Apparels

US apparel imports fell 9.3 per cent in January–May 2026, but Cambodia (+15% value, +18% volume) and Indonesia (+5.5%, +13%) expanded market share.
Bangladesh remained the No. 2 supplier, yet exports fell 8.1 per cent by value and 6.2 per cent by volume.
China’s exports plunged 42.8 per cent, with sourcing shifting mainly to Cambodia, Indonesia and Vietnam.

India’s textile sector exports from 550 districts, showing resilience amid global uncertainty. The government’s export diversification strategy targets 40 key nations for sustained growth. Bharat Tex 2026 event attracts buyers and investors from 130 countries worldwide. India aims for a USD 350 billion textile market by 2030, with USD 100 billion exports. Free trade agreements and ease of doing business reforms enhance global competitiveness.

US apparel imports from China fell 42.8 per cent in January–May 2026 despite China offering the lowest average import value at $1.43 per SME.
Buyers increasingly prioritised tariff certainty, compliance and supply-chain resilience over cost, shifting orders to higher-priced sourcing markets while using China’s low benchmark to negotiate elsewhere.

The April-June quarter also showed weak trends for these exports. Cumulative exports for the first quarter of FY27 declined year-on-year.

Kalyan Jewellers shares surged another 4% on Tuesday, taking their five-day gain to 50% after the company’s strong Q1 business update. The rally, which added over Rs 18,200 crore to its market value, was driven by better-than-expected quarterly performance.

The sale was done on July 10 through open market transactions, taking Temasek’s stake in Lenskart down to 4.75% from 6.8% earlier. On July 10, Lenskart’s stock closed at Rs 543.65 on the National Stock Exchange.

Mumbai-based Juliet Apparels Pvt. Ltd. owns the women’s innerwear brand ‘Juliet’. The dispute is between two branches of the family that founded the company.

Cambodia has advanced its first comprehensive occupational safety and health law after a tripartite consultation in Phnom Penh.
The draft consolidates more than 20 existing legal instruments, signalling a potential compliance shift for employers and sourcing teams.
The ILO-backed process seeks alignment with international labour standards and stronger workplace safety systems.

The Supreme Court declined to halt a Securities Appellate Tribunal order concerning Bombay Dyeing. SEBI’s plea challenging the tribunal’s decision was issued notice by the court. The tribunal had previously overturned SEBI’s regulatory directions against the company and its promoters. This ruling involved transactions between Bombay Dyeing and SCAL Services Limited.

The foundation stone for a $62.7-million garment manufacturing hub by Lux Industries in Dankuni in West Bengal’s Hooghly district was recently laid.
The Lux Cozi expansion project will transform the 800,000-sq-ft unit into a 2-million-sq-ft integrated manufacturing campus.
It will add an annual production capacity of 200 million garment pieces, boosting the group’s annual capacity to 360 million.