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Multiple price hikes could impact demand of footwear companies, say experts

The increase in product prices are on account of higher input costs, GST hike

Topics
price hike | Footwear | Footwear manufacturers

Ram Prasad Sahu  |  Mumbai 



Shoes, footwear

From the start of May to their 52-week highs in November, listed majors such as Bata India (Bata) and Relaxo Footwears (Relaxo) have outperformed the BSE 500 gaining 40-66 per cent during this period. The unlock process led to a rise in discretionary spends helping the reach sales close to the pre-pandemic levels.

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First Published: Fri, December 03 2021. 19:33 IST

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