Rating agency ICRA projects that the operating profit margin (OPM) for fashion retailers will remain in the range of 13-14% for FY2025, despite an anticipated revenue increase of 14-15%. This outlook is attributed to ongoing inflationary pressures and a slowdown in discretionary spending, necessitating high advertising and promotion expenses to drive sales growth. According to…
Subscription Required
You must be a subscriber to access this content.
Already a member? Log in here
