Organised sector brick and mortar apparel retailers to post 7-8% revenue growth this fiscal: Crisil – ET Retail
Organised sector brick and mortar apparel retailers are expected to post 7-8% revenue growth this fiscal, buoyed by festival and marriage season demand, and despite inflation impacting discretionary spending in the first quarter. Continued store expansion, including to Tier II and III cities, will also help growth this fiscal and over the medium term.Despite the…