Apparels

Bangladesh’s BGMEA seeks policy reforms, release of pending incentives

Bangladesh trade body BGMEA representatives recently met Finance Minister Amir Khasru Mahmud Chowdhury and urged him to release pending cash incentives without waiting for quarterly release schedules and simplify the disbursement process.
They said bank audit procedures have stalled numerous applications.
They also raised concerns over loan rescheduling and working capital.

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New Zealand’s apparel imports ease down to $101 mn in Jan 2026

New Zealand’s apparel imports fell 6.8 per cent YoY in January 2026 as retailers maintained cautious sourcing and inventory discipline.
Both knitted and woven garment shipments declined, while apparel exports also softened.
In contrast, textile fabric imports and knitted fabric exports grew strongly.
The trend signals weaker apparel trade but resilient intermediate textile demand.

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Sri Lanka’s apparel exports down 2.6% in January 2026

Sri Lanka’s apparel exports declined 2.66 per cent YoY to $425.44 million in January 2026 amid weak global demand.
Shipments to the US and EU softened, while the UK remained stable with slight growth.
Other markets saw sharper contraction.
JAFF highlighted DCTS benefits and tariff changes while suggesting diversification and efficiency to sustain competitiveness.

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South Korea’s Misto Holdings completes planned leadership transition

Misto Holdings founder Gene Yoon has transitioned to honorary chairman in a planned leadership succession, formally handing executive control to president and CEO Kevin Yoon.
The founder, who expanded the group through the FILA global trademark acquisition and the takeover of Acushnet, will continue guiding long-term strategy as the rebranded Misto focuses on governance and sustainable growth.

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Germany’s Puma’s FY25 sales slide on wholesale reduction

Puma has reported sales of €7.3 billion (~$8.61 billion) in FY25, with currency-adjusted revenue down 8.1 per cent amid strategic reset actions.
Wholesale declined while DTC share increased.
Margins contracted and EBIT turned negative, leading to a net loss.
Q4 saw sharper declines across regions and categories.
Puma expects further sales softness and negative EBIT in FY26.

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Sri Lanka’s apparel exports down 2.6% in January 2206

Sri Lanka’s apparel exports declined 2.66 per cent YoY to $425.44 million in January 2026 amid weak global demand.
Shipments to the US and EU softened, while the UK remained stable with slight growth.
Other markets saw sharper contraction.
JAFF highlighted DCTS benefits and tariff changes while suggesting diversification and efficiency to sustain competitiveness.

Sri Lanka’s apparel exports down 2.6% in January 2206 Read More »

ABFRL appoints Pranchal Srivastava as CBO for The Collective, International Brands

Aditya Birla Fashion and Retail Limited (ABFRL) has appointed Pranchal Srivastava as Chief Business Officer for The Collective and its International Brands portfolio. Srivastava previously served as Senior Vice President in the Chairman’s Office at the Aditya Birla Group, where he worked on strategic initiatives across consumer businesses, including growth, investments and digital transformation.

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Charles & Keith to open 6-7 India stores this year; opens 24th outlet in the country

Charles & Keith is planning to open 6-7 new stores across India this year, stepping up expansion in the aspirational accessories segment, as it launched its 24th outlet at Unity One, Elegante Mall in Delhi-NCR. The 103 square metre store is the brand’s seventh in the NCR region and follows its sixth-generation global retail concept.

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