Apparels

Turkiye’s exports up 1.3%, imports rise 2.6% YoY in Nov 2025

Turkiye’s exports were worth $22.536 billion in November—a 1.3-per cent increase YoY, while imports were worth $30.518 billion—a 2.6-per cent rise YoY, according to provisional official data.
Foreign trade deficit in the month was $7.982 billion—a 6.3-per cent increase YoY.
The main partner country for exports in November was Germany, while the top country for imports was China.

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India plans nationwide survey to map textile hubs, assess sector’s health

India is preparing for a comprehensive nationwide survey of its vital textile industry. This initiative aims to map key textile hubs and assess the sector’s overall health. The survey will collect data on financial inclusion, production value, worker conditions, and export performance. The findings will provide crucial insights into one of India’s largest employment generators.

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Luxury retailer Saks Global CEO Marc Metrick steps down as bankruptcy looms

The change at the top comes days after the Wall Street Journal reported that the Neiman ‌Marcus parent ‌company is preparing for bankruptcy after missing an interest payment exceeding $100 million on debt from its Neiman ‌merger. Saks Global was created after Saks Fifth Avenue parent Hudson’s Bay Company acquired rival Neiman Marcus, bringing together the two upmarket department store chains to control costs amid uneven demand and better compete with rivals such as Nordstrom and Macy’s ​Bloomingdale’s.

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Bangladesh RMG exporters need to absorb 40% EU tariff post 2029: Study

Bangladesh apparel exporters need to absorb about two-fifths of the tariff they may face after the grace period for graduating from the LDC status to export to the EU, according to a recent study.
After 2029, Bangladesh may face 12-per cent tariffs on exports to the EU, while Vietnam, Pakistan and Sri Lanka would face zero tariffs, it noted.
An appreciating currency has been eroding competitiveness.

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Sustainable fashion’s harsh truth: Why doing good is losing money?

Sustainable fashion faces a monetisation gap.
While ethical awareness is rising, high costs, price sensitive consumers and limited scale continue to constrain revenues.
Brands that rely solely on sustainability struggle to convert intent into sales, highlighting the need for sharper pricing, stronger design appeal and clearer market specific communication.

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Bahrain apparel imports edge up in Jan-Oct 2025, China widens lead

Bahrain’s apparel imports edged up slightly in January–October 2025, reflecting steady consumer demand and stable retail activity.
China strengthened its lead as the top supplier, gaining share at the expense of India and other traditional sources.
Imports remained concentrated in trousers, casualwear and dresses, highlighting sustained demand for everyday and womenswear categories.

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South Korea’s apparel imports ease 2% to $11.2 bn in Jan-Nov

South Korea’s apparel imports declined 2.02 per cent to $11.201 billion in January–November, as softer consumer spending weighed on fashion-led categories.
Knitted apparel remained resilient due to steady demand for basics and athleisure, while non-knitted imports fell on cautious buying.
Upstream textile exports also declined, reflecting weaker global demand and intensifying competition from Asia.

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Egypt’s apparel exports surpass $3 bn for 1st time in Jan-Nov 2025

Egypt’s apparel exports reached nearly $3.1 billion between January and November this year, surpassing the $3-billion mark for the first time and recording a growth of 22 per cent YoY, according to the Apparel Export Council of Egypt.
The milestone was reached before the full impact of major new foreign investments, many of which are still in preparation or trial-operation phases.

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Silver hits fresh record of Rs 2.41 lakh per kg in Delhi markets

Silver prices reached a new record high of Rs 2.41 lakh per kilogram in New Delhi. This surge follows firm global cues and strong industrial demand. Gold prices, however, continued their decline for the second day. Market experts anticipate further appreciation for silver due to structural supply constraints and robust industrial use. Silver futures on MCX also saw significant gains.

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