Fashion
India extends anti-dumping duty on flax fabric from China, Hong Kong
The government has formally notified the continuation of ADD on imports of flax fabric from China and Hong Kong, following the outcome of the sunset review investigation. The extension was issued through Notification No. 31/2025-Customs (ADD) by the Ministry of Finance, Department of Revenue, last Friday.
India has extended anti-dumping duty on flax or linen fabric imported from China and Hong Kong for another five years, following a sunset review that confirmed continued dumping and injury to domestic producers.
DGTR found increased import volumes and suppressed domestic prices despite earlier duties.
Imports from China will attract $2.36 per metre, while those from Hong Kong will face $1.14 per metre.
The subject goods are defined as woven fabric containing more than 50 per cent flax content—commonly referred to as flax or linen fabric—classified under HSN code 5309 of the Customs Tariff Act, 1975.
The Directorate General of Trade Remedies (DGTR) initiated the review on March 29, 2025. In its final findings on August 8, 2025, the authority confirmed continued dumping of these goods from China and Hong Kong, resulting in material injury to the domestic industry. The report cited a rise in import volumes despite existing duties, deterioration in domestic price levels due to import undercutting, and suppression of domestic prices, which prevented local manufacturers from passing on increased raw material costs.
Based on these findings, the Central Government has extended the anti-dumping duty on flax fabric imports from the identified sources. Imports originating in or exported from China will attract a duty of $2.36 per metre, while those linked to Hong Kong will face a duty of $1.14 per metre, irrespective of producer or exporter. The duty is payable in Indian currency, calculated as per the exchange rates notified by the Ministry of Finance under Section 14 of the Customs Act, 1962, on the date of filing the bill of entry. The latest notification confirms that the duty will remain in effect for the next five years from its date of publication.
The continuation of the duty aims to ensure fair trade and protect domestic producers of flax-based fabrics and linen textiles, who have faced sustained price and volume pressures from lower-priced imports.
Fibre2Fashion News Desk (KUL)
European businesses expect a sharper hit from US tariffs and trade frictions in 2026, after limited impact in 2025 due to front-loading, according to a survey by BusinessEurope.
It estimated GDP losses of 0.5–0.6 pps next year, and around 0.7 between 2025 and 2027.
Most firms reported reduced competitiveness and rising costs, urging tariff stability and simplified customs to restore predictability.
Source link
Fashion
Zara bolsters global collaboration strategy, unveils collection alongside Ludovic de Saint Sernin
Published
November 11, 2025
Inditex‘s flagship brand Zara reaffirms its commitment to international collaborations. The label has joined forces with Belgian designer Ludovic de Saint Sernin to create a capsule collection that marries contemporary sensuality with timeless elegance. Under the name “Ludovic de Saint Sernin x Zara,” the collection, which includes ready-to-wear pieces, footwear and accessories, will be available from November 17 on the brand’s e-commerce platform and in selected stores worldwide.
“What we’ve created together is my idea of the perfect wardrobe: garments of exceptional quality that I want to wear, that I want my friends to wear- that I want everyone to wear!” said the designer, adding that “the most incredible thing about working on this collection was knowing that it would have a truly universal reach.”
Inspired by the cinematic energy of New York, the collection pays homage to the 1980s and 1990s, reinterpreting this aesthetic through a modern lens with materials such as satin-finished wool, silk satin, and supple leather, featured in pieces like a jet-black short coat and waxed jeans. The capsule also includes some of the designer’s most recognisable codes, such as metal eyelets, reimagined as polished chrome studs that embellish trench coats, dresses, and accessories.
Starring models including Alex Consani and Amelia Gray and directed by Gordon von Steiner, the campaign for the new collection transports the shared universe of the Belgian designer and the Spanish brand to a dreamlike landscape, frozen in time in the heart of Manhattan. The video shows the models wearing a series of pieces from the capsule, striking a balance between the real and the imaginary.
Through this partnership, Zara takes another step forward in its strategy of high-profile international collaborations, having previously joined forces with names such as British stylist Harry Lambert, with whom it has collaborated on several occasions, and Ghanaian painter Otis Kwame Kye Quaicoe, with whom it presented a menswear capsule last July.
Ludovic de Saint Sernin is himself no stranger to partnerships with Spanish firms. In February 2024, the designer made his debut at New York Fashion Week, where he presented his autumn/winter 2024 collection, accompanied by jewellery created by the Catalan brand Tous, designed especially for the occasion by the designer himself.
Founded in 1975, the Galician brand, which is celebrating its 50th anniversary this year, had a commercial network of 1,759 points of sale as at the end of 2024, including company-operated stores and franchises. In financial terms, Zara and Zara Home recorded a combined turnover of 27,778 million euros in their last financial year, 6.6% more than the previous year.
