Apparels

Birkenstock has reported revenue of €402 million (~$478.4 million) in Q1 FY26, up 11.1 per cent YoY and 17.8 per cent in constant currency, exceeding guidance.
Growth was broad-based across regions and channels, led by strong holiday demand.
Net profit surged 151 per cent to €51 million (~$60.5 million).
The company reaffirmed its three-year growth and profitability targets.

Commerce and Industry Minister Piyush Goyal said India will receive concessional duty access for garments made using American yarn and cotton under the proposed interim trade agreement with the US, similar to benefits given to Bangladesh. Indian companies importing US raw materials to manufacture garments for re-export to America will get duty-free access, with no quota on cotton imports.

Hungary’s apparel imports rose 7.16 per cent year on year to $1,809.385 million in January–November 2025, surpassing the 2024 full-year level and signalling steady retail and re-export demand.
Germany, Spain and China were the top suppliers, alongside strong regional sourcing from Slovakia and Slovenia.
Apparel exports increased to $971.246 million.

Eyewear firm Lenskart reported a significant jump in profit after tax to Rs 132.7 crore for the December quarter. Revenue also saw a substantial increase of 38 percent. Both India and international markets contributed to this growth. The company’s international segment is showing strong performance, outpacing India’s historical profitability. Lenskart also announced employee stock option plans.

Erojim Investments Limited, a firm based in Nigeria’s Abia state dealing in fabrics, garments and leather shoes, is keen on partnering with the Akwa Ibom state government to produce footwear and garments.
The proposed partnership is expected to produce 1,500 pairs of shoes and 500 pieces of clothing daily.
The firm hopes to make deeper inroads into Akwa Ibom and neighbouring states in the next few years.

~ Brand Connect Initiative ~

BGMEA and AmCham Bangladesh have welcomed the signing of a reciprocal tariff pact with the US, terming it as a positive development for the apparel sector.
Garments manufactured using US inputs will be exempt from such tariffs and that will improve Bangladesh’s market access to the US, BGMEA noted.
The provision can encourage deeper supply-chain integration and promote value addition, AmCham said.

The funding round, which comprised a mix of equity and debt, also saw participation from Zephyr Peacock along with existing investors Jungle Ventures, Accion Ventures and NBD Ventures. The company plans to deploy the capital to enhance and scale its platform, expand its reach to a wider customer base and market segments, enhance its supply chain, and drive other growth initiatives.

The proposed Bangladesh–US trade understanding offering near zero-tariff access for garments has sparked debate in India’s textile sector.
While Bangladesh may gain a price edge in basic apparel, industry leaders believe the effective advantage could be limited to 2–3 per cent due to raw material dependence, capacity constraints and logistics costs.

Kewal Kiran Clothing Limited has reported an 18 per cent YoY rise in Q3 FY26 revenue to ₹301.1 crore (~$33.26 million), with EBITDA up 34.2 per cent and PAT surging 45.3 per cent, supported by margin expansion.
For 9M FY26, revenue grew 24.4 per cent to ₹889 crore (~$98.2 million).
The company expanded its retail network, declared an interim dividend, and said Labour Code changes had no material impact.