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US’ Ralph Lauren’s Q2 earnings exceed projections; raises FY25 outlook

Ralph Lauren Corporation reported Q2 FY25 earnings per diluted share of $2.31, up 5 per cent YoY on a reported basis, and $2.54 adjusted, a 21 per cent increase. Net revenue rose 6 per cent to $1.7 billion, while gross profit reached $1.2 billion with a margin of 67.0 per cent. Regional revenues grew, driven by strong results in Asia, Europe, and North America.




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US’ Capri Holdings’ Q2 FY25 revenue drops 16.4% to $1.08 billion

Capri Holdings has reported Q2 FY25 revenue of $1.08 billion, a 16.4 per cent YoY decline. Gross profit reached $694 million with a margin of 64.3 per cent. Versace, Jimmy Choo, and Michael Kors saw mixed results, with sales declines for Versace and Kors but slight growth for Jimmy Choo. Net income was $24 million, down from $90 million YoY.




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Canada Goose Q2 shows steady progress despite challenging environment

Canada Goose has reported a 5 per cent YoY revenue drop to CAD $267.8 million (~$192.43 million) in Q2 FY25. Direct-to-consumer revenue declined 5 per cent, and wholesale revenue decreased 15 per cent due to planned inventory adjustments. Gross margin fell to 61.3 per cent. Revised FY25 guidance forecasts a slight revenue change, with adjusted EBIT margin at -60 to +60 basis points.




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67% see vivid prospects in Indian fashion in 2025: McKinsey-BoF report

Leading global fashion brands are looking to Asian markets beyond China, with 67 per cent of respondent fashion executives citing promising growth prospects in India in 2025, The State of Fashion 2025 report says. Japan’s luxury boom will likely continue into 2025. But next year will be turbulent for global fashion and a deep sense of uncertainty persists amongst fashion industry executives.




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US’ Wolverine World Wide’s revenue falls 16.6% to $440.2 mn in Q3

Wolverine World Wide has reported Q3 revenue of $440.2 million, down 16.6 per cent YoY, with gross margin up 450 basis points to 45.3 per cent. Net debt fell to $563 million. For FY2024, the company projects revenue of $1.730-$1.745 billion, with a gross margin of 44.5 per cent and adjusted EPS between $0.80 and $0.90. Inventory is expected to decline by $85 million.




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Cambodia’s apparel exports to Europe hit $2.29 bn, 30% of total

Cambodia’s apparel exports reached $2,285 million in the first three quarters of 2024, representing 30.19 per cent of total exports. Europe, the second-largest market, saw a decline compared to $2.82 billion in the same period in 2023. North America was the top market with 42.18 per cent. Total apparel exports were $11.26 billion in 2023, with Europe’s share fluctuating over recent years.




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Mixed trends in north Indian cotton yarn market, prices drop in Delhi

Cotton yarn prices in north India showed mixed trends due to sluggish demand. Prices in Delhi fell by ₹2 per kg, while Ludhiana remained stable amid slow trading. Panipat saw stable recycled yarn prices but a slight increase in recycled polyester fibre costs due to higher PET bottle prices. Cotton arrivals were slow as farmers prioritised paddy sales, limiting price surges.




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Australia's apparel imports rise, fibre exports decline in Jul-Sept 24

Australia's apparel and clothing imports rose 3.43 per cent YoY to $3.368 billion in July-September 2024, despite a slight drop in September. Imports of textile yarn and related articles also increased by 4.11 per cent, while fibre imports fell 6.06 per cent. Exports of textile fibres saw a 7.69 per cent decline, continuing a downward trend from the previous fiscal year.




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US' textiles & apparel imports ease 0.8% in Jan-Sept 2024

US textile and apparel imports fell by 0.80 per cent to $80.449 billion from January to September 2024, compared to $81.094 billion in 2023. Apparel imports dropped by 2.57 per cent, while non-apparel imports rose by 4.55 per cent. China remained the top supplier, despite a 2.28 per cent decrease. Growth was seen in imports from Cambodia, Pakistan, India, and Vietnam.




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US textile & apparel import volume up 8.7%, export volume down 3%

US saw an 8.79 per cent increase in textile and apparel imports from January to September 2024, totalling 76,860.803 million SME compared to 70,652.999 million SME in 2023, according to OTEXA. Apparel imports rose by 2.57 per cent, while non-apparel imports increased by 11.05 per cent. Cotton product imports grew by 6.03 per cent and MMF products by 9.17 per cent.




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Navigating AI Regulation: Balancing Innovation and Protection

In this article, we will learn how to navigate the fine balance building AI regulation while simultaneously fostering innovation.




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5 No-Cost Learning Resources for LLM Agents

Curious about LLM agents? Here’s a list of free courses, guides, and blogs that make it easy to start learning and stay updated.




