Apparels

Weak demand, inflation weigh on retail sector: Kavindra Mishra, Shoppers Stop MD

India’s retail market saw slower demand post-Diwali due to persistent inflation despite a festive boost, affecting retail giants like Shoppers Stop. Although premium segments showed growth, overall consumer sentiment remained subdued. Industry experts predict recovery by FY26 with improved income levels and controlled store expansions.

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Organized jewellery sector expected to see growth in high teens; may reach 50% market share by FY29: Ind-Ra

Organized jewellers in India are poised for significant revenue growth by FY26, driven by steady demand, strategic expansion, and market share gains. The sector is expected to capture 50% of the market by FY29, with improved credit metrics and robust growth in tier-2 and tier-3 cities.

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Cambodia’s GFT exports rise 23.78% YoY to $13.74 bn in 2024

Cambodia’s exports of garments, footwear and travel goods were worth $13.74 billion in 2024—a YoY rise of 23.78 per cent.
Its total export earnings were worth $26.19 billion last year; 52.46 per cent came from the sector.
This trend is expected to continue this year.
Export of knitted apparel articles and clothing accessories and non-knitted apparel earned $6.63 billion and $3.15 billion in 2024.

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ABFRL approves Rs 2,400 crore preferential issue for promoters, QIB

Aditya Birla Fashion and Retail Limited approved issuing shares worth about Rs 2,379 crore to promoters and qualified institutional buyers. Shares will be issued to the promoter group and QIBs, increasing Pilani Investment and Industries shareholding. The company will continue with its retail business and ethnic brands, while its lifestyle and sportswear brands will be part of ABLBL.

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Lululemon, American Eagle log strong sales in discount-heavy holiday season

Retailers like Lululemon, Abercrombie & Fitch, and American Eagle saw increased holiday-quarter sales due to cost-conscious shoppers. However, heavy discounting raised concerns about their profit margins. Online spending during the holiday season exceeded initial forecasts. Companies like Macy’s struggled while others like Nordstrom benefited from discounts. Mobile shopping and AI-enabled tools helped consumers find the best deals.

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India said to promote its textiles as political crisis hits Bangladesh’s exports

India plans to enhance its textile and garment industry with financial support, reduced tariffs on crucial inputs, and local production incentives in its upcoming budget. The political turmoil in Bangladesh has led global retailers to consider India as an alternative, leading to increased export orders for Indian garment producers. The government may raise textile ministry budget allocation and production-linked incentives.

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Industrial demand to drive silver; geopolitical instability could be positive trigger for gold: Report

Gold and silver demand in 2025 will be influenced by global factors. Gold demand is driven by concerns over European debt, geopolitical instability, and central bank buying. Silver demand will increase due to industrial uses in green economy applications, including photovoltaics and EVs. Rate cuts, Chinese recovery, and silver ETF inflows are additional positive factors.

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