08 November 2025, Mumbai 

Parent company of the popular fashion and beauty retailer Nykaa, FSN E-Commerce Ventures reported robust financial results in Q2, FY26 that ended in September 2025.

MUCH MORE

The company posted a net profit of Rs 34.4 crore, marking a staggering 244 per cent Y-o-Y increase from the Rs 10 crore recorded in the same period last year.

The company’s revenue from operations increased by 25.1 per cent Y-o-Y to Rs 2,346 crore from Rs 1,875 crore in the prior year's second quarter.

Fashion Guru

This strong performance was fueled by momentum in the beauty segment and a noticeable revival in the fashion business.

Profitability also strengthened, with Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) rising 53 per cent to Rs 158.5 crore. Consequently, the EBITDA margin expanded to 6.7 per cent from 5.5 per cent a year ago.

Read our latest issue

Nykaa’s consolidated Gross Merchandise Value (GMV) hit Rs 4,744 crore for the quarter, a 30 per cent Y-o-Y jump. Gross profit grew by 28 per cent to Rs 1,054 crore, achieving the company's highest gross margin in the last 12 quarters and marking the twelfth consecutive quarter of mid-20s percentage revenue growth.

Nykaa expanded its retail footprint significantly, adding 19 new stores across nine new cities and reaching a total of 265 beauty stores across 90 cities.

Visit for more

The cumulative beauty customer base grew 31 per cent Y-o-Y to approximately 40 million.

The in-house lingerie brand, Nykd, achieved an annualized GMV run rate of Rs 175 crore, growing approximately 30 per cent Y-o-Y.

Nykaa Fashion showed a strong recovery from the previous quarter, delivering 37 per cent Y-o-Y GMV growth to Rs 1,180 crore.

SUSTAINABILITY

The unit’s financial health improved dramatically, with the EBITDA margin (as a percentage of Net Sales Value) moving from a negative 9% in Q2 FY2025 to a much-improved negative 3.5 per cent in Q2 FY2026, signaling progress toward its breakeven goal.

PORTFOLIO

Customer traction remained high, with monthly active unique visitors and orders both increasing by 30 per cent or more.

Overall, Nykaa demonstrated strengthened profitability supported by an increased share of House of Nykaa brands and enhanced scale efficiencies.

LATEST FASHION NEWS

07 November 2025, Mumbai 

Fabindia is strengthening its presence across India, with a notable emphasis on Tier-II and Tier-III markets. These smaller cities are showing growing demand for authentic, purpose-led lifestyle brands.

MUCH MORE

Sumit Arora, President –Apparel, Fabindia, shares, the brand is reaching consumers - who value culture, quality, and conscious consumption - through a balanced mix of company-owned stores and a strengthened franchise model. Internationally, Fabindia continues to explore markets with an affinity for Indian craftsmanship while also prioritizing digital expansion to ensure accessibility beyond physical retail.

Read our latest issue

For decades, Fabindia has led the ethnic wear market, relying on its elegant styles, quality, and commitment to sustainability. In a market crowded with competitors, the brand maintains its top-player position by successfully evolving from fashion into holistic categories like home, wellness, and personal care.

Arora emphasizes that the brand is winning over all generations, from Boomers to Gen Z, by doubling down on innovation, rich storytelling, and omnichannel expansion.

Fashion Guru

Fabindia's success in staying ahead relies on its authenticity and legacy of craftsmanship. The brand stays rooted in genuine craft and long-standing partnerships with artisan communities across India, Arora states, contrasting their approach with trend-driven labels.

Their products are made in their ‘purest form,’ using decades-old traditional techniques.

Visit for more

The brand boasts an extensive retail footprint with over 350 stores in India, complemented by an international presence in select locations like Dubai, Italy, Singapore, and Mauritius. Online, Fabindia is available across major platforms, including Myntra, Amazon, and even quick commerce apps like Zepto and Instamart.

Fabindia's production ecosystem supports India’s artisan communities, prioritizing natural fibers, ethically sourced materials, and environmentally friendly processes.

SUSTAINABILITY

By promoting slow production, ensuring fair wages, and fostering a circular approach, Fabindia creates products that are socially and environmentally responsible, offering a diverse range of categories rooted in Indian craftsmanship and natural living.