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How to Implement a Basic Reranking System in RAG

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How to Become a Software Engineer (Without a Degree)

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Role of Collagen in Anti-Aging Skin Care

It is the most abundant protein in the body! The collagen is found in the dermis layer of the skin which is the second layer of the skin and is responsible for the plumpness, strength and hydration of the skin. It is a group of proteins in fact which provides the tensile strength to the skin. It is said that collagen in the skin is more strong than steel.




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Rivian shares surge on $5.8 billion Volkswagen investment in JV




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The Magic Number: Decoding Fidelity's 45% Retirement Strategy




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AbbVie's Schizophrenia Failure Disappoints But Analysts Show Confidence In Immunology Portfolio




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Why Were Dividend King Stocks Coca-Cola, PepsiCo, and Procter & Gamble Falling After the Election?




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1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined by 2030, According to a Wall Street Analyst




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These Stocks Are Moving the Most Today: Tesla, Rivian, Spirit Airlines, Spotify, Cava, Rocket Lab, and More




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1 Key Reason Palantir Stock Has the Potential to Be the "Next Nvidia Stock"




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Should You Buy Nvidia Stock Before Nov. 20? History Says This Will Happen.




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Buffett’s Berkshire Is Being Packaged Into a Leveraged ETF




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Inside VW and Rivian’s $5.8 Billion Bet to Rescue Each Other




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Market has 'room to run' but that doesn’t mean buy more stocks: Bridgewater co-CIO




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3 Growth Stocks Wall Street Might Be Sleeping On, But I'm Not




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These Unstoppable Dividend Stocks Treat Their Investors Like Royalty




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11 stocks that are soaring after Trump's election win — and why they're up




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Rivian Jumps On Expanded Volkswagen Joint Venture; VW EVs As Early As 2027




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Super Micro Needs a New Auditor by This Weekend. Its Options Are Limited.




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US Supreme Court to hear Nvidia bid to avoid securities fraud suit




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Tesla’s meme-like stock surge leaves Wall Street feeling wary




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Are You On Track To Retire Rich? Here's The Nest Egg You Need To Be Considered a Wealthy Retiree




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Spirit Nearing Bankruptcy That Would Wipe Out Shareholders




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Trump Reportedly Urges Russian President To Deescalate War With Ukraine: Here's How Crude Oil WTI Futures Are Reacting




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Rest of World’s Markets Broken By Trump’s America-First Plan




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Futures slip as markets await inflation data for clues on Fed's rate path




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Warren Buffett Owns 1 Vanguard Index Fund That Could Soar by 150%, According to a Top Wall Street Analyst




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Billionaires Warren Buffett, Israel Englander, and Steven Cohen Are Piling Into Wall Street's Most-Popular Reverse Stock Split of 2024




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Palantir Stock vs. Super Micro Stock: Billionaire Israel Englander Buys 1 and Sells the Other.




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Thinking About Leaving The U.S. After Trump's Win? Here Are The Top Expat Destinations




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Warren Buffett's Favorite Energy Stock Delivers Earnings Beat; Cuts Debt




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The International Drive Resort Area Offers Year-Round, Championship Golf in a Vacation Paradise

The I-Drive area is known for its world famous attractions, non-stop entertainment, great dining and shopping and it is home to the second largest convention center in the U.S. And Orlandos tourist corridor also provides a golf mecca known for its championship courses designed by legends to provide play year-round in this vacation destination.




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Families Make Unforgettable Vacation Memories...Endless Family Fun in the I-Drive Resort Area

Family fun is what it is all about in the International Drive Resort Area! And there is always something new for families to explore.




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Shopping Addictions Satisfied Here!!! International Drive Resort Area Offers Orlando Visitors Endless Shopping for Hot Bargains!

As one of the top five most popular shopping destinations in the U.S., Orlando is a shoppers paradise. And the I-Drive area is well-known for its designer outlets and great bargains.




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Weddings - Say I do and Celebrate the Wedding of Your Dreams in the International Drive Resort Area

Orlando is one of the worlds most popular wedding and honeymoon destinations. Situated in the center of all of the magic, it is no wonder that the International Drive Resort Area provides destination wedding locations that range from tropical to romantic to themed for an unforgettable day for the couple as well as the guests.




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From the Worlds Largest to the Worlds Best, the I-Drive Resort Area Offers Endless Dining Adventures!

Dining is just one more adventure for visitors to the International Drive Resort Area! With a surprisingly diverse array of epicurean delights, culinary choices include American, Brazilian, Caribbean, Chinese, Greek, Ethiopian, Irish, Italian, Japanese, Mediterranean, Mexican, Italian and Thai.




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Pet-Friendly - International Drive Resort Area Has Gone to the Dogs!

If you cant leave home without your four-legged family member, there are lots of choices in the International Drive Resort Area that will cater to your pet while you visit!