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Global fashion...
September 05, 2025
|Financial Express Lucknow
"RETAIL WORKS ON wafer-thin margins, and overheads like rents are extremely high," said the chief executive of a foreign garment brand operating here.
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"Growth that we were expecting earlier won't come now." The official added, "This is not a luxury.
"The ₹2,500 price point is basic now." The higher taxes are also a double whammy for domestic garment makers whose thriving US exports business is also reeling from US President Donald Trump's tariffs of 50%.
هذه القصة من طبعة September 05, 2025 من Financial Express Lucknow.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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