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Moderation in demand is where the shoe pinches for footwear majors

Notwithstanding lower growth rates recorded in the first quarter (Q1) of 2023-24 (FY24), which spanned from April to June, footwear stocks have seen some gains in the past two trading sessions. Bata India saw an increase of approximately 5 per cent, driven by positive expectations surrounding a potential tie-up in the sports/athleisure segment. This development is viewed favourably due to the segment s higher growth rates. ....

Andhra Pradesh , Relaxo Footwears , Kevin Shah , Akhil Parekh , Nirmal Bang Research , Jm Financial Research , Motilal Oswal Research , Nuvama Research , Khadim India , Bang Research , Metro Brands , Oswal Research , Centrum Broking , Business News , Usiness News India , Ndia Business News , Ndian Economy News , Ndian Financial News ,

Zudio's fashion finesse boosts Trent's growth plans

The apparel retailer has made a mark with consistent delivery on revenue growth, helped by massive store expansions. ....

Akhil Parekh , Motilal Oswal , Motilal Oswal Financial Services , Nuvama Research , View Full Image , Trent Hypermarket , Star Bazaar ,

Page Industries badly needs to script a new chapter on growth

In Q3, Page’s revenues grew by just 3% year-on-year. But in Q4, revenues have fallen by almost 13% to ₹969 crore with a 14.6% drop in volume. ....

Akhil Parekh , Varun Singh , Page Industries , Page Industries Ltd , Auto Replenishment System , Inventory Levels ,