Apparels

US-based Tilly’s delivers stronger FY23 Q3; early Q4 momentum builds

Tilly’s has reported improved Q3 profitability despite a 2.7 per cent sales decline, with comps up 2 per cent and margins strengthening.
Net loss narrowed to $1.4 million.
Year-to-date sales fell 5.6 per cent, but losses reduced.
Liquidity reached $100.7 million.
Strong early Q4 trends support guidance, with expected comp growth of 4–8 per cent and further margin gains.

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US’ PVH Q3 revenue edges up 2%; narrows fiscal 2025 outlook

PVH has posted a two per cent Q3 revenue rise to $2.294 billion, though constant-currency sales dipped slightly.
Regional trends were mixed, wholesale grew and DTC was flat.
Margins fell on tariffs and promotions, pushing non-GAAP EBIT down.
EPS beat guidance, and PVH raised full-year EPS to $10.85–$11.00 while narrowing revenue guidance to the high end.

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How will FoC cap removal impact the Bangladesh RMG industry?

Bangladesh plans to scrap FoC import quotas, aiming to boost competitiveness, reduce production costs, and attract more global buyers.
Some industry insiders project an export surge of $5–10 billion, as quota removal allows for smoother sourcing.
However, there are some concerns among textile and accessory makers, who fear that increased FoC imports may curb demand for local inputs.

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Record silver rates: What’s triggering exception surge in white metal’s prices and what should investors do now?

On the MCX, silver has reached all-time high prices, marking a significant increase over the past months and years. Industry experts attribute this phenomenon to worldwide economic transformations, restricted supply chains, and a surge in demand from sustainable technologies. Investors are encouraged to navigate this market with caution, considering gradual investments while also securing some of their earnings.

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Sri Lanka’s garment exports grow as textile shipments ease in Jan-Oct

Sri Lanka’s garment exports grew 6.1 per cent to $4,111.1 million during January–October 2025, while textile exports dipped 2.6 per cent amid softer demand.
Combined textile-related exports reached $4,451.1 million, accounting for over half of industrial shipments.
October exports eased slightly, and imports showed mixed trends, with textile inflows falling and apparel imports rising.

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Germany’s Hugo Boss sets 2028 strategy, sees growth returning in 2027

Hugo Boss expects growth to return in 2027 as it launches Claim 5 Touchdown, a strategy focused on realignment in 2026 and stronger brand, distribution, and operational execution through 2028.
The plan targets €300 million (~$349.69 million) annual free cash flow, an EBIT margin of around 12 per cent, and improved efficiency to strengthen long-term profitable growth.

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US brand Nike debuts ACG Zegama crafted for wild, technical terrain

Nike’s new ACG Zegama is a rugged, ultra-distance trail shoe built with exposed ZoomX foam for max cushioning, an accommodating fit, a Vibram Megagrip outsole, and added protection including a rock plate and adaptive gaiter.
Tested by elite All Conditions Racing athletes across extreme terrain, it delivers stability, responsiveness and all-day comfort for technical, long-distance runs.

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Bangladesh’s apparel sector may face crisis similar to jute’s: BKMEA

The domestic apparel industry may face a crisis similar to the one witnessed by the country’s jute sector once, trade body BKMEA recently cautioned.
At a seminar, BKMEA president Mohammad Hatem said the ‘deceptive’ reforms in labour laws for this sector appear to have shown the ‘seeds of destruction’, just the way it happened to the jute sector.
The impact will be visible later, he noted.

Bangladesh’s apparel sector may face crisis similar to jute’s: BKMEA Read More »

Prada finalizes purchase of fashion rival Versace for $1.4 billion, launching new era

Prada Group has bought fashion house Versace for USD 1.375 billion. This deal brings Versace under the same umbrella as Prada and Miu Miu. The acquisition aims to boost Versace’s performance. Donatella Versace welcomed the move. Lorenzo Bertelli will lead Versace’s next phase. Prada plans to integrate Versace into its Italian manufacturing system.

Prada finalizes purchase of fashion rival Versace for $1.4 billion, launching new era Read More »

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