Recovery in demand, expansion plans could keep clothing retailers trendy

Equities of retail clothing companies have risen over the past two trading days despite weakness in markets and benchmarks. Trent, Aditya Birla Fashion Retail (ABFRL) and V-Mart Retail gained 3-9% amid recovering demand and improving profitability.

The gradual reopening of stores, increased footfall and increased discretionary spending have increased investor interest in these stocks. In a recent report on V-Mart Retail, analysts at Antique Stock Broking pointed out that consumer sentiment has shifted towards …

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First published: Sun 03 October 2021. 19:56 IST

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