Apparels

The Dominican Republic’s apparel exports fell 45.56 per cent to $97.09 million in Q1 2026, reflecting weak demand and heavy reliance on the United States, which accounted for over 86 per cent of shipments.
Limited diversification and a continued decline in annual exports highlight structural vulnerabilities and rising risks amid shifting global sourcing trends.

Around 400 RMG units have closed over three years, according to the BGMEA, which recently cautioned that many more factories remain financially vulnerable.
Exports have been falling since August 2025, implying factories are unable to operate at optimal capacity, it noted.
BKMEA said the RMG sector is facing an unprecedented crisis due to falling export earnings, lower purchase orders and rising costs.

Gems and Jewellery Export Promotion Council (GJEPC) on Monday welcomed the signing of the India-New Zealand Free Trade Agreement (FTA), saying the pact is expected to significantly boost India’s gem and jewellery exports with zero-duty access to the market.

The ⁠launch follows controversy in June 2025, when Prada showed sandals resembling ​centuries-old Indian Kolhapuri chappals at a Milan fashion show. The designs sparked ​outrage among Indian artisans and politicians, who accused the brand of cultural appropriation.

The share of jewellery consumption fell below 60 per cent of total gold purchases in 2025 compared to long-term average of 70 per cent, domestic rating agency Careedge said in a report.

New Zealand’s apparel imports declined 1.5 per cent in FY2025-26, reflecting cautious sourcing and inventory correction, while fabric imports surged 24.2 per cent, signalling steady input demand.
March saw a rebound in imports and exports.
Fabric exports rose 33.2 per cent annually, indicating strengthening momentum in specialised textile segments.

Expressing concern over the ongoing load shedding and fuel crisis, the Bangladesh Knitwear Manufacturers and Exporters Association has said production is being severely disrupted due to power shortage, hitting exports.
The crisis is especially acute in some rural areas like Bhaluka, Sripur and Rajendrapur, and many factories are running at 50-60-per cent capacity.

China continues to dominate global baby garment exports over Turkiye in both value and volume, with higher unit prices reflecting stronger value-added positioning and supply chain strength.
While China’s exports remain relatively stable, Turkiye has seen declining volumes despite some price gains, underscoring competitive pressures and evolving demand trends.

Lux Industries’ shares dropped over 7% following board approval for a business demerger. The move, stemming from a family settlement agreement among promoters, will split the company into three verticals, with two expected to be listed separately. The Todi family’s management control will be realigned across these entities.

The Suez Canal Economic Zone has signed a $16.5-million pact with Turkish firm ELA Tekstil to set up a RMG and denim factory in the Qantara West Industrial Zone.
The project, expected to create around 2,500 direct jobs, will produce nearly 7 million pieces of RMG and denim products annually, with four-fifths of output meant for exports.
This project brings the total number of projects in the Zone to 42.