LATEST FASHION NEWS

08 November 2025, Mumbai 

Entrepreneur and creative visionary Isha Jain officially launched her new brand, A29 Wellbeing, in Mumbai. Held on November 6, 2025, the event attracted a celebrity crowd of leading names from the worlds of fitness, fashion, and entertainment, including Suniel Shetty, Sonu Sood, Krishna Shroff, Arjan Bajwa, Madhur Bhandarkar, Gulshan Grover, and Shriya Saran, among others.

MUCH MORE

At its core, A29 Wellbeing represents a new era in modern wellness. It seamlessly blends premium activewear, holistic practices, and community-driven experiences into a comprehensive lifestyle movement.

The brand's initial collection introduces high-performance activewear for both men and women. The pieces are crafted with breathable, dynamic fabrics engineered to support comfort and movement throughout the day.

Fashion Guru

The range includes essentials like t-shirts, sports bras, leggings, shorts, joggers, and hooded vests, all designed to embody confidence, functionality, and effortless style.

The apparel line is complemented by a curated selection of accessories such as caps, bags, bottles, and yoga mats, which combine innovative utility with minimal design, making A29 a complete wellness companion for everyday life.

Read our latest issue

Currently, the full product range is available exclusively online at A29wellbeing.com, ensuring easy access for wellness enthusiasts across India.

A29 is founded on the belief that wellbeing is a lifestyle, not a luxury. The brand aims to move beyond simple fitness by creating a culture where design meets discipline and self-care meets simplicity.

Visit for more

While activewear marks the initial step, A29’s long-term vision is expansive, extending to the creation of gyms, recovery centers, and wellness spas, alongside expert-led programs focused on nutrition and mental wellbeing.

This ambitious plan aims to build a truly holistic ecosystem of health, movement, and mindfulness.

LATEST FASHION NEWS

08 November 2025, Mumbai 

In Mumbai’s growing luxury corridor, alliances are no longer confined to boardrooms. When the Birla family, Kumar Mangalam Birla, Neerja Birla, Ananya Birla, and Aryaman Birla collaborated with the 130-year-old French maison Galeries Lafayette, it marked more than a social event.

MUCH MORE

It was a statement of intent: that India’s luxury economy has matured from aspiration to experience. The private soirée hosted in Mumbai was less of a party and more of a strategic showcase, a carefully choreographed convergence of art, fashion, and affluence.

It reflected how India’s new generation of business dynasties is repositioning cultural capital as economic leverage in the global luxury narrative.

Fashion Guru

The experience economy comes to life

In keeping with Galeries Lafayette’s legacy of turning retail into theatre, the event unfolded as a floor-by-floor experiential journey, each level translating a commercial category into a story.

Lower Ground Floor, La Beauté: Beauty as a prelude

Guests entered through an immersive beauty lounge where perfume, skincare, and music merged. The soft resonance of a live cello underscored the subtle message: luxury begins with mood, not merchandise.

 Join our group

Ground Floor, La Coupole: Indulgence and inventory

Here, commerce glittered openly. Over 800 designer bags were displayed as if on a trading floor of aspiration. Champagne flutes and miniature desserts added an atmosphere of Parisian indulgence, signaling Galeries Lafayette’s retail philosophy that shopping is performance art.

SUSTAINABILITY

First Floor, L’Atelier: Creativity as capital

This level blurred the line between atelier and art gallery. Sketches, canvases, and couture pieces stood as metaphors for design-led innovation a subtle nod to the future of fashion as intellectual property, not just product.

Second Floor, L’Édition Femme: The power of the female consumer

Amid champagne and violin notes, over 250 dresses and accessories spoke to the changing center of gravity in luxury consumption, women driving purchasing decisions through discretionary income and lifestyle influence.

DFU Profile

Third Floor, ’Édition Homme: The tailored revival

A saxophone and whiskey bar set the tone for the men’s section, where sharp tailoring and subdued confidence symbolized how India’s male consumers are evolving from conspicuous spenders to refined investors in personal aesthetics.

Translating Paris to Mumbai

The décor across all levels was not simply aesthetic, it was brand architecture. Each floor recreated a microcosm of Galeries Lafayette’s Parisian identity, while adapting its energy to Mumbai’s youthful luxury consumers. From ornate salons evoking Paris’s Rue de la Paix to contemporary spaces mirroring the optimism of Bandra and Worli, the venue reflected how luxury brands are localizing emotion. This blend of familiarity and aspiration has become the defining strategy for foreign maisons entering India’s Rs 6,000-crore luxury retail market.

