Value fashion brands lead textile retail growth amid early festive spike: Report

The Value fashion players in the apparel industry outperformed the broader textile retail sector in the second quarter, supported largely by the early onset of the festive season, according to a report by Nuvama Research.

- TBG NETWORK

The report highlighted that apparel companies posted a mixed bag of results in Q2FY26, with value fashion players emerging as the strongest performers. Their growth was driven primarily by the early arrival of the festive period this year, particularly the Pujo/Durga Puja season.

It stated “Apparel companies reported mixed bag results with value fashion players outperforming the lot, driven by an early festive season this year”.

The early festival timing boosted demand across retail stores, leading to higher footfall and better conversions, especially in eastern markets where value fashion retailers have a significant presence. This contributed to