Apparels

Germany’s Puma’s FY25 sales slide on wholesale reduction

Puma has reported sales of €7.3 billion (~$8.61 billion) in FY25, with currency-adjusted revenue down 8.1 per cent amid strategic reset actions.
Wholesale declined while DTC share increased.
Margins contracted and EBIT turned negative, leading to a net loss.
Q4 saw sharper declines across regions and categories.
Puma expects further sales softness and negative EBIT in FY26.

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Sri Lanka’s apparel exports down 2.6% in January 2206

Sri Lanka’s apparel exports declined 2.66 per cent YoY to $425.44 million in January 2026 amid weak global demand.
Shipments to the US and EU softened, while the UK remained stable with slight growth.
Other markets saw sharper contraction.
JAFF highlighted DCTS benefits and tariff changes while suggesting diversification and efficiency to sustain competitiveness.

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ABFRL appoints Pranchal Srivastava as CBO for The Collective, International Brands

Aditya Birla Fashion and Retail Limited (ABFRL) has appointed Pranchal Srivastava as Chief Business Officer for The Collective and its International Brands portfolio. Srivastava previously served as Senior Vice President in the Chairman’s Office at the Aditya Birla Group, where he worked on strategic initiatives across consumer businesses, including growth, investments and digital transformation.

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Charles & Keith to open 6-7 India stores this year; opens 24th outlet in the country

Charles & Keith is planning to open 6-7 new stores across India this year, stepping up expansion in the aspirational accessories segment, as it launched its 24th outlet at Unity One, Elegante Mall in Delhi-NCR. The 103 square metre store is the brand’s seventh in the NCR region and follows its sixth-generation global retail concept.

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Charles & Keith to open 6-7 India stores this year; opens 24th outlet in Delhi-NCR

Charles & Keith is planning to open 6-7 new stores across India this year, stepping up expansion in the aspirational accessories segment, as it launched its 24th outlet at Unity One, Elegante Mall in Delhi-NCR. The 103 square metre store is the brand’s seventh in the NCR region and follows its sixth-generation global retail concept.

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BGMEA seeks export incentive funds to pay wages to Bangladesh workers

Trade body BGMEA recently urged Bangladesh Bank governor Ahsan H Mansur to release export incentive funds so that factories can pay wages and bonuses ahead of the Islamic festival of Eid-ul-Fitr.
Its representatives said delayed disbursements are pushing factories into a severe liquidity crisis.
Around Tk 57 billion in textile and garment sector incentives remain unsettled in this fiscal.

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Finlands’ Amer Sports FY25 revenue jumps 27% on segment growth

Amer Sports has reported FY25 revenue growth of 27 per cent to $6,566 million with margin expansion and strong profitability across segments.
Q4 revenue rose 28 per cent to $2,101 million, driven by Technical Apparel and Outdoor Performance.
Despite higher growth investments, earnings surged and outlook remains positive, with the company projecting double-digit growth momentum into 2026.

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US’ Rocky Brands’ Q4 2025 sales rise 9.1% on strong retail growth

Rocky Brands has posted net sales of $139.7 million in Q4 2025, up 9.1 per cent YoY, driven by a 30.8 per cent surge in retail sales, while wholesale and contract manufacturing declined.
Net income rose 35.7 per cent to $6.5 million.
Full-year sales grew 6.2 per cent to $482 million with improved margins and profitability, supported by strong DTC demand despite tariff pressures.

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India textile industry seeks RoDTEP restoration after sudden rate cut

India’s textile industry has urged the government to restore full RoDTEP benefits after rates were halved to 50 per cent, calling the move abrupt and disruptive to existing export orders.
CITI and industry leaders warned that the cut undermines margins, contractual commitments and competitiveness amid weak global demand and higher tariffs.

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