Apparels

Japanese sportswear company Asics Corporation has reported record Q1 FY26 earnings, with net sales rising 29.7 per cent YoY to ¥270.2 billion (~$1.7 billion), driven by growth across categories and regions.
Operating profit grew 36.5 per cent, while SportStyle, Onitsuka Tiger, Europe, Japan, and Southeast and South Asia led gains.
Asics maintained its FY26 sales forecast at ¥950 billion (~$5.99 billion).

Canada Goose expects low-single-digit revenue growth in FY27, with adjusted EBIT margin at 11 per cent to 12 per cent.
In Q4 FY26, revenue rose 18 per cent to CA$453.3 million (~$330.91 million), supported by DTC and wholesale growth.
Full-year revenue increased 13.3 per cent to CA$1.53 billion (~$1.12 billion), though operating income declined amid higher SG&A expenses.

Vietnam’s textile and apparel sector showed modest export growth in early 2026, but stronger fabric imports, rising FDI and growing US market share signalled deeper sourcing confidence.
While overall US apparel imports declined, Vietnam continued gaining relevance as global buyers used it as a hedge against tariff uncertainty, supply-chain risk and China’s weakening position in the US market.

Wolverine Worldwide’s Q1 FY26 revenue rose 11 per cent YoY to $457.6 million, led by strong growth at Merrell and Saucony.
Gross margin stayed flat at 47.6 per cent, while operating margin improved to 7.4 per cent.
Net earnings increased to $20.2 million, and diluted EPS rose to $0.24.
The company maintained its FY26 revenue outlook of $1.96-1.98 billion.

Pearl Global Industries has reported its highest-ever FY26 revenue of ₹5,025 crore (~$523.93 million), up 11.5 per cent YoY, driven by volume growth and value-added products.
PAT rose 17 per cent to ₹270 crore (~$28.15 million), while Q4 revenue hit ₹1,314 crore (~$137 million).
The company shipped 78.1 million pieces.
Its net worth stands at ₹1,438 crore (~$149.93 million).

Jewellery stores are now major anchors in Indian malls, occupying nearly 10% of space. This trend is set to continue, reinforcing jewellery’s status as a primary anchor. Unlike online sales, jewellery purchases remain experience-led and trust-driven. This shift is reshaping mall designs and consumer engagement strategies across metro and tier-2 cities.

Bangladesh is shifting its apparel pitch from low-cost production to verifiable, traceable and compliant sourcing.
BGMEA’s AWARE, Open Supply Hub and GIZ deals strengthen DPP readiness, but energy shortages and weak ten-month exports remain major risks.
US tariff relief helps, yet fibre-origin rules and policy uncertainty complicate sourcing decisions.

The meeting took place on Wednesday, hours after the delegation led by Apparel Export Promotion Council (AEPC) Chairman A Sakthivel met Commerce and Industry Minister Piyush Goyal, Agriculture Minister Shivraj Singh Chouhan and Textiles Minister Giriraj Singh with the same demand.

Birkenstock shares dropped significantly after the company warned of increased costs. Higher U.S. tariffs and disruptions from the Middle East conflict are impacting shipments and consumer spending. Despite these challenges, Birkenstock maintains its annual sales and profit forecasts. The company is rerouting shipments to boost sales in other regions. Future cost pressures are expected to rise in the coming quarters.

Industry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investments in gold bars and coins can reduce imports by another 20% -30%. India annually imports 750-800 tonnes of gold to meet its demand. Revamping the Gold Monetisation Scheme can also help the government to tap 25,000 tonnes of grandfather stock.