Apparel Retail news and archive

Is the end-of-season sale optimism, short-lived?

Apparel retailers are breathing a sigh of relief with their piled up inventories getting cleared due to a positive end-of-season sale. Though the actual profit figures is yet to be out since the sale season is still on, retailers are happy with the footfall they are receiving compared to the last season. For instance, DLF Brands, that markets...

Apparel

Apparel retail sales expected to decline further

Though apparel retailers witnessed positive bounce back in sales due to heavy and prolonged discount season, the industry is not expecting a thrilling season ahead owing to the slow economy, high inflation, low demand and excise duty and high raw material costs. People only made purchases after waiting for the sale season to kick start and have...