1. The Indian Apparel Industry
... firms such as Shoppers Stop, and Crossroads entering into middle class segment. It is being predicted that the apparel sector in India will grow at a very fast rate in the next few years. With the change in lifestyle, increase in per capita income and urbanization of the Indian consumers, the attitude of spending money ... industry with time [4]. Based on McKinsey report, the apparel is the most profitable segment of the Indian retail market. As shown in Table 1 [5], 'food' is the most organized segment, however it does not provide the desired profit. Apparel retailing is not as or...
- Word Count: 1808
- Approx Pages: 7
- Grade Level: Undergraduate