Apparels

Deckers is positioning durability as central to UGG’s sustainability and circularity strategy, with long-lasting products, repairability and emotional consumer attachment driving value.
However, EVA recycling, product disassembly and post-consumer infrastructure remain key challenges.
UGG Renew, LWG Gold-rated tanneries and comfort-led innovation support the brand’s circular footwear approach.

Bangladesh trade body BGMEA and US-based Open Supply Hub have signed an MoU to strengthen apparel sector transparency and digitally presenting factory information on the global supply chain platform.
The two sides will create an integrated digital database platform that will enable buyers to directly access information on the location, product categories and special capabilities of garment units.

Representatives of two top Bangladesh garment trade bodies recently met PM Tarique Rahman and urged him to ensure uninterrupted power and energy supply, quick release of export receipts from banks, reopening of closed factories and easing of customs regulations.
BKMEA raised concerns about misuse of the bond facility and urged action against violators of bond licences.

For FY27, Under Armour expects slight revenue decline and margin improvement.
The company’s FY26 revenue fell 4 per cent to $5 billion, led by weaker North America sales, lower wholesale revenue, and a sharp footwear decline.
Gross margin narrowed due to tariffs and cost pressures.
In Q4, revenue slipped 1 per cent as North America weakened, though international and DTC sales grew.

Gold import duty hike: The Indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty to 15 percent. This move by the government is expected to encourage the grey market and smuggling. Industry leaders are meeting to discuss the implications and potential actions. Consumers may opt for lighter gold jewellery as prices rise.

“As expected, the government has raised duties to ​curb the current account deficit. However, this could affect ⁠demand, as gold ‌and silver prices were already elevated,” said Surendra Mehta, national secretary ​at the ​India Bullion and Jewellers Association.

Consumers are rushing to buy bridal jewellery across India. This surge follows Prime Minister Narendra Modi’s call for austerity measures. Jewellers report a significant increase in sales. Customers fear higher import duties or GST on gold. Many are advancing purchases planned for later in the year. This buying frenzy is driven by uncertainty and cultural significance of gold.

India’s retail landscape is shifting as smaller Tier-2 cities are now attracting global brands and premium malls, outperforming larger metros. A new study reveals a parallel retail economy emerging, driven by strong consumption power and modern infrastructure in these rapidly developing urban centers.

Delta Galil Industries has reported record Q1 2026 sales of $573 million, up 15 per cent YoY, with gross profit rising 18 per cent to $238.8 million.
The gross margin improved to 41.7 per cent, supported by factory efficiency and favourable exchange rates.
EBIT also reached a Q1 record, while the company reaffirmed its full-year 2026 guidance.

Gaurik Fashions has filed draft IPO papers with Sebi to raise funds through a fresh issue of 62 lakh shares and an OFS of 8 lakh shares by Aries Opportunities Fund. The retailer, which operates stores for brands such as Skechers, Guess and Bugatti, plans to use the proceeds to expand its retail footprint by opening new stores and funding inventory requirements across its subsidiaries.