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A diversified textile manufacturer, Trident Ltd posted a net profit of Rs 133.42 crore in Q4, FY25. This marks a 126.1 per cent Y-o-Y increase compared to Rs 59.01 crore in the same quarter of FY24.
The company’s revenue for Q4, FY25 increased by 10.82 per cent Y-o-Y to Rs 1,864.34 crore from Rs 1,682.26 crore recorded during the corresponding period last year. Trident’s EBITDA for the quarter rose by 19.3 per cent Y-o-Y to Rs 245 crore with the EBITDA margin improving to 13.14 per cent.
By product category, the towel segment saw the most significant revenue growth, generating Rs 752.86 crore. The yarn division maintained stable performance, recording revenue of Rs 908.28 crore Y-o-Y. Meanwhile, the bedsheets category brought in Rs 315.14 crore in revenue for the quarter.
Trident operates across multiple segments, including Home Textiles, Paper, Chemicals, and Yarn, and continues to strengthen its position as a key player in the Indian and global textile industry.
To meet the growing demand for coordinated family occasion wear, menswear specialist Suit Direct has launched its first dedicated boys’ suits collection.
This launch marks the brand's entry into the children's formalwear market. The new collection is designed to ‘echo the style of its popular menswear lines while prioritizing comfort.’ The boys' range is specifically designed ‘to retain the premium quality and detailing Suit Direct is known for while addressing the unique needs of younger wearers.’
The collection is available for ages 4-14 years, both online and in select Suit Direct stores. To accommodate teens and older boys, the brand is also offering additional smaller sizes in men’s suiting, starting from a 34" jacket and 28" waist.
The new range features lightweight, breathable fabrics, wrinkle- and stain-resistant materials, and tailoring that allows for easy movement. This ensures children stay comfortable throughout the day, ‘whether they are walking down the aisle as a page boy or posing for family photos.’
Each suit comes as a three-piece set - jacket, pants, and waistcoat - and is available in a choice of navy check, dark green, tan check, and stone. Crucially, every design corresponds with one of Suit Direct’s menswear styles, making it ‘perfect to pair with dad.’ To support this new category, Suit Direct is also offering in-store fittings and styling advice.
A new venture from a Dutch engineering and fossil fuel company, Reju plans to build a polyester recycling plant in the Netherlands, aiming for an impressive annual output equivalent to 300 million articles of clothing.
In just 18 months since its launch, Reju has already established a ‘Regeneration Hub Zero’ demonstration plant in Frankfurt, Germany, slated for official operation this year. Patrik Frisk, CEO and former CEO, Under Armor, notes, the company has secured partnerships with textile collectors and sorters, and engaged with over 100 brands and retailers to cultivate interest in its ‘Reju Polyester’ product across both American and European markets.
The initiative addresses a critical environmental challenge: polyester, a fossil fuel-derived fiber, now accounts for two-thirds of new clothing. Annually, the world produces 33 million metric tons of plastic-based fibers, yet a mere 3 per cent is recycled, according to the Ellen MacArthur Foundation. This mounting waste problem is increasingly pressuring fashion brands and retailers, especially with the advent of extended producer responsibility (EPR) regulations in the European Union and California.
While several companies are investing heavily in creating a circular economy for polyester, Reju stands out due to its deep connection to parent company Technip Energies. With nearly 70 years in the polyester business, Technip Energies' technology is integral to 40 per cent of the world's steam crackers, which produce ethylene, a polyester building block. Reju leverages IBM’s VolCat technology, co-developed with Under Armor, capable of breaking down polyester molecules into monomers for rebuilding, even handling dyes and pigments.
Reju's efforts are a part of Technip Energies' broader transition towards a lower-carbon future. The startup is strategically targeting densely populated areas for post-consumer clothing waste, with plans for a new US plant and a garment recycling pilot with Goodwill and Waste Management. However, the company faces a key challenge to convince brands to pay a premium for recycled fibers until cost parity is achieved.
In a significant move to propel Uttar Pradesh towards a $1 trillion economy and establish it as a premier global investment hub, Invest UP and the Directorate of Handloom & Textiles, Uttar Pradesh, participated in Gartex Texprocess India 2025, held from May 22 -24, 2025 in Mumbai.
The event opened with Shashank Chaudhary, ACEO, Invest UP, highlighting Uttar Pradesh’s rapid economic transformation and its robust policy framework. He emphasized, under the visionary leadership of Chief Minister Yogi Adityanath, the state is steadily advancing towards its $1 trillion economy goal. With its investor-friendly policies, Uttar Pradesh has emerged as one of India's most attractive investment destinations. Chaudhary also highlighted the state's strategic advantages, including a skilled workforce, robust infrastructure, and a textile policy focused on innovation and job creation.
