Sense of buoyancy & optimism in apparel retail – CMAI
26 Aug '14
3 min read
Meanwhile fresh investment saw a tremendous improvement. Nearly 78 percent respondents reported an increase in investments in capacity building, expansion, technology and so on. But this could also include a part of investments made to hold piled up inventories.
There is a sense of buoyancy and optimism in the apparel retail segment, reveals the latest Apparel Index released by the Clothing Manufacturers #
Much like last quarter, mid-brands with a turnover of Rs 25-100 crores, were the biggest gainers registering the highest value growth at 3.34 points, where as giant brands, with a turnover of above Rs 300 crores had the lowest growth value of 1.33 points.