethnic wear brand, just in time for Durga Puja and Diwali. The brand aims to blend traditional craftsmanship with contemporary designs, targeting the fashion-forward generation. With nearly 100 styles, the collection will be exclusively available on Myntra, tapping into the rapidly expanding Indian ethnic wear market.

Indian fashion retailers are prioritizing sustainable profitability amid changing consumer habits and rising costs. Industry leaders at ETRetail The FashionXP emphasized key pillars like top-line growth through quality collections and convenience, bottom-line management focusing on cost control, strategic expansion, and human resource development.