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CMAI Apparel Index dips to 1.87 points in Q2, GST affects sentiment

Q2 is the first quarter post-GST. And much like other sectors, apparel brands and retailers too were busy putting GST processes in place and sales suffered a big blow. July was the first month when the industry emerged after clearing pre-GST inventories. Interestingly, GST augured well for organized players, as bigger brands and organized...

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