Fashion
India extends RoDTEP scheme till Mar 2026 to counter US tariffs
“In exercise of the powers conferred under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, as amended, read with Para 1.02 of the Foreign Trade Policy (FTP) 2023, the Central Government hereby notifies the extension of the RoDTEP Scheme beyond September 30, 2025. Accordingly, the RoDTEP Scheme shall remain in force and be applicable to exports made from Domestic Tariff Area (DTA) units, Advance Authorisation (AA) holders, Special Economic Zone (SEZ) units, and Export Oriented Units (EOUs) up to March 31, 2026,” the DGFT said in a notification issued today.
India has extended the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme by six months beyond September 30, 2025, to March 31, 2026, amid 50 per cent US tariffs.
The extension, notified by DGFT, will support exporters across DTA, AA, SEZ, and EOU units.
Current rates remain unchanged, with operations subject to the FTP 2023 budgetary framework.
The existing RoDTEP rates, as notified, shall continue to apply for all export items. However, the operation of the scheme will remain subject to the budgetary framework provided under Para 4.54 of FTP 2023, so that remissions during the financial year are managed within the approved allocation.
In August 2021, the government announced tax refund rates for 8,555 products, including yarn. Various central and state duties, taxes, and levies on input products are refunded under the scheme, with rates ranging from 0.3 per cent to 4.3 per cent. RoDTEP refunds taxes and duties not covered by other schemes, in line with WTO provisions for compensating duties, taxes, and levies on exported products. In the textile industry, the scheme provides relief for exports of 18 items, including sarees and lungis.
Fibre2Fashion News Desk (KUL)
Fashion
US brand Under Armour & Stephen Curry to separate Curry Brand in 2026
Under the separation, Curry will become independent of Under Armour. UA will release the Curry 13 – the final Curry Brand x Under Armour shoe – in February 2026 as planned, with additional colorways and apparel collections available through October 2026.
Under Armour and Stephen Curry will separate Curry Brand, concluding their decade-long partnership.
Curry Brand becomes independent as Under Armour refocuses on its core label and releases the final Curry Brand x UA shoe in February 2026.
Both praised the partnership’s impact on youth sports, community work, and performance innovation, with Curry signalling ambitious future growth.
“It’s been an incredible privilege to work with Stephen, who as President of Curry Brand has been much more than an ambassador – he’s become a thoughtful and strategic business leader,” said Kevin Plank, Founder and CEO of Under Armour. “Together with our teammates, he helped build something rare: a brand with credibility, community impact, and product that performs at the highest level. For Under Armour, this moment is about discipline and focus on the core UA brand during a critical stage of our turnaround. And for Stephen, it’s the right moment to let what we created evolve on his terms. We’ll always be grateful for what he’s brought to the UA team.”
Launched in 2020 as an extension of Stephen Curry’s longtime partnership with Under Armour, Curry Brand has combined performance innovation with community investments – especially in youth sports and underfunded basketball programs – while serving as a global platform for both parties’ on and off-court values. Through this partnership, Under Armour expanded its Project Rampart youth sports and education initiative to Oakland, and it will continue to support those efforts.
“Under Armour believed in me early in my career and gave me the space to build something much bigger and more impactful than a shoe. I’ll always be grateful for that.” said Stephen Curry. “Curry Brand was created to change the game for good and over the past 5 years, we successfully changed the game for kids, for communities, and for basketball. What Curry Brand stands for, what I stand for and my commitment to that mission will never change, it’s only growing stronger. I’m excited for a future that’s focused on aggressive growth with a continued commitment to keep showing up for the next generation.”
“This move lets two strong teams do what they do best,” Plank added. “Under Armour is focused on product innovation and performance for athletes at every level. Curry Brand gets the independence to determine its own future. That’s good for Stephen and good for UA.”
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
Fashion
China’s T&A exports down 1.6% in Jan–Oct amid soft global demand
The contraction underlines continued pressure on China’s textile-apparel trade amid a sluggish global demand environment and the diversification of sourcing by international brands. Weak consumer sentiment in key markets and greater supplier competition have kept export growth muted.
Exports of textile products—including yarns, fabrics, and related articles—rose *.* per cent to $***.*** billion, up from $***.*** billion in ****. This indicates resilience in upstream categories, supported by steady industrial and technical textile orders. These categories benefit from stable long-term contracts and less sensitivity to fashion-driven volatility. In contrast, garment and accessory exports dropped *.* per cent to $***.*** billion from $***.*** billion, as overseas retailers adjusted inventories and shifted part of their sourcing to Vietnam, Bangladesh, and Turkiye. Higher labour costs and geopolitical risks have accelerated sourcing shifts away from China, particularly in labour-intensive apparel segments.
Fashion
US’ AAFA backs tariff-free trade steps with El Salvador & Guatemala
The American Apparel & Footwear Association (AAFA) has welcomed frameworks for agreements on reciprocal trade with El Salvador and Guatemala. These frameworks incorporate key features vital for the US textile, apparel, and footwear industry.
AAFA has welcomed new frameworks for reciprocal trade agreements with El Salvador and Guatemala, saying they support US workers, strengthen Central American export markets, reduce consumer costs, and boost integrated supply chains.
The frameworks include removing reciprocal tariffs on CAFTA-DR–qualifying textile and apparel products.
Under these frameworks, the United States will remove reciprocal tariffs on products that qualify for the US/Dominican Republic-Central America FTA (CAFTA-DR). These actions follow each country’s commitments to take steps to strengthen their trade partnerships with the United States.
“We are grateful to President Trump and his trade negotiating teams for this bold step to support US workers and communities whose lives and livelihoods are directly enabled by US-Central American trade. These actions bolster key US export markets in Central America, reduce costs for American consumers, and reinforce the competitiveness of integrated regional supply chains that rely on US cotton and other textiles,” said Steve Lamar, AAFA president and CEO.
The removal of tariffs on these CAFTA-DR qualifying products, items like textiles and apparel that are already subject to strict rules of origin, ensures that the US/Central American partnership can continue to support workers and communities throughout the United States, AAFA said in a release.
“We urge these agreements to be finalised soon so that these gains can quickly take effect and encourage the United States to incorporate similar provisions in forthcoming agreements with our other CAFTA-DR partners,” added Beth Hughes, AAFA vice president of trade and customs policy.
Fibre2Fashion News Desk (HU)
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