Recently Released Market Study: Apparel Specialist Retailers in India
The exponential increase in the costs of elementary inputs such as cotton and fuel caused apparel manufacturers - and in turn, retailers - to elevate unit prices even before additional duties were added by the union budget of 2011-2012. The new budget introduced a 10% excise duty on branded apparel in March 2011. These factors caused most retailers to raise unit prices, with certain economy brands being highly pressed in terms of profit margin. As such, the forecast period may...
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