High gold prices and economic uncertainties subdued gold jewellery sales in India during April and early May, except for Akshaya Tritiya. Consumers deferred purchases, opting for lighter jewellery. While large retailers saw increased sales due to promotions, smaller jewellers experienced declines. Bullion and low-weight coins performed well, especially online, indicating a shift towards organized players and investment-oriented gold.

Delta Galil reported record Q1 FY25 results with sales up 11 per cent to $498.7 million, marking its fifth consecutive quarter of growth.
Net income rose 46 per cent to $17.6 million, while online brand sales grew 21 per cent.
Despite margin pressure, EBIT climbed 26 per cent.
The company withdrew prior guidance due to new US tariffs but expects limited impact and is implementing cost-saving measures.

Despite recent trade tensions, China expanded its share in the US leather apparel and accessories market to 23.08 per cent in the first 2 months of 2025, with exports worth $534.204 million.
Cambodia followed with a 15.56 per cent share.
Compared to 2020, China’s share has grown significantly, reinforcing its position as the top supplier amid rising US imports from other key countries.

Aditya Birla Fashion and Retail Ltd witnessed a significant reduction in its net loss, reporting Rs 23.55 crore for the fourth quarter ended March 2025, compared to a loss of Rs 266.36 crore in the previous year. Revenue from operations increased to Rs 1,719.48 crore.

Deckers Brands has reported net sales of $4.99 billion in FY25, up 16.3 per cent YoY, led by strong growth in Hoka at 24 per cent and UGG at 13 per cent.
EPS rose to $6.33.
Q4 sales hit $1.02 billion, an increase of 6.5 per cent, with a gross margin of 56.7 per cent in Q4.
For Q1 FY26, sales are forecast between $890–910 million and EPS between $0.62–$0.67, amid global trade uncertainties.

De Beers is collaborating with the Indian government to eliminate tariffs on diamonds entering the U.S. after being processed in India, aiming for a deal before July 9. CEO Al Cook emphasizes India’s vital role in diamond exports and the growing domestic demand, projecting the Indian natural diamond market to double by 2030, driven by unique value proposition.

India’s new port restrictions on select imports from Bangladesh, including garments, threaten to disrupt bilateral textile trade worth $2.5 billion.
With 76 per cent of Bangladeshi RMG exports routed via Petrapole land port, rerouting to only Kolkata and Nhava Sheva seaports raises transit costs, delays and supply chain risks.
The move could strain diplomatic ties and open trade opportunities for others.

Vishal Fabrics has reported a 13 per cent rise in net profit to ₹23.84 crore (~$2.79 million) in FY25, with total income up 5 per cent to ₹1,521.43 crore (~$178.27 million).
Despite global headwinds, the company credited its focus on efficiency and quality for the strong performance.
It continues to expand in domestic and international markets through sustainable innovation and digital transformation.

Rhea Chakraborty and Showik Chakraborty are expanding their streetwear brand, ‘Chapter 2,’ with plans to launch 10-15 outlets in the next year, focusing on non-metro cities like Jaipur and Bhopal. Following the opening of their first retail store in Mumbai, the brand aims to create experience centers with coffee corners and DIY sections.

Gokaldas Exports has reported its highest-ever income of ₹3,917 crore (~$458.77 million) in FY25, up 63 per cent YoY, with strong growth in PBT, PAT, and EBITDA.
Q4 FY25 income rose 27 per cent YoY to ₹1,035 crore.
Margin improvements were driven by productivity and cost efficiency.
The company sees FY26 as challenging due to US tariffs but is optimistic about opportunities from the India-UK FTA.