Apparels

PC Jeweller shares rose sharply after Q1FY27 profit jumped 37% year-on-year and revenue grew 21%. The jewellery retailer also reported a sharp improvement in operating profitability, continued progress on debt repayment and increased FII holding. With plans to become debt-free and raise up to Rs 1,000 crore via QIP, key triggers remain.

Under Armour plans another 25 per cent SKU cut in 18 months, taking the total reduction to about 40 per cent by end-2028.
It is prioritising full-price sales, cleaner inventory and margins over top-line growth, with annual revenue guidance cut to down mid-single digit.
Analysts flag soft North America and Asia Pacific demand, Nike discounting and mid-market distribution as risks to sales recovery.

Aretto targets over 100 retail touchpoints by fiscal 2027. The Indian kids’ footwear brand is shifting to omnichannel and international markets. Physical stores reduce reliance on paid social media advertising. The company’s patented sole addresses a global kids’ footwear sizing problem. Aretto is also evaluating international markets for measured expansion.

American sportswear company Under Armour reported a 3 per cent YoY decline in Q1 FY27 revenue to $1.1 billion, as weaker North American and Asian demand weighed on sales.
The gross margin expanded 590 bps to 54.1 per cent, while net income stood at $1 million.
The company lowered its FY27 revenue outlook to a mid-single-digit decline amid softer demand globally.

Government collected Rs 10,463 crore in customs duty on precious metal imports. Gold imports generated Rs 10,040 crore, while silver and platinum added Rs 423 crore. Import duties on gold and silver were raised to fifteen percent in May. This move aimed to curb discretionary imports and conserve foreign exchange reserves. Authorities also seized 161 kg of smuggled gold and made arrests.

Bangladesh’s garment exporters face tougher labour and traceability requirements in the EU and US, with compliance increasingly affecting market access, shipment clearance and buyer decisions.
Smaller factories could face greater risks from limited compliance capacity, while stronger labour and safety systems may help exporters secure stable buyer relationships and improve competitiveness.

“We traditionally sold categories like shirts, T-shirts and jeans. This customer is looking for looks. They want to mix and match and create their own personality,” Anand Aiyer, Business Head, Peter England, told ETRetail.

Apparel companies are offering repair services and sewing workshops to attract young consumers. These initiatives aim to reduce textile waste and extend garment lifespans. Brands like Levi’s and Uniqlo are teaching customers basic mending skills. This trend reflects a growing consumer interest in sustainability and saving money.

LML Brand Holdings operates through a licensing-led model under which it focuses on brand stewardship, while its operating partners handle product development, manufacturing, distribution, sales and market expansion. The company said the acquisition will allow it to leverage the existing consumer recognition and brand equity of Asmi and Sangini while developing their presence for newer consumer segments.

Bluestone plans to more than double its store count to over 700 by FY30. The jewellery retailer aims for Rs 12,000 crore revenue by FY30. This expansion includes a dedicated focus on men’s jewellery offerings. The company is accelerating retail growth after strong Q1FY26 performance. Bluestone’s strategy leverages design and accessible price points for customer acquisition.