Apparels

Bangladesh is reportedly simultaneously pursuing an EU free trade agreement and GSP Plus status to protect its exports as duty-free access ends after LDC graduation.
With the EU buying nearly half its exports, delays in an FTA and stronger competition from India and Vietnam, stakeholders believe, could erode the country’s hard-won edge in its biggest market.

Amazon’s $80 bn export goal arrives as US tariff changes weaken China’s direct-to-consumer advantage, giving Indian apparel MSMEs a rare opportunity to expand through marketplace exports.
The opportunity may be short-lived. Section 122 expiry and ongoing US legal challenges could quickly alter India’s tariff advantage, making faster exporter onboarding and pricing discipline critical.

The company said it will utilise the capital to expand its company-owned retail network, invest in product design and innovation, strengthen talent and enhance its omnichannel capabilities.

The outlet houses the company’s key brands, including Sparx, Flite, Bahamas, Boston and Maryjane. According to the company, the refreshed format focuses on improving product visibility, simplifying navigation and creating a more engaging shopping environment.

India has amended two footwear Quality Control Orders for leather, rubber, polymeric and other footwear and components.
The legacy stock clearance deadline moves to July 31, 2027, giving manufacturers, distributors and retailers more time to liquidate inventory.
Footwear makers may import up to 4,500 sample pairs annually for R&D, subject to non-sale and record rules.

Italy’s apparel exports continue to grow, but Florence’s fashion manufacturing base is shrinking as workshops close and skilled jobs disappear.
The gap highlights how rising export values do not necessarily sustain suppliers.
Long-term competitiveness depends on ensuring more value reaches manufacturers, protecting specialist skills and strengthening resilient local production.

India’s embroidery exports are expanding rapidly, with over one-third shipped to Italy and France, underscoring its key role in luxury fashion supply chains.
Yet customs origin rules often credit only the final manufacturing country.
As traceability evolves, recognising craftsmanship alongside manufacturing could become a new source of value in global fashion.

Howrah (West Bengal) [India], Iris Clothings Limited (NSE: IRISDOREME), one of India’s leading branded kidswear companies, to acquire a 51% stake in Infinia, an established men’s and women’s athleisure brand.

The amendments were made in the Footwear made from Leather and other Materials (Quality Control) Order, 2024, and the Footwear made from All Rubber and all Polymeric Material and its Components (Quality Control) Order, 2024.

Jewellery stocks surged significantly on Thursday, defying broader market weakness. Companies reported robust business updates for the April-June quarter, showcasing resilience. Senco Gold and Kalyan Jewellers posted strong revenue and same-store sales growth. Despite macroeconomic challenges, demand for organised players remained healthy. Investors are advised to focus on fundamentally strong, organised jewellery companies.