Apparels

Indian jewellers could earn an additional 0.75%-1% commission under a revamped Gold Monetisation Scheme (GMS) proposed by the India Bullion and Jewellers Association (IBJA). Under the proposal, jewellers would collect customers’ old gold, pass it to refiners and receive a direct incentive, encouraging them to actively promote the scheme.

UNIDO data show global manufacturing rose 3.1 per cent in Q1 2026, while apparel output fell nearly 3 per cent and ranked second weakest.
TexPro says selected apparel exports from nine economies dropped $1.16 billion to $44.30 billion, with non-knitted garments driving 82 per cent of the loss.
India and Türkiye made up about 67 per cent of the contraction; April exports across eight TexPro

Pearl Global Industries posted record Q1 FY27 results, with consolidated revenue rising 24.5 per cent year on year to ₹1,528 crore (~$160.6 million).
EBITDA went up 44.1 per cent and PAT increased 51.4 per cent.
Record garment shipments, expanding margins, capacity additions and diversified manufacturing across five countries supported growth despite geopolitical uncertainties.

EU DPP rules are set to change apparel competition in Europe, requiring data on materials, substances and traceability.
Across Asia, Bangladesh builds capability, India links DPP to opportunity, Vietnam lags, and Turkey uses compliance infrastructure.
EU27 imports in January-April 2026 rose fastest from Vietnam at 15.8 per cent; China rose 8.6 per cent and Bangladesh fell 7.1 per cent.

Athleta is San Francisco Ballet’s official athletic apparel partner, linking women’s performance apparel with dance storytelling.
A social series will feature principal dancers Madeline Woo and Nikisha Fogo in Athleta product across its channels.
Support for scholarships, school outreach and free Bay Area workshops expands movement access for women and girls; the first workshop is in September.

Bangladesh trade body BGMEA and the Overseas Chinese Association in Bangladesh (OCAB) have launched an initiative to attract Chinese investment into the RMG sector.
The initiative’s focus is on strengthening backward-linkage industries, reviving struggling factories and promoting joint ventures.
OCAB feels more FDO is needed for modernising the upstream supply chain for Bangladesh’s garment industry.

Delta Galil Industries has achieved record results in the second quarter of 2026, with revenue rising 7 per cent year on year to $570.6 million and net income increasing 13 per cent to $24.2 million.
Operating margin improved to 8.2 per cent, driven by strong performance in branded and private label segments.
The company raised its full-year 2026 revenue and profit guidance.

Gap Inc. has partnered with Chalhoub Group to bring Gap, Banana Republic and Athleta to customers across the GCC.
The alliance pairs Gap Inc.’s brand direction with Chalhoub Group’s regional, digital and omnichannel capabilities.
Online launches are planned this year in the UAE, Saudi Arabia and Kuwait, with regional stores due next year.

China’s garment, footwear, headwear and knitted textile retail sales topped 1.5 trillion yuan in 2025, up 3.2 per cent, as exports fell 2.4 per cent.
Domestic apparel brands raised share from 35.8 per cent in 2020 to 56.1 per cent by 2024, with guochao demand behind the shift.
Gen Z, social commerce, AI-personalised recommendations, athleisure and livestreams are reshaping apparel e-commerce.

Following the acquisition, Furrl’s technology will be integrated into Reliance Retail’s ecosystem to serve a significantly larger consumer base. The startup’s team will work on scaling its AI capabilities while contributing to Reliance Retail’s broader commerce and artificial intelligence initiatives.