Fashion
RBA holds cash rate at 3.60% as inflation eases, risks remain
The inflation in Australia eased substantially from its 2022 peak, with both headline and trimmed mean inflation falling within the RBA’s 2–3 per cent target range in the June quarter. The higher interest rates have been effective in bringing aggregate demand and potential supply closer towards balance. However, recent partial and volatile data suggest that inflation for the September quarter may be higher than anticipated in the August Statement on Monetary Policy, RBA said in a press release.
The Reserve Bank of Australia has kept the cash rate at 3.60 per cent, citing easing inflation within its 2–3 per cent target in June but warning September data may surprise on the upside.
Private demand is rebounding, offsetting weaker public spending, while labour markets remain steady.
With high unit labour costs, global risks, and inflation uncertainties, the RBA signalled a cautious stance.
Private demand has emerged as a stronger driver of growth, recovering more rapidly than expected. The RBA noted that private consumption is picking up as real household incomes improve and financial conditions ease, offsetting a slowdown in public demand.
Labour market conditions remain steady, with the unemployment rate unchanged at 4.2 per cent in August, though employment growth has slowed slightly more than anticipated. Measures of labour underutilisation remain low, and surveys indicate little change in labour availability.
While wages growth has eased from its peak, productivity remains weak, keeping unit labour costs high. The central bank flagged significant uncertainties in the domestic outlook, including the potential for stronger household spending to sustain demand pressures, as well as the risk that consumption growth could falter if overseas developments dampen confidence.
Globally, elevated uncertainty persists despite greater clarity on US tariff policy and other nations’ responses. Broader geopolitical risks continue to weigh on the outlook for global growth and trade.
Given signs of a modest recovery in private demand, potential persistence of inflation, and stable labour market conditions, the RBA Board decided to maintain the cash rate at its current level. It stressed that financial conditions have eased since the start of the year, though the full impact of earlier rate adjustments will take time to emerge, added the release.
The Board emphasised on a cautious approach.
Fibre2Fashion News Desk (SG)
Fashion
UK apparel trade shows sharp recovery in September
Textile fabric and fibre imports also posted marginal gains. Fabric imports stood at £*** million (~$***.** million), *.** per cent higher than £*** million in September ****, while fibre imports inched up to £** million (~$**.** million) from £** million a year earlier. Month on month, fabric imports rose from £*** million, and fibre imports from £** million. These modest increases point to stabilising manufacturing activity and early preparation for **** sourcing cycles.
During the third quarter (Q*) of ****, the UK imported clothing worth £*.*** billion (~$*.*** billion), up **.** per cent from £*.*** billion in Q* **** and **.** per cent higher than £*.*** billion in Q* ****. Fabric imports during Q* were valued at £*.*** billion (~$*.*** billion), while textile fibre imports totalled £** million (~$***.** million), compared with £*.*** billion and £** million, respectively, in Q* ****. In Q* ****, fabric and fibre imports had reached £*.*** billion and £** million, respectively. Quarterly growth suggests stronger order placements by UK brands following improved retail sell-through over the summer.
Fashion
MoU signed to digitise logistics ecosystem in India’s Andhra Pradesh
ULIP is a digital gateway that enables industry stakeholders to access logistics-related datasets from various government systems. ULIP has integrated with 44 systems across 11 ministries.
An MoU was recently signed by the National Industrial Corridor Development Corporation Limited, the Logistics Data Services Limited and the Andhra Pradesh government to digitise the logistics landscape of the South Indian state by leveraging the Unified Logistics Interface Platform.
The platform aims at enhancing coordination, improving efficiency and supporting informed decision-making across sectors.
The MoU was signed in the presence of Indian Minister of Commerce and Industry Piyush Goyal and state chief minister N Chandrababu Naidu on the sidelines of the 30th Confederation of Indian Industry (CII) Partnership Summit in Visakhapatnam.
A robust integrated digital platform will be developed and implemented to provide government and private stakeholders in Andhra Pradesh with real-time visibility into the state’s logistics operations and performance metrics, a release from the Indian Ministry of Commerce said.
The platform aims at enhancing coordination, improving efficiency and supporting informed decision-making across sectors.
Fibre2Fashion News Desk (DS)
Fashion
JD Sports opens largest store in Europe on Portal de l’Àngel in Barcelona
Published
November 18, 2025
British retailer JD Sports is opening its largest European store in Barcelona, following four years of work on the project. The company has chosen 9 Portal de l’Àngel (one of the most sought-after shopping streets in the Catalan capital) for its new flagship: a 1,500-square-metre store across two floors that will employ 110 people and open to the public on November 22.
“The location on Portal de l’Àngel is crucial, as it not only puts us on one of the busiest streets in Europe, but also places us at the heart of tourism and local retail, allowing us to reach a diverse audience,” said José Carlos González, JD Sports’ associate director of retail for Southern Europe.
As for the store’s design, he said it had been “carefully conceived to respect and highlight the building’s historic architecture, which incorporates three centuries-old palaces.”
“Over four years, including the discovery of architectural remnants, we have worked to ensure that modern design and technology integrate harmoniously with Barcelona’s distinctive cultural and architectural essence, creating a space that pays homage to the city,” he added.
The flagship represents “a step change” in the way the chain “connects with the consumer.”
“It is a project that places JD at the forefront of international retail, where the store is not only a place to buy products, but a space that inspires, brings together urban tribes, fosters collaborations with young talent and helps shape culture,” said González.
With the opening of this space, JD Sports reaches 530 employees in Barcelona and 690 across Catalonia. The establishment “forms part of the company’s consolidation and expansion strategy” in Spain. Footwear, sportswear and accessories make up the store’s offer, which carries its own brands as well as Adidas, New Balance, Asics and Nike.
In collaboration with Nike, the store will feature a dedicated area for the U.S. company’s women’s collections, accompanied by a series of initiatives and events. In this context, JD Sports says its new Barcelona store will run a programme of activities, as it aims to be a “meeting point” for its clientele.
“JD Sports has managed to differentiate itself with an exclusive product offering and unique collaborations, along with a shopping experience that integrates both the physical and the digital. Our proposition goes beyond selling products; we seek to connect with urban culture and build a community,” said the chain’s associate director of retail for Southern Europe.
JD Sports was founded in 1981, entered the Spanish market in 2012 and aims to reach 150 stores in the country in the medium term. The British giant also operates in the country through Sprinter, an Alicante-based retailer pursuing its own expansion plan.
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