Fashion
India’s Page Industries sees steady Q2 growth despite soft margins
In the first half (H1) of fiscal 2026 (FY26), the company’s performance was stronger. Revenue grew 3.3 per cent to ₹26,704 million, and sales volumes increased 2.23 per cent to 115.2 million pieces. EBITDA rose 9.4 per cent to ₹5,742 million, and PAT expanded 9.7 per cent to ₹3,956 million, reflecting healthier profitability.
Page Industries has posted modest Q2 FY26 growth, with revenue up 3.6 per cent to ₹12,909 million (~$145.5 million) and sales volumes rising 2.5 per cent, though EBITDA and PAT saw slight declines.
H1 performance was stronger, with revenue up 3.3 per cent and healthier margins.
The company expects consumption to improve with GST 2.0, lower lending rates, and e-commerce growth.
The company noted that expected improvements in consumption—driven by GST 2.0, lower lending rates, rapid e-commerce expansion, and strengthening quick-commerce channels in metros and other cities—are likely to support future growth. The company added that it maintains a leading position in modern retail, and early consumer response to its new bonded-tech product line has been promising, Page Industries said in a press release.
“Our continued focus on operational efficiency and cost optimisation measures while investing in product innovation and distribution expansion has contributed to strong operating margins. While revenue growth was moderate this quarter, we are well positioned to capitalise on the improvement in demand in the coming months,” said VS Ganesh, managing director, Page Industries Limited.
Fibre2Fashion News Desk (SG)
Published
January 11, 2026
Actress Millie Bobby Brown has launched Mills by Millie Bobby Brown, a new fashion brand for teens and young women created exclusively for Walmart in collaboration with Delta Galil USA.
Serving as founder and creative guide, Bobby Brown drew inspiration from her own early experiences with fashion, positioning the brand as exciting, attainable, and inclusive.
“Mills is all about embracing those earlier moments of fashion exploration. I want everyone to feel comfortable and free to find what style makes them feel like the best version of themselves,” said Bobby Brown.
“This collection is made for the fashion curious girl to play in, experiment with, and make their own with a fun selection of colorways, graphics and special details. It was very important to me for this brand to be accessible to millions through our collaboration with Walmart!”
The debut collection spans ready-to-wear, sleepwear and intimates, featuring flirty cuts and playful, cheeky details. Feminine touches such as floral appliqués, embroidery and lace finishes are woven throughout the assortment, while practical design elements, including built-in shorts and bras, prioritize comfort and ease.
The assortment includes dresses, skirts, tops, denim, sleepwear, bralettes, briefs and coordinated intimates sets. Pricing is positioned to be highly accessible, starting at $10.50 for intimates and reaching $26.50 for wide-leg jeans.
“Walmart is on a journey to democratize fashion and Mills by Millie Bobby Brown delivers on the trend-right style and aesthetic our customers are looking for at the incredible prices that Walmart is known for,” said Ryan Waymire, senior vice president fashion, Walmart U.S.
“Mills by Millie Bobby Brown is an exciting new brand that stands for style and quality and offers tremendous value that only Walmart can. We are excited for the launch, and we know that our customers are going to love it.”
Mills by Millie Bobby Brown is Bobby Brown’s latest brand expansion following the success of Florence by Mills Beauty, Florence by Mills Coffee, Florence by Mills Pets and Florence by Mills Fashion.
It is available now on Walmart.com and in approximately 750 Walmart stores nationwide. The partnership was facilitated by Bobby Brown’s licensing agency, IMG Licensing.
Copyright © 2026 FashionNetwork.com All rights reserved.
Cotton yarn prices increased by ****;*–* per kg in most of varieties and counts as demand improved in the last couple of days. A trader from Tiruppur market told Fibre*Fashion, “Cotton yarn demand improved as rising prices of cotton encouraged buying. More buyers are interested in building up stock as they expect prices to rise in the near future.” Traders showed brave face against proposed US tariff bill. They said that Indian businesses and industries need to learn floating without America. However, textile and apparel industry may see severe impact if higher tariffs materialise.
In Tiruppur, knitting cotton yarn prices were noted as: ** count combed cotton yarn at ****;***–*** (~$*.**–*.**) per kg (excluding GST), ** count combed cotton yarn at ****;***–*** (~$*.**–*.**) per kg, ** count combed cotton yarn at ****;***–*** (~$*.**–*.**) per kg, ** count carded cotton yarn at ****;***–*** (~$*.**–*.**) per kg, ** count carded cotton yarn at ****;***–*** (~$*.**–*.**) per kg and ** count carded cotton yarn at ****;***–*** (~$*.**–*.**) per kg.
The operation was carried out with a fixed quantity through interest-rate bidding, with winning bids determined at multiple price levels and a maturity period of three months, according to a state-controlled news outlet.
As 1.1-trillion yuan of three-month outright reverse repos are set to mature in January, the latest move represents a rollover of the same amount.
The People’s Bank of China conducted a 1.1-trillion-yuan (~$157 billion) outright reverse repo operation yesterday to maintain sufficient liquidity in the banking system.
The operation was carried out with a fixed quantity through interest-rate bidding, with winning bids determined at multiple price levels and a maturity period of three months.
Outright reverse repo operations were introduced in October 2024 to manage liquidity in the national banking system and are carried out each month with a tenor of no more than a year.
Fibre2Fashion News Desk (DS)
Millie Bobby Brown launches teen fashion brand with Walmart
Trump orders plan for military action on Greenland
Budget 2026: CII pitches demand-led disinvestment plan; proposes four-step privatisation roadmap – The Times of India
-
Sports6 days agoVAR review: Why was Wirtz onside in Premier League, offside in Europe?
-
Entertainment4 days agoDoes new US food pyramid put too much steak on your plate?
-
Politics3 days agoUK says provided assistance in US-led tanker seizure
-
Entertainment3 days agoWhy did Nick Reiner’s lawyer Alan Jackson withdraw from case?
-
Sports6 days agoSteelers escape Ravens’ late push, win AFC North title
-
Politics6 days agoChina’s birth-rate push sputters as couples stay child-free
-
Entertainment6 days agoMinnesota Governor Tim Walz to drop out of 2026 race, official confirmation expected soon
-
Sports6 days agoFACI invites applications for 2026 chess development project | The Express Tribune