Not buying shoes? Bata India MD Gunjan Shah says inflation has hit lower-price segment customers – ET Retail
Bata India Footwear maker Bata India said consumers have either curbed spending at the lower end or the pace of upgradation has dwindled in the economy segment, triggering the company to bring more affordable products even as premiumisation trend continues. Gunjan Shah, MD and CEO, Bata India Limited said consumer in the lower price segment…