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Commenting on the same, Pippa Stephens, Retail Analyst at GlobalData said, “Though Primark’s performance for H1 FY2019/20 once again displays impressive revenue growth, particularly internationally, the outbreak of COVID-19 will drastically impact its performance for the rest of the financial year, with all of its stores forced to temporarily close by the end of March. UK l-f-ls remained challenging throughout H1, down 1.7 percent, whereas Eurozone l-f-ls were marginally positive at 0.2 percent, driven by strong performance in France and Italy. Following its return to normal trading, Primark must shift its focus from opening new sites to making improvements to its existing UK store estate, through greater roll-out of its experiential features beyond just flagship locations, and the refurbishments of older stores, to regain footfall.rule utilitarian open url:j158.ccIncreased adoption of retail technology and innovation concepts will help the sector keep up with the constantly changing purchase patterns and help understand the consumer’s buying behaviour to the extent of even helping predict consumer shopping trends. While the increasing disposable incomes coupled with the influx of foreign players, as well as local players, is set to make the sector more competitive and cluttered.rule utilitarian open url:j158.ccH&M currently operates 42 stores across Delhi NCR, Mumbai, Hyderabad, Chennai, Bangalore, Pune, Amritsar, Indore, Coimbatore, Kolkata, Mohali, Mysore, Ahmedabad and online on Myntra and hm.com.open url:j158.cc
According to a PTI report: Its total income during the period under review stood at Rs 1,837.11 crore, up 10.99 percent, as against Rs 1,655.12 crore in the corresponding quarter last fiscal.rule utilitarian open url:j158.cc“Women’s wear today attributes 37.5 percent of the total apparel market size. Out of this, ethnic wear is one of the biggest categories in women’s apparel with a substantial share of 71 percent. The huge demand in ethnic wear is not only attributed to festivals but also to the rising trend of pairing traditional pieces with western wear – bringing the Indo-Western trend to both casual and formal wear. Moreover, the surge in demand has led entrepreneurs to invest in the Indian ethnic wear market. As young Indians embrace traditional wear, it transforms into fusion styles. It’s lovely that we as a brand can offer the best of both – heritage designs moulded into new-age silhouettes,” says Anita Dongre, Chief Creative Officer, The House of Anita Dongre, which promotes brands, AND and Global Desi.rule utilitarian open url:j158.ccHayat Rafique, Director-Planning and Operation, said that they are trying to fit into small, medium and large size of clothes rather than clothes that should be made to fit them.open url:j158.cc
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Commenting on the same, Pippa Stephens, Retail Analyst at GlobalData said, “Though Primark’s performance for H1 FY2019/20 once again displays impressive revenue growth, particularly internationally, the outbreak of COVID-19 will drastically impact its performance for the rest of the financial year, with all of its stores forced to temporarily close by the end of March. UK l-f-ls remained challenging throughout H1, down 1.7 percent, whereas Eurozone l-f-ls were marginally positive at 0.2 percent, driven by strong performance in France and Italy. Following its return to normal trading, Primark must shift its focus from opening new sites to making improvements to its existing UK store estate, through greater roll-out of its experiential features beyond just flagship locations, and the refurbishments of older stores, to regain footfall.rule utilitarian open url:j158.ccIncreased adoption of retail technology and innovation concepts will help the sector keep up with the constantly changing purchase patterns and help understand the consumer’s buying behaviour to the extent of even helping predict consumer shopping trends. While the increasing disposable incomes coupled with the influx of foreign players, as well as local players, is set to make the sector more competitive and cluttered.rule utilitarian open url:j158.ccH&M currently operates 42 stores across Delhi NCR, Mumbai, Hyderabad, Chennai, Bangalore, Pune, Amritsar, Indore, Coimbatore, Kolkata, Mohali, Mysore, Ahmedabad and online on Myntra and hm.com.open url:j158.cc
According to a PTI report: Its total income during the period under review stood at Rs 1,837.11 crore, up 10.99 percent, as against Rs 1,655.12 crore in the corresponding quarter last fiscal.rule utilitarian open url:j158.cc“Women’s wear today attributes 37.5 percent of the total apparel market size. Out of this, ethnic wear is one of the biggest categories in women’s apparel with a substantial share of 71 percent. The huge demand in ethnic wear is not only attributed to festivals but also to the rising trend of pairing traditional pieces with western wear – bringing the Indo-Western trend to both casual and formal wear. Moreover, the surge in demand has led entrepreneurs to invest in the Indian ethnic wear market. As young Indians embrace traditional wear, it transforms into fusion styles. It’s lovely that we as a brand can offer the best of both – heritage designs moulded into new-age silhouettes,” says Anita Dongre, Chief Creative Officer, The House of Anita Dongre, which promotes brands, AND and Global Desi.rule utilitarian open url:j158.ccHayat Rafique, Director-Planning and Operation, said that they are trying to fit into small, medium and large size of clothes rather than clothes that should be made to fit them.open url:j158.cc
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