Apparels

Shoppers Stop reported a significant 91.4% drop in consolidated profit for the March quarter, landing at Rs 1.99 crore, despite a slight 1.68% increase in revenue to Rs 1,064 crore. For FY25, net profit also declined by 86% to Rs 10.89 crore, although revenue from operations rose by 7.2% to Rs 4,627.64 crore.

Kalki Fashion secures a significant investment of Rs 225 crore from Lighthouse Funds. The brand plans to use the funds to expand its retail presence. This expansion includes both domestic and international markets. New product development is also a key focus. Kalki Fashion aims to strengthen its position in the premium occasion wear segment.

The Souled Store, a D2C fashion and lifestyle brand, has acquired Redwolf, a pop culture merchandise company, to strengthen its position in the fandom-driven market. Redwolf’s founders will join The Souled Store, bringing strategic and creative expertise.

Adidas is expecting its 2025 operating profit to reach €1.7–1.8 billion (~$1.82–1.93 billion), driven by strong brand momentum, localised strategies, and improved efficiencies.
In Q1 2025, revenue rose 13 per cent YoY to €6.15 billion (~$6.58 billion), led by robust growth across regions, product categories, and channels.
Operating profit surged 82 per cent to €610 million (~$652.7 million).

Trent Ltd, a Tata group retail firm, reported a 56.24% drop in consolidated net profit to Rs 311.60 crore for the quarter ended March 31, 2025. Despite this, revenue from operations rose by 27.87% to Rs 4,216.94 crore. For the entire fiscal year, net profit increased by 3.85% to Rs 1,534.41 crore, with total income up 37.02%.

Indian diamantaires face challenges as a 10% US tariff on natural diamond imports threatens export revenues, potentially declining by 8-10% in fiscal 2026. Crisil Ratings anticipates subdued demand and competition from lab-grown diamonds will exacerbate the impact. While calibrated inventory management may support realisations, polishers’ operating margins could dip slightly.

Gold has continued to shine bright for investors, delivering a return of over 30 per cent since last year’s Akshaya Tritiya, according to brokerage firm Ventura.

Adidas maintains its financial outlook for 2025. However, the sportswear giant expects rising import tariffs in the United States to increase product costs. CEO Bjorn Gulden highlights the potential impact despite minimizing exports from China. Unexpectedly high levies on Southeast Asian countries add to the uncertainty. Cost increases may eventually lead to price hikes.

As more gas is being diverted to generate power during summer, gas pressure has plunged in Bangladesh’s industrial zones—at times to zero—crippling production.
Despite two steep price hikes in the last two years, factory owners say availability has only worsened, with no signs of improvement.
A few hundred textile factories reliant on gas are now operating at a fraction of their capacity.

Gold prices declined as easing trade tensions between the U.S. and its partners diminished its safe-haven appeal. Investors are closely watching upcoming U.S. economic data releases to gauge the Federal Reserve’s future policy decisions. Despite short-term fluctuations, long-term factors like central bank diversification may support gold’s upward trend.