Apparels

Sosandar plc has reported £12.2 million (~$14.8 million) revenue in Q3 FY25, a 50 per cent rise from prior quarters, with gross margin improving to 64.7 per cent.
Strong sales in knitwear, denim, and partywear boosted growth.
Four active stores performed well, with increased footfall and online traffic.
The company forecasts £40.5 million revenue and £1.0 million (~$1.21 million) PBT for FY25.

On Thursday, Kalyan Jewellers’ shares fell 6.7 per cent to Rs 518.40 on the BSE, after an 8 per cent drop on Wednesday, which included hitting a 10 per cent lower circuit. This marked the ninth decline in the last 10 trading sessions, with the stock gaining only once during that period.

India’s retail market saw slower demand post-Diwali due to persistent inflation despite a festive boost, affecting retail giants like Shoppers Stop. Although premium segments showed growth, overall consumer sentiment remained subdued. Industry experts predict recovery by FY26 with improved income levels and controlled store expansions.

Organized jewellers in India are poised for significant revenue growth by FY26, driven by steady demand, strategic expansion, and market share gains. The sector is expected to capture 50% of the market by FY29, with improved credit metrics and robust growth in tier-2 and tier-3 cities.

Cambodia’s exports of garments, footwear and travel goods were worth $13.74 billion in 2024—a YoY rise of 23.78 per cent.
Its total export earnings were worth $26.19 billion last year; 52.46 per cent came from the sector.
This trend is expected to continue this year.
Export of knitted apparel articles and clothing accessories and non-knitted apparel earned $6.63 billion and $3.15 billion in 2024.

Tata Cliq has partnered with Guess to launch Guess Jeans in India. Guess Jeans will be available through Tata Cliq’s physical stores and digital platforms. This partnership aims to expand the brand’s presence in India. Tata Cliq is committed to offering an elevated brand experience. The launch of Guess Jeans marks a key milestone in Guess’s global growth strategy.

Aditya Birla Fashion and Retail Limited approved issuing shares worth about Rs 2,379 crore to promoters and qualified institutional buyers. Shares will be issued to the promoter group and QIBs, increasing Pilani Investment and Industries shareholding. The company will continue with its retail business and ethnic brands, while its lifestyle and sportswear brands will be part of ABLBL.

Shoppers Stop reported a significant 41.7% increase in consolidated net profit to Rs 52.23 crore in Q3 of FY25 compared to the previous fiscal’s similar period. The department store chain also saw its total income rise by 12.9% year-on-year to Rs 1,402 crore, while total expenses for the quarter stood at Rs 1,329.16 crore.

Shoppers Stop reported a significant 41.7% increase in consolidated net profit to Rs 52.23 crore in Q3 of FY25 compared to the previous fiscal’s similar period. The department store chain also saw its total income rise by 12.9% year-on-year to Rs 1,402 crore, while total expenses for the quarter stood at Rs 1,329.16 crore.

Retailers like Lululemon, Abercrombie & Fitch, and American Eagle saw increased holiday-quarter sales due to cost-conscious shoppers. However, heavy discounting raised concerns about their profit margins. Online spending during the holiday season exceeded initial forecasts. Companies like Macy’s struggled while others like Nordstrom benefited from discounts. Mobile shopping and AI-enabled tools helped consumers find the best deals.