The brand is part of the Inditex conglomerate, chaired by Marta Ortega, whose portfolio also includes Massimo Dutti, Bershka, Stradivarius, Pull&Bear, Oysho, and Lefties. The group, for its part, achieved a turnover of 38,632 million euros in the same period, with year-on-year growth of 7.5%.
This article is an automatic translation.
Click here to read the original article.
Copyright © 2025 FashionNetwork.com All rights reserved.
The operating margin improved 160 basis points (bps) to 12.1 per cent, driven by lower selling, general and administrative (SG&A) expenses and effective cost-saving initiatives.
US’ HanesBrands Inc has reported net sales of $892 million in Q3 2025, down 1 per cent YoY, while operating profit rose 14 per cent to $108 million and margin improved to 12.1 per cent.
EPS surged 986 per cent to $0.76, aided by tax benefits.
Despite weaker US and international sales, cost savings, margin expansion, and market share gains strengthened results ahead of its merger with Gildan.
Adjusted operating profit increased 3 per cent to $116 million, with an adjusted operating margin of 13 per cent—up 45 bps YoY. Gross profit slipped 3 per cent to $363 million, with gross margin narrowing 70 bps to 40.8 per cent, primarily due to an unfavourable business and customer mix.
The earnings per share (EPS) surged 986 per cent to $0.76, boosted by a $0.64 per share discrete tax benefit. Adjusted EPS climbed 25 per cent to $0.15, reflecting stronger operational performance and lower interest expenses. The balance sheet continued to strengthen, with leverage decreasing to 3.3 times net debt-to-adjusted EBITDA, compared to 4.3 times a year ago, HanesBrands said in a press release.
In the US market, net sales declined 4.5 per cent due to a late-quarter shift in replenishment orders at a large retail partner. Nevertheless, HanesBrands saw sequential improvement in unit point-of-sale trends each month and recorded a successful back-to-school season, with the Hanes brand gaining market share. Operating margin in the segment rose 20 bps to 22.2 per cent.
International net sales fell 8 per cent on a reported basis, including a $4 million forex headwind, and 6 per cent in constant currency. Sales improved in Japan but declined in the Americas and Australia. The operating margin in the segment dropped 230 bps to 10.2 per cent, impacted by lower volume and higher brand investment.
The cash flow from operations stood at $28 million, down from $92 million in Q3 2024, while free cash flow totalled $22 million, compared to $88 million last year. Inventory levels rose 10 per cent YoY to $991 million, largely due to tariff-related impacts, though stock keeping unit (SKU) count was reduced by 5 per cent year-to-date, reflecting tighter inventory management.
“Our top-line results for the quarter reflect an unanticipated late quarter shift in replenishment orders at one of our large US retail partners; however, we saw underlying fundamentals of our business continue to improve in the quarter. Our inventory position at retail is strong. We are encouraged by our unit point-of-sale trends, which sequentially improved each month during the quarter. We are also pleased with our strong back-to-school season as the Hanes brand continued to gain market share,” said Steve Bratspies, CEO at HanesBrands Inc.
“In addition, the continued execution of our cost savings initiatives drove operating profit growth and operating margin expansion, which along with lower interest expense, combined to generate a 25 per cent increase in adjusted earnings per share in the quarter. Looking forward, our team remains focused on driving the business and the successful completion of the transaction with Gildan,” added Bratspies.
HanesBrands and Gildan Activewear entered into a definitive merger agreement on August 13, 2025, under which Gildan will acquire HanesBrands. While the company will not be providing guidance going forward due to the pending transaction, it believes it’s on track to meet its previously provided full-year 2025 EPS outlook, added the release.
Fibre2Fashion News Desk (SG)
Matt, Ross Duffer reveal the secret behind ‘Stranger Things’ success
Grocery price inflation slows in positive news for shoppers ahead of Christmas
Switch to an Ergonomic Mouse and Give Your Wrists a Break
-
Sports1 week agoPakistani runners make their mark at Istanbul Marathon
-
Entertainment1 week agoGeorge Clooney on “Jay Kelly,” fame and family
-
Fashion1 week agoCoach reconnects with Bank & Vogue for upcycled bags using corduroy
-
Tech1 week agoCISOs in court: Balancing cyber resilience and legal accountability | Computer Weekly
-
Business1 week agoFirst new Amazon electric heavy goods vehicles hit UK roads
-
Entertainment1 week agoKate Middleton, Queen Camilla unite amid renewed tensions over Andrew
-
Sports1 week agoNFL broadcaster Cris Collinsworth makes government shutdown joke as Seahawks clobber Commanders
-
Politics1 week agoAfghanistan rocked by 6.3-magnitude quake in Hindu Kush mountains