Apparels

Kontoor Brands has posted stronger-than-expected Q1 FY26 results, driven by growth in Wrangler and Helly Hansen, and raised its full-year outlook.
Total revenue reached $808 million, while continuing operations generated $613 million.
The company plans to divest Lee, now treated as a discontinued operation.
Adjusted EPS guidance was raised to $6.6-6.7 for FY26.

Titan Company remains unconcerned about immediate gold supply disruptions stemming from the West Asia conflict. The jeweller’s successful gold exchange program and robust contingency sourcing plans are effectively mitigating risks. This strategy ensures continued operations for Titan, Tanishq, and CaratLane.

BGMEA and Spain-headquartered IVY Decarb Marketplace SL have signed an MoU to strengthen collaboration on industrial decarbonisation, productivity improvement and sustainable machinery transition in Bangladesh’s textile and garment sector.
Both sides will work to introduce decarbonisation methodologies to BGMEA members, and support the sector in exploring advanced, energy-efficient industrial machinery.

Australia’s textile and apparel trade showed mixed trends in FY26, as apparel imports fell 2.39 per cent during July-March, while textile yarn and fabric imports rose 3.75 per cent, indicating resilient domestic demand.
Fibre exports also improved during the period.
The latest trend contrasts with FY25, when export performance remained weak despite recovery in apparel and textile imports.

The Nordic Council recently unanimously adopted a recommendation to make the fashion industry greener, calling on national governments to ensure consumers receive better information to combat misleading marketing and greenwashing in the fashion industry and to guarantee good working conditions in the textile industry.
The Nordic Youth Council drew up the original proposal.

Its sales surged 48.28 per cent to Rs 20,607 crore in the March quarter of FY26, which, according to Titan, is “one of the strongest quarterly performances in the company’s history”.

Kalyan Jewellers India announced strong financial results for the March quarter of FY26. Net profit more than doubled to Rs 409.5 crore. Revenue from operations surged 66.2% to Rs 10,274.9 crore. EBITDA also saw significant growth. The company recommended a final dividend of Rs 2.50 per equity share. International operations and the Candere platform also performed well.

Arvind Fashions Limited has reported strong FY26 growth, with revenue rising 14 per cent to ₹5,266 crore (~$557.31 million) and EBITDA increasing 17 per cent, supported by retail expansion, robust DTC sales, and improved margins.
PAT stood at ₹124 crore (~$13.12 million) against a loss last year.
Q4 revenue rose 14.8 per cent to ₹1,365 crore, while EBITDA grew 19.2 per cent.

Apparel AI has shifted from pilot to plumbing.
In Q1 2026, Levi’s, PVH, H&M, Inditex and Tapestry wired AI into core operations.
Inditex inventory fell 2 per cent, Tapestry 4 per cent.
India is the asymmetric winner as its apparel exports hit $15.99 billion (+10% YoY); Welspun targets 20 per cent AI productivity gains.
Early movers may unlock 100-300 bps in margin.

The Centre is expected to issue a rectification order within 48-72 hours to restore the tax exemption for gold-importing banks after a notification accidentally withdrew the benefit, IBJA National Secretary Surendra Mehta said.