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)
Fashion
Harris & Menuk to bring Fuze’s antimicrobial tech to South Asia
Harris & Menuk Chemicals Pvt. Ltd., a trusted leader in textile chemical innovation, today announced a strategic partnership with Fuze Technologies, a U.S.-based pioneer in sustainable surface technologies. Through this collaboration, Harris & Menuk will serve as the exclusive partner for FUZE across India, Sri Lanka, and Bangladesh, bringing a revolutionary antimicrobial solution to the South Asian textile industry.
Harris & Menuk Chemicals has partnered with US-based Fuze Technologies to bring FUZE, a chemical-free, metal-free permanent antimicrobial solution, to India, Sri Lanka and Bangladesh.
FUZE offers sustainable, non-toxic odour control for diverse textile segments without affecting fabric feel, supporting circular and high-performance textiles.
FUZE: Chemical-Free, Sustainable Permanent Antimicrobial for a Circular Future
FUZE is a patented, non-toxic, non-leaching, and chemical-free antimicrobial and anti-odor technology that has earned approvals from leading global authorities, including the U.S. Environmental Protection Agency (EPA), U.S. Food and Drug Administration (FDA), and California Proposition 65.
Backed by more than 52 international patents, FUZE is recognized as one of the most advanced and sustainable antimicrobial technologies available today. Unlike conventional antimicrobial finishes that rely on heavy metals or harsh chemicals, FUZE is entirely metal-free and made from naturally occurring, recycled elements. FUZE is a certified bluesign Partner, and this makes it perfectly aligned with the growing global demand for recyclable, circular, and environmentally responsible textiles.
Versatile Applications with Proven Results
FUZE can be applied to textiles through spray, coating, padding, or exhaust methods, making it highly adaptable for various market segments, including:
- Medical Textiles
- Athleisure & Sportswear
- Innerwear & Intimates
- Uniforms & Workwear
- Home Textiles & Hospitality
The treatment enhances odor control, cooling sensation, quick-dry functionality, and UV protection, all without affecting the touch, breathability, or visual appeal of the fabric.
Backed by Science. Supported by Expertise.
With a deep technical foundation and decades of market experience, Harris & Menuk is ideally positioned to introduce FUZE across South Asia. The company will provide comprehensive commercial and technical support, helping mills and brands seamlessly integrate FUZE into their operations while meeting evolving sustainability and performance standards.
“Our partnership with Fuze Technologies underscores our long-standing commitment to performance-driven, sustainable innovation,” said Ineeyan Ariyaratnam, CEO of Harris & Menuk. “FUZE embodies our vision of Conscious Chemistry – delivering protection, comfort, and circularity without compromise.”
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (HU)
Fashion
Vietnam attracts FDI worth over $31.5 bn in Jan-Oct 2025; up 15.6% YoY
Several new and expanded FDI projects were licensed in October.
Vietnam attracted FDI worth over $31.5 billion in the first ten months this year—up by 15.6 per cent YoY.
Disbursed capital also reached a five-year high of $21.3 billion during the period—an increase of 8.8 per cent YoY.
Over the period, investment in manufacturing and processing reached $18.2 billion, accounting for more than 57.8 per cent of the total registered capital and rising by 6.8 per cent YoY.
Disbursed capital also reached a five-year high of $21.3 billion during the period—an increase of 8.8 per cent YoY.
The figures were recently revealed by Minister of Finance Nguyen Van Thang at the 2025 Vietnam Business Forum (VBF).
Manufacturing and processing continued to attract the most FDI. Over the 10 months, investment in this sector reached $18.2 billion, accounting for more than 57.8 per cent of the total registered capital and increasing by 6.8 per cent YoY, according to domestic media outlets.
Alongside quantity, the quality of FDI has also been improving as more projects in electronics, artificial intelligence and semiconductor flow into Vietnam.
The country’s Foreign Investment Agency assessed that though global FDI flows are adjusting, Vietnam still stands to gain from regional production shifts, particularly in key sectors like renewable energy.
Fibre2Fashion News Desk (DS)
Fashion
Ross Stores lifts annual profit forecast on strong demand for discount goods
By
Reuters
Published
November 21, 2025
Ross Stores raised its annual profit forecast on Thursday, betting on resilient demand for its discounted apparel and accessories ahead of the holiday season amid looming macroeconomic uncertainties.
Shares of the company, which also beat estimates for third-quarter sales, were up about 3% in after-market trading.
Off-price retailers such as Ross Stores have been attracting budget-conscious customers as shoppers increasingly seek branded goods at lower prices due to persistent inflation and volatile trade policy.
“Core value shopper remained resilient despite lapsed SNAP benefits and broader tariff uncertainty weighing on household budgets,” said eMarketer analyst Suzy Davidkhanian.
Rival TJX also raised its annual profit target on Wednesday, helped by strong demand for discounted apparel and home furnishings.
Ross Stores expects annual earnings per share in the range of $6.38 to $6.46, compared to its previous expectations of between $6.08 and $6.21.
Its third-quarter sales of $5.6 billion beat estimates of $5.42 billion, according to data compiled by LSEG.
Comparable sales rose 7% in the quarter.
The company expects fourth-quarter profit of $1.77 to $1.85 per share, compared to its previous estimates of between $1.74 and $1.81. It also expects the holiday quarter same-store sales to rise 3% to 4%, up from its previous 2% to 3% growth forecast.
“Holiday gifting may still skew toward essentials for this shopper, but the quarter underscores that the lower-income consumer is holding up better than many feared,” Davidkhanian added.
© Thomson Reuters 2025 All rights reserved.
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