GST reforms: Clothing, footwear priced under Rs 2,500 up for grabs

Value retail players like Zudio and Reliance Trends anticipate a festive season boost as apparel and footwear priced up to Rs 2,500 move to the 5% GST slab, benefiting lower and mid-income shoppers. This change is expected to drive sales across both offline and online channels, with e-tailers like Flipkart timing their festive sales accordingly.