Apparels

Zara India posts weakest sales growth in FY25 amid rising market competition; net profit up 23%

Inditex Trent, the Tata-Inditex joint venture operating Zara in India, recorded its slowest sales growth in FY25, with revenue rising just 0.4% to ₹2,782 crore—its weakest performance since launch, excluding the pandemic year. Net profit rose 23% to ₹299 crore. The slowdown comes amid stiff competition and inflation-driven cuts in discretionary spending.

Zara India posts weakest sales growth in FY25 amid rising market competition; net profit up 23% Read More »

US’ Carter’s highlights sustainability, community impact in new report

Carter’s 2024 Raise the Future report highlights progress in sustainability and social impact.
About 99 per cent of products meet OEKO-TEX standards, over 60 per cent of packaging uses recycled content, and $35 million has been invested in community support since 2021.
The company relaunched its Kidcycle takeback programme and earned recognition on TIME’s World’s Most Sustainable Companies list.

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US brand Hanes partners with S&S activewear for printwear channel

S&S Activewear will become the exclusive distributor of Hanes in the North American printwear channel by end-2025, marking a major expansion of their long-term partnership.
The deal ensures deeper inventories, faster deliveries, and exclusive access to Hanes products through S&S.
It follows S&S’s integration with alphabroder, reinforcing its position as a leading distributor.

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US garment spending dips, imports rise amid tariff uncertainty

US garment spending fell 0.7 per cent in April despite a 4.6 per cent annual rise, while cotton-dominant apparel imports rose 13.4 per cent year-over-year.
Garment CPI declined slightly, and import costs remained stable.
Tariff uncertainty looms as courts challenge the President’s authority under IEEPA.
Job growth slowed to 139,000 in May, with unemployment steady at 4.2 per cent.

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UK’s Farfetch launches luxury offering on Coupang’s R.LUX platform

Farfetch has launched on Coupang’s R.LUX app, expanding its reach in South Korea’s top 10 global luxury market.
The move gives partner brands and boutiques immediate access to millions of local consumers.
Categories include womenswear, menswear, shoes, bags, watches, and fine jewellery from global labels like Dolce&Gabbana and Ferragamo, plus emerging designers.

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Titan’s IRTH ramps up digital ambitions, targets nearly half of revenue from online sales

Titan Company Limited’s new bags brand, IRTH, aims to significantly boost its online revenue from 10% to 40% by fiscal year-end, leveraging an exclusive partnership with Myntra and its own website. The brand plans aggressive expansion, including franchising, with a target of 100 stores by FY28, focusing on key cities and both mall and high street locations.

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Dick’s teams up with Fanatics Fest NYC as official retail partner

Dick’s Sporting Goods joins Fanatics Fest NYC 2025 (June 20–22) as Official Sporting Goods Retail Partner and Presenting Partner of the Kids Zone.
Highlights include athlete meet-and-greets, giveaways, batting and golf challenges, and live content with IShowSpeed.
In partnership with Nike, kids can enjoy open play and training sessions with pro athlete appearances.

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South Africa’s TFG posts strong FY25, plans 100+ new stores in FY26

TFG’s FY25 revenue rose 4.1 per cent to R62.6 billion (~$3.51 billion), driven by strong H2 and UK’s White Stuff acquisition.
Gross profit rose 6.7 per cent, EPS grew 4.9 per cent, and a 15 per cent higher dividend was declared.
TFG Africa led with 9.9 per cent early FY26 sales growth.
UK shows signs of recovery; Australia remains pressured.
Over 100 new stores and digital investments are planned.

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