Apparels

India and the US have agreed on an interim trade deal. This agreement grants zero-duty access for diamonds and colored gemstones to the US market. This move is expected to significantly boost India’s gem and jewellery exports. Industry leaders anticipate a revival of business and increased competitiveness. The deal also reduces tariffs on other goods, strengthening bilateral trade ties.

Titan Company anticipates a significant surge in luxury Swiss watch sales in India due to the India-EU Free Trade Agreement, which has reduced import duties. The company expects Swiss brands to become more competitive as they pass on these benefits to consumers, driving growth in the premium segment.

Bangladesh’s H1 FY26 RMG exports softened as global demand cooled, with knitwear under greater pressure than woven apparel.
Home textiles stood out, supported by niche value-added demand and Bangladesh’s price competitiveness versus higher-cost sourcing hubs.
December’s steep drop signals near-term caution despite strong full-year FY25 growth.

Kalyan Jewellers India Ltd saw a significant 90 percent surge in profit after tax for the third quarter of fiscal year 2026. This impressive growth was fueled by robust demand during the festive and wedding seasons. Both domestic and international operations contributed to the company’s success. Revenue also experienced a substantial increase, highlighting strong market performance.

Cantabil Retail India Ltd achieved a record quarterly profit of ₹45.1 crore in the December quarter. Revenue grew 19% to ₹264.4 crore. EBITDA increased 31% to ₹95.2 crore. Profit after tax rose 31% year-on-year. For the nine months, revenue was ₹599.1 crore, up 20%. The company operates 646 outlets and focuses on expansion and innovation.

Canada Goose has reported strong Q3 FY26 results, with revenue rising 14.2 per cent to CA$694.5 million (~$507.3 million), driven by solid DTC growth and momentum across regions.
DTC sales grew 14.1 per cent, while wholesale rose 16.6 per cent.
Margins eased slightly due to product mix and higher SG&A costs.
Net debt fell sharply, supported by disciplined inventory and cash flow management.

For many Gen Z shoppers in their early 20s, shopping via a social media ad while scrolling through the feed is most natural, with impulse purchases offering both retail therapy and instant gratification.

Aditya Birla Fashion and Retail Ltd has reported a net loss of Rs 137.3 crore for the December quarter of FY26, reflecting the challenges posed by the newly implemented Labour Codes. Despite this setback, the company achieved a revenue increase to Rs 2,373.66 crore compared to last year.

Switzerland’s Rado luxury watch company sees its price advantage from a new trade deal with India largely cancelled out. The rupee’s depreciation against the Swiss franc has reduced the expected benefits. The India-European Free Trade Association deal, starting in October 2025, aims to lower import tariffs on Swiss watches. However, currency fluctuations are impacting the final cost for Indian consumers.

Kyrgyzstan’s garment sector is under stress as restricted Russian access, marketplace hurdles and lack of certification trigger large-scale closures and disruptions.
Once boosted by low costs, EAEU access and post-2022 demand from Russia, the industry’s CMT-led growth model is now losing competitiveness.
Lawmakers have called for urgent support even as the government advances reform plans.