Bata India has invested Rs 300 crore in upgrading its Batanagar factory in West Bengal with next-generation manufacturing technology, as part of its ongoing transformation agenda. The investment includes installation of Polyurethane Direct Injection Process (PUDIP) and IM EVA machines, which will be used to manufacture Floatz and Bata Industrial footwear.

Kalyan Jewellers announced a significant surge in profit. The jewellery retailer’s consolidated profit after tax rose by 48.73 per cent. Profit reached Rs 264.08 crore for the quarter ending June 30. Revenue from operations also increased substantially. It grew by 31.48 per cent to Rs 7,268.47 crore. Ramesh Kalyanaraman expressed optimism for the upcoming festive season.

Raymond Lifestyle Limited has reported record Q1 FY26 revenue of ₹1,475 crore (~$168.57 million), up 18 per cent YoY, led by strong growth in branded textile and apparel.
EBITDA rose 36 per cent to ₹122 crore (~$13.94 million).
While garmenting declined due to US tariffs, other segments saw healthy gains.
The company ended the quarter with 1,675 stores, focusing on retail optimisation.

Puma re-releases its 2003 H-Street in Jamaica-inspired colourways, honouring the island’s track legacy.
Launching August 22, the drop coincides with Notting Hill Carnival, featuring community activations, music, and Caribbean cultural celebrations.
The H-Street blends retro design with modern flair in tribute to Jamaican speed and style.

Page Industries, licensee of Jockey and Speedo, announces its Q1 FY26 results. The company’s net profit increased by 21.5% to ₹201 crore. Revenue from operations grew by 3.1% to ₹1,316.6 crore. The company is optimistic about future demand recovery. It cites favorable economic conditions and new product launches. Page Industries aims to attract younger consumers and boost retail through e-commerce.

Wolverine Worldwide has reported an 11.5 per cent YoY revenue rise to $474.2 million in Q2 FY25, led by Saucony and Merrell growth.
The gross margin improved to 47.2 per cent, and adjusted EPS more than doubled to $0.35.
Q3 revenue is expected between $450–$460 million.
The company withheld full-year guidance due to macro-economic uncertainties and potential tariff impacts.

Indian apparel exporters are worried about new US tariffs. The Trump administration is doubling tariffs on Indian goods to 50 percent. Apparel Export Promotion Council fears this will devastate small businesses. They are seeking government support to offset the impact. The US is a major market, accounting for 33 percent of India’s garment exports.

The U.S.-based company has $690 million in debt, and it has suffered in recent years from increased competition, high rent costs, and new tariffs on imports from supplier nations like China, Thailand and Vietnam, according to documents filed with the U.S. bankruptcy court in Delaware.

Existing investor Stellaris Venture Partners participated in the funding round. The fresh funds will be used to expand its operations, launch offline stores by March 2026, and roll out its own rapid delivery operations. Earlier, Outzidr had raised $3.5 million in a round led by Stellaris. With the current funding, the platform has now raised a total of $6.6 million.

Faced with a doubled 50% tariff imposed by the US, India’s gem and jewellery industry is contemplating establishing manufacturing facilities in countries with lower tariffs like Dubai and Mexico to maintain access to the US market. This move comes as the industry anticipates a significant downturn in exports, with Titan Company also considering shifting production to the Middle East.