Apparels

The UK’s clothing imports in September 2024 fell by 11.90 per cent year-on-year to £1.273 billion, with Q3 imports down 10.21 per cent annually to £3.755 billion.
Textile fabric and fibre imports also declined compared to 2023 levels.
Annual clothing imports in 2023 dropped by 25.94 per cent to £15.702 billion, reflecting a continued downturn in the UK’s textile and apparel trade.

Cambodia’s apparel exports grew by 23.6 per cent to $8 billion in the first ten months of 2024, making up over 37 per cent of its total foreign income.
Exports of both knitted and non-knitted apparel saw strong year-on-year growth.
Imports of fabrics and fibres also rose significantly.
Despite global economic challenges, Cambodia’s textile sector remains resilient, marking a significant recovery.

Despite the upcoming holiday season, German retailers expect subdued demand, with orders up by just 1.9 per cent year-over-year, per Setlog.
Forecast nominal sales growth for 2024 is 1.3 per cent, effectively zero in real terms.
Rising freight costs and strong competition from Chinese e-commerce giants are concerns.
Asia remains crucial for production despite rising costs.

Epic Group has restructured its leadership team, appointing Sunil Daryanani and Dinesh Virwani as executive vice chairmen, and Suraj Kalra as CEO to drive its strategic objectives.
Led by founder Ranjan Mahtani, the committee also includes leaders in finance, HR, procurement, and digitalisation, aiming to strengthen Epic’s global presence, improve operations, and enhance stakeholder value.

H&M is partnering with Glenn Martens for an Autumn 2025 collection.
Known for merging streetwear and couture, Martens joins a line of iconic designers H&M has collaborated with since 2004, when it launched its first designer collection with Karl Lagerfeld.
This initiative has made top-tier fashion accessible, reflecting each designer’s unique vision and values across two decades of partnerships.

PUMA and Coperni’s second collection fuses fashion, sportswear, and tech, reimagining classic PUMA designs with a futuristic approach.
Highlights include the eco-friendly Asymmetrical Gown, T7 Jacket and Pants with Coperni’s knot design, and a hoodie with cat ears.
Footwear like the Speedcat and 90SQR, plus a reimagined Swipe Bag, showcase bold colours and co-branded details.

Nike’s Cosmic Runner redefines kids’ running shoes with durability, comfort, and standout style.
Featuring unique 3-D haptic printing, a reinforced toe, and Nike Grind rubber outsole, it’s built for all-day play.
With flexible preschool and toddler versions, the Cosmic Runner inspires confidence, fuelling kids’ love for running and their pursuit of greatness.

Gokaldas Exports has reported an 85 per cent YoY revenue increase in Q2 FY25, with total income reaching ₹941.8 crore (~$111.6 million) and PAT at ₹28.2 crore, a 19 per cent rise.
EBITDA grew 48 per cent to ₹82.4 crore (~$9.77 million), though margins declined by 222 bps to 8.7 per cent.
H1 FY25 revenue surged 82 per cent to ₹1,881.5 crore (~$223.0 million), with PAT slightly down by 2 per cent YoY.

Wacoal Holdings has reported revenue of ¥90,167 million (~$586.1 million) in H1 2024, down by 5.2 per cent YoY.
Gross profit fell 4.9 per cent to ¥51,056 million (~$331.86 million).
Domestic revenue dipped 4.8 per cent to ¥45,006 million, while overseas revenue declined 1.4 per cent to ¥34,549 million.
The company’s business profit was ¥2,304 million, down 39.6 per cent YoY in its overseas segment.

Chic Wings (BD) Lingerie Co Limited, a Singapore-China joint venture, will invest $18 million to set up a garment manufacturing plant in BEPZA Economic Zone, Chattogram.
The company plans to produce 30 million garments annually and create 3,000 jobs.
The agreement was signed on November 12, with BEPZA.
BEPZA EZ hosts 36 companies with a total investment of $868.5 million.