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Jockey India licensee posts Q2 profit fall on subdued demand

Page Industries, which licenses products of innerwear and loungewear brand Jockey International in India, reported a 7.3% fall in second-quarter profit on Thursday as inflation-hit consumers. ....

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page industries: Page Industries Q2 Results: Jockey India licensee posts profit fall on subdued demand

India s malls and high streets saw lower footfall during the quarter as rising inflation forced people to tighten their belts. Foreign brands offering steep discounts to encourage consumer spending also ate into Page s earnings. ....

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