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Branded apparel sales up 5-10% in April-June qtr on aspirational demand

Unbranded wear lags despite low price point; industry calls for standardisation, as has been achieved in auto sector

Apparel industry
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Dilip Kumar Jha Mumbai
Branded apparel sales boosted to report 5-10 per cent growth in the April–June quarter as manufacturers advanced “end-of-season” said by two weeks.

Unlike previous years when branded apparel makers began annual “end-of-season” sale by June end, this year the seasonal practice started mid-June. So, this periodic sale volume would reflect in the quarterly performance for the April–June quarter.

Topics : Apparel