Sportswear brand Li Ning partners with China’s Olympic sports teams

Li Ning Company Limited has been named the official sportswear partner for China’s Olympic delegation from 2025 to 2028.
After serving in this role from 1992 to 2004, Li Ning reaffirms its commitment to supporting Chinese athletes and promoting sportsmanship.
Founder Li Ning expressed honour and dedication to inspiring active lifestyles and fostering Olympic pride.

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UK’ Sosandar plc hits $14.8 mn revenue in Q3 FY25, gross margin 64.7%

Sosandar plc has reported £12.2 million (~$14.8 million) revenue in Q3 FY25, a 50 per cent rise from prior quarters, with gross margin improving to 64.7 per cent.
Strong sales in knitwear, denim, and partywear boosted growth.
Four active stores performed well, with increased footfall and online traffic.
The company forecasts £40.5 million revenue and £1.0 million (~$1.21 million) PBT for FY25.

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Weak demand, inflation weigh on retail sector: Kavindra Mishra, Shoppers Stop MD

India’s retail market saw slower demand post-Diwali due to persistent inflation despite a festive boost, affecting retail giants like Shoppers Stop. Although premium segments showed growth, overall consumer sentiment remained subdued. Industry experts predict recovery by FY26 with improved income levels and controlled store expansions.

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Organized jewellery sector expected to see growth in high teens; may reach 50% market share by FY29: Ind-Ra

Organized jewellers in India are poised for significant revenue growth by FY26, driven by steady demand, strategic expansion, and market share gains. The sector is expected to capture 50% of the market by FY29, with improved credit metrics and robust growth in tier-2 and tier-3 cities.

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Cambodia’s GFT exports rise 23.78% YoY to $13.74 bn in 2024

Cambodia’s exports of garments, footwear and travel goods were worth $13.74 billion in 2024—a YoY rise of 23.78 per cent.
Its total export earnings were worth $26.19 billion last year; 52.46 per cent came from the sector.
This trend is expected to continue this year.
Export of knitted apparel articles and clothing accessories and non-knitted apparel earned $6.63 billion and $3.15 billion in 2024.

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ABFRL approves Rs 2,400 crore preferential issue for promoters, QIB

Aditya Birla Fashion and Retail Limited approved issuing shares worth about Rs 2,379 crore to promoters and qualified institutional buyers. Shares will be issued to the promoter group and QIBs, increasing Pilani Investment and Industries shareholding. The company will continue with its retail business and ethnic brands, while its lifestyle and sportswear brands will be part of ABLBL.

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