Apparels

PC Jeweller has repaid outstanding debt to nine of fourteen consortium banks. The company has now discharged over ninety-six percent of its total loan obligations. It remains on track to achieve debt-free status this month. This move will significantly strengthen the company’s financial position. The settlement agreement was signed on September 30, 2024.

Morocco’s textile and leather exports fell 5.5 per cent through July 2026, while merchandise exports rose 8.4 per cent.
TexPro shows its EU27 HS 61-62 apparel exports were almost flat in January-April, as Tunisia grew 4.7 per cent and Egypt 32.7 per cent.
A shortage of 16,000 sewing-machine operators is credible, but weak orders and 76 per cent capacity use show other bottlenecks.

Kontoor Brands is targeting Helly Hansen revenue of more than $1.1 billion by 2030, with around 10 per cent CAGR from its 2025 base.
The company also aims for gross margins in the mid- to high-50 per cent range, operating margins in the mid-teens and cumulative cash generation above $500 million, driven by US expansion, premium outdoor growth and North American workwear.

Fable Street has been expanding its physical retail presence as it builds a larger omnichannel business, while Pink Fort is using the Bengaluru store to make its first foray into brick-and-mortar retail.

Destination XL Group, Inc., a leading specialty retailer of Big + Tall men’s clothing, has appointed James E. ‘Jimmy’ Olsson as executive vice president and chief growth officer.
Olsson, who has consulted for DXL since September 2025, will oversee integrated-commerce growth, direct businesses, retail, merchandising, and brand strategy to strengthen the company’s leadership in the market.

G-III Apparel Group raised its FY27 earnings guidance after Q2 net income more than doubled to $20.2 million, despite a 10 per cent sales decline to $554.1 million.
Gross margin expanded 440 basis points to 45.2 per cent, while its go-forward portfolio grew at a high-single digit rate.
The Marc Jacobs acquisition and improved margins support its growth outlook.

Tillys reported a strong start to fiscal 2026, with Q1 net sales rising 15.9 per cent year on year to $124.7 million and comparable sales increasing 22.9 per cent.
Gross margin expanded 910 basis points to 28.9 per cent, while the net loss narrowed to $8 million.
The retailer expects Q2 sales growth of 6-10 per cent and remains focused on returning to full-year profitability.

TexPro data shows India and Sri Lanka increasingly acting as one production corridor, with India supplying inputs and Sri Lanka retaining an export-oriented garment base.
Sri Lanka imported $1.003 billion of fabric in H1 2026; India supplied 28.52 per cent, and 34.44 per cent of yarn.
Apparel exports fell 6.02 per cent to $2.259 billion in H1, yet investments, UK rules and trade access support

Concordia-led research finds polyester T-shirts emit more greenhouse gases than cotton, while cotton has higher land and water demands.
Air freight is a major emissions driver; switching to sea freight can cut a shirt’s carbon footprint by roughly 30 to 60 per cent.
Longer garment lifespans, fewer new items and durability-focused design offer supply-chain levers for fast-fashion supply chains.

India experienced a sudden spike in its gold import bill in 2026, predominantly fueled by imports from the UAE. This uptick occurred despite Prime Minister Modi’s call for reduced gold buying. As a result, the preferential tariff established by the India-UAE free trade agreement is currently facing scrutiny, prompting potential evaluations of both rules of origin and the tariff benefits associated with UAE-sourced gold.