Apparels

India’s textile exports showed strong growth in the first half of the financial year. Shipments to 111 countries increased by 10 percent. This performance highlights the sector’s resilience. Key markets like the UAE and Japan saw significant gains. Ready-Made Garments and Jute sectors were major contributors. This expansion supports government initiatives for export diversification.

Shraddha Kapoor’s jewellery brand Palmonas is in discussions to raise Rs 200-250 crore from mid-market private equity firm Xponentia Capital. The round is expected to value Palmonas around Rs 1,600-1,800 crore, up by more than three times from the last round, one of the persons said. The company had raised Rs 55 crore from Vertex Ventures earlier this year at a valuation of Rs 500-550 crore.

Indian sports shoe brands are creating unique designs with Indian elements. These brands target young consumers with stylish and comfortable footwear. Many are seeing repeat purchases and attracting investor interest. Companies are expanding manufacturing and offline presence. The sports shoe market in India is growing significantly.

Mexico’s apparel imports from Asia-Pacific reached $4.016 billion in January–September 2025, accounting for nearly 80 per cent of total inflows as buyers relied on competitive pricing and strong supply links.
Import volumes dipped slightly, reflecting a shift towards higher-value products.
Fabric imports from the region also dominated, supplying over half of Mexico’s needs.

Gokaldas Exports’ Q2 FY26 total income rose 7 per cent to ₹1,003 crore (~$11.30 million), driven by strong India growth despite a sharp 23 per cent decline in Africa due to AGOA uncertainty.
EBITDA stayed flat at ₹84 crore (~$9.47 million) amid tariff-sharing.
PBT and PAT fell significantly, while H1FY26 income and EBITDA improved.
The company expects a stronger order book if AGOA is reinstated.

VF Corporation has closed its $600 million sale of the Dickies brand to Bluestar Alliance.
The deal follows an earlier agreement for the iconic workwear and streetwear label, which operates in 55 countries.
Bluestar CEO Joseph Gabbay praised Dickies’ strong legacy, while VF CEO Bracken Darrell said the brand has a bright future and strong growth potential under its new ownership.

Columbia Sportswear has appointed Peter J Bragdon and Joseph P Boyle as co-presidents from November 12, 2025, as part of its succession planning.
Bragdon will lead international operations and multiple brands, while Boyle continues heading the Columbia brand.
Both will report to chairman and CEO Timothy P Boyle as the company focuses on renewed growth.

India’s textile exports showed strong growth in the first half of the financial year. Shipments to 111 countries increased by 10 percent. This performance highlights the sector’s resilience. Key markets like the UAE and Japan saw significant gains. Ready-Made Garments and Jute sectors were major contributors. This expansion supports government initiatives for export diversification.

Spot gold was up 0.4% at $4,215.87 per ounce, as of 0407 GMT, hitting its highest since October 21. U.S. gold futures for December delivery rose 0.2% to $4,219.90 per ounce. “The prospect of weak economic data following the U.S. government shutdown helped push gold higher. This is likely to be supported by ongoing demand from central banks,” analysts at ANZ said in a note.

Burberry said Thursday it narrowed losses in its first half thanks to the British luxury fashion label’s turnaround plan begun a year ago. Nevertheless, the group announced Thursday that sales fell five percent to £1.0 billion in its first half. bcp/ajb/jh