Apparels

Gold prices may rise next week. Macroeconomic uncertainty and tariff disputes support investor interest. Traders will watch UK, EU, and US economic data. Federal Reserve speeches will be key. Domestic gold prices are cushioned by rupee weakness. Geopolitical uncertainty and central bank demand may keep gold prices rising. Analysts expect an upward trend for gold in the medium term.

Asian Footwears plans to invest Rs 100 crore over the next 18 months to boost manufacturing, expand retail, and ramp up marketing efforts. It is aiming to more than double its exclusive brand outlets to 100 by FY26, focusing on tier-II and tier-III cities. Expecting a 30-40 per cent growth in this fiscal, up from Rs 525 crore in revenue in FY25, it is targeting volume growth with affordable pricing.

Facing potential tariffs, some Indian textile companies like Pearl Global Industries are shifting US-bound production to countries like Vietnam, Indonesia, and Bangladesh, where tariff structures are more favorable. This strategic move aims to maintain customer relationships and profitability amidst evolving trade dynamics.

Gold prices saw a marginal rise in July, supported by inflation expectations and tariff tensions. Gold prices have jumped 26 percent so far in 2025. Global gold ETFs experienced inflows, especially in North America and Europe. In India, spot gold prices increased significantly. Buyers are now hesitant due to the unexpected price surge. Many customers are shifting to lower-carat jewellery.

Under Armour has posted a 4 per cent YoY revenue drop to $1.1 billion in Q1 FY26, with a net loss of $3 million.
North America sales fell 5 per cent, while EMEA rose 10 per cent.
Footwear revenue declined 14 per cent, but gross margin rose to 48.2 per cent.
Adjusted operating income was $24 million.
Q2 revenue is expected to fall 6–7 per cent due to tariff and supply chain headwinds.

Pearl Global Industries Ltd has reported revenues of ₹1,228 crore (~$140.07 million) in Q1 FY26, up 16.6 per cent YoY, led by strong sales in Vietnam and Indonesia.
Adjusted EBITDA rose to ₹114 crore (~$12.54 million) with a 9.3 per cent margin, while PAT grew 5.9 per cent to ₹66 crore.
PGIL is recalibrating its US strategy due to tariffs, focusing expansion on favourable markets like Vietnam and the UK.

Crocs has reported revenue of $1.15 billion in Q2 FY25, up 3.4 per cent YoY, with record gross profit and a 61.7 per cent adjusted gross margin.
Despite a $428 million operating loss due to Heydude impairments, adjusted EPS rose 5.5 per cent to $4.23.
The company expects Q3 revenue to decline by 9–11 per cent, citing global trade uncertainty and tightening consumer conditions.

HanesBrands Inc has reported better-than-expected Q2 FY25 results with net sales up 1.8 per cent YoY to $991 million and gross profit rising 38 per cent.
The operating profit soared 345 per cent to $155 million, with EPS at $0.24.
US sales declined slightly, while international sales dropped 3 per cent.
The company raised its full-year outlook and expects Q3 sales of $900 million.

RSWM Ltd has reported revenue of ₹1,169 crore (~$133.32 million) in Q1 FY26, down 3.2 per cent YoY due to weak export demand, but swung to a net profit of ₹7 crore (~$797,870) from a loss of ₹13.7 crore ($1.56 million).
EBITDA rose 50.6 per cent YoY to ₹81 crore (~$9.23 million), with margin improvements.
CMD Riju Jhunjhunwala highlighted growth focus and trade pacts as key drivers ahead.

Page Industries has reported a 21.5 per cent YoY PAT growth to ₹2,008 million (~$22.89 million) in Q1 FY26, with EBITDA up 21.1 per cent to ₹2,947 million (~$33.61 million) and revenue rising 3.1 per cent to ₹13,166 million (~$150.17 million).
Sales volume grew 1.9 per cent to 58.6 million pieces.
The company remains optimistic on demand recovery.