The rooftop crescendo

The evening culminated at the Turner Terrace rooftop, where a cross-cultural symphony unfolded a business metaphor in itself. Performers like Victor Espinola (harpist), Purbayan Chatterjee (sitar maestro), Suyaka Kurokichi (Japanese violinist), Satyajit Talwalkar (percussionist), and Shikhar Naad (drummer) delivered a live collaboration that fused East and West echoing the very hybrid identity Galeries Lafayette and the Birlas are scripting for Indian luxury. In a sense, the music mirrored the market: diverse, improvisational, and increasingly global.

Who attends matters

The guest list read like a who’s who of India’s creative economy. Anil Kapoor, Juhi Chawla, Aditi Rao Hydari, Arjun Kapoor, Tamannaah Bhatia, Angad Bedi, Neha Dhupia, Armaan Malik, Anuv Jain, Shankar Mahadevan, Tarun Tahiliani, and Ahaan Shetty were among those present. Their attendance underscored a key insight that luxury visibility today depends on cultural influence as much as on financial capital. For Galeries Lafayette, this was brand introduction through India’s soft power. For the Birlas, it was an evolution of image from industrial to lifestyle leadership.

DFU Profile

Behind the elegance lay a deeper strategic narrative. Galeries Lafayette’s collaboration with the Birlas signals its serious intent to anchor in India’s retail ecosystem, particularly after its announcement of flagship stores in Mumbai and Delhi. For the Birlas, whose retail arm Aditya Birla Fashion and Retail (ABFRL) already represents global names like Ralph Lauren, Ted Baker, and The Collective, the partnership aligns with a broader pivot towards luxury and experiential retail.

The soirée thus doubled as a symbolic merger of markets French heritage meeting Indian growth. As India’s luxury consumption grows at nearly 10 per cent annually, such alliances suggest that global brands now view India not just as an emerging market, but as an emerging mindset.

Beyond fashion, a cultural investment

At its core, the Birla-Galeries Lafayette soirée wasn’t just a brand, activation; it was a blueprint for how India’s new luxury playbook is being written through storytelling, emotion, and curation. It blurred boundaries between art and commerce, transforming a retail showcase into a dialogue between two civilisations one known for its craftsmanship, the other for its cultural ambition. If Paris invented the department store, Mumbai is reinventing its meaning.

LATEST FASHION NEWS

07 November 2025, Mumbai 

India's leading footwear retailer, Metro Brands has launched MetroActiv, a dynamic, multi-brand retail destination marking its most ambitious entry yet into the dedicated athletic footwear category.

MUCH MORE

Following the successful introduction of global brands like Foot Locker, Fila, and New Era, Metro Brands is now expanding its portfolio into the core sports performance segment.

MetroActiv is designed to inspire India to get active and represents the next evolution in how the country experiences sportswear through accessibility, expertise, and community.

Join our group

Built on Metro Brands’ retail excellence, MetroActiv aims to make premium, multi-branded athletic sportswear more accessible nationwide.

The new concept blends a diversified product assortment with expert guidance and a connected fitness community.

Visit for more

Each store functions as an experiential hub, offering footwear, apparel, and accessories from top global performance brands such as Nike, adidas, Puma, Asics, Skechers, and New Balance, catering to running, training, lifestyle, and outdoor performance needs.

The initial rollout phase will debut physical stores in Indore, Dehradun, and Jodhpur, complemented by the launch of the e-commerce platform metroactiv.com.

SUSTAINABILITY

Ranging from 3,000 to 6,000 sq ft, these stores are designed as vibrant, high-energy arenas. The e-commerce platform enhances this experience with integrated wellness tools like a Calorie Counter, Nutrition Tracker, and BMI Calculator, creating a seamless, connected ecosystem for consumers.

A core differentiator is the highly trained team of ‘Pacers’- performance advisors who provide authentic fitness expertise and product guidance in every store.

Fashion Guru

Community engagement extends beyond shopping through collaborations with local running clubs and fitness groups, hosting city 5K runs and in-store activations.

Nissan Joseph, CEO of Metro Brands, states, MetroActiv represents the natural evolution of our commitment to innovation.

Read our latest issue

India is at an inflection point where fitness, fashion, and functionality converge, and MetroActiv is designed to champion this shift.” With this launch, Metro Brands aims to become the most trusted name in athletic sportswear retail, reinforcing its commitment to leadership in the footwear and athleisure segment.