Rich in textile heritage from Banarasi weaves to Lucknow’s chikankari, Uttar Pradesh is now blending tradition with modernity, Chaudhary stated. He pointed to the upcoming PM Mitra mega textile park in Lucknow and various incentives offered through the UP Textile and Garmenting Policy - 2022 as factors making Uttar Pradesh a promising center for textile manufacturing.
The inauguration was attended by key industry leaders and dignitaries, including Sanjay Savkare, Minister of Textiles, Government of Maharashtra. As a part of the event, KP Verma, Joint Commissioner, Handloom & Textiles, Government of Uttar Pradesh; and Anuruddha Kshatriya, General Manager, Invest UP, delivered a detailed presentation highlighting the incentives available under the UP Textile & Garment Policy - 2022. They showcased Uttar Pradesh’s dedication to fostering growth and investment in its textile sector.
Throughout the three-day event, senior officials from Invest UP and the Handloom & Textiles Department focused on highlighting the state’s investor-friendly ecosystem and the abundant opportunities within the textile and garment sectors. A key objective of this event was to facilitate partnerships and demonstrate the ease of doing business through streamlined single-window clearances, aiming to enable seamless industry establishment in the state.
A leading trade show for garment and textile machinery, Gartex Texprocess India featured over 125 exhibitors and 300 brands. Uttar Pradesh’s participation in the 2025 event reaffirms its commitment to industrial growth, textile innovation, and solidifying its position as a national leader in garment manufacturing.
Dune London, the British footwear and accessories brand under Apparel Group, has launched an exclusive line of handbag charms available only at its Dubai Mall flagship store.
The playful summer collection blends elegance with individuality, encouraging customers to add a personal touch to their accessories.
Each limited-edition charm is designed with fine attention to detail, featuring gold-tone hardware, a signature logo emblem, rope tassel, and a whimsical zip-up pouch shaped like summer fruits.
These charms serve as stylish companions, allowing fashion-forward shoppers to customize their bags and express their personality with flair.
Perfect for mixing and matching, the charms invite creativity and self-expression, making them a must-have seasonal accessory. With their vibrant designs and chic accents, the charms elevate everyday style into a playful fashion statement.
China’s textile and apparel exports showed modest growth in April 2025 despite heightened trade tensions due to new “reciprocal tariffs” imposed by the United States.
According to the General Administration of Customs, textile and apparel exports reached $24.19 billion, up 1.5 per cent year-on-year and 3.4 per cent month-on-month.
Textile exports rose by 3.4 per cent to $12.58 billion, while apparel exports slipped 0.5 per cent to $11.61 billion.
From January to April, cumulative exports in the sector totalled $90.47 billion, a 1.1 per cent increase over the same period last year. Textile exports accounted for $45.85 billion, rising 3.8 per cent, whereas apparel exports fell 1.5 per cent to $44.62 billion.
In yuan terms, January-April exports stood at 649.54 billion yuan, up 2.2 per cent year-on-year. While textile exports climbed 4.9 per cent, apparel dipped by 0.5 per cent.
The uneven trend reflects lingering global trade uncertainty and pressure on China’s apparel shipments.
Pakistan’s textile exports rose by 8.41 per cent to $14,834.390 million during the first ten months spanning July-April 2024-25 as against $13, 683.247 million during the same period in 2023-24, as per a report by the Pakistan Bureau of Statistics (PBS).
During this period, Pakistan’s knitwear exports increased by 15.47 per cent to $4,118.227 million as against $3,566.624 million in the corresponding period last year. Bed wear exports by the country rose by 12.18 per cent to $2,569.214 million from $2,290.796 million.
Exports of other commodities including towels grew by 4.49 per cent to $903.331 million from $864.547 million. Meanwhile, exports of tents, canvas, and tarpaulin exports increased by 11.65 per cent to $109.002 million from $97.632 million. Readymade garments exports increased by 17.52 per cent to $3,394.188 million this year, compared to $2,888.177 million last year.
Similarly, exports of art, silk, and synthetic textiles grew by 9.74 per cent to $330.862 million from $301.496 million. Made-up articles (excluding towels and bed wear) exports increased by 9.10 per cent to $642.646 million from $589.025 million, while exports of other textile materials rose by 2.59 per cent to $610.866 million from $595.431 million.
However, exports of textile commodities including raw cotton plummeted by 98.45 per cent to $0.871 million from $56.086 million. Likewise, cotton yarn exports declined by 31.91 per cent to $576.016 million from $845.923 million, while exports of cotton carded or combed plunged by 99.28 per cent from $0.837 million to $0.006 million during the review period.
On a Y-o-Y basis, Pakistan’s textile exports decreased by 1.35 per cent to $1,220.655 million in April 2025 from $1,237.313 million in April 2024. On a month-over-month (M-o-M) basis, textile exports declined by 14.64 per cent in April 2025 compared to $1,430.003 million in March 2025, according to PBS data.
