Apparel Retailers: The fashion retail segment has been struggling with a demand slowdown since January this year due to inflationary headwinds. The overall growth slowed down to 6% in both March and April, according to the RAI, indicating the slowest sales expansion in more than 14 months and increasing marginally to 9% in August and September.
The fashion retail segment has been struggling with a demand slowdown since January this year due to inflationary headwinds. The overall growth slowed down to 6% in both March and April, according to the RAI, indicating the slowest sales expansion in more than 14 months and increasing marginally to 9% in August and September.