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.

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Taiwan’s Fulgent Sun’s Q3 revenue rises 42%

Taiwanese footwear OEM Fulgent Sun’s FY26 Q3 revenue rose 42.32 per cent year on year to NT$5.44 billion (~$167.84 million), supported by added capacity.
Operating profit fell 23.74 per cent and net income attributable to owners dropped 54.68 per cent despite higher gross profit.
Margins narrowed on tariffs, raw-material volatility, wage rises, start-up costs at new plants and foreign-exchange impact.

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US’ UniFirst FY26 revenue rises as merger costs curb profit

UniFirst Corporation recorded fiscal 2026 revenue of $2.52 billion, up 3.7 per cent, supported by growth across its operating segments.
Net income fell to $109.5 million as proposed Cintas merger and enterprise resource planning costs weighed on earnings.
Fourth-quarter revenue rose 5 per cent to $645 million, while adjusted EBITDA margin improved to 14.7 per cent.

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US apparel imports from Peru fall 10.4% as supplier trends diverge

Peruvian exporters must factor a 12.5 per cent US Section 301 duty into covered US-bound apparel shipments, as Peru’s free-trade agreement does not remove the new charge.
US exemptions apply only to qualifying USMCA and CAFTA-DR textile and apparel entries.
US apparel imports fell 7.4 per cent to about $49.08 billion in January-August 2026, with supplier performance diverging.

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Nike signs multi-year kit partnership with Mumbai Indians from 2027 season

Nike has entered into a multi-year partnership with Mumbai Indians to become the official kit partner starting in 2027. This agreement covers all match kits, training apparel, and sportswear for the men’s and women’s teams. The new team apparel will be revealed before the 2027 seasons, while Nike apparel will be available to fans. Mumbai Indians will leverage this collaboration to connect cricket with culture through unique products.

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From online hype to profit: Why India’s apparel brands need stores

India’s D2C apparel websites account for only $3.3 billion, or 3.4 per cent, of the country’s $95.7 billion domestic apparel market in 2025.
Offline channels still hold 83 per cent of sales, while marketplaces take about 80 per cent of online apparel sales, CMAI and 1Lattice found.
Rahul Mehta says brands need customer data, stores and profitability as consolidation looms.

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‘India a rising star in Swiss watch exports market’: Franck Muller’s Erol Baliyan

India is poised to rank as the seventh or eighth largest export market for Swiss watches in the upcoming year. The country experienced a 28.5% increase in Swiss watch exports from January to September of 2026. Exports to India during this period were valued at 265 million Swiss francs, indicating strong demand. In contrast, Swiss watch exports to China and the US have declined, affecting other markets.

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PC Jewellers Q2 Results: Net profit shoots up 58% to Rs 331 crore; company says it is now debt-free

PC Jewellers Ltd has achieved an impressive 58 percent growth in net profit for Q2 of the 2026-27 fiscal year, driven by sales that surged beyond Rs 1,054 crore. The company is now debt-free after early repayment to banks and is set to unveil a new jewellery brand aimed at attracting younger consumers.

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