Apparels

Libas, an Indian wear brand, is expanding its offline presence. Eleven new stores will open on August 15. The brand is also focusing on quick commerce through various platforms. Libas plans to launch its own quick commerce service by Diwali. They anticipate significant growth this festive season. The company aims to increase its revenue through online and offline channels.

Allbirds has posted revenue of $39.7 million in Q2 2025, down 23.1 per cent YoY, with gross margin falling to 40.7 per cent.
Net loss narrowed to $15.5 million, and adjusted EBITDA loss improved to $12.6 million.
CEO Joe Vernachio expects growth in Q4, citing new product and marketing initiatives.
Full-year revenue is forecast at $165–$180 million with continued operational discipline.

Countries like Bangladesh, Vietnam, Cambodia, Pakistan, etc., benefit from more favourable tariffs (19–20%), while India and Brazil face steep 50% duties—affecting their competitiveness in the US market.
Industry experts emphasise need for collaborative approach to global trade to create a more predictable, fair trade environment that prioritises competitiveness over geopolitical manoeuvring.

Gokaldas Exports anticipates a significant blow from the US’s new 50% tariff on Indian goods, potentially forcing business away from India. Managing Director Siva Ganapathi warns that this duty is unsustainable, exceeding the supply chain’s capacity to absorb costs. He suggests brands might reduce features to maintain prices, while orders could shift to European markets.

Aramark has reported a record Q3 FY25 revenue of $4.6 billion, up 6 per cent YoY, with operating income rising 13 per cent to $183 million and AOI up 19 per cent to $230 million.
GAAP EPS grew 24 per cent to $0.27.
Strong FSS US and International performance, AI-driven supply chain gains, and high client retention underpin its outlook to exceed growth and profitability targets.

Trent has introduced ‘Burnt Toast,’ a new fashion brand targeting the youth market, with its first store opening in Bengaluru. Located in Banashankari, the 2,500 sq. ft. store offers affordable, trend-forward clothing designed to appeal to fashion-conscious young consumers. Trent aims to connect with the city’s vibrant youth culture, offering pieces that blend contemporary trends with effortless style.

India Independence Day 2025: New US tariffs of 50% imperil Indian textile exports, especially from Tiruppur. Exporters fear significant business losses and production halts. This echoes British colonial policies that crippled India’s textile industry. Britain imposed steep tariffs and restrictions. This favored British manufacturers. India’s textile industry faced decline. The current tariffs raise concerns about India’s export competitiveness.

Skechers Inc has posted a record Q2 2025 sales of $2.44 billion, up 13.1 per cent YoY, with wholesale up 15 per cent and DTC up 11 per cent.
H1 sales rose 10 per cent to $4.85 billion, driven by strong international growth, notably 29.4 per cent in EMEA.
While profits grew, higher costs narrowed margins.
The company aims to sustain growth through innovation and global expansion.

H&M India has opened its first store in Faridabad at Pacific Mall, its 66th in the country, offering men’s, women’s, and kids’ collections.
Spanning 1,289 square metres, the store features a ’90s-inspired collection and the Garment Collect recycling initiative, reinforcing H&M’s growth and sustainability focus in India.

BlueStone Jewellery and Lifestyle is set to launch its IPO on August 11, aiming to raise Rs 1,541 crore through a fresh issue and offer for sale. The IPO, priced between Rs 492 and Rs 517 per share, will close on August 13.