Rising crude oil prices are pushing up polyester and fabric costs, squeezing margins at India’s value fashion retailers. Companies are absorbing the hit rather than raising prices, fearing demand destruction among their price-sensitive customers.
Rising crude oil prices are pushing up polyester and fabric costs, squeezing margins at India’s value fashion retailers. Companies are absorbing the hit rather than raising prices, fearing demand destruction among their price-sensitive customers. by Soban News (international And National News)