Apparels

Pandora anticipates slower sales growth in 2025. U.S. shoppers bought fewer items during the holiday season than expected. This has led to a downgrade in sales growth forecasts. The company plans to introduce new product lines to attract customers. Pandora also expects its operating profit and margin to remain steady.

Indian dealers this week charged a premium ‌of up to $6 per ‌ounce over official domestic prices – inclusive of 6% import and 3% sales levies, below last week’s premium of up to $15.

India apparel exports: The industry is already under pressure after the US imposed 50% tariffs on India last August, marked by deep discounts, diversion of idle capacity to domestic brands and rerouting of export orders through neighbouring countries.

Australia’s textile and apparel imports showed a mixed trend in July–November 2025, with apparel imports falling 2.40 per cent amid weak consumer demand, while textile imports rose 6.34 per cent on steadier manufacturing needs.
Exports of textile fibres edged lower, reflecting softer global prices and inventory adjustments in key Asian markets, despite brief monthly rebounds.

Canada Goose Holdings Inc. announced leadership changes to support global growth.
Daniel Binder becomes president, Asia Pacific while remaining chief transformation officer.
Niclas Ekerot joins as SVP, Global Stores.
Jonathan Sinclair steps down from Asia Pacific but stays on regional boards, while Carrie Baker will oversee North America on an interim basis following Ana Mihaljevic’s exit.

Puma has appointed Nadia as its most senior global marketing leader, overseeing brand strategy, creative direction and global communications worldwide.
With senior roles at JD Sports, H&M, Adidas, Tommy Hilfiger and most recently Hugo Boss, she joins as Puma sharpens product storytelling and innovation focus.
Nadia replaces Richard Teyssier and will work closely with chief brand officer Maria Valdes.

Union Budget of India: India’s textile sector, a major economic contributor, is facing tough competition. However, global supply chain shifts present a strategic chance for India to grow. Government initiatives and upcoming budget allocations aim to boost competitiveness. This sector can drive exports, create jobs, and strengthen India’s position in global trade.

On track for its fifth consecutive year of profit, Japan’s Fast Retailing has benefited from a pickup in sales in China – its largest overseas market – as ‌well as ‌an aggressive expansion strategy in North America and Europe.

Indian textile exporters foresee a significant drop in orders. A 50% decline is expected in early 2026. This follows steep US tariffs imposed earlier. American buyers are seeking alternative suppliers. Exporters face reduced price competitiveness and supply chain issues. Diversification efforts are underway but face challenges. The industry awaits government relief measures.

Sri Lankan garment manufacturers secured unprecedented access to the UK market under liberalised trade rules beginning January 1.
They are now allowed to source up to cent per cent of inputs from any country while maintaining tariff-free access to the UK.
There are fewer processing requirements now, removing the previous rule that two significant manufacturing processes must take place in Sri Lanka.