Interim Budget: In her presentation on February 1, FM Nirmala Sitharaman highlighted a 50 percent increase in the average real income of the people, coupled with moderated inflation.
Tata Trent’s Zudio, Reliance Retail s Yousta, Aditya Birla Fashion’ Style-Up, and Shoppers Stop s InTune are seeking dominance in the value apparel segment.
Analysts said companies may implement price hikes as a strategy to navigate the uncertainty around sugar prices. Another approach would be to optimise sugar usage or procure it at lower prices from overseas.