Apparels

US Customs and Border Protection will launch on April 20 an electronic system that importers can use to claim tariff refunds authorised by court order or applicable law.
Phase 1 will be limited to certain unliquidated entries and certain entries within 80 days of liquidation.
Refunds will be issued within 60-90 days of the Consolidated Administration and Processing of Entries declaration getting accepted.

Bangladesh RMG players have urged the government to remove restrictions on sourcing raw materials free of cost (FOC) from local suppliers.
Industry leaders said allowing FOC sourcing from domestic suppliers would boost local sales, strengthen backward linkage industries and raise overall value addition in the export-oriented sector.
Many local suppliers can provide inputs now against global orders.

Luxury brands are feeling the impact of the Middle East conflict. Travel disruptions are affecting sales at Dubai malls and other regional hubs. This is a setback for companies relying on these high-margin channels. The situation is expected to worsen if the conflict continues. Analysts are watching closely as recovery from the pandemic is already underway.

Lab-grown diamond brand Limelight to open 25 stores in the first quarter of FY26, taking its total retail footprint to over 85 outlets across India, as it accelerates its push in the fast-growing sustainable jewellery segment.

The total gems and jewellery exports in March 2025 were USD 28,669.53 million (Rs 2,42,559.39 crores), according to the Gem and Jewellery Export Promotion Council (GJEPC) data.

Sosandar reported FY26 revenue of £42.3 million (~$57.53 million), up 14 per cent, driven by strong online growth, with own-site sales rising 24 per cent.
The company returned to profitability with PBT of £0.4 million (~$0.54 million) and improved margins.
Despite slightly missing revenue expectations, performance remained solid.
Strong third-party sales supported confidence in profitable growth.

Puma has appointed James Carnes as senior vice president creative direction.
Reporting to Maria Valdes, he will oversee creative direction, innovation, and product excellence.
With over two decades of experience, including leadership roles at Adidas, he will align design strategy with business goals to strengthen Puma’s global brand appeal and market position.

Global quarterly sales at the owner ​of brands including Louis Vuitton and Dior, Bulgari jewellery and ​Hennessy, rose by 1% when adjusted for currency swings, slightly below analyst estimates of a ​1.5% rise, according to ⁠a Visible ‌Alpha consensus.

Primark has launched Circular Product Standard 2.0 to expand circular fashion across its range.
The framework focuses on durability, sustainable materials and recyclability, covering nine product categories.
In FY 24/25, 5 per cent of products were circular by design, including 20 per cent of jersey.
A new ‘Progressive’ level raises standards, backed by training and practical design improvements.

“The fall in prices has encouraged consumers to step in and make advance bookings,” said Suvankar Sen, managing director of Senco Gold, adding that demand momentum is picking up across key markets.