GLOBAL APPAREL LEADERSHIP
What India's roadmap to global apparel leadership should look like
India's textile and apparel industry is aiming for USD 100 billion in exports by 2030 through Free Trade Agreements. The focus should be on enhancing capabilities in quality, delivery, and price to remain competitive. Indian manufacturers must leverage automation, digitization, and vertical integration to improve efficiency and respond to global demands.
Stop AI from Eroding Your Brand
Artificial intelligence is changing how companies operate and how customers experience their brands. New research suggests that companies with lower levels of “brand debt”—the trust, relevance, and consistency lost when products, experiences, and decisions drift away from customer expectations—are significantly more likely to outperform their peers. Drawing on a benchmark of 60 companies and lessons from Bose’s digital transformation, the lessons here are that managing brand debt should become an enterprise-wide priority rather than a marketing exercise. As AI increasingly shapes customer interactions, companies that manage brand debt deliberately will be better positioned to strengthen trust, sustain growth, and preserve competitive advantage
After Japan and Korea, now Singapore: UP's big plan to build a foreign-style city near Noida airport; check location, sectors and investment plans
Uttar Pradesh is planning to develop a dedicated 'Singapore City' in Sector 7 near Noida International Airport at Jewar to attract foreign investment and boost regional growth. Following talks between Chief Minister Yogi Adityanath and a Singapore business delegation, the proposed project will focus on logistics, semiconductors, data centres, AI, green energy and modern urban infrastructure.
Lululemon puts Nike veteran in charge of product as CEO O'Neill looks to right ship
Lululemon Athletica has appointed Maggie Gauger as chief product officer to lead product development. Gauger previously worked at Nike and was CEO of Gap's Athleta brand. The company is also undergoing significant leadership changes with several key executives leaving. Investors are closely monitoring Lululemon's efforts to revive its declining performance and market position. Lululemon aims to establish a strong foundation for sustainable growth with these leadership shifts.
Shein seeks fast-fashion deals to spur growth
Armed with $15 billion in cash, according to its prospectus, plus another $1.74 billion raised in the IPO, it is primed for an acquisition-driven phase as it seeks to recover from stalled sales growth.
Gap shares surge 24% after Old Navy leadership shake-up, profit forecast raised
Gap shares jumped as much as 24.1% after the retailer named Michael Francis as Old Navy CEO and raised its annual profit forecast. The appointment comes as Old Navy struggles with falling comparable sales, while Gap's other brands gain momentum. Investors are betting on a turnaround at the company's biggest brand.
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Retail GCCs double AI hiring, but India has only 320 senior AI professionals
AI penetration in India’s Retail GCCs more than doubled to 4.8% in 2025 and could reach 10.6% by 2028, TeamLease Digital said. But senior talent remains scarce, with only 320 AI professionals having eight-plus years of experience. Bengaluru alone accounts for 185 of them.
Stitching the Value Chain: How PM MITRA parks are rewriting India's textile destiny
India's textile sector, a vital economic pillar, is undergoing a transformative shift with the PM MITRA scheme. This initiative aims to overcome historical fragmentation by creating integrated textile parks, fostering a 'Farm to Foreign' value chain. The scheme is poised to boost exports, create millions of jobs, and enhance global competitiveness while ensuring social equity.
Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?
Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Global and Welspun Living. The brokerage expects improving global demand, trade agreements and supply-chain shifts to support India’s textile sector recovery and long-term export growth.
Kesaria Textile Company takes global leap with launch in Kathmandu
Ritesh Modi-led textile company opens its first international wholesale franchise, connecting Nepal’s apparel trade with Surat’s manufacturing ecosystem.
US-India trade pact to provide structural support to MSMEs: CM Adityanath
Uttar Pradesh Chief Minister Yogi Adityanath stated a proposed India-US trade agreement will boost the state's export economy. The pact will support small and medium enterprises and labor-intensive industries.
Trade deal with US 'decisive boost' for India's textiles sector: Giriraj Singh
A new India-US trade deal promises a significant boost for the country's textiles sector, with lower tariffs expected to enhance export competitiveness and create jobs. The US, India's largest textile export market, will reduce reciprocal tariffs, a move industry leaders believe will strengthen India's position against competitors and revive stalled orders.
India-EU FTA: A strategic leap strengthening India’s global economic clout
Together, India and the EU account for nearly one-third of global trade and about one-quarter of the global GDP.
