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Shoppers Stop Q2 Results: Profit plunges 83% YoY on weak demand – ET Retail

adminOctober 19, 202303 mins

India‘s Shoppers Stop on Wednesday posted a 83.2% fall in second quarter profit as the department store was hit by rising expenses and weaker demand, with customers delaying purchases of clothes and cosmetics due to a late festive season. The festive season in India – which started in September last year – brings in the…

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