Apparels

Myer has reported strong H1 FY26 results, with total sales rising 24.5 per cent to $2,279.5 million and NPAT up 21.7 per cent to $51.7 million.
Growth was supported by Apparel Brands integration and strategic investments.
Loyalty members reached 5.1 million.
Early H2 FY26 sales rose 1.7 per cent, though the company remains cautious amid macroeconomic pressures and weak discretionary demand.

KELME, a Spanish sportswear brand, has entered India. They opened a store in Noida and launched an e-commerce site. The brand offers performance-focused apparel and footwear. KELME plans to open 70 more stores in three years. They also aim to support 1,000 athletes. This move targets India’s growing activewear demand.

Footwear major Metro Brands is on a steady growth path, targeting 15 per cent CAGR. The company is expanding its store network and diversifying its brand portfolio. Metro Brands focuses on a consumer-first approach, bringing global labels to India based on demand. They are also exploring quick commerce. This strategy ensures continued expansion and profitability.

Gold and silver prices saw significant drops on India’s MCX. This decline was driven by escalating Middle East tensions and inflation fears linked to higher crude oil prices. These factors fueled expectations of increased global interest rates. Experts advise caution for traders, suggesting gradual accumulation for small investors during this market correction.

Vietnam has overtaken China as the largest supplier of jackets and blazers to the United States by 2025, despite an overall decline in imports.
Vietnam’s exports rose to $288.17 million, while China’s shipments fell sharply.
The shift highlights ongoing sourcing diversification and Vietnam’s growing strength in value-added apparel segments globally.

Ukraine’s apparel imports rose 6.39 per cent to $898.1 million in 2025, reflecting steady demand recovery.
Turkiye’s share dropped sharply, falling to 13.76 per cent from 31.26 per cent in 2023.
China remained the top supplier, while Bangladesh, Myanmar and Cambodia gained share.
Overall, sourcing is shifting towards diversified, cost-competitive Asian suppliers.

India’s platinum jewellery market is surging ahead as the fastest growing globally. Rising gold prices are pushing consumers towards platinum, which offers purity and value. Younger buyers and demand from smaller cities are fueling this trend. Platinum is becoming a strong alternative in India’s jewellery landscape.

Gold prices dropped significantly on Friday. This decline occurred as the US dollar strengthened. Concerns about rising oil prices and inflation grew following reports of additional US troops being sent to the Middle East. This situation also fueled expectations of higher interest rates. Other precious metals like silver, platinum, and palladium also saw price decreases.

Canada’s apparel imports rose 6.8 per cent to $11.64 billion in 2025, driven by higher volumes even as unit prices declined, signalling pricing pressure.
China remained the top supplier despite losing share, while Vietnam and Bangladesh gained.
The trend reflects demand recovery, supplier diversification, and intensified global sourcing competition.

PNG Jewellers achieved a significant milestone, crossing ₹10,000 crore in revenue for FY2025-26. Festive sales during Gudi Padwa saw a strong 38% year-on-year growth. Gold remained a key driver, with diamonds and silver showing exceptional performance. The company anticipates sustained momentum driven by the wedding season and market expansion.