Apparels

Turkiye’s apparel exports fell 6.93 per cent YoY to $12.3 billion in January–September, reflecting weak global demand and strong competition from South Asia.
Woven apparel exports saw a sharper drop than knitwear due to higher production costs and retailer destocking.
Imports of non-knitted apparel rose 19 per cent, suggesting Turkish firms’ growing reliance on re-export models amid cost pressures.

Activewear brand TechnoSport has launched on Myntra’s M-Now hyperlocal delivery service to enhance distribution and meet urban demand for quick delivery. Initially available in Bengaluru, the brand plans to expand to other major cities, offering affordable styles to capitalize on impulse purchases and the growing quick commerce trend in activewear.

Kraus Jeans is embarking on an aggressive expansion, focusing on company-owned stores to boost its direct retail presence. The brand aims to become a complete casualwear label for women. This strategy is already showing profitability. Further expansion into tier 2 and tier 3 cities is planned, supported by an equity investment. International growth in the GCC region is also underway.

South Korea’s apparel imports declined 1.04 per cent to $9.09 billion in January–September 2025, reflecting weak retail demand and slower consumer spending.
Knitted apparel imports rose marginally, while non-knitted categories fell.
Textile exports of man-made filaments and knitted fabrics dropped, as producers faced rising costs and competition from China and Vietnam.

Occasion-led jewellery brand Goyaz has secured Rs 130 crore in its Series A funding round, led by Norwest. This marks the company’s first institutional investment. The funds will be utilized to expand its retail network, enhance design and manufacturing, and bolster omnichannel operations, aiming to make premium craftsmanship accessible.

This diversification, driven by rising demand across Asia, Europe, and West Asia, reduces reliance on the US and signals a strategic pivot towards multi-market resilience.

Lenskart’s initial public offering saw full subscription on its first day. Both institutional and retail investors showed strong interest. The issue was subscribed 1.12 times by Friday’s close. Institutional buyers led the demand, subscribing 1.42 times their reserved portion. This investor enthusiasm comes despite concerns about Lenskart’s IPO valuation.

Chile’s apparel imports grew notably during January–August 2025, with China further consolidating its dominant position in the market.
The country regained its earlier peak share, supported by competitive pricing, broad product offerings, and efficient logistics.
Other suppliers such as Bangladesh, Vietnam, and India maintained smaller shares.

According to reports, the non-performing loan ratios of the flagship RMG and textile sectors, considered key drivers of economic growth, stand at 26 per cent and 25 per cent, respectively.
Only shipbuilding and leather reported higher NPL ratios.
The RMG sector nevertheless remains vital for Bangladesh, accounting for more than 80 per cent of the total export earnings.

Gildan Activewear has reported record Q3 2025 results with net sales of $911 million, up 2.2 per cent, and adjusted diluted EPS rising 17.6 per cent to $1.
Activewear sales grew 5.4 per cent, driving a record adjusted operating margin of 23.2 per cent.
CEO Chamandy highlighted strong execution under the GSG strategy.
The firm reaffirmed 2025 guidance and expects to close its HanesBrands merger soon.