Australia’s CPI rose 0.9 per cent in March 2025 quarter, keeping annual inflation steady at 2.4 per cent.
Monthly CPI also rose 2.4 per cent in March.
Clothing and footwear inflation eased to 0.7 per cent, while garment prices fell 1.4 per cent year-on-year.
The trimmed mean remained at 2.7 per cent.
Annual goods inflation increased to 1.3 per cent, up from 0.8 per cent in the previous quarter.Read More

OJ Holding Sweden AB has acquired Filippa K from Novax.
The brand, known for its minimalist Scandinavian fashion, will operate independently alongside Oscar Jacobson.
The acquisition aligns with Oscar Jacobson’s strategy for selective growth.
Both brands aim to explore synergies, with Filippa K set to continue its journey toward profitability.Read More

Shoppers Stop has reported GAAP sales of ₹4,436 crore (~$532 million) in FY25, up 5 per cent YoY, with a 2 per cent dip in EBITDA and a sharp PAT fall.
Non-GAAP sales rose 4 per cent to ₹5,427 crore (~$650.5 million).
The company saw modest growth and strong margin expansion in Q4.
Premium brands drove 65 per cent of sales.
It remains focused on premiumisation, digital engagement and store expansion.Read More

Honeywell has reported sales of $9.8 billion in Q1 2025, a growth of 8 per cent YoY, led by strong performance in defence, space, and building solutions.
The operating income rose 6 per cent and segment profit 8 per cent to $2.3 billion.
EPS was flat at $2.22; adjusted EPS rose 7 per cent to $2.51.
For FY25, Honeywell expects up to $40.5 billion in sales and up to $10.50 in adjusted EPS.Read More

Saks Fifth Avenue and Amazon Fashion have launched ‘Saks on Amazon’, a curated storefront in Amazon’s Luxury Stores.
It offers top brands like Balmain, Stella McCartney and La Prairie across fashion and beauty.
The experience features digital window displays and a whimsical campaign, combining Saks’ luxury expertise with Amazon’s ease and speed to enhance discovery and access.Read More

A majority of Americans are concerned about the economy under Trump, with many disapproving of his handling of trade and tariffs, as per a recent report.
While most expect higher consumer prices, views on tariffs’ impact on jobs and manufacturing are mixed.
Economic concerns—especially about groceries, recession, and major purchases—are widespread but more pronounced among Democrats and independents.Read More

Geopolitical risks and trade tensions are a challenge to India’s FY26 growth, potentially disrupting supply chains and raising prices, the Finance Ministry said.
The perception of prolonged uncertainty could lead private firms to delay investment plans, it noted.
It urged such firms and policymakers to be alert to the growing risks and ‘act urgently’ to prevent uncertainty from feeding on itself.Read More

India’s man-made yarn markets saw subdued demand, with polyester spun yarn prices easing slightly in Surat.
Polyester-cotton yarn attracted some buying, but prices stayed flat.
Viscose yarn remained steady despite cheaper Chinese imports.
Cotton prices in north India dropped after recent gains, as demand slowed.
Limited cotton arrivals were reported across Punjab, Haryana and Rajasthan.Read More

Prada Group has reported revenues of €1,341 million (~$1.43 billion) in Q1 FY25, up 13 per cent YoY, driven by resilient Prada performance and a 60 per cent surge in Miu Miu.
Retail sales rose 13 per cent, with strong growth across Europe, Japan, and the Middle East.
Key brand and store expansions supported performance.
Leadership highlighted the need for focus on brand strength and sustainable growth.Read More