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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 / 10:39 PM IST
 
 
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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