Lenskart evolv offers AI-assisted eye testing, remote optometrist consultations and a digital shopping assistant to help customers explore its collection. The experience is supported by in-store technologies, including Tango Eye, according to the company.
US’ Deckers Brands’ Q2 profit rises 17% as Hoka, UGG expand
Deckers Brands has raised its FY27 diluted earnings per share outlook after second-quarter earnings exceeded expectations, supported by disciplined marketplace management and expense control.
Second-quarter net sales rose 3.5 per cent to $1.48 billion, while net income increased 17 per cent to $313.1 million.
Tariff refunds lifted margins and EPS, as Hoka and UGG both delivered sales growth.
Second-quarter net sales rose 3.5 per cent to $1.48 billion, while net income increased 17 per cent to $313.1 million.
Tariff refunds lifted margins and EPS, as Hoka and UGG both delivered sales growth.
US’ Deckers Brands’ Q2 profit rises 17% as Hoka, UGG expand Read More »
Lab-grown gold to crash prices? San Francisco’s Marathon Fusion just turned mercury into yellow metal
Marathon Fusion, a San Francisco-based start-up, claims to have converted mercury into stable gold using nuclear transmutation, saying it surpassed CERN’s record by 10 times. However, it has not disclosed the quantity produced or shared experimental data, leaving the claim’s scale and commercial potential unclear.
Georgia’s apparel imports rise 14%, European suppliers gain share
Georgia’s apparel imports rose 13.96 per cent to $289.759 million in January–August 2026, with Europe strengthening its lead as the largest supplier.
European shipments grew 17.64 per cent to $128.148 million, lifting share to 44.23 per cent, while Asia-Pacific’s share fell to 24.43 per cent.
Turkiye, China, Spain, Italy and Germany remained the top five suppliers.
European shipments grew 17.64 per cent to $128.148 million, lifting share to 44.23 per cent, while Asia-Pacific’s share fell to 24.43 per cent.
Turkiye, China, Spain, Italy and Germany remained the top five suppliers.
Georgia’s apparel imports rise 14%, European suppliers gain share Read More »
BlueStone reports Rs 4.4 crore loss in Q2 as operating revenue rises 45 pc
The company’s operating revenue rose 45% year-on-year (YoY) to Rs 745 crore in the second quarter of FY27, compared with Rs 513.6 crore a year earlier. Including other income of Rs 24.4 crore, BlueStone’s total income stood at Rs 769 crore during the quarter.
BlueStone reports Rs 4.4 crore loss in Q2 as operating revenue rises 45 pc Read More »
Prada Q3 revenue rises in a slowing luxe market
Italian luxury group Prada reported a 1% organic growth in revenue for the third quarter of the year. This performance reflects resilience in a challenging luxury market environment and the acquisition of Versace. Growth was supported by positive trends in the Americas and stable sales in the Asia-Pacific region. However, retail sales from the Miu Miu brand declined by 3% amid these challenges.
Prada Q3 revenue rises in a slowing luxe market Read More »
From 50 to 500 stores: Neeman’s plans 10X retail expansion, eyes Rs 1,000 crore business by FY30
Neeman’s targets an impressive revenue goal of Rs 1,000 crore by FY30 and plans to roll out 500 exclusive stores. The strategy includes opening five to ten new locations every month, predominantly through company-owned ventures to enhance customer experience. With current profitability, Neeman’s expects retail to contribute 40 percent to its revenue in three years.
Chinese spending curbs weigh on Hermes sales
Revenue in the region that includes China, the luxury group’s biggest market, flatlined at constant exchange rates, Hermes International said Thursday. Analysts had expected growth of about 1.6%. The region generates around 42% of Hermes’ total revenue.
Chinese spending curbs weigh on Hermes sales Read More »
6,500 metric tons incoming in next six months: India opens festive floodgates for silver
The increased allocation could support international silver prices while bringing down elevated premiums in India, where tight supplies have pushed local prices above official domestic benchmarks.
6,500 metric tons incoming in next six months: India opens festive floodgates for silver Read More »
Gold purchase volumes fall 25 per cent during Dussehra in Delhi, Mumbai: Report
The report also identified changing fashion spending patterns during Navratri. In Mumbai, outfit restyling accounted for 47.8 per cent of search interest, compared with 14.9 per cent of written discourse. In Delhi, consumers showed interest in budget-conscious styling using two or three pieces priced below Rs 1,000, which could be reused across celebrations.
Gold purchase volumes fall 25 per cent during Dussehra in Delhi, Mumbai: Report Read More »
