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Indian minister Piyush Goyal launches TIA Portal for data-driven trade
India’s Commerce and Industry Minister Piyush Goyal has launched the Trade Intelligence & Analytics (TIA) Portal to provide transparent, integrated trade data for businesses, especially MSMEs.
The portal offers 270+ visualisations across 28+ dashboards, automates analytics, tracks global and bilateral trends, supports evidence-based policymaking, and replaces older trade platforms.
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UK headline inflation may gradually align with eurozone levels, ending the unusual divergence that has persisted through 2025, according to Fitch Ratings. The easing of both headline and core inflation underpins the agency’s view that the Bank of England (BoE) will cut rates once more by year-end, followed by a further 50 basis points of easing in 2026.
UK headline CPI climbed by 1.3 percentage points (pp) this year to 3.8 per cent in September, while eurozone HICP has held near 2 per cent. Fitch attributes around half of this gap to energy costs.
UK electricity and gas inflation is currently above 9 per cent year on year (YoY), up sharply from minus 6.8 per cent in December 2024, largely due to Ofgem’s price-cap adjustments tied to wholesale gas prices. The divergence is expected to narrow as the October UK price-cap increase was limited to 2 per cent, compared with a 9.5 per cent rise in October 2024, Fitch said in a release.
“The combination of stubbornly high wage growth, alongside rising consumer inflation expectations, has left the Bank of England searching for the ECB’s ‘good place’. But we think that the weakening in the UK labour market means that wages and price inflation are now firmly on the way back down. We are sticking to our forecast for Bank Rate to fall to 3.75 per cent by year-end and to 3.25 per cent by end-2026,” said Jessica Hinds, director at Fitch Ratings.
UK headline inflation is expected to move closer to eurozone levels, with easing price pressures supporting Fitch Ratings’ view of one more BoE rate cut this year and further easing in 2026.
The CPI’s rise to 3.8 per cent and high energy inflation explain much of the gap.
Fitch says a softening labour market will pull wages and inflation lower, enabling rates to fall to 3.25 per cent by end of 2026.
Fibre2Fashion News Desk (HU)
Published
November 20, 2025
The Beauty Tech Group, the beauty device specialist that recently listed on the London Stock Exchange, said the year so far has seen trading ahead of expectations.
The Current Body maker’s financial year matches the calendar year so it still has over a month to go and that’s likely to be a key period for it as its products are the kind of items that figure on festive gift wishlists.
But for now, it updated the information it shared when it announced its listing back in September and said it “continued to perform strongly through October and into November. This performance is a result of the ever-increasing awareness of the At-Home Beauty Device sector and the group’s market leading products driving strong sales growth across its core business and across all key markets”.
It now therefore “anticipates that revenue and adjusted EBITDA for the year ending 31 December 2025 will be ahead of current market expectations” of revenue at £117 million and adjusted EBITDA of £29.7 million. In fact, the first figure will be “no less than” £128 million and the second at least £32 million.
We won’t know the final figures until it produces another update in the second half of January.
But CEO Laurence Newman said: “I am pleased to report that the strong trading momentum the group experienced in Q3 has continued into Q4. There is no doubt that the successful IPO has added to the growing awareness of both The Beauty Tech Group and the At-Home Beauty Device sector in which we operate. We are excited to enter the important Black Friday and Christmas trading period in a strong financial and operational position.”
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The Misto segment generated 181 billion won in revenue, supported by Fila’s continued brand repositioning in Korea and the successful launch of the new Echappe series, which resonated strongly with Millennial and Gen Z consumers. Fila’s new brand experience centre in Biella, Italy, further enhanced global visibility. Restructuring measures in North America also helped reduce losses and strengthened overall profitability, Misto Holdings said in a press release.
Misto Holdings has reported revenue of 1,088 billion won (~$747 million) in Q3 2025, up 3.7 per cent YoY with operating profit rising 41 per cent to 132 billion won.
Fila’s repositioning and Acushnet’s 7.5 per cent revenue rise supported performance.
A 940-won dividend lifted shareholder returns to 220 billion won (~$151 million), achieving 44 per cent of the firm’s three-year target.
Acushnet delivered another robust quarter, with revenue rising 7.5 per cent YoY to 908 billion won. Misto Holdings’ board of directors approved a quarterly dividend of 940 won per share—its fourth consecutive special dividend—totalling around 50.4 billion won. This represents a 177 per cent year-on-year increase and reflects strong subsidiary performance and special dividends received from Full Prospect, its China joint venture.
The company has now achieved 44 per cent of its three-year shareholder-return target of up to 500 billion won for 2025-2027. Total returns so far amount to approximately 220 billion won (~$151 million), supported by 150 billion won in share buybacks earlier in the year and an additional 20 billion won in September.
“Despite a challenging external environment, Misto Holdings maintained stable performance in the third quarter, supported by disciplined operations and solid brand fundamentals. The fourth consecutive special dividend demonstrates our ongoing commitment to transparent, shareholder-friendly management and long-term value creation,” said Ho Yeon (Aaron) Lee, chief financial officer of Misto Holdings.
Fibre2Fashion News Desk (SG)
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