Demand Slump News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Apparel retailers are facing challenges with unsold inventory, resulting in write-offs and impacting margins. They are reducing sourcing periods to mitigate the risk of obsolescence and adjusting their ordering strategies. The industry was unprepared for the sudden demand slump after the festive season in 2022, leading to stockpile. Retailers are now planning for shorter periods and buying closer to the season. Despite extended discounting, retail sales growth has been negative for like-for-like stores due to a shift in consumer spending towards travel and experiences.

Apparel retailers are facing challenges with unsold inventory, resulting in write-offs and impacting margins. They are reducing sourcing periods to mitigate the risk of obsolescence and adjusting their ordering strategies. The industry was unprepared for the sudden demand slump after the festive season in 2022, leading to stockpile. Retailers are now planning for shorter periods and buying closer to the season. Despite extended discounting, retail sales growth has been negative for like-for-like stores due to a shift in consumer spending towards travel and experiences.

Ahmedabad: After peaking in 2022 due to high energy costs, the prices of soda ash have fallen by about 18% since January this year.

Arvind Fashions: The Bengaluru-based company's consolidated net loss widened to 164.3 million rupees ($1.98 million) for the three-month period ended June 30, from a loss of 5.1 million rupees a year earlier.

strike. thousands of public employees say they'll walk off their jobs this week as parliament prepares to vote on yet another round of austerity measures. wrnss in yemen's capital say government troops killed at least five people when they opened fire on pro democracy demonstrators. sunday's violence left eight dead and more than 50 wounded. the surge in violence is blamed on al qaeda and the muslim brotherhood. a revolutionary forces commander was killed in sirte in the front line on sunday. many fear the anti-gadhafi fighters are losing the earlier momentum in the battle for mo...