Apparels

Virgio is set on achieving a revenue milestone of Rs 100 crore by the close of this fiscal year, showcasing a remarkable growth leap of 315 percent between FY24 and FY25. Their EBITDA has soared by nearly 70 percent, signaling strong operational improvements. To fortify its market presence, Virgio plans to unveil 14 brick-and-mortar locations.

Imagine Marketing Limited, the driving force behind boAt, has announced a remarkable turnaround with a net profit exceeding Rs 60 crore for FY25, bouncing back from a Rs 79.7 crore loss during FY24. The company’s consolidated revenue soared to Rs 3,097.8 crore, solidifying its third-place global position in the personal audio market.

Fashion’s environmental impact statistics are overstated and misleading.
The circular economy only shifts value, not creating new wealth.
Apparel waste is huge, but far less than claimed figures.
There is a need for evidence-based debate, balanced fibre assessments, and real accountability.
Real change needs regulation and sustainability-linked executive incentives.

Kalyan Jewellers shares: The stock dropped despite a strong Q2 FY26 performance. The company’s consolidated revenue rose about 30% YoY, driven by festive buying and strong market traction. India operations grew 31% YoY, supported by robust wedding demand and early festive sales, including Navratri. Same-store sales increased roughly 16%, reflecting steady underlying demand.

Ivana Jewels, a lab-grown diamond brand, appointed Mouni Roy as its brand ambassador and launched its first TV commercial, signaling a major national expansion. The company plans 150 stores by March 2030 and aims for Rs 60 crore revenue by FY26, focusing on accessible, sustainable luxury for modern consumers.

Sri Lanka’s garment exports rose 7.4 per cent to $3.31 billion in January–August 2025, according to the Central Bank.
Textile exports slipped 3 per cent, while other manufactured textile articles grew 11.6 per cent.
Combined textile and garment exports made up 51.21 per cent of industrial exports.
Imports of clothing surged 33.8 per cent, signalling revived domestic retail demand after 2023’s slowdown.

Eyewear retailer Lenskart has received Sebi approval for its IPO, targeting a mid-November listing. The company aims to raise Rs 2,150 crore in fresh capital, with the total IPO size expected to be Rs 7,500-8,000 crore. Lenskart turned profitable in fiscal 2025, posting a net profit of Rs 297 crore, and will use proceeds for store expansion and acquisitions.

Gold sales volume dropped by a quarter this Dussehra to 18 tonnes due to sharply higher prices, despite a 30-35% increase in sales value. Consumers are increasingly exchanging old gold, which now accounts for over half of sales, and buying gold coins or bars as investments, anticipating further price stability.

Jordan Brand has opened its first US World of Flight store in Philadelphia, its sixth global flagship and a hub for basketball culture.
The location offers premium collections, exclusive drops, and community events in a historic Beaux Arts building.
The opening highlights the brand’s deep ties to the city, partnering with local athletes, creators, and youth initiatives.

Nike Inc has reported revenue of $11.7 billion in Q1 FY26, up 1 per cent YoY, though currency-neutral revenue slipped 1 per cent.
Nike Brand rose 2 per cent, while direct fell 4 per cent and wholesale gained 7 per cent.
Converse dropped 27 per cent.
Net income fell 31 per cent to $727 million, with EPS down 30 per cent.
Margins weakened amid tariffs and discounts.