CMAI’s Q4 Apparel Index indicates moderate growth at 3.79 points

CMAI’s Apparel Index for Q4 Jan-March FY 2015-16 indicates the industry managed to clock in moderate growth with an overall Index value of 3.79 points. Giant brands (with a turnover of above Rs 300 crores) and large brands (with a turnover of above Rs 100 to 300 crores) however, maintained their growth trajectory, even though their pace slowed down compared to previous quarters. However, they were ahead of small (with turnovers of Rs 10 to 25 crores) and mid brands (turnover of Rs 25-100 crores). Giant and large brand did better with indicators like ‘Sales Turnover’ but ‘Sell Through’ was slightly lower than previous quarter.