Apparels

Dior has appointed Jonathan Anderson, previously the menswear designer, to also lead womenswear and haute couture, replacing Maria Grazia Chiuri. LVMH aims to reignite sales with Anderson’s unique artistic signature, following his successful tenure at Loewe. This change is part of a broader industry overhaul as luxury houses seek new design directions amid economic challenges and shifting consumer behavior.

Snitch, an omnichannel menswear brand, raised Rs 278 crore led by 360 One Asset, with participation from SWC Global and IvyCap Ventures. Founded in 2018, Snitch operates 59 stores and plans more expansion in FY26, targeting 2-fold revenue growth and new product categories, following strong FY25 performance.

Malabar Gold targets a 20 per cent jump in revenue in the current fiscal year, from Rs 62,000 crore recorded in 2024-25, despite a sharp rise in gold prices, Ahmmad said.

Türkiye’s apparel exports declined 6.16 per cent year-on-year to $5.3 billion in January–April 2025.
Knitted clothing dropped 3.6 per cent, while non-knitted apparel fell 9.3 per cent.
April saw a slight 0.22 per cent dip overall.
This continues the downward trend from 2023 and 2024, resulting in falling shipments in both key apparel categories.

The International Consumer Protection and Enforcement Network has called on the fashion retail sector and textile industry to review their practices to ensure their environmental claims comply with consumer law.
It urges retailers to avoid using vague claims like terming apparel as conscious, green or sustainable, and warns against overstating the significance of their environmental measures.

South Korea’s apparel imports remained nearly flat at $4.039 billion in January–April 2025 compared to the same period in 2024.
Knitted apparel imports rose slightly, while non-knitted declined.
April 2025 saw a monthly drop of 11.18 per cent.
Textile exports, including man-made filaments and knitted fabrics, continued to decline.
In 2024, annual apparel imports rose 3.12 per cent to $12.366 billion.

Senco Gold Ltd reported a significant surge in net profit for Q4 2024-25, reaching Rs 62.44 crore, a 94% increase compared to the previous year, driven by strong wedding and Valentine’s season sales. The company’s revenue from operations also saw a rise to Rs 1,377.71 crore. However, the full fiscal year’s consolidated PAT stood at Rs 159.

Blackstone sold the 28,000-square-metre building on Avenida Diagonal, currently rented by the Spanish editorial business Planeta, to Ortega’s investment vehicle Pontegadea, the sources said.

Italy’s coat exports fell 18.89 per cent to $865.713 million in Q1 2025, slipping below the $1 billion mark for the first time in years.
Total apparel exports dropped 24.07 per cent to $5.54 billion.
Trousers, jerseys, shirts, and T-shirts also saw sharp declines.
Europe remained the top regional market, while the US led as the top individual country buyer.

The EU cotton T-shirt market is projected to reach $16.36 billion in 2025, driven by rising demand and stable inflation.
Bangladesh, Vietnam, and Pakistan are gaining ground as key exporters amid China’s decline.
Emerging EU markets like Poland, Romania, and Ireland offer strong export opportunities.
Sustainability and trade alignment remain crucial for growth.