Apparels

India’s PDS Limited has reported an 18 per cent rise in GMV to ₹5,467 crore (~$619.2 million) in Q2 FY26, with revenue up 14 per cent and PAT surging 142 per cent to ₹48 crore.
The order book reached ₹5,308 crore (~$601.1 million), up 15 per cent YoY.
Improved working capital efficiency generated ₹593 crore in cash flow, and the board declared an interim dividend of ₹1.65 per share.

Global fashion retailer H&M is expanding its online presence in India by launching on Nykaa and Nykaa Fashion platforms in November. This collaboration will make H&M’s apparel and beauty collections, including vegan make-up and fragrances, accessible nationwide. H&M will also participate in Nykaaland 3.0, showcasing its Festive 2025 collection.

Raymond, an influential Indian supplier in the aerospace and automotive industries, reported a troubling 20% dip in quarterly profits. The increase in operational costs, especially related to employee benefits and financial expenses, outstripped revenue gains.

PUMA India’s Managing Director, Karthik Balagopalan, has resigned. He is leaving to focus on family matters in Germany. Balagopalan has been with PUMA since 2006 and became MD in May 2023. He previously held global retail and e-commerce roles. PUMA has not yet announced his replacement. The company wishes Balagopalan well.

Lenskart CEO Peyush Bansal: In an hour-long conversation with ET, founder and CEO Peyush Bansal said the 17-year-old company, which once experimented beyond eyewear, has since sharpened its focus on its core mission to sell a billion pairs of glasses without categorising itself as an online, offline or an omnichannel retailer.

Footwear maker Bata India Ltd on Monday reported a 73.26 per cent decline in consolidated net profit to Rs 13.9 crore in the second quarter ended September 30, 2025, impacted by lower revenue and higher expenses.

Philippines’ apparel export prices rose over 11 per cent to $23.69/kg in 2025, driven by a shift toward higher-value, sustainable, and niche manufacturing.
Despite declining shipment volumes amid weak global demand and rising input costs, exporters achieved stronger margins.
North America and Asia remain key markets, reflecting the country’s move from bulk basics to eco-certified apparel lines.

Direct-to-consumer fashion brand Miss Mosa by Akanksha reported Rs 64 crore revenue in FY 2024-25, projecting Rs 110 crore for FY 2025-26. The brand, founded in 2016, has achieved nearly 100% year-on-year growth since adopting a D2C model in 2020, processing over 2.5 lakh orders.

Lavanya Pachisia has stepped down as Zivame CEO, concluding a significant phase of the intimatewear brand’s growth. She led Zivame’s evolution from an online-first business to an omnichannel brand with an expanded retail footprint, emphasizing accessibility and understanding women’s needs across India. Pachisia credited the company’s progress to its visionary leaders and extraordinary team.

Speed, hyperlocal merchandising and channel-first distribution: a measurable operating model for retail leaders.