Apparels

Fewer karats brighten up Tanishq, give Titan lustre

Titan Company is set for continued strong performance through the fiscal year. Festive and wedding demand is driving sales. The company’s strategy of offering lower karat jewelry is also boosting momentum. Analysts are revising target prices upwards. Titan’s international business is expanding significantly with a major acquisition planned. New stores and renovations are enhancing productivity.

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US’ HanesBrands Q3 operating profit rises 14% despite 1% dip in sales

US’ HanesBrands Inc has reported net sales of $892 million in Q3 2025, down 1 per cent YoY, while operating profit rose 14 per cent to $108 million and margin improved to 12.1 per cent.
EPS surged 986 per cent to $0.76, aided by tax benefits.
Despite weaker US and international sales, cost savings, margin expansion, and market share gains strengthened results ahead of its merger with Gildan.

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BGMEA signs MoU with Bangladesh Business Chamber of Canada

Bangladesh trade body BGMEA and the Bangladesh Business Chamber of Canada recently signed an MoU to foster cooperation, strengthen business ties and create new opportunities.
Both sides will strengthen networking and communication among members; facilitate knowledge exchange; jointly organise trade fairs, exhibitions; and promote Bangladesh’s apparel and textile products in Canada and North America.

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OETI Slovakia launches ‘Fit & Proof’ label for garment testing

OETI Slovakia has launched the ‘Fit & Proof’ label offering independent testing for garment fit, workmanship, and durability.
Based in Žilina, it supports apparel, PPE, and uniform manufacturers.
The service helps brands cut return rates, detect flaws early, and ensure consistency.
It also aids retailers, e-commerce, and public procurement in verifying garment quality and performance.

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Lenskart IPO GMP crashes 70% from peak. Will it defy odds to reward investors with listing gains?

Lenskart’s IPO grey market premium has dropped 70% from its peak, signaling investor caution despite strong subscription numbers. Analysts point to valuation concerns, suggesting muted listing gains, though the company’s robust business model and growth potential in India’s eyewear market are acknowledged as long-term positives.

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Under Armour Q2 FY26 revenue falls 5% as tariffs weigh on margins

Under Armour has reported revenues of $1.33 billion in Q2 FY26, down 5 per cent YoY, though ahead of guidance, with improving brand traction in North America.
Gross margin fell 250 bps to 47.3 per cent and SG&A rose 12 per cent to $582 million.
Operating income was $17 million.
For H1 FY26, revenue declined 4.5 per cent to $2.47 billion.
For FY26, expectations are set to decline by 4–5 per cent.

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