Apparels

OETI Slovakia launches ‘Fit & Proof’ label for garment testing

OETI Slovakia has launched the ‘Fit & Proof’ label offering independent testing for garment fit, workmanship, and durability.
Based in Žilina, it supports apparel, PPE, and uniform manufacturers.
The service helps brands cut return rates, detect flaws early, and ensure consistency.
It also aids retailers, e-commerce, and public procurement in verifying garment quality and performance.

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Lenskart IPO GMP crashes 70% from peak. Will it defy odds to reward investors with listing gains?

Lenskart’s IPO grey market premium has dropped 70% from its peak, signaling investor caution despite strong subscription numbers. Analysts point to valuation concerns, suggesting muted listing gains, though the company’s robust business model and growth potential in India’s eyewear market are acknowledged as long-term positives.

Lenskart IPO GMP crashes 70% from peak. Will it defy odds to reward investors with listing gains? Read More »

Under Armour Q2 FY26 revenue falls 5% as tariffs weigh on margins

Under Armour has reported revenues of $1.33 billion in Q2 FY26, down 5 per cent YoY, though ahead of guidance, with improving brand traction in North America.
Gross margin fell 250 bps to 47.3 per cent and SG&A rose 12 per cent to $582 million.
Operating income was $17 million.
For H1 FY26, revenue declined 4.5 per cent to $2.47 billion.
For FY26, expectations are set to decline by 4–5 per cent.

Under Armour Q2 FY26 revenue falls 5% as tariffs weigh on margins Read More »

Woven garments outpace knits in Bangladesh export growth in Jul-Oct

Bangladesh’s RMG exports rose by 1.40 per cent to $12.99 billion in Jul-Oct, supported by stronger woven apparel and home textiles.
However, October shipments fell due to slower order placements.
Knitwear growth remained subdued, while cotton and cotton product exports declined.
Bangladesh’s long-term prospects are reinforced by expanding high-end capacity and sustainable manufacturing investments.

Woven garments outpace knits in Bangladesh export growth in Jul-Oct Read More »

Bangladesh garment makers eye $5 bn more in exports post policy tweak

Bangladesh apparel manufacturers expect an additional $5 billion from high-end garment exports in the first year after the government scraps the 50-per cent ceiling on free-of-charge (FoC) imports, trade body BGMEA said.
Under this arrangement, the buyer supplies raw materials.
The additional earnings could cross $10 billion in the second year once the FoC quota is fully abolished, BGMEA noted.

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American brand Under Armour appoints Reza Taleghani as new CFO

Under Armour has appointed Reza Taleghani as EVP and CFO, effective February 2026, succeeding long-time CFO David Bergman, who will stay through Q1 FY2027 for transition.
Taleghani joins from Samsonite, where he led major financial and operational improvements.
He brings over 25 years of global finance experience to support Under Armour’s next growth phase.

American brand Under Armour appoints Reza Taleghani as new CFO Read More »

Germany’s Adidas launches home kit collection for 2026 FIFA World Cup

Adidas has launched the 2026 home kits for 22 partner national teams ahead of FIFA World Cup 26, blending historic identity with modern design.
Each jersey reflects cultural heritage and is engineered for performance, featuring CLIMACOOL+ ventilation, body-mapped stretch fabrics and new lenticular crests for a bold, future-focused look.

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Timex India Q2 profit jumps 70% to Rs 30 crore; premium brands and e-commerce fuel record growth

Timex Group India just celebrated a record-breaking quarter with a staggering 70% increase in profit after tax and a 40% rise in total income. The momentum was driven by successful contributions from premium brands like Versace, Timex, and Guess. Significant strides in e-commerce and trade channels further propelled growth, showcasing the company’s commitment to innovation and broadening its market reach.

Timex India Q2 profit jumps 70% to Rs 30 crore; premium brands and e-commerce fuel record growth Read More »

China retains lead as South Korea’s top textile supplier

China remains South Korea’s largest supplier of textiles and apparel, accounting for 38.01 per cent of apparel imports in Jan–Aug.
Its dominance spans fabrics, yarns, and synthetic fibres, driven by integrated petrochemical capacity and cost efficiency.
Despite South Korea’s efforts to diversify under RCEP, China’s scale, proximity, and digital manufacturing capabilities ensure continued trade reliance.

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