Apparels

The e-auction, scheduled for April 27 under the Insolvency and Bankruptcy Code (IBC), will be conducted under the supervision of the National Company Law Tribunal (NCLT), Mumbai. It involves the sale of the company’s “precious inventory” that was earlier attached by the Enforcement Directorate and later released for liquidation.

Bags manufacturer Zouk is in early discussions with Tata Capital and IvyCap Ventures to raise $30-35 million, people in the know of these talks said. Bengaluru-based Slikk, which is backed by Lightspeed and Nexus Venture Partners, is in talks with Susquehanna Asia VC to raise $15-20 million.

New Zealand’s apparel imports fell 11.5 per cent YoY to NZ$373.7 million in January-February 2026, with declines across both knitted and non-knitted segments amid cautious demand and inventory adjustments.
Exports also weakened, while fabric imports and exports showed modest growth, indicating resilience in textile inputs despite overall softness in apparel trade.

Anta Sports has reported revenue of RMB 80.22 billion (~$11.62 billion) in 2025, up 13.3 per cent, strengthening its China market leadership with a 21.8 per cent share.
Operating profit rose 15 per cent, supported by margin improvement and strong growth across brands, especially Fila and Descente.
Solid cash flow, rising R&D investment, and ESG progress further reinforced its global top three position.

H&M has reported net sales of SEK 49,607 million (~$4.72 billion) in Q1 FY26, with sales down 1 per cent in local currencies.
Improved cost control lifted gross margin to 50.7 per cent and operating profit rose 26 per cent.
The net profit increased to SEK 704 million (~$75.05 million), while inventory fell 16 per cent.
Currency effects weighed on revenue despite stronger margins and improving sales.

Indonesia’s apparel exports rose modestly to $8.705 billion in 2025 from $8.316 billion in 2024, reflecting gradual recovery.
The US remained dominant, accounting for over 56 per cent of shipments, highlighting growing market dependence.
While Japan, South Korea and Europe offered stability, exports stayed concentrated in key products and segments.

Scale & Loyalty Stock gains 15% in a month as investors bet on scale-driven model amid improving store maturity

Global gold jewellery consumption declined sharply in the first half of FY2026 due to elevated prices, while investment demand for gold witnessed a strong surge amid economic uncertainty, according to a joint report by ICRA and Assocham.

Tamil Nadu led India’s textile and apparel exports in FY25 with a 21.2 per cent share (₹67,863 crore), followed by Gujarat (15.7 per cent).
Total exports rose to ₹3.19 lakh crore from ₹2.33 lakh crore in FY21.
Haryana recorded the fastest growth, while Uttar Pradesh also expanded strongly, signalling shifting export dynamics across major states.

Ralph Lauren has introduced Timeless by Design 2030, the next phase of its sustainability and social impact roadmap.
The plan focuses on four pillars, supplier partnerships, natural resource protection, employee engagement and community care.
The company aims to build on earlier gains in emissions, water use and sustainable materials while reporting progress annually.