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Nykaa fashion arm sashays again—spotlight on the stride
October 08, 2025
|Mint Mumbai
The fashion business of FSN E-Commerce Ventures Ltd (Nykaa) is showing signs of revival after several quarters of modest performance.
The stock responded positively, hitting a new 52-week high of 265.6 on Tuesday. Fashion, once the laggard, is catching up with Nykaa’s growth engine, the beauty-and-personal-care (BPC) business. Strong traction in the core platform, driven by expanded brand mix and robust customer acquisition, has helped the segment. Net Q2 revenue for fashion is seen growing in the low 20s, compared with the recent low-to-mid teens growth.
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