Apparels

Canada’s Lululemon unveils team Canada kit for Milano Cortina 2026

Lululemon unveiled Team Canada’s new Milano Cortina 2026 athlete kit, its third Games as Official Outfitter, developed with two years of athlete testing to enhance thermoregulation, adaptive design, and Canadian-inspired styling.
The launch includes a retail line and Future Legacy products that support Olympic and Paralympic foundations through ten per cent of sales.

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US apparel brand PVH announces CFO transition, reaffirms 2025 outlook

PVH Corp has announced the exit of CFO Zac Coughlin, who will stay through year-end and join the upcoming Q3 earnings call.
A global search has begun for his successor, with Melissa Stone appointed Interim CFO.
CEO Stefan Larsson thanked Coughlin for driving the PVH+ Plan and affirmed confidence in Stone.
The company reaffirmed its Q3 and full-year 2025 revenue and earnings guidance.

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Finland’s Amer Sports’ Q3 revenue jumps 30% on strong regional growth

Amer Sports has delivered a strong Q3 and 9M 2025, with Q3 revenue up 30 per cent to $1,756 million and broad-based regional and channel growth.
Margins improved sharply, while net income rose 156 per cent to $143 million.
9M revenue grew 26 per cent, with net income reaching $306.9 million.
Strong Salomon and Arc’teryx momentum led the company to raise its full-year revenue, margin and EPS outlook.

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HRX, Frido team up to launch barefoot sock shoe, deepen play in functional footwear

HRX is stepping into a new era by partnering with Frido, a trailblazer in ergonomic direct-to-consumer footwear solutions. Together, they’ve crafted the Frido x HRX Barefoot Sock Shoe, merging the principles of movement-driven exercise with a commitment to barefoot design. This innovative shoe promises to deliver on natural movement, comfort, and resilience.

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Hungary’s apparel imports fall as Europe remains dominant supplier

Hungary’s apparel imports dipped in early 2025 as inflation, weak consumer demand and disruptions linked to the Russia–Ukraine conflict weighed on trade.
Europe maintained its dominance due to shorter lead times and stable logistics, while Asia-Pacific made only gradual gains.
The sourcing pattern remains consistent, with limited diversification expected in the near term.

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US brand Levi’s teams with Microsoft on new AI super-agent platform

Levi Strauss & Co. is partnering with Microsoft to build an AI super-agent that streamlines corporate workflows and supports its DTC-first strategy, with rollout beginning in early 2026.
The company has also launched Outfitting, an AI styling tool on its app, and is expanding STITCH, an AI assistant for store teams, to 60 US locations ahead of broader deployment next year.

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Gold rush sparks concerns for India’s wide trade deficit

India’s goods trade deficit widened significantly to a record $42 billion in October, driven by a threefold surge in gold imports to $14.72 billion. This rise, coupled with a widening oil deficit, overshadowed a slight improvement in the electronics deficit. Merchandise exports also contracted sharply by 11.8% year-on-year, raising concerns about the country’s external balances amidst slowing global trade trends.

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