Brands
Threading the Bloom Fabindia brings Chikankari into full spring swing
MUMBAI: Spring has never looked so soulful. Fabindia’s latest offering, The Song of Spring, gently unfurls a tapestry of tradition and technology, paying tribute to the age-old art of Chikankari embroidery with a modern twist and a dash of AI.
Rooted in India’s rich textile legacy, Chikankari has long been enchanted with its whisper-light stitches and poetic precision. In this collection, Fabindia reimagines the heritage craft using AI-generated floral visuals, creating a campaign that bridges the traditional with the contemporary. The result? A collection that feels as fresh as a spring breeze, but with roots deep in culture.
“The Song of Spring is more than a campaign; it is a tribute to the hands that sustain India’s textile traditions. By honouring its floral essence and displaying its intricate threadwork, we wanted to express the finery of Chikankari beyond the garment and celebrate its inspiration. Including AI crafted floral elements in the campaign visuals that accentuate the craft has brought a fresh perspective to the craft”, says a Fabindia spokesperson.
From dreamy dupattas to floating kurtas and artfully embroidered tunics, the collection showcases Chikankari at its most elegant. Crafted from airy cottons and fine silks, each piece features signature stitches like Bakhiya, which gives an illusion of shadows, Phanda, known for floral knots, and Jaali, which mimics Mughal latticework. It’s this layered delicacy over 32 types of stitches in some cases that gives each garment its own narrative.
Embracing soft pastels, earthy tones, and gentle florals, the colour palette of the collection enhances the embroidery’s subtle brilliance. Every garment comes adorned with a Craftmark Tag, a confirmation of authenticity and handcrafted integrity.
With The Song of Spring, Fabindia doesn’t just showcase clothing it tells a story in thread, blending centuries of tradition with today’s design language. It’s a sartorial serenade to spring, one stitch at a time.
Brands
Kwality Wall’s reports standalone losses following strategic HUL demerger
Ice cream major faces Rs 64 crore Ebitda loss amid commodity inflation and muted Q3 sales
MUMBAI: Kwality Wall’s (India) Limited (KWIL) has released its first set of financial results as a standalone entity, revealing a challenging start to its independent journey. Following its successful demerger from Hindustan Unilever Limited (HUL) on 1st December 2025 and its subsequent listing on 16th February 2026, the company is navigating a transition period marked by structural changes and high input costs.
For the quarter ended 31st December 2025, the company reported revenue of Rs 222 crores. Despite the revenue base, the bottom line was impacted by several factors, resulting in an Ebitda loss of Rs 64.2 crores. When calculated on a Pre-IND AS 116 basis, the Ebitda loss stood at Rs 83.8 crores.
Organic Sales Growth (OSG) declined by 6.5 per cent year-on-year during the quarter. Volume growth, however, saw a marginal increase of 1.2 per cent. The company reported a gross margin of 41.5 per cent. Additionally, exceptional expenses amounting to Rs 94 crores were recorded, primarily linked to non-recurring costs during the transition phase.
Performance across portfolios and channels was mixed. Within the impulse portfolio, brands such as Magnum and Cornetto recorded mid-single digit volume growth, indicating steady demand in on-the-go consumption. However, the in-home portfolio, which includes take-home packs, experienced muted consumption. The company is planning a relaunch of this category with improved offerings ahead of the 2026 season.
Quick commerce (Q-Com) continued to emerge as a strong growth driver, delivering robust double-digit growth during the quarter. Meanwhile, the company also expanded its physical distribution network by increasing the number of company-owned cabinets across markets.
Margin pressure during the quarter was driven by a combination of one-off factors and broader cost inflation. Gross margins were impacted by around 600 basis points due to trade investments made for stock liquidation. Additionally, cocoa price inflation contributed to another 400 basis points of pressure on margins.
Deputy managing director Chitrank Goel attributed the muted performance partly to prolonged monsoons and transitional challenges linked to the GST framework. Operating expenses also increased as the company invested in establishing its standalone supply chain, operational systems and corporate infrastructure following the demerger.
Looking ahead, the management remains focused on a volume-driven growth strategy. To restore profitability, the company has initiated a cost productivity programme aimed at reducing non-consumer-facing costs. It is also working on building regional manufacturing networks to optimise logistics expenses and improve operational efficiency.
The commodity outlook for the near term remains mixed. Dairy prices are expected to remain firm due to tight supply conditions and rising fodder costs. Sugar prices may also move higher following increases in the Minimum Selling Price (MSP). While cocoa prices have moderated recently, currency depreciation has offset some of the potential cost relief for the company.
