Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
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        LATEST NEWS UPDATES | Apparel, footwear companies monitoring inflationary trends, some may roll back price hikes    </title>
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Players said they have begun witnessing good demand for winter products

Apparel and footwear companies said they are closely monitoring inflationary trends with some even looking at rolling back price hikes on existing range or upcoming season offerings,..."/>
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Players said they have begun witnessing good demand for winter products

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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Players said they have begun witnessing good demand for winter products</em></p><p style="text-align:justify">Apparel and footwear companies said they are closely monitoring inflationary trends with some even looking at rolling back price hikes on existing range or upcoming season offerings, especially at the mass-end. Players also said they have begun witnessing strong demand for winter season-related products.</p><p style="text-align:justify">This comes at a time when there has been some softening in raw material costs in recent weeks.</p><p style="text-align:justify">Speaking at the sidelines of an event organised by the Retailers Association of India, Lalit Agarwal, Managing Director, V-Mart Retail told businessline, &ldquo; We are in the process of rolling back prices by 6-7 per cent for the winter season products and also on the products for the upcoming spring-summer season. We believe consumers have not been able to accommodate price hikes and it has impacted consumption volumetrically and that&rsquo;s why we are adopting this strategy to ensure products remain affordable while continuing to innovate.&rdquo;</p><p style="text-align:justify"><em>Costs down, but a little</em></p><p style="text-align:justify">Agarwal said that consumers continue to cope with inflationary challenges with nearly 60 per cent of the consumer basket being impacted. &ldquo;While raw material costs for the industry have come down to some extent, but they still remain almost 40 per cent higher than the base,&rdquo; he added.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/companies/apparel-footwear-companies-monitoring-inflationary-trends-some-may-roll-back-price-hikes/article66230715.ece" title="https://www.thehindubusinessline.com/companies/apparel-footwear-companies-monitoring-inflationary-trends-some-may-roll-back-price-hikes/article66230715.ece">click here</a> to read more.</p>                                                           
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Players said they have begun witnessing good demand for winter products

Apparel and footwear companies said they are closely monitoring inflationary trends with some even looking at rolling back price hikes on existing range or upcoming season offerings,..."/>
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Players said they have begun witnessing good demand for winter products</em></p><p style="text-align:justify">Apparel and footwear companies said they are closely monitoring inflationary trends with some even looking at rolling back price hikes on existing range or upcoming season offerings, especially at the mass-end. Players also said they have begun witnessing strong demand for winter season-related products.</p><p style="text-align:justify">This comes at a time when there has been some softening in raw material costs in recent weeks.</p><p style="text-align:justify">Speaking at the sidelines of an event organised by the Retailers Association of India, Lalit Agarwal, Managing Director, V-Mart Retail told businessline, &ldquo; We are in the process of rolling back prices by 6-7 per cent for the winter season products and also on the products for the upcoming spring-summer season. We believe consumers have not been able to accommodate price hikes and it has impacted consumption volumetrically and that&rsquo;s why we are adopting this strategy to ensure products remain affordable while continuing to innovate.&rdquo;</p><p style="text-align:justify"><em>Costs down, but a little</em></p><p style="text-align:justify">Agarwal said that consumers continue to cope with inflationary challenges with nearly 60 per cent of the consumer basket being impacted. &ldquo;While raw material costs for the industry have come down to some extent, but they still remain almost 40 per cent higher than the base,&rdquo; he added.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/companies/apparel-footwear-companies-monitoring-inflationary-trends-some-may-roll-back-price-hikes/article66230715.ece" title="https://www.thehindubusinessline.com/companies/apparel-footwear-companies-monitoring-inflationary-trends-some-may-roll-back-price-hikes/article66230715.ece">click here</a> to read more.</p>                                                           
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        LATEST NEWS UPDATES | Apparel, footwear companies monitoring inflationary trends, some may roll back price hikes    </title>
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Players said they have begun witnessing good demand for winter products

Apparel and footwear companies said they are closely monitoring inflationary trends with some even looking at rolling back price hikes on existing range or upcoming season offerings,..."/>
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     <meta property="og:description" content="-The Hindu Business Line

Players said they have begun witnessing good demand for winter products

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    <h1 class="cat-box-title">Apparel, footwear companies monitoring inflationary trends, some may roll back price hikes</h1>
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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Players said they have begun witnessing good demand for winter products</em></p><p style="text-align:justify">Apparel and footwear companies said they are closely monitoring inflationary trends with some even looking at rolling back price hikes on existing range or upcoming season offerings, especially at the mass-end. Players also said they have begun witnessing strong demand for winter season-related products.</p><p style="text-align:justify">This comes at a time when there has been some softening in raw material costs in recent weeks.</p><p style="text-align:justify">Speaking at the sidelines of an event organised by the Retailers Association of India, Lalit Agarwal, Managing Director, V-Mart Retail told businessline, &ldquo; We are in the process of rolling back prices by 6-7 per cent for the winter season products and also on the products for the upcoming spring-summer season. We believe consumers have not been able to accommodate price hikes and it has impacted consumption volumetrically and that&rsquo;s why we are adopting this strategy to ensure products remain affordable while continuing to innovate.&rdquo;</p><p style="text-align:justify"><em>Costs down, but a little</em></p><p style="text-align:justify">Agarwal said that consumers continue to cope with inflationary challenges with nearly 60 per cent of the consumer basket being impacted. &ldquo;While raw material costs for the industry have come down to some extent, but they still remain almost 40 per cent higher than the base,&rdquo; he added.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/companies/apparel-footwear-companies-monitoring-inflationary-trends-some-may-roll-back-price-hikes/article66230715.ece" title="https://www.thehindubusinessline.com/companies/apparel-footwear-companies-monitoring-inflationary-trends-some-may-roll-back-price-hikes/article66230715.ece">click here</a> to read more.</p>                                                           
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Apparel, footwear companies monitoring inflationary trends, some may roll back price hikes

Published on Dec 6, 2022   Modified on Dec 7, 2022

-The Hindu Business Line Players said they have begun witnessing good demand for winter products Apparel and footwear companies said they are closely monitoring inflationary trends with some even looking at rolling back price hikes on existing range or upcoming season offerings, especially at the mass-end. Players also said they have begun witnessing strong demand for winter season-related products. This comes at a time when there has been some softening in raw material costs in recent weeks. Speaking at the sidelines of an event organised by the Retailers Association of India, Lalit Agarwal, Managing Director, V-Mart Retail told businessline, “ We are in the process of rolling back prices by 6-7 per cent for the winter season products and also on the products for the upcoming spring-summer season. We believe consumers have not been able to accommodate price hikes and it has impacted consumption volumetrically and that’s why we are adopting this strategy to ensure products remain affordable while continuing to innovate.” Costs down, but a little Agarwal said that consumers continue to cope with inflationary challenges with nearly 60 per cent of the consumer basket being impacted. “While raw material costs for the industry have come down to some extent, but they still remain almost 40 per cent higher than the base,” he added. Please click here to read more.

The Hindu Business Line, 6 December, 2022, https://www.thehindubusinessline.com/companies/apparel-footwear-companies-monitoring-inflationary-trends-some-may-roll-back-price-hikes/article66230715.ece

Tagged with: Winter garments Cost of inputs raw material costs inflation

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