Apparels

Dick’s Sporting Goods and Foot Locker announced preliminary results of shareholder elections for their merger.
Around 92.6 per cent of Foot Locker shareholders opted for stock consideration (0.1168 Dick’s shares per Foot Locker share), while only 1.2 per cent chose cash consideration of $24 per share.
Shareholders who did not elect will receive cash, and fractional shares will be settled in cash.

The Clothing Manufacturers Association of India (CMAI) expresses concern over the proposed GST hike on garments priced above Rs 2,500, fearing it will negatively impact the middle class and organized garment manufacturers already struggling with tariff wars.

The New York-based private equity firm is in talks to buy 10% in Kalyan’s lifestyle brand for Rs 850 crore. It will buy part of the stake from Kalyan Jewellers, while the rest will be newly issued shares in Candere.

Sri Lanka’s garment exports rose 9 per cent to $2.85 billion in Jan–Jul 2025, driven by strong apparel demand, while textile exports dipped 4.8 per cent.
Combined textile and garment exports made up over half of industrial shipments.
July saw an 8.3 per cent export rise, while apparel imports surged 35.2 per cent, signalling a revival in domestic consumption.

Uniqlo is restructuring and expanding its UNIFORM business to meet rising demand, with over 20,000 companies, schools, and sports teams expected to adopt its clothing by FY2026.
Offering practical, affordable, and high-quality apparel, the brand is enhancing sales, production, and delivery systems to redefine uniforms for work, education, and sports through its LifeWear philosophy.

“I’m proud to be part of it, not just because it’s a milestone for me, but because it represents Indian presence in the European global fashion space,” Khatter told ETRetail.

Crocs, Inc has appointed Patraic Reagan as executive VP and CFO effective September 22, 2025, succeeding Susan Healy.
Reagan, with nearly 30 years’ experience at firms including SharkNinja and Nike, will oversee finance, planning, and investor relations.
He emphasised growth potential across Crocs and HeyDude brands.
The company has reaffirmed its Q3 2025 outlook.

Primark has opened its first standalone Home store in Great Britain at Manchester’s Trafford Palazzo, spanning nearly 12,000 sq ft over two floors.
The store offers bedding, décor, storage and a mezzanine travel section.
The launch featured live entertainment and voucher giveaways, while Trafford Palazzo and Market Street stores also received upgrades, marking Primark’s lifestyle push.

Nike has been named the world’s strongest apparel brand with a BSI score of 94.7, and the second strongest brand globally across all sectors, per Brand Finance 2025.
Chanel overtook Louis Vuitton as the most valuable apparel brand at $37.9 billion.
France’s nine brands contribute 37 per cent of total value.
Reebok is the fastest-growing brand.

Indian clothing retailers are experiencing supply shortages. This is due to the ban on road imports from Bangladesh. The new policy allows imports only through seaports. This change has caused delays of 2-3 weeks. Retailers are now stocking fresh collections. The impact is visible as they manage end-of-season sales.