Renewable energy adoption rises in Indian textile sector, but intensity-related challenges persist: Report
Indian textile manufacturers are stepping up their game with a strong push towards renewable energy adoption. However, an unsettling trend is emerging: energy usage per revenue unit is on the rise. Apparel companies are at the forefront of solar energy integration, showcasing impressive advancements. Yarn and fabric divisions are also experiencing remarkable transformations, with integrated segments following suit.
Bharat Tex 2026 to be held from July 14-17 in Delhi
Bharat Tex 2026, India's premier global textiles and apparel event, is scheduled for July 14-17 in New Delhi. This edition aims to elevate the platform, focusing on Industry 4.0, ESG, and R&D. The event will highlight India's role as a sustainable sourcing hub, offering opportunities for MSMEs, startups, and artisans. It will showcase circular manufacturing, responsible production, and textile innovation.
Govt notifies major amendments to PLI scheme for textiles
The Textile Ministry has revised its Production Linked Incentive Scheme for textiles. Key changes include expanding eligible products, halving minimum investment requirements, and reducing the incremental turnover criteria. These amendments aim to lower entry barriers and encourage more companies to invest. The application portal is now open until December 31, 2025, to foster wider industry participation and growth.
GBCI, apparel exporters' body sign pact for sustainable manufacturing
Apparel Export Promotion Council partners with Green Business Certification Institute. The goal is to boost sustainable garment production in India. This collaboration aims to increase LEED-certified garment factories. Focus is on energy efficiency and resource conservation. Sudhir Sekhri highlights the industry's commitment to sustainability. Mithileshwar Thakur notes India lags behind Bangladesh in LEED certifications.
Trump tariff could become a catalyst to tackle high import tariffs & low FDI hitting India's exports: HSBC
India's export growth has been affected by high import tariffs and low FDI in mid-tech sectors over the past decade. With potential US trade tariffs under Trump's administration, reforms could provide a catalyst for change, emphasizing the need for significant policy adjustments to leverage new global supply chain opportunities.
Trade tariffs will not negatively impact textile sector; India is in a position to gain: Welspun Living’s Dipali Goenka
The MD and CEO of home textiles major Welspun Living stated that a lot of factors are working in favour of India’s economy, which will mitigate any disadvantages arising from trade tariffs.
Mega textile parks to be set up in seven states, says PM Narendra Modi
He added, "PM MITRA mega textile parks will boost the textiles sector in line with 5F (Farm to Fibre to Factory to Fashion to Foreign) vision. Glad to share that PM MITRA mega textile parks would be set up in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, MP and UP."
Raymond appoints Atul Singh as Executive Vice Chairman
Atul Singh comes with diversified experience of over 35 years leading multi-billion dollar businesses across several geographies globally. His biggest stint was with Coca-Cola for about two decades at several senior leadership positions, including as Coke India President and as Asia Pacific division Chairman.
Indian textile exports can hit $65 billion if industry majors take the right steps: Report
The report said a variety of factors have contributed to India’s recent trade performance. India has factor cost disadvantages (example, power costs 30 to 40 percent more in India than it does in Bangladesh). Lack of free or preferential trade agreements with key importers, such as the European Union, United Kingdom, and Canada for apparel as well as Bangladesh for fabrics also puts pricing pressure on exporters.
Strong demand for Indian apparels to further push exports: AEPC
Strong demand and healthy order books will further help in boosting the country's exports in the coming months, AEPC Chairman A Sakthivel said. "We have a fast-growing order book from brands and buyers across the world...With the help of strong demand conditions, Indian apparel exports will see historic highs soon in the next coming months," he said
The Complete Man, Raymond is now trying to get a complete makeover. Here's how
From silver cufflinks, leather shoes and travel bags to men’s ethnic wear, to concierge tailoring services, Raymond is going deeper into male wardrobe.
India should play proactive role in promoting open global markets
The environment for global trade policy "has probably" undergone a paradigm shift in the aftermath of Brexit and the US elections, the survey added.
Buy Arvind, target Rs 349: SMC Research
The company has been on an expansion spree to increase its retail presence ramping up its brand portfolio. The company has added eight stores for brands like GAP and Sephora and one for Aerospatale in the current year
FashionAndYou expands team, appoints Anurag Sharma, Shyam Katuri as apparel, non-apparel sourcing leads
By 2020, it is estimated that online fashion retail will make up almost 35% of the total revenue generated by e-retail in India.
Myntra weighing competing offers to raise over Rs 300 crore
The board of directors at online fashion retail portal Myntra is considering offers from two competing groups of investors eager to back the ecommerce firm.
Levi Strauss & Co appoints Harmit Singh as Global CFO
A SRCC alumni and a chartered accountant, Singh has almost 30 years of working experience that includes more than a decade at Yum! Brands.
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