Crisil Ratings projects 12-13 per cent revenue growth for organised apparel retail in India this fiscal, down from about 15 per cent last year.
Value fashion and tier-II, tier-III expansion are driving volumes, but rising cotton and operating costs may pull margins to 14 per cent.
Festive demand, store productivity and responsive sourcing will shape full-year performance and supplier planning.Crisil Ratings projects 12-13 per cent revenue growth for organised apparel retail in India this fiscal, down from about 15 per cent last year.
Value fashion and tier-II, tier-III expansion are driving volumes, but rising cotton and operating costs may pull margins to 14 per cent.
Festive demand, store productivity and responsive sourcing will shape full-year performance and supplier planning.
