Middle East tensions: Gold prices jump 2% on Iran conflict; India braces for diamond supply crunch

Gold prices surged as major strikes on Iran, reportedly killing Supreme Leader Ayatollah Ali Khamenei, intensified geopolitical tensions and fears of economic instability. The attacks triggered further retaliatory actions, creating a volatile environment that benefits gold as a safe-haven asset. Analysts predict continued price increases, with major banks forecasting gold to reach $6,000-$6,300 per ounce.

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Australia’s cotton export value slips but volume rises in 2025

Australia’s cotton exports in 2025 shifted towards higher volumes but lower values, with shipments reaching $2.228 billion as prices declined.
Average export prices fell to $1.81 per kg, reflecting improved global supply and cautious demand.
China, India and Vietnam led imports, highlighting Asia’s dominance.
Overall, competitive pricing supported demand.

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Mexico’s apparel imports down 9% on weak consumer demand

Mexico’s apparel imports fell 9.12 per cent to $6.655 billion in 2025 amid softer consumer demand and retail inventory correction, though volumes stayed above 2023 levels.
Trousers and T-shirts led imports, with knitwear dominating over woven garments.
Man-made fibres held the largest share, while unisex apparel topped gender segments.
Asia-Pacific remained the primary sourcing region.

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The global footwear major that kept betting on India despite Trump-era tariffs

Crocs is strengthening its manufacturing in India. The footwear brand sees India as a key hub for its global supply chain diversification. Despite past tariff challenges, the company has expanded its factory presence. This move aims to serve both export markets and the growing Indian consumer base. India is now a top focus for Crocs’ retail expansion.

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Turkiye’s apparel exports drop 6% to $16.3 bn in 2025

Turkiye’s apparel exports fell 6.26 per cent to $16.393 billion in 2025, extending a multi-year decline amid weak European demand, cautious brand ordering and intensifying competition from lower-cost suppliers.
Knitted exports dropped 4.8 per cent, while woven shipments fell 8.2 per cent.
December data showed marginal stabilisation, with overall shipments easing just 0.24 per cent year on year.

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Switzerland’s Calida narrows sales decline, lifts profit in 2025

Calida Group has reported net sales of CHF 215.9 million (~$278.5 million) in 2025, down 5 per cent YoY.
EBIT rose to CHF 9 million (~$11.6 million) and net profit to CHF 7.6 million (~$9.8 million), supported by strong Calida and Aubade performance.
The group maintained solid liquidity and continued Cosabella repositioning while targeting future profitability improvement.

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The new economics of fashion: Trust, longevity and price discipline

Fashion demand in 2026 remains intact but more selective, with consumers spending cautiously and prioritising value, durability and versatility.
Intentional purchasing and promotion sensitivity are reshaping pricing dynamics and margin structures.
Polarised consumer behaviour is pushing brands to rebuild trust, justify full price and align sustainability with longevity.

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US’ Wolverine Worldwide 2025 revenue rises 6.8% on Active Group growth

Wolverine Worldwide has reported revenue of $1.874 billion in 2025, up 6.8 per cent, led by Active Group growth and strong Saucony performance.
Margins and earnings improved, while cash rose and debt declined.
Fourth-quarter revenue increased 4.6 per cent.
CEO Hufnagel highlighted brand momentum and transformation progress.
The company expects 2026 revenue growth with steady margins.

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Gold discounts in India widen to 10-month highs, China demand picks up

Indian gold buyers are facing deep discounts due to price rebounds. Demand has fallen, even with the wedding season. Meanwhile, China’s gold market saw increased demand after the Lunar New Year holiday. Premiums rose as gold’s safe-haven appeal grew amid global uncertainties. This trend highlights shifting global gold market dynamics.

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