Shoppers Stop, India’s premium Departmental Store chain reported sales growth of 15.0% YoY to INR7.08bn. East and North India contributed 15% & 13% sales growth while South contributed mere 2% and West witnessed a 10% decline primarily due to cannibalization in Mumbai and Pune and a delayed marriage season.
Shoppers Stop Apparels vs Non-Apparel Sales
Apparels contribute 57.7% to total departmental store sales. Menswear contributes (more…)