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		<title>Foreign fashion labels fade, functional clothing the fad</title>
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					<description><![CDATA[<p>Sagar Malviya, ET Bureau Mumbai, 15 January 2026 It’s mostly a tale of two halves for top western fashion labels in India after the runaway sales and retail expansion in the years soon after the pandemic. While Marks &#38; Spencer, Benetton, and Adidas are battling waning demand, Uniqlo and Nike are gaining fresh ground, reflecting [&#8230;]</p>
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