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10 January 2022, Mumbai:
Retailers Keeping only 15 days' stock of apparel etc to reduce the impact on biz states imposed restrictions
Manufacturers of apparel and footwear said based on the experience of the past two Covid-19 waves, most retailers and distributors want to hold 15 days of inventory instead of 30 days to ensure there is no impact on their cash flow in case the business dips.
Makers of apparel say poor stocking will hit Q4 revenue.
Some dealers feel brands may have to defer price hikes.
SOURCE: ET Dt 11-02-2022
(The news article has not been edited by DFU Publications)
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