BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
With fewer operational days and stringent regulations, post-lockdown lifting, it was a lull Q1 FY21 for retailers.
Apparel/innerwear/footwear fell 89%/24%/67% YoY, while department store revenue fell approximately 58% YoY.
E-commerce gained traction significantly, to double digits for some companies.
Efforts were made to reduce discretionary costs to minimise cash burn and negotiate rentals till operations normalise.
The discounting trend has to an extent been curbed in order to carry forward inventory.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR