Apparels

FILA Holdings has officially changed its name to Misto Holdings to better reflect its diverse global brand portfolio, including FILA, Titleist, and FootJoy.
The new name, meaning harmony and diversity in Italian, supports its strategic vision for growth.
With new core values and a refreshed website, Misto aims to drive innovation, synergy, and global expansion across its brands.

Paul Marchant, head of fast fashion chain Primark, has resigned after admitting to an ‘error of judgment’ in a social interaction. An investigation by Associated British Foods revealed his actions fell below the company’s standards. AB Foods will support the woman who raised the concern, with interim leadership appointed.

As the US reciprocal tariff deadline looms, gold prices on Monday hit a record high of $3,106 per ounce for the first time, with people rushing towards accumulating the safe-haven asset amid global uncertainties.

India’s apparel exports to the US may face setbacks due to a proposed reciprocal tariff regime from April.
Particularly vulnerable are baby cotton garments (HSN 611120), where India holds a 19.45 per cent US market share.
A total of 13 garment categories with double-digit US shares are at risk.
The AEPC has flagged the issue and urged strategic intervention by the Indian government.

The sports and activewear segment delivered a strong performance in 2024, with half of the eight key companies reporting growth in both sales and profits.
Notable performers included Skechers, ASICS, Adidas, and Amer Sports.
Two companies showed moderate gains, and only Columbia Sportswear and Geox posted declines in net income.
Overall, the sector demonstrated resilience and continued momentum.

H&M Group’s premium fashion brand COS is set to open its first Indian store at Nexus Select CITYWALK in October 2025. This move is part of a broader strategy to expand COS’s presence in metro cities. Nexus Select CITYWALK will also debut Gucci Beauty and Guerlain stores by FY 26.

Gold prices could potentially reach USD 3,500 per ounce in the next 18 months if non-commercial purchases increase by 10 per cent, according to a report by BofA Global Research.

ICRA expects the Indian garment industry’s revenues to grow by 12-14 per cent in FY25 and by 9-11 per cent in FY26, with increasing volumes and realisations, excluding the impact of inorganic acquisitions by certain firms.
The benefits from the China Plus One vendor strategy and improvements on the back of inventory liquidation at importers’ end will support the growth.

Gold prices in India are expected to reach between Rs 87,000 and Rs 96,000 per 10 grams in 2025 due to global economic uncertainties and US tariffs. While investment demand remains strong, high prices have impacted jewellery sales. The US Federal Reserve’s potential interest rate cuts and central bank gold reserves could further influence prices.

PC Jeweller Ltd plans to become debt-free by March next year, reducing its bank loans from Rs 4,100 crore to Rs 1,800 crore this fiscal. Improved sales and a successful fundraise have significantly contributed to this reduction. The company’s revenue and profits have shown significant growth in the first nine months of this fiscal year.