The impact of the slowdown has not been felt in the fashion segment, according to Vasanth Kumar, MD, Lifestyle International Pvt. Ltd.
He was confident that sales will be back on track, from the slight slowdown the segment has been experiencing currently, during the festive season.
Mr. Kumar said the slippage in growth rate — from double-digit to single digit over the last two years — was mainly due to the expansion of mall space over the last four years.
Diese Geschichte stammt aus der September 04, 2019-Ausgabe von The Hindu Delhi.
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Diese Geschichte stammt aus der September 04, 2019-Ausgabe von The Hindu Delhi.
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