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Apparel retail recovery in FY22 on back of consumer confidence, store expansion: Ind-Ra

Apparel retail sector's recovery is expected to continue in FY22, on back of improving consumer confidence, resumption of store expansion by organised players and prospects of the vaccine rollout, said India Ratings and Research (Ind-Ra)."Although the pressure on discretionary spending, possibility of a...

Apparel in recovery mode but prices to remain soft in 2nd half of current FY

The apparel prices are likely to remain soft in the second half of 2020-21 even as the segment is in a recovery mode, according to a report.The apparel segment Wholesale Price Index recovered to pre-COVID-19 levels in November 2020, led by the festive and marriage season demand, India Ratings...

Festive season demand helps lift textile prices: Ind-Ra Report

Healthy festive and export demand lifted the prices of textile products in November 2020, said India Ratings and Research (Ind-Ra). According to Ind-Ra, cotton prices inched up by 2-4 per cent on a month-on-month (MoM) basis and were even higher...
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Cooler major Novamax Appliances eyes Rs 250 cr for FY 2025, eyes more categories

Looking ahead, Novamax aims to expand its product offerings into broader cooling solutions like air conditioners and refrigerators.New Delhi:...
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