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has signed a Memorandum of Understanding (MoU) with two institutions; DigiProd Pass and Digital Architect to introduce blockchain-enabled Digital Product Passport (DPP) systems in the Bangladeshi garment industry.
This initiative marks a major step forward in the industry’s commitment to transparency, sustainability, and alignment with international regulatory standards, according to BGMEA.
The MoU was signed by Anwar Hossain, Administrator, BGMEA; Salauddin Sohag, Managing Director, DigiProd Pass and Dr Fahim Chowdhury, CEO, Digital Architect and Technovative Solutions.
The 24-month pilot project involves onboarding of selected garment manufacturers by BGMEA and coordinating data provision and integration support. The technical development and implementation of the DPP platform will be led by DigiProd Pass, while Digital Architect will serve as the local technology partner, delivering services such as Life Cycle Assessment (LCA), data collection, system deployment, training, and integration.
The pilot initiative seeks to evaluate the feasibility of designing, developing, and implementing a Digital Product Passport (DPP) - a digital tool aimed at enhancing traceability and accountability throughout the garment value chain. By capturing and sharing verified data on a product’s lifecycle, environmental footprint, and sustainability performance, the DPP is positioned to strengthen Bangladesh’s competitive edge in the global apparel market.
The urgency of this pilot project is highlighted by the fact that a very significant percentage (almost 60 per cent) of Bangladesh’s garment exports are destined for the European market, making the EU the country’s single largest apparel market. As compliance with evolving EU standards has become extremely essential, DPP is a fundamental requirement under the EU’s Ecodesign for Sustainable Products Regulation (ESPR). Adopted by the European Parliament in April 2024, DPP’s phased implementation will begin in 2026. This legislation will mandate that textile and other high-impact products entering the EU market carry a digital passport containing data on sustainability, durability, and environmental impact.
For Bangladesh, which is the second-largest garment exporter globally, embracing the DPP now is a strategic move to safeguard and secure its future access to the EU market.
This pilot project’s core objectives include evaluating the technical and operational viability of the DPP system, fostering transparency and traceability in garment production, supporting compliance with sustainability and regulatory standards, and training relevant stakeholders while assessing the system’s potential for broader industry-wide adoption.
Crocs Inc has promoted Terence Reilly to the role of Executive Vice President, Chief Brand Officer, effective immediately.
In this newly created position, Reilly will oversee the marketing and communications functions for both the Crocs and HeyDude brands. He will continue to report to Andrew Rees, CEO while collaborating with Anne Mehlman, Executive Vice President, Brand President for Crocs, as well as HeyDude brand leadership.
According to the Colorado-based company, Rees will serve as the interim president for the HeyDude brand alongside the brand's senior leadership team until a permanent structure is announced.
A seasoned brand expert, Reilly is renowned for its ability to build brands’ identities, connect them with relevant cultures, and foster consumer engagement and loyalty. Before rejoining Crocs in 2024, he served as president of drinkware firm Stanley Brand. Prior to his time at Stanley, Reilly was the Chief Marketing Officer at Crocs, Inc., holding various other marketing leadership roles from 2013 to 2020, after a career in senior-level marketing and leadership positions.
Since Terence rejoined Crocs, Inc. in 2024, the HeyDude brand has seen significant traction under his leadership. He has galvanized a team, sharpened the brand's strategic focus, and re-established authentic connections with its consumers, says Rees.
Earlier this month, driven by a rise in sales at its flagship brand, Crocs, Crocs Inc recorded a 1.4 per cent rise in revenue during Q1, FY25. However, this revenue growth was partially offset by the sales of the casual footwear brand HeyDude,whose revenues declined by 9.8 per cent to $176 million.
Reduced output in Maharashtra has led to the Cotton Association of India (CAI) downgrading its domestic production estimate for the 2024-25 season by 400,000 bales (each weighing 170 kg) to 29.13 million bales. This adjustment from the earlier projection of 29.53 million bales signals ongoing supply constraints.
The association estimates total cotton supply through the end of March to reach 30.683 million bales, which includes 2.5 million bales of imports and opening stocks of 3.019 million bales. As of March-end, stocks stood at 12.783 million bales, with 2.7 million bales held by mills and the remaining 10.083 million bales with the Cotton Corporation of India (CCI), Maharashtra Federation, and traders.
India's cotton imports are expected to more than double to 3.3 million bales, a significant increase from 1.52 million bales last season, amidst shrinking domestic production. Meanwhile, exports are projected to lower to 1.6 million bales, from 2.836 million bales in the previous season.
On the global front, the USDA reduced its world cotton production forecast by 69,000 bales due to lower output in Argentina and Cote d’Ivoire, despite increased production in China. Global consumption also saw a decline of 520,000 bales.
From a technical perspective, the market is experiencing short covering, with open interest decreasing by 5.82 per cent to 178. Support is identified at Rs 53,930, and a breach below this level could lead to a test of Rs 53,650.
