Fashion
India’s textile & apparel exports rise in Apr-Aug, growth slows down
Indian textile & apparel exports were shadowed by US tariffs, which came into effect last month. Growth rate in the outbound shipment slowed down from 3.8 per cent in the first four months of current fiscal.
India’s textile and apparel exports rose 2.52 per cent to $15.11 billion in April–August FY26, but growth slowed from 3.8 per cent earlier as US tariffs hit competitiveness.
Apparel exports grew 5.78 per cent, while textiles were flat.
August saw declines in both segments, and rising cotton imports added pressure to the sector’s trade balance.
It is pertinent to mention that the US had increased reciprocal tariff on Indian goods from 10 per cent to 25 per cent from August 7. After 20 days, it had imposed another 25 per cent penal tariff on Indian goods. It made Indian goods more expensive in the US and uncompetitive against other exporting countries.
According to an analysis by the Confederation of Indian Textile Industry (CITI), India maintained milder growth in textile and apparel exports during the period, compared to $14.742 billion during the first five months of the previous fiscal year 2024–25, when apparel exports were $6.395 billion, and textile exports stood at $8.346 billion.
In August 2025, the shipments of both segments—textiles and apparel—noticed mild decreases. Apparel exports eased by 2.65 per cent to $1.234 billion, down from $1.268 billion in August 2024, whereas textile exports fell by 2.79 per cent to $1.696 billion from $1.745 billion. During July 2025, apparel exports were up but textile exports were down.
The share of T&A in India’s total merchandise exports remained stable 8.21 per cent during April– August 2025, according to the latest trade data released by the Ministry of Commerce and Industry.
Within the textiles segment, exports of cotton yarn, fabrics, made-ups, and handloom products eased by 0.62 per cent to $4.865 billion in the first five months of FY26. On the other hand, exports of man-made yarn, fabrics, and made-ups rose marginally by 0.24 per cent to $1,994.99 million, while carpet exports increased by 1.32 per cent to $623.08 million.
In August 2025, exports of cotton yarn, fabrics, made-ups, and handloom products eased by 2.32 per cent to $985.18 million, while exports of man-made yarn, fabrics, and made-ups fell 3.08 per cent to $406.15 million. Carpet exports dropped by 7.22 per cent to $119.21 million.
Imports of raw cotton and waste surged by 48.75 per cent to $510.48 million during April– August 2025, compared to $343.18 million in the same period of the previous fiscal. Imports of textile yarn, fabrics, and made-ups rose by 8.67 per cent, from $994.21 million to $1,080.45 million.
In August 2025, imports of raw cotton and waste increased by 21.32 per cent, from $104.89 million to $127.25 million. Imports of textile yarn, fabrics, and made-ups eased by 0.59 per cent to $227.35 million.
In FY25, India’s apparel exports rose by 10.03 per cent to $15.989 billion, while textile exports grew by 3.61 per cent to $20.617 billion. Imports of raw cotton and waste surged by 103.67 per cent to $1.219 billion, and imports of textile yarn, fabrics, and made-ups increased by 8.69 per cent to $2.476 billion.
In FY24, India’s T&A exports stood at $34.430 billion, marking a 3.24 per cent decline from $35.581 billion in FY23. Imports of raw cotton and waste were valued at $598.63 million in FY24, down 58.39 per cent from $1.439 billion in FY23. Imports of textile yarn, fabrics, and made-ups also fell by 12.98 per cent to $2.277 billion.
Fibre2Fashion News Desk (KUL)
Fashion
Weak demand drags US textiles & apparel exports down 3.6% in Jan–Sept
Shipments to major markets including Mexico, Honduras, the Dominican Republic, Canada, the United Kingdom, and China contracted, with declines of up to **.** per cent. Exports to Mexico fell *.** per cent to $*,***.*** million, signalling slower manufacturing activity in its export-oriented apparel sector, which relies heavily on US yarns and fabrics. Weakness in Honduras and the Dominican Republic similarly mirrors subdued orders from US brands, weighing on regional supply chains linked through CAFTA-DR as brands rebalance inventories and sourcing volumes.
By contrast, exports to the Netherlands, Japan, and Belgium rose by as much as **.** per cent. These gains were supported by steadier demand for technical textiles and niche fabrics, as well as sourcing adjustments by European manufacturers seeking to diversify material suppliers and reduce overdependence on a limited number of Asian inputs.
Fashion
Puma secures more than €600 million in additional financing facilities
By
DPA
Published
December 18, 2025
Sportswear business Puma has secured additional financing of more than €600 million. It comprises a €500 million facility and a further €108 million in committed credit lines, according to a statement on Thursday. The aim is to reduce utilisation of the existing €1.2 billion revolving credit facility while increasing the company’s financial flexibility.
The new €500 million facility is fully guaranteed by Santander Corporate & Investment Banking (Santander CIB). Both new financing instruments have maturities of up to two years.
Markus Neubrand, CFO of Puma SE, said: “While our existing syndicated credit facility and promissory notes remain available, today’s announcement will enhance our financial flexibility as we work to finalise our long-term financing structure. The fact that our banking partners have further expanded their commitment and business relationship underlines the confidence in our future business model and strategic direction. This will enable us to realise our strategic priorities and our goal of establishing Puma as a top-three sports brand worldwide.”
FashionNetwork.com with dpa
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Fashion
Free People to relocate West End store, will also debut in Scotland
Published
December 18, 2025
Free People’s London flagship on Regent Street is closing at Christmas, a decision that sees the US lifestyle brand relocating to a new 4,550 sq ft space on nearby Argyll Street.
Targeting an opening date sometime in the spring, the new flagship promises to offer an “elevated retail experience”.
Free People, which is owned by Philadelphia-based retail giant Urban Outfitters Inc, is also planning to open a new store in Edinburgh in January, becoming its first store in Scotland.
Free People managing director of International, Chris Worthington, said: “The UK is the cornerstone of our international growth strategy, and we are thrilled with the response from our British customer base.
“As we evolve our physical footprint, our focus is increasingly on finding unique locations that allow us to immerse our customers in the Free People brand experience.”
He added: “We’re prioritising locations that give us the creative flexibility to design compelling, distinct zones that allow us to tell our complete brand story in a more dynamic and expansive way.”
Argyll Street will join four other Free People London stores (Covent Garden, King’s Road, Shoreditch and Hampstead) plus Richmond in Greater London.
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