June 2025 – Page 102 – The Secret Butterfly

China injects more liquidity via $139-bn outright reverse repo ops

Posted by The Secret Butterfly | June 7, 2025 | Fashion News, Indian Fashion | 0 |

China’s central bank recently conducted a 1-trillion-yuan (~$139 billion) outright reverse repo operation to maintain ample liquidity in the banking system. The operation will carry a three-month tenor and was conducted using a...

US’ G-III Apparel holds FY26 sales forecast, posts higher Q1 earnings

Posted by The Secret Butterfly | June 7, 2025 | Fashion News, Indian Fashion | 0 |

G-III Apparel Group has reaffirmed its FY26 net sales outlook at $3.14 billion but withdrawn earnings guidance due to tariff-related uncertainty, which may add $135 million in costs. Q1 FY26 sales dipped 4 per cent, but net...