Growth Investment Partners Ghana Ltd, an investment platform set up by British International Investment, recently invested in Ghana’s Maagrace Garments Industries Limited, a subsidiary of UK-headquartered apparel sourcing and manufacturing firm Ethical Apparel Africa.
A new production facility with higher production capacity will be built at MGIL’s premises in Koforidua to boost export volumes.

Raymond Lifestyle Limited faced a setback in the fourth quarter. The company reported a net loss of Rupees 45 crore. Muted demand and increased expenses impacted the earnings. Revenue also declined compared to the previous year. However, Gautam Singhania remains optimistic. He sees early signs of demand recovery. The company opened new stores and anticipates growth from the India-UK FTA.

Crocs Inc has reported revenues of $937 million in Q1 2025, up 1.4 per cent on a constant currency basis.
The Crocs brand grew 2.4 per cent, while Heydude declined 9.8 per cent.
Gross margin improved to 57.8 per cent, but operating income fell 1.5 per cent.
Due to global trade uncertainty, Crocs withdrew its 2025 outlook despite better-than-expected performance and continued share repurchases.

Wolverine Worldwide has reported revenue of $412.3 million in Q1 2025, up 4.4 per cent YoY, driven by strong growth in Merrell and Saucony.
The gross margin rose to a record 47.3 per cent, and EPS improved to $0.13.
For Q2, revenue is expected between $440–$450 million, with EPS of $0.17–$0.22.
Due to tariff-related uncertainty, full-year guidance has been withdrawn.

Gold prices on MCX fell over Rs 2,400 per 10g amid easing US-China trade tensions and a temporary India-Pak ceasefire. Analysts point to weakening momentum, with technical indicators suggesting a near-term pullback. While global fundamentals remain supportive, softening tariffs and stronger economic data could cap gains. Traders are advised to adopt a buy-on-dips strategy above Rs 93,000.

Gold prices on MCX fell over Rs 2,400 per 10g amid easing US-China trade tensions and a temporary India-Pak ceasefire. Analysts point to weakening momentum, with technical indicators suggesting a near-term pullback. While global fundamentals remain supportive, softening tariffs and stronger economic data could cap gains. Traders are advised to adopt a buy-on-dips strategy above Rs 93,000.

Bangladesh’s ready-made garment (RMG) exports rose by 10 per cent to $32.64 billion in July–April FY25, driven by stronger knitwear exports.
Home textile exports increased by 4.25 per cent, while cotton and cotton product exports grew by 6.7 per cent.
However, April 2025 data showed slower monthly growth, with woven apparel and cotton exports declining.

New Zealand imported $149.950 million worth of apparel from China in January–February 2025, accounting for 64.78 per cent of total imports.
Jerseys led with $29.378 million, followed by trousers and shorts, coats, shirts, and T-shirts. Man-made fibre apparel made up 42.62 per cent of imports.
Bangladesh, Vietnam, Indonesia, and India were the other top suppliers.

Puma has reported sales of €2.1 billion (~$2.27 billion) in Q1 2025, down 1.3 per cent but up 0.1 per cent on currency-adjusted basis.
DTC grew 12 per cent, while wholesale fell 3.6 per cent due to softness in the US and China.
EMEA sales rose, while Asia-Pacific and Americas declined.
Footwear grew 2.4 per cent.
Puma maintained its FY25 outlook, excluding impacts from new US tariffs.

HanesBrands Inc has reported net sales of $760 million in Q1 2025, up 2.1 per cent YoY, with gross margin rising to 41.7 per cent.
Adjusted operating profit grew 61 per cent to $81 million, and adjusted EPS rose to $0.07.
US and international sales declined slightly.
For FY25, sales are projected at $3.47–$3.52 billion.
Its Q2 sales are expected at $970 million, with adjusted EPS of $0.18.