Apparels

Gold prices saw a marginal rise in July, supported by inflation expectations and tariff tensions. Gold prices have jumped 26 percent so far in 2025. Global gold ETFs experienced inflows, especially in North America and Europe. In India, spot gold prices increased significantly. Buyers are now hesitant due to the unexpected price surge. Many customers are shifting to lower-carat jewellery.

Under Armour has posted a 4 per cent YoY revenue drop to $1.1 billion in Q1 FY26, with a net loss of $3 million.
North America sales fell 5 per cent, while EMEA rose 10 per cent.
Footwear revenue declined 14 per cent, but gross margin rose to 48.2 per cent.
Adjusted operating income was $24 million.
Q2 revenue is expected to fall 6–7 per cent due to tariff and supply chain headwinds.

Pearl Global Industries Ltd has reported revenues of ₹1,228 crore (~$140.07 million) in Q1 FY26, up 16.6 per cent YoY, led by strong sales in Vietnam and Indonesia.
Adjusted EBITDA rose to ₹114 crore (~$12.54 million) with a 9.3 per cent margin, while PAT grew 5.9 per cent to ₹66 crore.
PGIL is recalibrating its US strategy due to tariffs, focusing expansion on favourable markets like Vietnam and the UK.

Crocs has reported revenue of $1.15 billion in Q2 FY25, up 3.4 per cent YoY, with record gross profit and a 61.7 per cent adjusted gross margin.
Despite a $428 million operating loss due to Heydude impairments, adjusted EPS rose 5.5 per cent to $4.23.
The company expects Q3 revenue to decline by 9–11 per cent, citing global trade uncertainty and tightening consumer conditions.

HanesBrands Inc has reported better-than-expected Q2 FY25 results with net sales up 1.8 per cent YoY to $991 million and gross profit rising 38 per cent.
The operating profit soared 345 per cent to $155 million, with EPS at $0.24.
US sales declined slightly, while international sales dropped 3 per cent.
The company raised its full-year outlook and expects Q3 sales of $900 million.

RSWM Ltd has reported revenue of ₹1,169 crore (~$133.32 million) in Q1 FY26, down 3.2 per cent YoY due to weak export demand, but swung to a net profit of ₹7 crore (~$797,870) from a loss of ₹13.7 crore ($1.56 million).
EBITDA rose 50.6 per cent YoY to ₹81 crore (~$9.23 million), with margin improvements.
CMD Riju Jhunjhunwala highlighted growth focus and trade pacts as key drivers ahead.

Page Industries has reported a 21.5 per cent YoY PAT growth to ₹2,008 million (~$22.89 million) in Q1 FY26, with EBITDA up 21.1 per cent to ₹2,947 million (~$33.61 million) and revenue rising 3.1 per cent to ₹13,166 million (~$150.17 million).
Sales volume grew 1.9 per cent to 58.6 million pieces.
The company remains optimistic on demand recovery.

Levi Strauss & Co. has appointed Hiren Gor as the Managing Director for South Asia, Middle East, and Africa (SAMEA), effective immediately. Gor, a 16-year veteran of the company, previously served as General Manager for South Asia.

a.k.a Brands has reported Q2 FY25 net sales of $160.5 million, up 7.8 per cent YoY, led by 13.7 per cent US growth.
Despite a net loss of $3.6 million, adjusted EBITDA reached $7.5 million.
The company raised its FY25 sales guidance to $608–$612 million.
CEO highlighted strong DTC performance, retail expansion, wholesale partnerships, and supply chain progress as drivers of future profitable growth.

Columbia Sportswear unveils “Engineered for Whatever,” a bold new campaign reviving its irreverent ’80s–’90s spirit.
Partnering with adam&eveDDB, the brand showcases its performance gear in outrageous, unpredictable outdoor scenarios.
Blending humour with innovation, the campaign spans digital, retail, and out-of-home channels this fall.