Apparels

Under Armour Q2 FY26 revenue falls 5% as tariffs weigh on margins

Under Armour has reported revenues of $1.33 billion in Q2 FY26, down 5 per cent YoY, though ahead of guidance, with improving brand traction in North America.
Gross margin fell 250 bps to 47.3 per cent and SG&A rose 12 per cent to $582 million.
Operating income was $17 million.
For H1 FY26, revenue declined 4.5 per cent to $2.47 billion.
For FY26, expectations are set to decline by 4–5 per cent.

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Woven garments outpace knits in Bangladesh export growth in Jul-Oct

Bangladesh’s RMG exports rose by 1.40 per cent to $12.99 billion in Jul-Oct, supported by stronger woven apparel and home textiles.
However, October shipments fell due to slower order placements.
Knitwear growth remained subdued, while cotton and cotton product exports declined.
Bangladesh’s long-term prospects are reinforced by expanding high-end capacity and sustainable manufacturing investments.

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Bangladesh garment makers eye $5 bn more in exports post policy tweak

Bangladesh apparel manufacturers expect an additional $5 billion from high-end garment exports in the first year after the government scraps the 50-per cent ceiling on free-of-charge (FoC) imports, trade body BGMEA said.
Under this arrangement, the buyer supplies raw materials.
The additional earnings could cross $10 billion in the second year once the FoC quota is fully abolished, BGMEA noted.

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American brand Under Armour appoints Reza Taleghani as new CFO

Under Armour has appointed Reza Taleghani as EVP and CFO, effective February 2026, succeeding long-time CFO David Bergman, who will stay through Q1 FY2027 for transition.
Taleghani joins from Samsonite, where he led major financial and operational improvements.
He brings over 25 years of global finance experience to support Under Armour’s next growth phase.

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Germany’s Adidas launches home kit collection for 2026 FIFA World Cup

Adidas has launched the 2026 home kits for 22 partner national teams ahead of FIFA World Cup 26, blending historic identity with modern design.
Each jersey reflects cultural heritage and is engineered for performance, featuring CLIMACOOL+ ventilation, body-mapped stretch fabrics and new lenticular crests for a bold, future-focused look.

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Timex India Q2 profit jumps 70% to Rs 30 crore; premium brands and e-commerce fuel record growth

Timex Group India just celebrated a record-breaking quarter with a staggering 70% increase in profit after tax and a 40% rise in total income. The momentum was driven by successful contributions from premium brands like Versace, Timex, and Guess. Significant strides in e-commerce and trade channels further propelled growth, showcasing the company’s commitment to innovation and broadening its market reach.

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China retains lead as South Korea’s top textile supplier

China remains South Korea’s largest supplier of textiles and apparel, accounting for 38.01 per cent of apparel imports in Jan–Aug.
Its dominance spans fabrics, yarns, and synthetic fibres, driven by integrated petrochemical capacity and cost efficiency.
Despite South Korea’s efforts to diversify under RCEP, China’s scale, proximity, and digital manufacturing capabilities ensure continued trade reliance.

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Jordan’s garment-leather exports up 3% YoY to $1.63 bn in Jan-Aug 2025

Jordan’s garment and leather sector exported goods worth $1.636 billion between January and August 2025—a 3-per cent YoY rise, the Jordan Chamber of Industry said.
Garments accounted for 90 per cent of the total exports in the sector in the period.
The sector’s exports to Italy rose by 121 per cent YoY and to Germany by 97 per cent YoY.
A similar trend was seen in the Arab and Latin American markets.

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Weddings, festivals bring joie de vivre to jewellery stocks

Jewellery stocks are experiencing a rally driven by robust festive demand and the upcoming wedding season, despite higher gold and silver prices. Analysts anticipate continued momentum, with strong quarterly results and shifting consumer preferences towards modern designs supporting sales and margins. While near-term outlook remains positive, potential moderation in gains is expected after the recent surge.

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