Puma has reported a 2 per cent sales decline in Q2 2025 to €1.94 billion (~$2.27 billion), with net loss at €247 million (~$291.46 million) due to lower margins and €84.6 million (~$99 million) in one-time costs.
H1 sales dropped 1 per cent to €4.02 billion (~$4.70 billion).
Weakened wholesale, US tariffs, and inventory build-up led to a revised forecast: full-year sales are now expected to decline.

ALDO India, under Apparel Group, is intensifying its focus on tier 2 and 3 cities, shared Arpit Kumar. The brand aims to expand its offline presence significantly, complementing its growing online channels. Athleisure footwear is a key growth driver, reflecting evolving consumer preferences.

The India-UK Comprehensive Economic and Trade Agreement (CETA) is poised to level the playing field for Indian textile and clothing exporters, who previously faced duties of 10-12% in the UK market. This agreement is expected to boost India’s market share, benefiting various weaving units and artisan clusters across the country.

US apparel imports from Africa reached $1.29 billion during January–April 2025, with 24.08 million dozen garments, 0.896 million dozen pairs, and 36,610 units imported.
Average prices stood at $52.90 per dozen, $13.29 per dozen pair, and $116.09 per unit.
Notably, unit-priced garments have shown a steady increase, rising from $37.88 in 2022 to $116.09 in 2025.

The India-UK Comprehensive Economic and Trade Agreement (CETA) is poised to significantly boost India’s gold and diamond jewellery exports by granting zero-duty access to the UK market, leveling the playing field against local competitors. Government forecasts predict a doubling of jewellery exports within 2-3 years, driven by demand from both the South Asian community and British consumers.

V-Mart Retail witnessed a significant surge in net profit, soaring by 177% to ₹34 crore in Q1 FY26, driven by enhanced operational efficiency and inventory management. Revenue climbed 13% to ₹885 crore, with EBITDA rising 27%. The retailer expanded its footprint by adding 15 stores, reaching a total of 510 outlets, while focusing on strengthening its omni-channel presence.

H&M Kids’ Back to School 2025 collection highlights denim in mid-blue to faded black washes, blended with boho, varsity, and workwear influences.
For kids up to 14, the range includes flared jeans, quilted jackets, rib-knit sets, and floral prints.
Neutral tones with pops of colour, playful textures, and retro accessories add charm and energy to everyday dressing.

Prada faced online backlash for its sandals resembling India’s Kolhapuri, sparking cultural appropriation accusations. This incident highlights the power of India’s digital community and the importance of cultural sensitivity for international brands entering the growing Indian luxury market. Prada is now collaborating with artisans to understand Kolhapuri’s history, recognizing cultural fluency as crucial for business survival.

Gold prices have surged past ₹1 lakh per 10 g, driven by global demand, trade uncertainties, and a weak rupee, pressuring festive jewellery sales and boosting investor interest in lightweight, lower-karat and investment-grade formats.

Jehangir Wadia returns to the Wadia Group after a four-year hiatus, focusing on revitalizing Bombay Dyeing into a real estate powerhouse. He aims to institutionalize real estate operations under Bombay Realty, leveraging the group’s legacy and integrity. Wadia plans to unlock land assets, explore joint ventures, and develop projects like the Island City Centre.