Apparels

Hong Kong’s Epic Group announces major leadership reshuffle

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.

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Germany’s H&M teams up with Glenn Martens for 2025 designer collection

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.

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German brand Puma & Coperni launch futuristic second collection

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.

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US brand Nike introduces Cosmic Runner built for kids’ all day comfort

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.

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India’s Gokaldas Exports’ Q2 FY25 income up 85%, profit grows 19% YoY

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.

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Japan’s Wacoal Holdings reports $586.1 mn H1 revenue, down 5.2% 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.

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Singapore-China joint venture to invest $18 mn in BEPZA

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.

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German brand Puma honoured in 2024 Laureus Sport for Good Index

The 2024 Laureus Sport for Good Index honours brands advancing the 17 SDGs through sport, highlighting impactful initiatives that address key social and ecological issues.
Head of Partnerships Astin Ewington emphasises the Index’s role in showcasing sport’s power to drive positive change, inspiring more brands to use sport as a platform for meaningful, sustainable impact.

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74% of online products in UK feature green claims: BRC & Provenance

Seventy-four per cent of online products in the UK feature green claims, averaging 2.9 claims per product, according to BRC and Provenance research.
Nature-related claims were most prevalent, while carbon-related claims were few.
To support compliance, BRC and Provenance are launching Retailer Green Claims Forum, promoting transparency in green marketing.

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S Korea FTA may boost Philippines’ garment exports to $1 bn in 2025

The Philippines’ apparel exports are projected to reach $1 billion next year, backed by an expected boost from the FTA with South Korea expected to be effective in Q1, the Foreign Buyers Association of the Philippines said.
It believes the FTA will attract South Korean players to set up units in its economic zones and domestic manufacturers can penetrate the zero-tariff Korean apparel market.

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