Fashion
QCO removal lifts apparel sector; polyester yarn growth to stay flat
India’s withdrawal of the Quality Control Order (QCO) on several polymer and fibre intermediates is set to lift cost pressures for downstream textile producers, particularly readymade garment exporters, as per Crisil Ratings.
India’s removal of QCO norms on polymer and fibre intermediates will lower input costs for textile exporters.
Polyester yarn manufacturers are expected to post flatter 3–5 per cent revenue growth as cheaper imports drag down realisations.
Interest cover is set to weaken to 2.7–2.9 times as crude volatility and tariff gaps continue to pressure the upstream segment.
The move will make raw material imports cheaper and support volumes, but polyester yarn manufacturers could see flat revenue growth of 3–5 per cent next fiscal due to lower realisations, heightened import competition and softened crude prices.
The Ministry of Chemicals and Fertilisers scrapped the QCO on November 12, 2025, reversing a mandate introduced in October 2023 that required BIS certification to curb the influx of cheaper Chinese polyester yarn. The change is expected to ease sourcing for apparel makers, who derive 25–30 per cent of their revenue from exports, a third of which go to the US.
The home textile sector, which earns two-thirds of its revenue from exports—55–60 per cent to the US—is likely to gain less due to its stronger tilt toward cotton-based products, Crisil Ratings said in a release.
Industry analysis of 20 polyester yarn producers, representing 40–45 per cent of sector revenue, indicates weakening margins and a decline in interest cover to 2.7–2.9 times next fiscal from 3.5–3.7 times this year.
Persistent tariff disparities with competing nations, fallout from US trade actions and volatility in crude-linked input prices remain key risks across the textile chain.
Fibre2Fashion News Desk (HU)
Fashion
Confidence lowest among Dutch textiles-apparel-leather manufacturers
Half of the various industrial sectors produced more than they did last year.
The calendar-adjusted output of the Dutch manufacturing sector was 0.7 per cent higher YoY in November 2025, according to Statistics Netherlands.
Half of the various industrial sectors produced more than they did last year.
Producer confidence in December was above the 20-year average of minus 1.3.
Manufacturers in the textiles, apparel and leather industry were the most negative (minus 4.5).
Producer confidence was less negative in December than the previous month. It stood at minus 1.1, up from minus 1.7 in November. Manufacturers were less negative about their current stocks. Their assessment of the output for the next three months and their current stocks of finished products remained largely unchanged.
Producer confidence in December was above the 20-year average of minus 1.3. Confidence reached an all-time high (10.4) in October 2021 and an all-time low (minus 31.5) in April 2020.
Confidence improved in five of eight of the underlying industrial sectors. However, manufacturers in the textiles, apparel and leather industry were the most negative (minus 4.5).
Fibre2Fashion News Desk (DS)
Fashion
Globes red carpet: chic black, naked dresses and a bit of politics
By
AFP
Published
January 12, 2026
Hollywood’s top stars hit the red carpet on Sunday for the Golden Globes, the first major event on the road to the Oscars, and they delivered lots of old-school glamour.
Here is a glance at some of the looks seen at the Beverly Hilton Hotel:
Ever-chic black
Selena Gomez is a newlywed and her happiness shows. The best comedy actress nominee for her work on “Only Murders in the Building” radiated joy as she arrived on the arm of her husband Benny Blanco.
She oozed sophistication in a black Chanel column gown with a frothy white feathered strapless neckline, her black bob swept into soft waves.
Gomez was not alone in striking an understated pose, with lots of stars opting for black or dark, wintry hues.
Teyana Taylor, a winner for her searing turn as a leftist revolutionary in hotly-tipped film “One Battle After Another,” scorched the carpet in a cut-out backless black Schiaparelli gown with a halter neckline — and a cheeky crystal bow on her backside.
Ariana Grande (“Wicked: For Good”), who competed with Taylor for the award for best supporting actress, turned heads in a black textured Vivienne Westwood ballgown with an asymmetrical neckline and a bubble silhouette before trailing to the floor.
Her hair was swept into her signature ponytail, and she kept the jewelry simple with a diamond choker.
Amy Madigan, also in their category for her villainous turn in “Weapons,” went for a tuxedo look with cropped pants and patent leather boots.
Nominee Jenna Ortega embraced the goth chic of her title character in “Wednesday” in a black high-neck Dilara Findikoglu gown with glittering epaulets and cut-offs that revealed a bit of side boob… and part of her hip bone.
Among the male stars in attendance, Colman Domingo was as usual a standout, wearing head-to-toe black Valentino, with silvery appliques scattered from his left shoulder down his lapel to his waist.
Naked ambition
Jennifer Lopez is no stranger to strong fashion statements. Her plunging green Versace gown at the Grammys in 2000 is still a reference for winning the red carpet by adopting the “less is more” rule.
On Sunday, Lopez — whose turn in “Kiss of the Spider Woman” was overlooked by Globes voters — wore a figure-hugging sheer gown with bronze patterns snaking over her body, ending in a mermaid fishtail.
Jennifer Lawrence –nominated for best drama actress in a film for “Die My Love” — got the memo as well, rocking a barely-there sheer nude Givenchy gown with only a smattering of strategically placed flowers.
Stars slam deadly ICE shooting
Hollywood never quite has a night out without a bit of politics coming into play.
On Sunday, some of the stars including nominee Mark Ruffalo wore pins with the messages “BE GOOD” — a reference to Renee Good, the Minneapolis woman who was shot and killed by a federal immigration agent.
Comedian Wanda Sykes wore the same pin on her lapel, while actress Natasha Lyonne, a nominee for her TV show “Poker Face,” attached one to her clutch handbag.
The campaign is endorsed by the American Civil Liberties Union (ACLU), one of the country’s most prominent civil rights organizations.By Frederic J. Brown with Susan Stumme in Washington
Copyright © 2026 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.
Fashion
L.L. Bean promotes Greg Elder to CEO
Published
January 12, 2026
L.L. Bean announced on Friday the promotion of company veteran Greg Elder to the role of president and chief executive officer.
Elder succeeds Stephen Smith, who will depart the American heritage apparel company after ten years as CEO.
Elder will transition into his new role as CEO during the first quarter, with Smith continuing to serve on the board as an adviser until March.
Joining L.L. Bean in 2007, Elder has held several leadership positions at the company, including chief retail officer, his most recent post.
Prior to that, he held leadership roles at Eddie Bauer and Dayton Hudson Corporation, now known as Target. Elder is also a member of the Retail Industry Leaders Association.
“We were deliberate in finding a leader who will continue to honor our brand heritage while positioning us for the next era of growth,” Shawn Gorman, chairman of the board of L.L. Bean said in a statement. “Greg rose to the top because of his deep respect for our history, incredible knowledge of our business, strong track record of results and clear vision for the future.”
Elder will be the Freeport, Maine-based company’s fifth CEO in its 114-year history.
“What makes L.L.Bean truly special is its people and purpose. I’m proud to take on this responsibility alongside such a committed and talented team, and I’m grateful for the trust of the Bean family and our board as we begin this next chapter together,” said Elder.
“I’m also thankful for the past 10 years of leadership and friendship from Stephen Smith, who has led the company with heart and conviction through some particularly challenging seasons.
“This brand has been part of my life for many years, and it has deep personal meaning for me to accept this role. Our heritage, our connection to the outdoors and our culture of service and craftsmanship are powerful foundations. At the same time, we have an opportunity and a responsibility to keep evolving: to sharpen our product focus, deepen our connection with customers and ensure L.L.Bean remains relevant and inspiring for the next generation.”
Copyright © 2026 FashionNetwork.com All rights reserved.
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