The Economic Times

Apparel retail growth to moderate to 13 pc in FY27 as consumers diversify spending: Report

India's clothing retail market is projected to achieve a growth rate of twelve to thirteen percent in the current fiscal year, a slight decrease from the fifteen percent growth seen last year. The surge in value fashion is substantially boosting revenue shares. However, increasing operational costs and cotton prices are anticipated to impact retailer profit margins. The festive season's demand will be vital for assessing the sector's overall performance.