Apparels

Fibarcode, a University of Michigan spinout, is developing photonic-fibre barcodes woven into fabrics to improve recycling and prevent counterfeiting.
Supported by a $1.6 million NSF grant, it is launching pilot programmes and seeking partners.
The patented technology, co-invented by Brian Iezzi, encodes material and supply-chain data directly into textiles.

boAt is significantly increasing its local manufacturing in India. Domestic production now stands at over 75 percent of its total output. This expansion is supported by making more parts like PCBs and batteries in India. A joint venture with Dixon Technologies is key to this growth. The company expects cost savings and better quality control through these efforts.

Tailored Brands announced leadership changes to support long-term growth.
Mike Baughn, with nearly 20 years of retail finance experience at Foot Locker and Kohl’s, will become executive vice president and CFO from December 01, 2025.
The company also elevated Karla Gray to executive vice president and COO, expanding her remit to include supply chain and technology as it advances operational excellence.

The Bangladesh Labour (Amendment) Ordinance 2025 revises labour laws extensively by lowering union formation thresholds, banning gender-based pay gaps, introducing mandatory social security schemes, etc.
Some trade bodies reportedly cautioned that the low thresholds may destabilise workplaces, hurt export performance, deter foreign investment, and undermine previously agreed TCC frameworks.

The government’s decision to remove Quality Control Orders on polymer and fibre intermediates will lower raw material costs for India’s readymade garment sector, boosting cheaper imported yarn supply. This move offers relief to tariff-hit textile segments, especially garments, by providing access to more competitively priced imports, though it may increase competition for domestic polyester yarn producers.

The Bangladesh Export Processing Zones Authority (BEPZA) has signed land lease agreements with two Hong Kong–China–owned companies—DJ Copper and GRX Technology—to set up new industrial units in the BEPZA Economic Zone with a combined investment of $70.66 million.
The projects will employ 1,105 Bangladeshis and boost light engineering and garment accessories manufacturing.

India’s Muthoot clan is experiencing a surge in wealth as their gold loan business thrives amid rising bullion prices. Consumers are leveraging their jewelry for cash, pushing Muthoot Finance’s stock to record highs and boosting the family’s fortune. The company faces increasing competition but remains confident in the expanding market.

India’s textile exports saw a significant drop in October. High US tariffs are impacting shipments. Industry groups are urging the government for support. Measures like extending schemes and creating a diversification fund are proposed. Exporters face challenges with reduced orders and discounts. The situation is expected to continue in the coming months.

The accused persons were identified as former director of the company Rakesh Rawat, its former employee Sameer Khandelwal, resolution professional Amit Gupta, new purchaser Arpit Khandelwal, Plutus Investments and Holding Ltd and others, an official said on Wednesday. The accused conspired and allegedly undervalued the company’s assets and deliberately delayed the auction process by two years to bring down its market value so that Khandelwal could purchase the company, an official said.

Bangladesh’s T-shirt exports to the US have expanded notably, rising to 8.94 per cent of apparel shipments in January–July 2025, up from 8.16 per cent a year earlier.
Export value increased to $444.88 million, pushing T-shirts from the fifth position in 2023 to the third spot in 2025.
The shift reflects rising US demand for basics and value-driven apparel.