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.

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.

Lab-grown gold to crash prices? San Francisco’s Marathon Fusion just turned mercury into yellow metal Read More »

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.

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.

From 50 to 500 stores: Neeman’s plans 10X retail expansion, eyes Rs 1,000 crore business by FY30 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 »

Shopping Cart