However, it may not be the right time for every apparel retailer to expand. Mr. Ramanthan opines, “For certain players it is fine to expand, but for mass players this might not be the best of time because real estate is difficult to get and interest rates are fairly high.”
“For those companies for which it is fine to expand now and are currently expanding, the returns on the investments will be great. If they want to be acquired when someone is entering, then it is the right time to expand and do the evaluation to improve the overall effectiveness. So, in that sense it is fine for players who want to get acquired soon and want to exit,” he avers.
Fibre2fashion News Desk - India
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