Zara owner Inditex meets quarterly sales forecast but recent sales slow

Inditex, owner of Zara, reported fourth-quarter sales in line with expectations, marking another year of strong growth. However, the first quarter saw slower sales growth. Despite this, the company remains committed to profitable growth and will increase its dividend. Inditex plans to open new stores in Iraq, Sweden, the Netherlands, and Germany.

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Tanishq expands US presence with new stores in Seattle and Atlanta

Tanishq, an Indian jewelry brand from Tata Group, is expanding its US presence with openings in Redmond, Washington, and Cumming, Georgia. The new stores offer a range of fine gold and diamond jewelry, appealing to both South Asian traditions and contemporary American tastes. This marks a significant milestone in Tanishq’s North American expansion.

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German sportswear Adidas becomes official kit Partner for Liverpool FC

Adidas and Liverpool FC have agreed a multi-year partnership, making Adidas the club’s official kit partner from the 2025/26 season.
This marks their third collaboration, following successful periods from 1985-1996 and 2006-2012.
Adidas will supply kits for all teams and staff.
Both sides expressed excitement, aiming to build on their shared history and create iconic kits for fans.

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Retailer Kohl’s forecasts bigger-than-expected drop in annual sales

Kohl’s Corp has forecasted a larger than expected decline in annual comparable sales, putting more pressure on new CEO Ashley Buchanan amidst the company’s ongoing struggles with fluctuating demand. The retailer anticipates a 4 per cent to 6 per cent drop in 2025 same-store sales, surpassing analysts’ predictions of a 0.9 per cent decrease.

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China’s back in the bling game! Indian diamond traders cheer as sales sparkle again

China has resumed buying diamonds cut and polished in India after a hiatus of nearly two years, positively impacting rough diamond prices and Indian diamond traders. This renewed interest from Chinese buyers is expected to reboot diamond production in Surat and generate jobs while boosting India’s diamond exports.

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Sri Lanka’s garment exports up 22.7% to $428 million in Jan 2025

Sri Lanka’s garment exports surged 22.7 per cent to $428.4 million in January 2025, driven by strong demand.
Textile exports rose 3.9 per cent, while overall textile product exports reached $461.3 million, making up 55.67 per cent of industrial exports.
Imports of textiles and clothing increased, signalling higher domestic demand.
The sector continues its recovery after previous declines in 2023.

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Sweden’s H&M Move unveils S/S 2025 running collection

H&M Move’s S/S 2025 running collection blends function and fashion for athletes and joggers.
Featuring DryMove for breathability and ShapeMove for support, the range includes lightweight jackets, leggings, and performance tops.
Women’s styles come in storm blue and beige, while men’s feature grey, black, and neon pink.
Practical details like gel pockets and reflective accents enhance performance.

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