Apparels

Bata begins giving GST rationalisation benefits to customers

Bata India has launched its “Bata Price Promise” initiative, proactively implementing the GST rate cut on footwear priced below Rs 1,000 before the official rollout. Prices at Bata outlets now reflect a 7% reduction, with the company absorbing the difference to provide immediate savings to customers. This move aims to make festive shopping more affordable and accessible.

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Giorgio Armani, founder of Armani Group passes away at 90

Giorgio Armani, the iconic Italian designer and founder of the Armani Group, has passed away at the age of 90. He remained actively involved in his company until his final days, leaving behind a legacy of minimalist elegance and independence. Armani’s family and long-time employees are committed to carrying forward his vision and values, ensuring the continued success of the brand.

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Skechers opens largest factory mall store at Miami’s Dolphin Mall

Skechers has opened its largest factory mall store at Dolphin Mall, Miami, spanning 26,017 square feet.
The immersive Skechers World of Sports features racetracks, courts, and digital displays, offering performance and lifestyle footwear, apparel, and accessories.
The August 29 launch, attended by athlete Julius Randle, highlights Skechers’ global expansion of its performance retail concept.

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Brand Studio Lifestyle to expand retail network to 75 outlets by FY26

Brand Studio Lifestyle aims to expand its offline presence to 75 exclusive brand outlets by March 2026, complemented by shop-in-shop setups in 600 large format stores. Highlander and Tokyo Talkies recently launched a 12,000 sq. ft. flagship store in Bengaluru, marking their 40th outlet since entering the offline market in February 2024.

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US’ Dick’s & Foot Locker report preliminary merger election results

Dick’s Sporting Goods and Foot Locker announced preliminary results of shareholder elections for their merger.
Around 92.6 per cent of Foot Locker shareholders opted for stock consideration (0.1168 Dick’s shares per Foot Locker share), while only 1.2 per cent chose cash consideration of $24 per share.
Shareholders who did not elect will receive cash, and fractional shares will be settled in cash.

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Sri Lanka’s garment exports rise 9% to $2.85 bn in Jan-Jul 2025

Sri Lanka’s garment exports rose 9 per cent to $2.85 billion in Jan–Jul 2025, driven by strong apparel demand, while textile exports dipped 4.8 per cent.
Combined textile and garment exports made up over half of industrial shipments.
July saw an 8.3 per cent export rise, while apparel imports surged 35.2 per cent, signalling a revival in domestic consumption.

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