Apparels

BGMEA told the President that nearly 400 garment factories have closed in Bangladesh over three years, as production costs rose almost 40 per cent.
Inadequate gas supplies, higher energy tariffs, wages and bank interest rates are forcing many factories to operate below half capacity.
Garment exports contracted 1.64 per cent in FY2025-26 and fell 1.92 per cent in July of FY2026-27.

PVH’s Q2 FY26 revenue fell 3 per cent to $2.10 billion, but non-GAAP EPS of $3.70 beat guidance as gross margin reached 63.0 per cent.
DTC gains in the Americas and APAC, e-commerce growth and tariff refunds offset weaker wholesale, licensing declines and EMEA pressure.
The Calvin Klein and Tommy Hilfiger owner reaffirmed FY26 guidance, with Q3 revenue seen down low single digits YoY.

Lululemon’s Q2 FY26 revenue fell 4 per cent YoY to $2.42 billion, but gross margin rose to 60.5 per cent as tariff refunds supported profit.
Americas softness led the decline, with revenue down 8 per cent and comparable sales down 12 per cent; international revenue grew 4 per cent.
FY26 guidance was cut to $10.35-$10.50 billion, a 5-7 per cent fall, with Q3 sales expected to drop 10-11 per cent.

UK apparel imports from Bangladesh fell 15.9 per cent to $320.6 million in June 2026; Pakistan rose 36.3 per cent and Vietnam advanced 14.7 per cent.
H1 data shows Bangladesh still up 1.5 per cent, Pakistan down 4.8 per cent and Vietnam up 10.8 per cent.
Roughly 77 per cent of Bangladesh’s June decline came from HS62 woven apparel, but TexPro does not show a simple transfer to Pakistan.

Lululemon shares tumbled about 18% after the athleisure company cut its full-year outlook again and missed quarterly sales estimates. Sales in the Americas fell 8%, while leggings declined about 20%, adding pressure on incoming CEO Heidi O’Neill to revive the brand.

Garment exports from Sri Lanka reached $2,673.5 million in January-July 2026, down 6.1 per cent from $2,848.5 million a year earlier.
Textile exports fell 7.0 per cent to $156.0 million, while other manufactured textile articles eased 14.4 per cent to $60.8 million.
Textiles, garments and other manufactured textile articles made up 45.28 per cent of Sri Lanka’s industrial exports in the period.

The Landmark Group-owned retailer now has 540 stores and expects its core Max business to grow in the mid-teens this fiscal, with the broader group growing in the early 20s, according to Sumit Chandna, CEO, Max Fashion.

Syre’s planned US$1 billion Vietnam complex is designed for 100,000–250,000 tonnes of recycled PET pellets annually and about 600 jobs.
Construction is targeted for 2027, with operations around 2029, backed by ABB engineering and offtake commitments from Nike, H&M and others.
Carbios’ €230 million Longlaville plant faces financing delays, while it pivots to a 50,000-tonne China joint venture.

Bangladesh’s Import Policy Order 2026–2029 sets garment export value-addition thresholds of 10 per cent to 40 per cent by product, FOB value and sourcing.
FOC-based synthetic-fibre garments and underwear reportedly face 40 per cent, while children’s wear doubles to 30 per cent.
The policy aims to deepen backward linkages, but exporters warn MMF, utilities and thin margins could test

Sterling Group appointed Xie Jianfeng executive director and Cai Zhenhua independent non-executive director from September 2, 2026.
The Hong Kong apparel company said board changes aim to strengthen governance and support compliance with listing regulations.
Cai chairs remuneration and nomination committees and joins audit; Xie remains vice president of administration and a subsidiary director.