Apparels

OVS has posted record FY25 sales of €1,745.9 million (~$2.06 billion), up 7 per cent YoY, driven by like-for-like growth and Goldenpoint consolidation.
Adjusted gross margin rose 8.8 per cent, while net profit increased 14.8 per cent.
Key brands delivered solid EBITDA gains.
Womenswear and beauty led growth, with early FY26 performance remaining strong on robust collection demand.

In a bid to navigate the turbulent waters of global shipping issues, India’s textiles ministry is advocating for lower duties on rayon pulp and certain cotton varieties. Furthermore, there’s potential for a postponement of anti-dumping duties on specific yarns, which would significantly aid supply chains.

US trade body AAFA has urged the International Trade Commission not to revoke the permanent normal trade relations (PNTR) status granted to China as that would result in higher tariffs borne by US companies.
Higher tariffs on Chinese imports would constrain US firms’ ability to invest in innovation, expand operations and support US job growth, and would risk closing off commercial opportunities in China.

India’s textile and apparel exports fell sharply in March 2026, declining 14.02 per cent year on year (YoY) to $2.91 billion amid geopolitical disruptions.
Apparels dropped 18.99 per cent and textiles 9.91 per cent.
FY 2025–26 exports slipped 2.21 per cent, with sector share easing to 8.10 per cent.
Cotton imports surged annually, while MMF trends remained relatively stable.

The databases do not ​contain customer data, addresses, passwords, or ​bank card ⁠details, Inditex ‌said in ​a ​statement late ⁠on Wednesday, adding that it ​immediately applied security ​protocols and started notifying relevant authorities.

Noida apparel exporters warn wage hikes and labour unrest may disrupt shipments, as rising costs and pressure from global buyers threaten orders, risking a shift to competing markets like Bangladesh and Vietnam.

Zoya, the ultra-luxury jewellery arm of Titan Company, is witnessing strong double-digit growth in its bespoke and personalised jewellery segment. The brand reports rising demand from both domestic and international clients, with its customised offerings steadily increasing their share in overall business performance.

US Customs and Border Protection will launch on April 20 an electronic system that importers can use to claim tariff refunds authorised by court order or applicable law.
Phase 1 will be limited to certain unliquidated entries and certain entries within 80 days of liquidation.
Refunds will be issued within 60-90 days of the Consolidated Administration and Processing of Entries declaration getting accepted.

Bangladesh RMG players have urged the government to remove restrictions on sourcing raw materials free of cost (FOC) from local suppliers.
Industry leaders said allowing FOC sourcing from domestic suppliers would boost local sales, strengthen backward linkage industries and raise overall value addition in the export-oriented sector.
Many local suppliers can provide inputs now against global orders.

Luxury brands are feeling the impact of the Middle East conflict. Travel disruptions are affecting sales at Dubai malls and other regional hubs. This is a setback for companies relying on these high-margin channels. The situation is expected to worsen if the conflict continues. Analysts are watching closely as recovery from the pandemic is already underway.