Gokaldas Exports anticipates a significant blow from the US’s new 50% tariff on Indian goods, potentially forcing business away from India. Managing Director Siva Ganapathi warns that this duty is unsustainable, exceeding the supply chain’s capacity to absorb costs. He suggests brands might reduce features to maintain prices, while orders could shift to European markets.

Aramark has reported a record Q3 FY25 revenue of $4.6 billion, up 6 per cent YoY, with operating income rising 13 per cent to $183 million and AOI up 19 per cent to $230 million.
GAAP EPS grew 24 per cent to $0.27.
Strong FSS US and International performance, AI-driven supply chain gains, and high client retention underpin its outlook to exceed growth and profitability targets.

Trent has introduced ‘Burnt Toast,’ a new fashion brand targeting the youth market, with its first store opening in Bengaluru. Located in Banashankari, the 2,500 sq. ft. store offers affordable, trend-forward clothing designed to appeal to fashion-conscious young consumers. Trent aims to connect with the city’s vibrant youth culture, offering pieces that blend contemporary trends with effortless style.

India Independence Day 2025: New US tariffs of 50% imperil Indian textile exports, especially from Tiruppur. Exporters fear significant business losses and production halts. This echoes British colonial policies that crippled India’s textile industry. Britain imposed steep tariffs and restrictions. This favored British manufacturers. India’s textile industry faced decline. The current tariffs raise concerns about India’s export competitiveness.

Skechers Inc has posted a record Q2 2025 sales of $2.44 billion, up 13.1 per cent YoY, with wholesale up 15 per cent and DTC up 11 per cent.
H1 sales rose 10 per cent to $4.85 billion, driven by strong international growth, notably 29.4 per cent in EMEA.
While profits grew, higher costs narrowed margins.
The company aims to sustain growth through innovation and global expansion.

H&M India has opened its first store in Faridabad at Pacific Mall, its 66th in the country, offering men’s, women’s, and kids’ collections.
Spanning 1,289 square metres, the store features a ’90s-inspired collection and the Garment Collect recycling initiative, reinforcing H&M’s growth and sustainability focus in India.

BlueStone Jewellery and Lifestyle is set to launch its IPO on August 11, aiming to raise Rs 1,541 crore through a fresh issue and offer for sale. The IPO, priced between Rs 492 and Rs 517 per share, will close on August 13.

Gold prices may rise next week. Macroeconomic uncertainty and tariff disputes support investor interest. Traders will watch UK, EU, and US economic data. Federal Reserve speeches will be key. Domestic gold prices are cushioned by rupee weakness. Geopolitical uncertainty and central bank demand may keep gold prices rising. Analysts expect an upward trend for gold in the medium term.

Asian Footwears plans to invest Rs 100 crore over the next 18 months to boost manufacturing, expand retail, and ramp up marketing efforts. It is aiming to more than double its exclusive brand outlets to 100 by FY26, focusing on tier-II and tier-III cities. Expecting a 30-40 per cent growth in this fiscal, up from Rs 525 crore in revenue in FY25, it is targeting volume growth with affordable pricing.

Facing potential tariffs, some Indian textile companies like Pearl Global Industries are shifting US-bound production to countries like Vietnam, Indonesia, and Bangladesh, where tariff structures are more favorable. This strategic move aims to maintain customer relationships and profitability amidst evolving trade dynamics.