End of season sale arrives early for apparel retailers on muted

This year’s end-of-season sale in the apparel industry started two weeks early with major retailers offering discounts ranging from 25 to 80 percent, reflecting subdued demand. Retailers like Shoppers Stop, Reliance Trends, and Lifestyle are providing significant discounts. ICICI Securities reported a decline in retailers’ revenue during April-May, indicating a slowdown.

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