‘Retail inventory has piled up’
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Incentivise creation of jobs, MD of Clarks India urges govt.
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Incentivise creation of jobs, MD of Clarks India urges govt.
The domestic footwear industry was among the earliest to be impacted by the pandemic as the COVID-19 lockdown restricted people’s movement. It is limping back to normalcy following a shift in marketing strategy, according to
N. Mohan,
Edited excerpts from an interview:
Footwear was the among the earliest to be impacted by the pandemic. Are you back on track?
COVID-19 severely affected the retail industry, more so the footwear industry because people did not step out of their homes for a very long time. As an industry, we witnessed a sharp drop in sales throughout the period. We are confident that the business will be back to previous year levels in 2021.