Down But Not Out – Relaxo Footwears Ltd is Not going to Lose Its Market Share to Campus Activewear Ltd. & will see Growth Coming Back in FY23!
Due to inflation, high raw material prices, and an increase in GST to 12% for footwear under Rs 1,000/-, the footwear market has seen a resistance from the consumers, as they have shifted towards the cheaper products Relaxo Footwears being a dominant player in the open footwear space (with ~ 76% of sales) and given … Read more
