Apparels

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.

The RoDTEP scheme neutralises embedded central, state, and local taxes and levies—including prior-stage cumulative indirect taxes on goods and services used in the production and distribution of exported products—that are not otherwise refunded or credited and remain embedded in export goods.

Trade body BGMEA recently urged Bangladesh Bank governor Ahsan H Mansur to release export incentive funds so that factories can pay wages and bonuses ahead of the Islamic festival of Eid-ul-Fitr.
Its representatives said delayed disbursements are pushing factories into a severe liquidity crisis.
Around Tk 57 billion in textile and garment sector incentives remain unsettled in this fiscal.

Amer Sports has reported FY25 revenue growth of 27 per cent to $6,566 million with margin expansion and strong profitability across segments.
Q4 revenue rose 28 per cent to $2,101 million, driven by Technical Apparel and Outdoor Performance.
Despite higher growth investments, earnings surged and outlook remains positive, with the company projecting double-digit growth momentum into 2026.

Rocky Brands has posted net sales of $139.7 million in Q4 2025, up 9.1 per cent YoY, driven by a 30.8 per cent surge in retail sales, while wholesale and contract manufacturing declined.
Net income rose 35.7 per cent to $6.5 million.
Full-year sales grew 6.2 per cent to $482 million with improved margins and profitability, supported by strong DTC demand despite tariff pressures.

India’s textile industry has urged the government to restore full RoDTEP benefits after rates were halved to 50 per cent, calling the move abrupt and disruptive to existing export orders.
CITI and industry leaders warned that the cut undermines margins, contractual commitments and competitiveness amid weak global demand and higher tariffs.

Gold demand shows resilience despite high prices. Indian gold ETFs witnessed record inflows in January, surpassing equity funds. Investment in bars, coins, and digital gold is surging. Consumers are opting for staggered purchases of jewellery. This trend highlights a growing investor interest in gold as an asset class.

Solitaire diamond rings are seeing a surge in demand among Indians aged 28-40, with sales rising 25-35% year-on-year following a 30% price drop. A 1-carat ring now costs ₹5-5.5 lakh, down from ₹7-8 lakh, making diamond-heavy, low-gold jewellery more appealing amid high gold prices. Millennials are driving growth, with engagements as the primary purchase but self-buys and milestone-driven purchases also rising. Lower entry barriers and a preference for accessible, meaningful jewellery, including 9-carat and 14-carat gold, are reshaping consumer behaviour, benefiting jewellers despite elevated gold prices.

China’s sock exports totalled $6.748 billion in 2025, slightly lower year on year despite volumes rising to 20.463 billion pairs.
Average prices fell to $0.33 per pair, reflecting aggressive competition, lower-priced product mixes and cost-conscious sourcing.
The US remained the top market, followed by Japan and Russia.
The trend highlights scale-driven competitiveness amid sustained margin pressure.

Prabhkiran Singh, who founded Bewakoof in 2012, cited personal reasons including health and family priorities for his departure. He will oversee a structured transition through March to ensure continuity. Bewakoof was acquired by Aditya Birla Fashion and Retail Ltd (ABFRL) through its digital venture TMRW in a ₹200 crore majority stake deal completed in February 2023.