Apparels

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.

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.

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.

Gold prices are soaring in India, prompting a significant shift in consumer buying habits. Many are now opting for gold coins and bars instead of traditional jewellery. This trend is driven by high making charges and the desire to invest in gold as a safe haven. Demand for jewellery has fallen, while investment in gold products has increased.

Gold loans are experiencing rapid growth. This segment is outperforming other credit types. Rising gold prices and demand from rural areas are key drivers. Lenders are expanding gold loan distribution. This product is becoming a core balance sheet stabilizer for many institutions. Borrowing preferences are shifting towards secured options.

Lululemon founder and major shareholder Chip Wilson has nominated three independent directors—Marc Maurer, Laura Gentile & Eric Hirshberg—for election at the 2026 AGM, while urging immediate declassification of the Board.
He criticised weak succession planning and oversight, arguing the company needs stronger creative, brand-led leadership to restore growth and shareholder confidence.

Italy’s footwear industry is showing early signs of stabilisation, with 2025 turnover projected at €12.8 billion (~$15.1 billion), down 3.1 per cent year on year.
Third-quarter performance improved, easing the earlier downturn.
Export volumes rose despite lower values, led by the EU and Middle East, while domestic demand remained subdued and employment pressures persisted.

India’s next wave of growth is coming from smaller cities. Brands are adapting products and pricing to reach millions of aspirational yet price-conscious consumers. This shift is reshaping retail, from fast fashion to quick-commerce. Companies are focusing on local needs and value to capture this expanding market. The future of consumption is moving beyond major metros.

Lululemon founder Chip Wilson has launched a proxy fight by nominating three independent directors to the company’s board, days after the athleisure maker announced the exit of CEO Calvin McDonald. Wilson said the board had failed on oversight and succession planning, arguing that shareholders would not trust a new CEO chosen by the current board.

Thailand’s apparel exports grew 5.86 per cent in 2025, led by T-shirts replacing innerwear as the top category, signalling a shift in export mix.
However, faster import growth of nearly 14 per cent reflects rising domestic demand and dependence on overseas suppliers, especially for trousers and shorts, highlighting a widening trade imbalance within the apparel sector.