Apparels

Gold jewellers stocks saw significant gains on Monday. This rally was driven by a US-India trade deal that reduced tariffs on jewellery exports. Strong financial results from companies like Kalyan Jewellers and P N Gadgil also boosted investor confidence. Demand from the wedding season is expected to continue this positive trend into the next quarter.

Sky Gold and Diamonds Ltd announced a significant financial performance for the December quarter. The company’s consolidated profit more than doubled, reaching Rs 80.53 crore. This marks a substantial increase from Rs 36.53 crore in the same period last year. Total income also saw a considerable rise to Rs 1,775.12 crore.

India’s textile and apparel industry has welcomed the removal of the additional 25 per cent US tariff and the prospect of an 18 per cent reciprocal rate under the proposed India–US trade pact.
AEPC said the agreement will enhance market access, cut non-tariff barriers, and improve competitiveness.
The deal is expected to boost exports, generate jobs across MSMEs and support farmers.

Under Armour has posted a challenging Q3 FY26, with revenue down 5 per cent YoY to $1.33 billion amid tariff pressure and weak North America demand.
International growth partly offset declines.
Margins narrowed, resulting in losses, though liquidity stayed strong.
For FY26, revenue is seen down 4 per cent, with improving profitability supported by restructuring and cost controls.

Pearl Global Industries has posted strong Q3 FY26 results, with consolidated revenue rising 14.4 per cent to ₹1,170 crore (~$129.3 million) and PAT up 6.8 per cent.
9M revenue grew 13.2 per cent to ₹3,711 crore (~$410.5 million), supported by multi-country operations and higher value-added products.
Improved margins, rating upgrades and capacity expansion in Bangladesh strengthen its growth outlook.

Pearl Global Industries Ltd, India’s largest garment exporter, saw revenue climb over 13% for the nine months ending December 31, 2025. Overseas operations in Vietnam and Indonesia led this growth. Profitability also improved, with adjusted EBITDA rising. The company’s credit rating was upgraded. Future growth is anticipated with new trade agreements.

India’s exports to the US will see a significant boost. An interim trade agreement between India and the US will reduce import duties on several Indian goods. This move is expected to greatly benefit labour-intensive sectors like apparel, footwear, and home decor. The US has removed punitive duties, and reciprocal tariffs are set to decrease.

India and the US have agreed on an interim trade deal. This agreement grants zero-duty access for diamonds and colored gemstones to the US market. This move is expected to significantly boost India’s gem and jewellery exports. Industry leaders anticipate a revival of business and increased competitiveness. The deal also reduces tariffs on other goods, strengthening bilateral trade ties.

Titan Company anticipates a significant surge in luxury Swiss watch sales in India due to the India-EU Free Trade Agreement, which has reduced import duties. The company expects Swiss brands to become more competitive as they pass on these benefits to consumers, driving growth in the premium segment.

Bangladesh’s H1 FY26 RMG exports softened as global demand cooled, with knitwear under greater pressure than woven apparel.
Home textiles stood out, supported by niche value-added demand and Bangladesh’s price competitiveness versus higher-cost sourcing hubs.
December’s steep drop signals near-term caution despite strong full-year FY25 growth.