Canada Goose sees strong FY25 finish, eyes continued growth in FY26

Canada Goose Inc has reported FY25 revenue of $1.35 billion, up 1.1 per cent YoY, with DTC sales rising 5.1 per cent and wholesale down 16.5 per cent.
Net income rose to $94.8 million, and gross margin improved to 69.9 per cent.
In Q4, revenue climbed 7.4 per cent to $384.6 million, with net income at $27.1 million.
CEO Dani Reiss highlighted strong retail execution and momentum heading into FY26.

Canada Goose sees strong FY25 finish, eyes continued growth in FY26 Read More »

Natural diamond still India’s crown jewel: De Beers Group CEO

India has become a key market for natural diamonds, surpassing China. De Beers focuses on India due to the growing preference for natural diamonds over lab-grown ones. The Indian market is expected to double by 2030. De Beers plans increased marketing investments and partnerships in India. While the US market leans towards lab-grown diamonds, India values natural diamonds as heirlooms.

Natural diamond still India’s crown jewel: De Beers Group CEO Read More »

Japan’s clothing imports rise 5.2% to $2.2 bn in April 2025

Japan’s clothing and accessories imports rose by 5.2 per cent to 317.5 billion yen in the latest data, making up 3.4 per cent of total imports.
Imports and exports of textile yarn and fabric saw slight increases, while textile machinery exports rose by 3.4 per cent.
In fiscal 2024-25, clothing imports reached 3.76 trillion yen, fabric exports rose 6 per cent, but machinery exports fell 12.6 per cent.

Japan’s clothing imports rise 5.2% to $2.2 bn in April 2025 Read More »

US’ VF Corp FY25 margins surge as transformation strategy delivers

VF Corporation has reported revenue of $9.5 billion in FY25, down 4 per cent YoY, with adjusted operating income of $556 million, marking a strong recovery from a prior loss.
Net debt was cut by $1.8 billion, reducing leverage to 4.1x.
The North Face and Timberland grew, while Vans and Dickies declined.
VF expects Q1 FY26 revenue to dip 3-5 per cent.

US’ VF Corp FY25 margins surge as transformation strategy delivers Read More »

Dior agrees remedies to close Italian antitrust body’s investigation

Dior, owned by LVMH, has settled an Italian antitrust investigation regarding misleading statements about supplier working conditions by committing to remedies, including a €2 million payment for labor exploitation initiatives. The investigation stemmed from concerns about discrepancies between the brand’s ethical claims and the reality of underpaid workers in its supply chain.

Dior agrees remedies to close Italian antitrust body’s investigation Read More »

India-Oman FTA may tilt apparel trade in India’s favour

India is poised to strengthen its textile and apparel exports to Oman through the upcoming CEPA, potentially gaining cost advantage as tariffs drop to zero.
Despite past disadvantages compared to GCC rivals, India ranks among Oman’s top three suppliers.
The shift from proximity-based to cost- and value-driven sourcing may reduce exports from competitors like the UAE, China, Turkiye and Bangladesh.

India-Oman FTA may tilt apparel trade in India’s favour Read More »

US’ Nike launches hypervenom RGN in classic bright citrus colourway

Nike unveils the Hypervenom RGN, a modern reboot of its iconic 2013 franchise.
Fusing the original’s Gripskin tech and mesh with the Hypervenom 3 plate, the boot blends heritage with innovation.
Launching in Bright Citrus, it revives the classic orange-black look, appealing to nostalgic fans and next-gen players alike, reinforcing Nike’s legacy in football performance gear.

US’ Nike launches hypervenom RGN in classic bright citrus colourway Read More »

Smartwatch boom cools off in 2025

Smartwatch shipments in India have declined for five consecutive quarters, dropping 33% year-on-year in Q1 2025. The industry is shifting from budget devices to premium features, with fewer new models being launched. Experts predict a correction year, focusing on the ₹5,000-10,000 price segment, expecting a slight shipment growth by year-end after a significant drop in 2024.

Smartwatch boom cools off in 2025 Read More »

South Korea’s apparel imports from Vietnam reach $928 mn in Q1 2025

South Korea’s apparel imports from Vietnam rose 2.09 per cent year on year to $928.961 million in Q1 2025, with Vietnam holding a 30.42 per cent share of total imports.
Despite a dip in 2023, imports from Vietnam had shown strong growth since 2020.
Trousers and shorts led the product category, followed by T-shirts and shirts.
Vietnam remains South Korea’s second-largest apparel supplier after China.

South Korea’s apparel imports from Vietnam reach $928 mn in Q1 2025 Read More »

Shopping Cart