US’ Klutch Athletics by New Balance launches Spring 25 collection

Klutch Athletics, founded by Rich Paul and co-authored with New Balance, debuts its Spring 25 Collection this month at Shoe Palace in San Francisco.
The 14-piece lineup blends everyday staples with performance wear.
Rich emphasises community connection and inspiration.
Items include hoodies, tees, fleece pants, performance wear, woven jackets, and a Klutch Hat ’47 Hitch.

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Raymond Lifestyle’s MD Sunil Kataria steps down

Sunil Kataria is stepping down as managing director of Raymond Lifestyle to pursue personal goals. The board has accepted his resignation and will seek a new CEO. Gautam Hari Singhania will lead the transition with the current senior management team. Kataria was praised for strengthening Raymond’s market presence and leadership. Kataria expressed gratitude for the opportunity.

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American company Skechers’ 2024 sales rise 12.1% to $8.97 bn

Skechers reported Q4 2024 sales of $2.21 billion, up 12.8 per cent YoY, driven by strong domestic (18.0 per cent) and international (9.8 per cent) growth.
Full-year sales rose 12.1 per cent to $8.97 billion.
Net earnings hit $639.5 million, with EPS at $4.16.
For 2025, sales are projected at $9.70–$9.80 billion, with EPS of $4.30–$4.50.
Q1 sales are expected at $2.40–$2.43 billion.

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Japan’ Gunze’s 9M 2024 sales edge up to $677.2 mn

Gunze Limited has reported net sales of ¥102.92 billion (~$677.2 million) in 9M FY24, up from ¥101.45 billion in 2023.
Gross profit rose to ¥32.59 billion (~$214.72 million), while operating profit reached ¥6.38 billion.
Net profit increased to ¥4.47 billion, with EPS at ¥266.96 ($1.76).
Lower non-operating expenses and higher ordinary profit contributed to overall earnings growth.

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D2C Fast fashion brand ‘RIGO’ Expands Offline Presence in Delhi; with 12+ New Stores Planned for 2025

New Delhi [India], With a legacy of over a decade now, the fast fashion brand RIGO is taking its offline expansion to the next level with the launch of its flagship 1,000 sq. ft. store in Shaheen Bagh, Delhi, following the successful debut of its first company-owned store in Hauz Khas in August 2024. Strengthening its retail footprint, RIGO is now available in 20+ standalone Multi-Brand Outlets (MBOs) across India.

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American brand Macy’s appoints Barbie Cameron as chief stores officer

Macy’s Inc has appointed Barbie Cameron as chief stores officer, effective February 16.
A 37-year Macy’s veteran, she previously served as SVP and regional director, East Region, and interim chief stores officer.
Reporting to COO/CFO Adrian Mitchell, she will lead store operations and drive Macy’s Bold New Chapter strategy to enhance customer experience and modernisation.

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CCI to identify districts in each state for cotton productivity trials: Textiles Minister

Union Minister Giriraj Singh announced efforts to improve cotton productivity by involving CCI in trials across various districts. The government targets enhancing cotton yields to match global standards and aims to grow India’s textile market to USD 350 billion by 2030. Additionally, major global participation is expected at the upcoming Bharat Tex exhibition.

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