Spykar plans expansion after a year of consolidation. The denim brand will increase its exclusive stores by over 30 percent. Spykar aims to reach 400 stores across 200 cities by FY26. The brand is also focusing on product diversification. It includes athleisure and innerwear. Spykar is collaborating with Vidyut Jammwal.
Stitching a comeback: India’s textile trade finds new threads in UK deal
India-UK Free Trade Agreement is set to boost India’s textile sector. The agreement grants duty-free access to the UK market. This levels the playing field against competitors. India aims to significantly increase its textile exports to the UK. Local textile clusters are preparing for an export surge. The FTA is expected to foster bilateral cooperation and innovation.
Stitching a comeback: India’s textile trade finds new threads in UK deal Read More »
Puma caught between tariff fears and weak US demand as it discounts stock, plans price hikes
Puma is grappling with the consequences of its earlier strategy to front-load shipments to the U.S. to avoid tariffs. This move has led to excess inventory and subsequent discounting, particularly in North America, where sales have declined.
With CETA signed, Indian garment industry expects a boost in exports
India’s textile and apparel industry anticipates a surge in exports to the UK as the Comprehensive Economic and Trade Agreement ensures duty-free access.
This levels the playing field with nations like Bangladesh and Vietnam.
Industry leaders expect India’s market share to nearly double, with rising demand for both traditional and sustainable products.
This levels the playing field with nations like Bangladesh and Vietnam.
Industry leaders expect India’s market share to nearly double, with rising demand for both traditional and sustainable products.
With CETA signed, Indian garment industry expects a boost in exports Read More »
US firm Deckers Brands appoints Patrick Grismer to board of directors
Deckers Brands has nominated Patrick J Grismer—former CFO of Starbucks, Hyatt, and Yum! Brands—for election to its board at the September 8, 2025 Annual Meeting.
Grismer would join the Audit Committee, as Dave Powers retires after nine years.
The board praised Grismer’s financial acumen and honoured Powers’ impactful leadership and legacy.
Grismer would join the Audit Committee, as Dave Powers retires after nine years.
The board praised Grismer’s financial acumen and honoured Powers’ impactful leadership and legacy.
US firm Deckers Brands appoints Patrick Grismer to board of directors Read More »
Sweden’s Fenix Outdoor eyes Q3 recovery after difficult Q2
Fenix Outdoor has reported a 3.1 per cent decline in Q2 2025 net sales to €144.9 million (~$170.982 million) and a €7.2 million (~$8.5 million) operating loss, citing weather disruptions, online discounting, and shifting consumer trends.
While Frilufts sales rose and DTC performance improved in the US, wholesale declined.
The company anticipates Q3 gains.
While Frilufts sales rose and DTC performance improved in the US, wholesale declined.
The company anticipates Q3 gains.
Sweden’s Fenix Outdoor eyes Q3 recovery after difficult Q2 Read More »
US’ Deckers posts 16.9% Q1 FY26 sales growth as Hoka & Ugg shine
Deckers Brands has posted strong Q1 FY26 results with net sales up 16.9 per cent to $964.5 million, driven by Hoka and Ugg.
International sales surged 49.7 per cent, offsetting domestic decline.
Net income rose to $139.2 million, with EPS at $0.93.
For Q2 FY26, Deckers projects sales of $1.38–$1.42 billion and EPS of $1.50–$1.55, amid ongoing global uncertainties.
International sales surged 49.7 per cent, offsetting domestic decline.
Net income rose to $139.2 million, with EPS at $0.93.
For Q2 FY26, Deckers projects sales of $1.38–$1.42 billion and EPS of $1.50–$1.55, amid ongoing global uncertainties.
US’ Deckers posts 16.9% Q1 FY26 sales growth as Hoka & Ugg shine Read More »
Urban Jungle by Safari targets Rs 115 cr revenue, bets on immersive EBO experience and new categories
Urban Jungle, a new vertical by Safari, is set to invest Rs 20 crore in opening 15 exclusive brand outlets (EBOs) across major metro cities within the next 12-18 months.
Switzerland’s Calida posts $128 mn H1 sales amid market headwinds
Swiss firm Calida group has reported H1 2025 sales of CHF 101.7 million (~$128.14 million), down 7.1 per cent.
Despite weak consumer sentiment, Calida and Aubade maintained brand strength, while Cosabella faced restructuring challenges.
The group posted an adjusted operating loss of CHF 1.3 million (~$1.638 million) but an overall profit of CHF 1.5 million (~$1.89 million).
Despite weak consumer sentiment, Calida and Aubade maintained brand strength, while Cosabella faced restructuring challenges.
The group posted an adjusted operating loss of CHF 1.3 million (~$1.638 million) but an overall profit of CHF 1.5 million (~$1.89 million).
Switzerland’s Calida posts $128 mn H1 sales amid market headwinds Read More »
Pepe Jeans appoints Rakesh Jallipally as CEO for India
Pepe Jeans London has named Rakesh Jallipally as its new CEO for India, signaling a strategic push for growth in this vital market. Jallipally brings 18 years of experience from fashion, retail, and consumer tech, including leadership roles at Flipkart, Reliance Retail (AZORTE), and Arvind Fashions (USPA, Flying Machine).
Pepe Jeans appoints Rakesh Jallipally as CEO for India Read More »
