Apparels

The latest sales report from Richemont reveals a strong performance, outpacing forecasts with a twenty percent rise in sales in constant currencies. This growth was primarily driven by an unexpected spike in jewelry sales, significantly enhancing the company’s overall results. Notably, both the Asian and American markets showed robust growth, helping elevate other luxury company stocks in the market as well.

Kolkata dispatched its first jewellery export to the United Kingdom under the India-UK CETA. This marks the city’s entry into the first nationwide shipment following the pact’s implementation. Indian gem and jewellery exporters now have zero-duty access to the UK market. This agreement is expected to significantly boost India’s jewellery exports to the UK. Kolkata is poised to benefit from this transformative trade opportunity.

Gold prices remained stable as U.S. inflation data showed easing pressures. However, Middle East conflict escalation drove oil prices higher, reviving energy cost concerns. U.S. producer prices unexpectedly fell in June, indicating subsiding inflation before recent events. Federal Reserve officials expressed determination to bring inflation down soon. China’s economy expanded at its slowest pace in over three years.

Cambodia’s apparel exports rose 5.7 per cent year on year to $5.55 billion in the first half of 2026, accounting for 32.5 per cent of the country’s total merchandise exports.
Growth was led by non-knitted apparel, while imports of cotton and cotton yarn surged 34.8 per cent, signalling stronger demand for cotton-based garment production.

BKMEA says H&M’s Bangladesh orders are ~40 per cent lower YoY, while FY26 apparel exports fell 1.64 per cent, led by a 3.31 per cent drop in EU shipments.
Germany’s imports from Bangladesh fell 11.5 per cent ($570 million), driving most of the country’s $645 million export decline.
India gains with UK tariff-free access, a pending EU FTA, and ₹95,000 crore in planned textile investments.

Africa’s apparel exports reached $8.62 billion in 2025, but AGOA’s expiry in 170 days is limiting long-term investment despite supporting current orders.
While short-term renewals preserve production, uncertainty is delaying textile value-chain expansion, leaving key exporting hubs such as Lesotho vulnerable and slowing deeper industrial development.

TexPro’s $9.97-billion analysis shows cotton lost value share in six of eight matched apparel categories in Q1 2026, despite its tariff advantage over man-made fibres.
Performance requirements, cost competitiveness and preferential trade agreements continue to sustain synthetic apparel demand, suggesting sourcing is shifting by geography rather than through broad fibre substitution.

The Baglur warehouse currently stores 1.8 million products and processes up to one million pieces per month, with infrastructure designed to scale operations to three million pieces per month.

PDS Limited has partnered with Indonesia’s Busana Apparel Group to strengthen its global manufacturing ecosystem.
The alliance expands their combined manufacturing footprint across Asia, Central America and Europe, enabling greater production scale, supply chain resilience, faster speed-to-market and enhanced support for global fashion brands seeking diversified sourcing.

The cumulative export of textiles and apparel during April to June 2026 registered a de-growth of -2.95% over April-June 2025. “During June 2026, textile exports increased by 9.64% over the previous year, while apparel exports registered a significant degrowth of -11.25%,” said CITI in a statement.