ICRA
Fashion & Lifestyle News Retail

Fashion Retail Entities Likely To Witness 45% YoY Revenue Growth In FY2023: ICRA

Indian retail entities are all set to see an exuberant year-on-year (YoY) increase in sales of 45 per cent in financial year (FY) 2023 and their operating profit margins (OPMs) are expected to remain range-bound at 7-7.3 per cent, said rating agency ICRA. The rating agency’s recent analysis of the industry stated that this is […]

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Jewellery Revenue Likely To Grow 20% YoY In FY23: ICRA

Organised jewellery retailers in India are expected to continue outpacing the industry over the medium term, owing to industry tailwinds such as an accelerated shift in market demand from unorganised retailers and planned expansion of retail presence to capitalise on the tailwinds, according to credit rating agency ICRA. In its most recent research report, the […]

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