Apparels

Cambodia’s apparel imports rise 34% to $949 mn in Jan 2025

In January 2025, Cambodia’s apparel exports soared by 34.85 per cent to nearly $950 million, contributing significantly to the country’s foreign income.
Both knitted and non-knitted apparel saw substantial increases, indicating a robust start to the year amid rising global demand and demonstrating the industry’s resilience in a challenging economic climate.

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Saudi Fashion Commission launches ‘Sustainable Ihram Initiative’

The Saudi Fashion Commission launched the Sustainable Ihram Initiative at the Islamic Arts Biennale, focusing on recycling Ihram garments to create eco-friendly attire.
In collaboration with SIRC, Tadweem, Sanko Textile, and RE&UP, the initiative supports textile recycling and a circular economy.
Aligned with Saudi Vision 2030, it promotes sustainable fashion practices.

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Germany’s Puma unveils creativity pack with Neymar Jr & LaMelo Ball

Puma’s new Creativity Pack unites Neymar Jr and LaMelo Ball, blending football and basketball in a bold collection.
Featuring the FUTURE 8 boots and MB.04 shoes, both boast vibrant designs and top-tier tech for creative play.
The FUTURE 8 offers FUZIONFIT, GripControl Pro, and FLEXGILITY outsole, while the MB.04 features NITROFOAM and a striking mismatched look.

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US’ Crocs achieves $4.1 bn in FY24, driven by 7.2% DTC sales growth

Crocs, Inc, has reported revenues of $4.1 billion in FY24, up 3.5 per cent, with adjusted EPS rising 9.5 per cent to $13.17.
In Q4 FY24 overall revenue grew by 3.1 per cent, however, Heydude revenues fell 13.2 per cent.
For FY25, Crocs expects 2-2.5 per cent revenue growth, a 24.0 per cent adjusted operating margin, and EPS between $12.70-$13.15.
Capex is projected at $80-$100 million.

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COS expands garment recycling with denim capsule collection

COS’ garment-collection initiative repairs and recycles pre-loved clothing to extend its lifecycle.
The COS Restore programme cleans and resells gently used pieces, while unrepairable items are recycled.
COS REMADE debuts a denim capsule with five womenswear styles made from 20% reclaimed cotton, blending utilitarian design with artistry.
The collection highlights craftsmanship and timeless silhouettes.

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American company HanesBrands Inc’s gross profit rises 5.2% in FY24

HanesBrands has reported net sales of $3.51 billion for the full-year 2024, down 3.6 per cent YoY, with gross profit rising 5.2 per cent to $1.36 billion.
Q4 sales grew 4.5 per cent to $888.5 million.
Operating profit fell 30.2 per cent to $185.9 million.
Net loss widened to $320.4 million.
For 2025, the company expects net sales of $3.47-$3.52 billion and adjusted EPS of $0.51-$0.55.

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Gucci’s India manager Nader Wassel steps down; move comes amid parent co Kering, hit by falling sales

Gucci’s India head, Nader Wassel, has resigned amid restructuring by parent company Kering. The brand saw a 22% drop in profit in FY24, despite a slight increase in revenue and higher advertising spend. Globally, Gucci faces challenges with significant declines in sales and recent leadership changes.

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European apparel imports drop 7.24% in 2024 amid geopolitical tensions

In 2024, Europe’s apparel imports fell by 7.24 per cent to $208.525 billion amid geopolitical unrest.
China and Bangladesh increased their market shares in apparel, while shares for Turkiye, Germany, and Italy declined.
Home textile imports also decreased, but China expanded its market share.
Fabric imports dropped, with China again boosting its share.

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US’ Tailored Brands appoints new EVP & chief customer officer

Tailored Brands, Inc has appointed Whit Alexander as executive VP and chief customer officer, effective February 24, 2025.
Reporting to CEO Peter Sachse, he will drive growth through customer insights and marketing innovation.
Previously with McKinsey, Best Buy, and Target, Alexander brings expertise in brand strategy, analytics, and personalisation.
He looks forward to enhancing customer relationships.

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Israel’s Delta Galil’s sales grow 10% in 2024, surpasses $2 bn mark

Delta Galil has reported sales of $2,045.7 million in 2024, up 10 per cent YoY, with gross profit at $856.3 million.
Gross margin rose to 41.9 per cent due to higher private label and DTC sales.
EBIT reached $169.2 million, and net income grew 11 per cent to $94.6 million.
Q4 sales rose 18 per cent to $599.2 million.
For 2025, sales are forecast at $2,118-$2,165 million, with EPS at $3.92-$4.15.

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