Trade & Market

US Textile And Apparel Imports Up 2.5% In June

Textile Insights August 19, 2025

The Office of Textiles and Apparel (OTEXA) reported that U.S. imports of textiles and apparel reached 8.56 billion square meter equivalents (SME) in June 2025, up 2.5% compared to the same month last year. Textile imports totaled 6.53 billion SME, a 3.1% increase, while apparel imports edged up

Industry

Uzbekistan To Open Textile Trading Houses In US

Textile Insights August 19, 2025

Uzbekistan’s President Shavkat Mirziyoyev has announced plans to open two textile trading houses in St. Louis and New York, a move aimed at strengthening the country’s presence in the US$ 100 billion US textile market. The trading houses will serve as sales and promotional hubs for Uzbek ready-made garments and fashion products, directly linking the […]

Cotton

India Waives Cotton Import Duty Till Sept 30

Textile Insights August 19, 2025

India has scrapped import duties on cotton between August 19 and September 30, offering short-term relief to its textile and apparel sector as it battles rising global trade pressures. The government order, issued late Monday, fulfills a long-standing demand from industry groups who argued that duty-free cotton imports would make Indian manufacturers more competitive.

Corporates

SBC Exports Bags Order Of Rs 17.56 Crore

Textile Insights August 18, 2025

SBC Exports Ltd has announced that it has finalized a significant export deal with HUXXE Readymade Garments Trading LLC, a Dubai-based company specializing in readymade garments. The company has successfully received its initial work order from HUXXE worth approximately Rs 17.56 crore for the supply of garments including T-shirts, trousers and shorts. The order, which […]

Financial Results

Active Clothing Q1 Revenue Up 39%, PAT Soars 76%

Textile Insights August 18, 2025

Mohali-based Active Clothing Co. Ltd, a leading “design-to-shelf” apparel manufacturer, has reported a strong first quarter for FY26, with both revenue and profitability showing robust growth. The company posted total income of Rs 64.46 crore in Q1 FY26, a 38.5% increase compared to Rs 46.53 crore in the same quarter last year. EBITDA rose 22.9% […]

Financial Results

Kitex Garments Q1 Profit at Rs 26.05 Cr; Launches ‘Little Star’ Brand In India

Textile Insights August 18, 2025

Kitex Garments Ltd has declared its financial results for the first quarter ended June 30, 2025, reporting total income of Rs 201.31 crore, EBITDA of Rs 41.63 crore, and a net profit of Rs 26.05 crore. Revenue grew 3.3% over the corresponding quarter last year, despite an industry-wide slowdown caused by uncertainties and tariff revisions […]

Financial Results

S.P. Apparels Reports Strong Q1 FY26 Performance With 63% Revenue Growth

Textile Insights August 18, 2025

S.P. Apparels Ltd has reported robust financial performance for the first quarter of FY26, driven by strong growth across its garment division and consolidated operations. On a consolidated basis, the company posted total revenue of Rs 4,050.7 million in Q1 FY26, marking a significant 63.3% year-on-year increase from Rs 2,480.3 million in the same quarter […]

Corporates

Gildan To Acquire Hanesbrands In US$ 2.2 Billion Deal

Textile Insights August 18, 2025

Montreal-based Gildan Activewear is set to acquire HanesBrands Inc. in a deal valued at US$ 2.2 billion, or about US$ 4.4 billion including debt, expanding its portfolio with well-known labels such as Hanes and Maidenform. Under the terms, HanesBrands shareholders will receive 0.102 Gildan common shares plus US$ 0.80 in cash for each HanesBrands share. […]

Corporates

OCM Names Dhruva Singh Chauhan As CEO

Textile Insights August 18, 2025

OCM Private Limited has named Dhruva Singh Chauhan as its new Chief Executive Officer, marking a significant leadership transition for the century-old textile brand as it embarks on its next phase of growth and innovation. Chauhan brings with him over two decades of experience in the textile and apparel industry, with expertise spanning vertically integrated […]

Corporates

Vardhman, NITRA Sign MoU For Next-Gen Sustainable Fibre Development

Textile Insights August 18, 2025

Vardhman Group has entered into a strategic partnership with the Northern India Textile Research Association (NITRA) to advance research and development in milkweed fibre, a sustainable alternative to conventional textile materials. The Memorandum of Understanding (MoU) was signed by Neeraj Jain, Joint Managing Director of Vardhman and Dr. M. S. Parmar, Director General of