South Korea’s Misto Q2 profit soars 29.8% on strong fashion sales

Misto Holdings Corp has posted revenue of 1.23 trillion won (~$888.7 million) in Q2 2025, up 4.5 per cent YoY, with operating profit surging 29.8 per cent to 181.9 billion won (~$131.4 million).
The growth was driven by Acushnet’s strong golf sales and Fila’s new launches, while the firm advanced its three-year 500 billion won shareholder return programme.

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Uniqlo bids to become India’s most trusted apparel brand

Brand’s 18th store since entering the market in 2019 will open in Pune in September.
Uniqlo’s 2024 sales in India climbed 31 per cent to $92.88 million.
MoU with BIMTECH to train future retail leaders via internships in both India and Japan.
Localised collections, partners and cultural collaborations deepen market relevance.
Its social initiatives include vocational training for 2,700 youths.

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Bangladesh garment sector eager to import MMF from US: BGMEA

Bangladesh’s BGMEA has sought clarification from the US on calculating US raw-material usage, and is keen on importing man-made fibres from there.
It requested mechanisms to ensure supply chain transparency and traceability to qualify for the duty waiver on use of US raw materials.
The scope of setting up a warehouse near Chattogram Port to expedite cotton imports from the US was also discussed.

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Cambodia’s growth prospects for 2025, 2026 remain steady: Govt

Cambodia’s Ministry of Economy and Finance has projected a GDP growth of 5.2 per cent in 2025 and 5 per cent in 2026, backed by resilient performance across key sectors despite moderating economic momentum.
Agriculture, garment manufacturing, non-garment manufacturing, tourism and related services, wholesale and retail trade, and the construction and real estate sectors will drive the growth.

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Tariff relief offers lifeline to Bangladesh’s US-centric suppliers

The US has reduced tariff on Bangladeshi goods from 35 per cent to 20 per cent, following final negotiations in Washington.
The US is Bangladesh’s largest export market, accounting for $9 billion annually, including $7 billion in garments, as per some estimates.
Move offers major relief to those RMG suppliers, heavily dependent on the US market.

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Vishal Mega Mart shares surge 8% after Q1 profit jumps 37% YoY

Vishal Mega Mart’s shares experienced a surge following the announcement of robust first-quarter FY26 results. The company’s Profit After Tax (PAT) witnessed a substantial 37.2% increase, reaching Rs 206.10 crore, while revenue from operations grew by 21% to Rs 3,140.30 crore. This impressive performance reflects the strength of their strategy in providing affordable products to consumers across India.

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Alaska calculus: What the Trump–Putin meeting means for India?

The 25 per cent additional tariff imposed by Donald Trump on Indian goods is set to take effect from August 27.
According to some estimates, owing to increased tariffs, certain knitted garments could face duties as high as 64 per cent and woven apparels around 60.3 per cent.
The Trump-Putin meeting on August 15 in Alaska might influence the course of India-US trade ties.

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Sudathi eyes Rs 100 crore ARR with festive push in tier-2 markets

Sudathi, a Surat-based saree brand, aims for Rs 100 crore in annual recurring revenue by FY26, leveraging its success since its 2023 launch. Expanding its festive retail operations, the company focuses on tier 2 and 3 cities, streamlining logistics with new fulfillment centers and regional tie-ups to meet seasonal demand and reduce delivery times.

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TMRW House of Brands raises ₹437 crore from ServiceNow Ventures

Aditya Birla Group’s TMRW – House of Brands has secured a Rs 437 crore investment from ServiceNow Ventures. This deal will integrate ServiceNow’s AI and automation into TMRW’s operations. TMRW, launched in 2022, aims to leverage this partnership to enhance consumer insights and operational agility for its portfolio of brands targeting Gen-Z and millennial consumers.

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