Apparels

Sachin Tendulkar’s sports, athleisure brand ‘Ten X You’ makes its play on Myntra

Sachin Tendulkar’s brand, Ten X You, has launched on Myntra. The brand aims to encourage an active lifestyle across India. It offers a wide range of sports and athleisure wear. The collection includes footwear and apparel designed for comfort and versatility. This launch caters to everyday consumers seeking enjoyable and accessible sports integration into their lives.

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Ghana plans 3 new garment factories, to generate 27,000 jobs

Ghana is collaborating with the private sector to set up three new garment units, generating 27,000 direct jobs under the 24 Hour Economy Policy.
The facilities will be located in the Central, Bono East and Eastern regions, with each factory expected to operate 24 hours to maximise productivity.
Each unit can employ 3,000 workers per shift.
Contracts have been secured to ensure demand-driven production.

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Textiles & apparel exports fall in first three quarters of FY26

Indian textile and apparel exports saw a slight dip in the first nine months of FY26. Textile shipments declined, while apparel exports showed growth. Restrictions in Bangladesh and market uncertainties in the US impacted yarn and fabric sales. Some exporters offered discounts to maintain sales volumes. Companies heavily reliant on the US for home textiles faced significant challenges.

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Lithuanian apparel imports rise 16%, European suppliers dominate

Lithuania’s apparel imports rebounded strongly in 2025, signalling stabilising demand across the Baltic retail market.
European suppliers continue to dominate, with Poland further strengthening its lead and reinforcing near-shoring trends.
China is slowly gaining share in basic, price-driven categories.
Overall sourcing remains firmly Europe-centric despite the recovery.

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Kalyan Jewellers appoints two independent directors, reconstitutes board committees

Kalyan Jewellers India Ltd has appointed Radhika Ramani and C.R. Rajagopal as additional non-executive independent directors. These appointments are effective January 14, 2026, and will last for five years. Ramani brings extensive experience in media and growth strategy. Rajagopal is a chartered accountant with deep expertise in finance and governance.

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AAFA reveals honourees for 2026 American Image Awards

The AAFA has announced the honourees for its 2026 American Image Awards, marking fifty years of celebrating fashion leadership and collaboration.
Recipients include Fabletics, Zac Posen, Avery Dennison, Timberland, AFIRM Group, BBC International executives Seth Campbell and Josue Solano, and artist Ruben Toledo.
The gala will be held on April 21, 2026, at Gotham Hall in New York City.

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Cartier owner Richemont beats sales forecasts as China recovery continues

Richemont, the owner of Cartier, announced better-than-expected sales for the last quarter. High-end jewellery sales saw a significant jump. Growth in greater China, a key market, also boosted performance. This positive trend offers a glimpse into the luxury goods market’s demand. The company’s watchmaking business also contributed to the strong results.

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Budget 2026: GJEPC seeks duty cuts and policy reforms to boost gem and jewellery exports

The Gem & Jewellery Export Promotion Council (GJEPC) has submitted pre-budget recommendations to the Union finance minister, seeking duty rationalisation, SEZ reforms, and tax reforms for exporters. The council aims to position India as a global diamond trading hub and enhance cost-competitiveness amidst geopolitical uncertainties and slowing demand.

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