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Tag: Apparel

  • GST 2.0: Shift Towards Value Apparel and Upgraded Durables

    GST 2.0: Shift Towards Value Apparel and Upgraded Durables

    The post-GST 2.0 shopping basket is a study in contrast. The tax cuts have boosted sales in the value segment led by apparel retail, but activated premiumisation in durables and beauty categories. Value Surge According to retailers and mall operators, since the goods and services tax (GST) cut, there has been a surge in sales…

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