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)
By
Bloomberg
Published
September 16, 2025
Sequoia Capital’s former Asian arms are investing in a little-known startup that hunts and helps take down unauthorized sales listings of AI chips, drugs, games and luxury products.
Los Angeles-based Marq Vision Inc. raised $48 million in a Series B round led by Peak XV Partners, formerly Sequoia’s India and Southeast Asia business, with participation from HSG, formerly Sequoia China. Salesforce Ventures and Tokyo-based Coral Capital Inc. also participated alongside existing investors Y Combinator, Altos Ventures Management Inc. and Atinum Investment Co., lifting the total amount raised for the company to $90 million, according to a statement.
The five-year-old startup, which counts some LVMH Moet Hennessy Louis Vuitton SE brands among its customers, is opening an office in Tokyo to meet growing calls in the world’s anime and creative industry mecca to combat a surge in copycats with the advent of generative AI.
“It’s kind of AI against AI,” said founder Mark Lee, who declined to comment on the company’s valuation. AI gives the startup the ability to tackle counterfeits at scale, but the same technology is also available to scammers and pirates, helping to contribute to an estimated $3 trillion illicit economy, he said. “The magnitude of the problem has also increased.”
Last year, the startup’s AI tools flagged about 50 million potential intellectual property violations, including impersonations across some 1,500 e-commerce and social media sites. It helped get about 99% of those taken down, Lee said.
Marq Vision’s staff in Shanghai and Seoul have worked with Asian companies to address the high volume of counterfeits manufactured in the region, Lee said. It’s also increasingly working with animation studios, fashion brands and other creators in Asia, as the region grows into an IP powerhouse of its own, he said.
“Japan and Korea are our strong suit, and we want to expand here more quickly,” he said.
Translated by
Nazia BIBI KEENOO
Published
September 16, 2025
Burel Factory has just announced the launch of its new Wool & Pet collection, featuring clothing and accessories for pets, now available on the Serra da Estrela-based brand’s website.
“Introducing Burel Factory’s first pet collection — Wool & Pet, where timeless craftsmanship meets tail-wagging comfort,” the Beira-based artisan brand states in a press release. “Designed with the same care, quality and natural materials, your four-legged friends can now enjoy durable performance on outdoor walks and cozy comfort indoors.”
“Made from burel wool with leather detailing, each piece is carefully crafted to deliver durability, comfort and timeless design — whether for a stroll in the park or a cuddle on the sofa. A perfect collection for your beloved companions.”
“Burel Factory takes a pioneering step into the pet world with its first collection, where each piece reflects the brand’s unique identity, using the iconic burel — natural, hard-wearing and sustainable — to create accessories that blend contemporary design with comfort, enhancing your pet’s well-being,” the brand states on its website, Burelfactory.com.
The Wool & Pet collection, a first for Burel Factory in this category, features nine items: an adjustable neck-and-chest cover (Pet Cover), lined with wool flannel, priced at €69; a hands-free leash (Hands-Free Leash), adjustable to five positions for hand, waist or shoulder use, with carabiners at both ends for side adjustment and collar attachment, priced at €31; an adjustable burel and leather collar (Collar), priced at €32; a burel pet bed (Pet Bed), with removable lining and filling for easy washing, plus a leather handle, priced at €107; an adjustable harness (Harness), which attaches to the leash via a D-ring in two positions (chest and back), and is adjustable in width and length, priced at €47; an adjustable collar with a reversible bandana (Collar with Bandana), priced at €38; a reversible vest, adjustable at the neck and chest (Pet Reversible Puffer), priced at €77; a burel fabric pouf for the home (Pet Pouf), with removable filling for easy washing and a leather handle, priced at €105; and, finally, a multipurpose blanket for lying on or covering (Pet Blanket), with leather trim, priced at €65.
All items are crafted on Portugal’s highest mountain, drawing on the ancestral savoir-faire of Portuguese shepherds. They are offered in colors inspired by the mountain landscape, with two or three options available for each product.
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Copyright © 2025 FashionNetwork.com All rights reserved.
By
Ansa
Published
September 16, 2025
LVMH has completed building its position in Moncler, and the investment agreement between Moncler chairman Remo Ruffini and the French luxury giant has therefore lapsed, but only insofar as it governed the purchase of shares in the Italian company by Ruffini’s holding company, Double R, in order to accommodate LVMH.
The news comes via a paid notice, which explains that, following completion of the purchases and Double R’s capital increase, the provisions of the shareholders’ agreement governing this transaction cease to have effect, while the shareholders’ agreement between the same parties otherwise remains in force.
This is the transaction, announced last year, through which the French group entered Moncler, where it has now indirectly reached 4 per cent of the share capital. Double R has, in fact, increased its stake in Moncler to 18.2 per cent through a programme of purchasing Moncler shares over a period of about a year. The purchases were financed by LVMH, which has increased its investment in Double R to 22 per cent.
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Copyright © 2025 ANSA. All rights reserved.
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