Apparels

New Zealand’s apparel imports remained broadly steady at NZ$2.04 billion (~$1.22 billion) in 2025, as modest value growth offset mixed volume trends.
Knitted apparel imports rose despite lower volumes, while woven apparel volumes improved marginally.
Textile fabric imports and exports recorded strong growth, indicating firmer intermediate demand.
However, apparel exports declined sharply.

In an urgent legal maneuver, the Enforcement Directorate has petitioned a court to label Nehal Modi as a fugitive economic offender. Accused of orchestrating a pivotal role in the Punjab National Bank scandal, he allegedly funneled an astonishing amount of money overseas. Furthermore, the agency alleges he engaged in the destruction of evidence and witness intimidation.

Rising imports of gold and silver have widened the trade gap, but demand trends differ for the two metals. Gold prices rose nearly 25% year-on-year to $94,554 per kg during April–December, leading to cautious buying. Import volumes fell 18.3% to 522 tonnes. However, due to higher prices, the total import bill still rose 1.8% to $49.4 billion.

Gold prices saw a slight rebound on Wednesday, recovering from a significant dip triggered by progress in U.S.-Iran talks. However, subdued trading volumes due to Lunar New Year holidays across Asia are keeping a lid on gains. Investors are keenly awaiting U.S.

Fashion jewellery brand Gargi by PNGS is set for aggressive offline expansion. The company plans to open 20 new stores each year, focusing on Tier II, III, and IV markets. This strategy aims to leverage the Indian consumer’s preference for in-person shopping experiences. Gargi aims to strengthen its presence across North and West India.

India’s imports rose 19.1%, the highest since last April, to $71.2 billion – the second highest for any month. Gold imports surged 4.5 times to $12 billion, while silver jumped 2.

The Tata group firm, ‌which runs ⁠youth-focused ⁠fashion chains Zudio and Westside, added more than 100 stores in the ​nine months to December, taking the tally to over 1,100. Analysts say expansion will ​drive Trent’s near-term earnings growth.

Jordan’s apparel imports fell by 18.80 per cent year on year to $536.73 million in 2025 amid softer demand and cautious retail sourcing.
While China retained top position, its market share declined sharply as Turkiye expanded aggressively.
Egypt’s exports collapsed.
Product demand shifted towards trousers and ensembles, signalling structural changes in sourcing patterns and category preferences.

With sound industrial development and policy support, an extra 81 million garments could be sourced by South African retailers every year from domestic manufacturers by 2030, a study said.
This could raise domestic sourcing by 20 per cent, add $502.36 million in annual manufacturing output and create up to 34,000 jobs.
However, it is significantly below the 65-per cent domestic sourcing target by 2030.

Nandan Denim has reported revenue of ₹49,952.72 lakh (~$55.11 million) in Q3 FY26, sharply lower year on year, with net profit at ₹297.29 lakh.
PBT fell to ₹409.91 lakh amid softer income, though finance costs declined.
For nine months, revenue stood at ₹2,33,189.43 lakh, while net profit edged up to ₹2,361.89 lakh.
EPS for the period remained ₹0.16 (not annualised).