Price hikes to hurt apparel retailers' volumes in Apr-June
Price hikes to negate higher raw material prices and excise duty on apparels is likely to boost revenues of retailers for April-June. Further, a consumer shift to low price private label products—known as down-trading—because of inflation, will benefit companies like Pantaloon Retail.
July 08, 2011 / 22:39 IST
Nachiket Kelkar
Moneycontrol.com
Price hikes to negate higher raw material prices and excise duty on apparels is likely to boost revenues of retailers for April-June. Further, a consumer shift to low price private label products
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