LATEST FASHION NEWS

08 November 2025, Mumbai 

To celebrate its 100th anniversary, Raymond has released a stunning musical tribute film created entirely using generative AI.

MUCH MORE

The 3.5-minute film leverages technology and narrative to offer a modern take on storytelling for heritage brands, featuring AI-generated models with remarkably realistic human personas.

The ambitious project kicked off on August 16, 2025, when the creative agency Marketing Mojito was tasked with transforming Raymond’s vision into an AI-driven cinematic tribute.

Fashion Guru

Every component of the film - from the initial scripting and storyboarding to generating the final frames, characters, and environments - was created from the ground up using artificial intelligence.

The team worked almost non-stop for 15 days, overcoming significant technical challenges like server crashes and rendering errors to deliver a compelling piece that captured Raymond’s century-long spirit of innovation just in time for the milestone event.

Read our latest issue

This centenary tribute not only honors Raymond’s extensive legacy but also signals its embrace of the future, highlighting the convergence of creativity and technology.

While the brand actively uses AI to craft new stories, its foundation remains firmly rooted in the craftsmanship and values built over its hundred-year history.

Visit for more

Rohit Khanna, Head of Corporate Communications, Raymond Group, emphasizes on the vision, saying, the brand aims to create more than a tribute - a living bridge between a century of legacy and the limitless future ahead.

By harnessing AI, it united heritage and innovation into one evocative story.

SUSTAINABILITY

Delivering a project of this scale in just weeks stands as a testament to their team’s agility and to what becomes possible when human creativity and intelligent technology work as one.

Rahul Arora, CEO, Marketing Mojito, adds, tis project proves that AI doesn’t replace human creativity; it amplifies it. The firm aimed to fuse technology with emotion, and the Raymond tribute was the perfect canvas.

PORTFOLIO

It sets a new benchmark for how legacy brands can use innovation to tell timeless stories.

As AI continues to reshape the marketing landscape, projects like this demonstrate how brand storytelling is evolving beyond simple communication into immersive, human-like engagement.

DFU Profile

For Raymond, using AI to celebrate its centenary was a deliberate choice reflecting the strong emotional bond the brand has forged with generations of consumers, employees, and partners.

LATEST FASHION NEWS

November 2025, Mumbai 

Sustainable fashion-tech brand Virgio announced it would mark its second anniversary with the organization of the 'Eco-nic Fair '25' Anti-Sale.

MUCH MORE

Running from November 7-9, 2025, the eve t will entirely eliminate all mark-ups and margins, selling every garment at its exact cost to manufacture, resulting in savings of up to 70 per cent off across all categories.

Positioned as a direct ‘thank you’ to its community for supporting its mission, this three-day event demonstrates an unparalleled commitment to fair pricing and conscious commerce.

Read our latest issue

Building on its existing commitment to publish a cost breakdown for every product, the Eco-nic Fair '25 initiative means the brand will shoulder the cost of commerce, allowing customers to pay only the manufacturing price.

Amar Nagaram, Co-founder states, over the past two years, Virgio has proved that sustainable fashion can be both scalable and trend-forward.

Fashion Guru

The brand’s achievements included the successful debut of the curvy sub-brand Beyond the Curve (BTC), co-created with actor Anjali Anand, as well as significant global expansion and new physical stores across five Indian cities.

Expanding beyond clothing, Virgio also launched Amodira, a distinct fragrance line inspired by Indian culture.

SUSTAINABILITY

Most notably, Virgio served as the Sustainable Fashion Partner for IIFA 2025, where it focused the IIFA Green Carpet event on eco-friendly craftsmanship and successfully elevated the conversation that glamour and environmental responsibility can go hand in hand.

Visit for more

As it steps into its third year, Virgio remains grounded in its defining principles: fashion with integrity, inclusivity by design, and transparency at every step, confirming that its anniversary is not just a celebration of the past but a reaffirmation of a future where style and substance walk together. 

LATEST FASHION NEWS

07 November 2025, Mumbai 

Kewal Kiran Clothing Limited (KKCL), the four-decade-old lifestyle powerhouse, has just delivered its best-ever quarterly performance, reporting Rs 354.1 crore revenues for Q2 FY26 and surpassing margin guidance with a 20 per cent EBIDTA margin. While the financial figures underscore operational discipline, the company’s recent success is rooted in a forward-looking strategy that moves beyond its traditional menswear dominance: a dynamic multi-brand architecture, aggressive asset-light retail expansion, and a steadfast focus on profitable growth.

