Apparels

Nepal’s LDC graduation raises job loss concerns in garment sector

Nepal’s LDC graduation in 2026 may disrupt employment, with up to 132,000 jobs at risk, according to the ILO.
Manufacturing, especially garments, will be most affected, with women disproportionately impacted.
Industry leaders cite policy gaps and weak infrastructure as key constraints.
Calls for reforms, including the Green Garment Village, are growing.

Nepal’s LDC graduation raises job loss concerns in garment sector Read More »

US’ Levi Strauss beats guidance with robust 14% Q1 revenue growth

Levi Strauss & Co has reported strong Q1 2026 results, with net revenues rising 14 per cent YoY to $1.74 billion and organic growth at 9 per cent.
DTC remained a key driver, contributing 52 per cent of sales.
Profitability improved, with net income reaching $177 million.
Backed by broad-based regional growth, the company raised its full-year outlook.

US’ Levi Strauss beats guidance with robust 14% Q1 revenue growth Read More »

Iran war-related fuel crisis hits Bangladesh garment exporters hard

Bangladesh’s heavy reliance on imported fuel has left it highly exposed to disruptions from the Iran conflict, amid reports of fuel shortages disrupting production and transportation.
Economists reportedly cautioned that a slowdown in industrial production could trigger a chain reaction, resulting in job losses and reduced export earnings.

Iran war-related fuel crisis hits Bangladesh garment exporters hard Read More »

Bangladesh garment exports down, March sees steeper drop

Bangladesh’s RMG exports fell 5.51 per cent to $28.58 billion in July–March FY26, with knitwear declining more sharply than woven apparel.
March saw a steep 19.35 per cent drop amid geopolitical disruptions.
Cotton product exports also weakened significantly, while home textiles remained largely stable despite a marginal dip.
Overall export concentration in apparel stayed high.

Bangladesh garment exports down, March sees steeper drop Read More »

Kalyan Jewellers shares jump 4% on strong Q4 numbers, Candere revenue spikes 360%

In India, the business recorded revenue growth of over 65% in Q4 FY2026 versus the year-ago period, led by robust same-store sales growth across key markets. The company said both wedding and discretionary demand remained strong despite volatile gold prices, with same-store sales growth exceeding 45% during the quarter. For the full year, the India business reported revenue growth of about 43%.

Kalyan Jewellers shares jump 4% on strong Q4 numbers, Candere revenue spikes 360% Read More »

South Korea’s apparel imports rise slightly to $1.9 bn in Jan-Feb

South Korea’s apparel imports rose 1.79 per cent to $1.982 billion in January-February 2026, with February alone up 6.3 per cent.
Growth was driven by both knitted and non-knitted segments.
Meanwhile, textile exports, including man-made filaments and knitted fabrics, declined due to weak global demand and rising competition.
Overall apparel imports fell slightly in 2025, despite growth in 2024.

South Korea’s apparel imports rise slightly to $1.9 bn in Jan-Feb Read More »

Lower tax rates for Bangladesh RMG exporters may not last longer: NBR

Bangladesh’s National Board of Revenue has said the reduced corporate tax rates of 10-12 per cent being imposed on the RMG sector now may not last longer.
At a pre-budget meeting with stakeholders, it indicated a gradual return to the standard 27.5-per cent rate.
AmCham Bangladesh proposed rationalising the 1-per cent minimum tax on annual turnover and lowering tax rates for offshore banking units.

Lower tax rates for Bangladesh RMG exporters may not last longer: NBR Read More »

Shopping Cart