Similarly, with an increase of 2.21 points, Investments saw moderate growth but a rise in Inventory Holding at 2.31 points acted as a spoil sport, resulting in only mediocre growth of the index value.
In CMAI's Apparel Index for the July to September 2014 quarter, 'Big Brands' scored an impressive growth of 9.98 points, while 'Small Brands' reached #
Sell Through, considered an aspect having a direct impact on profitability proved that the quarter generated more profits than the same quarter of previous year for nearly 77 per cent respondents.
“If players would have managed their inventories well, this number could have been much better thereby pushing up the Index Value,” CMAI concluded by saying. (AR)
Fibre2fashion News Desk - India
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