MUCH MORE

The winning strategy

KKCL’s strength lies in its fully integrated operations from designing and manufacturing to branding and retailing which ensures strong control over product quality and cost factors. Their current growth is being driven by a clear brand segregation and strategic diversification:

Table: The flagship & power brands

Source: Compiled from Kewal Kiran Clothing Limited (KKCL) Q2 FY26 Press Release, KKCL Annual Reports, Credit Rating Agency Reports, and Management Earnings Call Transcripts.

The diversification drive, targeting women and kids

To overcome revenue concentration challenges (historically relying heavily on Killer), KKCL has entered the fast-growing women's and kidswear segments:

Fashion Guru

Kraus (women’s denim): In June 2024, KKCL acquired a 50 per cent stake in Kraus Casuals. This move provided an immediate and strong entry into the women's denim wear segment. In just nine months post-acquisition (9MFY25), Kraus recorded revenues of Rs 162 crore, indicating strong consumer traction and serving as a major growth engine for diversification.

Junior Killer (kidswear): Targeting the young boys' segment, this brand ensures KKCL connects with consumers early and secures loyalty for future growth cycles.

The retail revolution

The core of KKCL's ‘Vision 2028’ is an aggressive retail infrastructure scale-up, moving away from a traditional Multi-Brand Outlet (MBO) reliance to a direct-to-consumer focus through Exclusive Brand Outlets (EBOs). Hemant Jain, Joint Managing Director, affirmed this commitment stating, "The strong performance of our existing EBOs has instilled confidence in this strategy, and we believe that further expansion will continue to yield positive results."

Table: Retail initiatives

Navigating challenges with profits

KKCL's integrated model is a direct response to historical industry challenges, demonstrating a commitment to ‘Stability, Sustainability, and Scalability’ over reckless growth. Meanwhile the Indian apparel market has seen an onslaught of international brands, private labels, and the rise of e-commerce, creating fierce pricing pressure. To face this realty unlike some competitors who chase market share via deep discounting, KKCL's management has maintained a policy of ‘profit-led growth’. The company has been able to sustain strong EBIDTA margins (consistently in the 18-20 per cent range) by leveraging four in-house manufacturing units (ISO certified) to control the entire value chain, reducing external reliance, and improving cost efficiency. And driving higher realizations through a stronger focus on full-price sales and a premium denim product mix.

The COVID-19 crisis and inventory shocks

The pandemic necessitated a temporary shift to a 'just-in-time' inventory model, impacting FY24 revenue growth. A foundational management principle has been to avoid high-risk leveraged growth and focus on building strong cash reserves. This foresight and fortitude allowed the company to weather the crisis with minimal long-term impact and quickly accelerate its retail expansion post-pandemic (adding 131 EBOs between FY21-23), positioning it perfectly for the subsequent consumer recovery. As Kewalchand P Jain, Chairman and Managing Director says, "Our foresight and fortitude are enabling our brand equity to outshine in these tough times. We have been aggressively investing to build strong product brands... but have always avoided high-risk leveraged growth."

The strong Q2 performance contributed to outstanding half-yearly growth, reaffirming the success of KKCL's strategic execution.

Table: KKCL’s financial overview

Particulars (Rs cr) H1 FY26 H1 FY25 Y-O-Y growth Revenue from Operations 587.8 459.5 27.90% Gross Profit (GP) 247.8 197.5 25.50% EBIDTA 112.5 91.5 23.00% EBIDTA Margin (%) 19.10% 19.90% -

Thus KKCL’s story is a compelling blueprint for how a legacy Indian fashion house is adapting to a globalized, fast-fashion landscape. Its combination of a disciplined financial framework and agile retail expansion, backed by the strategic acquisition of Kraus, positions it for transformative growth. With the macro environment showing signs of sustained recovery and discretionary spending on the rise, KKCL is progressing toward its Vision 2028 roadmap, a target of Rs 1,500 crore in revenue, driven by continued product innovation, premiumization, and deeper retail expansion. As Managing Director Hemant Jain sums up, "We remain committed to driving profitable brand-led growth while delivering superior shareholder returns over the long term."

LATEST FASHION NEWS