Apparels

Switzerland’s Calida posts $128 mn H1 sales amid market headwinds

Swiss firm Calida group has reported H1 2025 sales of CHF 101.7 million (~$128.14 million), down 7.1 per cent.
Despite weak consumer sentiment, Calida and Aubade maintained brand strength, while Cosabella faced restructuring challenges.
The group posted an adjusted operating loss of CHF 1.3 million (~$1.638 million) but an overall profit of CHF 1.5 million (~$1.89 million).

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Germany’s Puma revises 2025 outlook amid sales dip & tariff impact

Puma has reported a 2 per cent sales decline in Q2 2025 to €1.94 billion (~$2.27 billion), with net loss at €247 million (~$291.46 million) due to lower margins and €84.6 million (~$99 million) in one-time costs.
H1 sales dropped 1 per cent to €4.02 billion (~$4.70 billion).
Weakened wholesale, US tariffs, and inventory build-up led to a revised forecast: full-year sales are now expected to decline.

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India-UK CETA to boost textile sector, help it compete with Bangladesh, Pakistan

The India-UK Comprehensive Economic and Trade Agreement (CETA) is poised to level the playing field for Indian textile and clothing exporters, who previously faced duties of 10-12% in the UK market. This agreement is expected to boost India’s market share, benefiting various weaving units and artisan clusters across the country.

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US apparel imports from Africa hit $1.29 bn in Jan–Apr 2025

US apparel imports from Africa reached $1.29 billion during January–April 2025, with 24.08 million dozen garments, 0.896 million dozen pairs, and 36,610 units imported.
Average prices stood at $52.90 per dozen, $13.29 per dozen pair, and $116.09 per unit.
Notably, unit-priced garments have shown a steady increase, rising from $37.88 in 2022 to $116.09 in 2025.

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Jewellers set to strike gold with UK trade deal

The India-UK Comprehensive Economic and Trade Agreement (CETA) is poised to significantly boost India’s gold and diamond jewellery exports by granting zero-duty access to the UK market, leveling the playing field against local competitors. Government forecasts predict a doubling of jewellery exports within 2-3 years, driven by demand from both the South Asian community and British consumers.

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V-Mart Q1 PAT surges to Rs 34 crore; revenue up 13% amid steady store growth

V-Mart Retail witnessed a significant surge in net profit, soaring by 177% to ₹34 crore in Q1 FY26, driven by enhanced operational efficiency and inventory management. Revenue climbed 13% to ₹885 crore, with EBITDA rising 27%. The retailer expanded its footprint by adding 15 stores, reaching a total of 510 outlets, while focusing on strengthening its omni-channel presence.

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Sweden’s H&M Kids unveils denim-centric Back to School 2025 collection

H&M Kids’ Back to School 2025 collection highlights denim in mid-blue to faded black washes, blended with boho, varsity, and workwear influences.
For kids up to 14, the range includes flared jeans, quilted jackets, rib-knit sets, and floral prints.
Neutral tones with pops of colour, playful textures, and retro accessories add charm and energy to everyday dressing.

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Prada ‘Kolhapuri sandals’ scandal proves the power of India’s troll army

Prada faced online backlash for its sandals resembling India’s Kolhapuri, sparking cultural appropriation accusations. This incident highlights the power of India’s digital community and the importance of cultural sensitivity for international brands entering the growing Indian luxury market. Prada is now collaborating with artisans to understand Kolhapuri’s history, recognizing cultural fluency as crucial for business survival.

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