 "malls")
The first quarter without any Covid-induced restrictions saw retailers witnessing their cash registers ringing. Despite offline sales picking up in the April-June quarter, e-commerce sales also continued to grow.
Aditya Birla Fashion and Retail (ABFRL), Page Industries, Bata, TCNS Clothing Company, Trent, and Reliance Retail all saw their revenue hit all-time highs in the first quarter of the financial year (Q1 FY23).
“The traction was equal across metros, Tier-1, -2, -3 and -4 (cities),” VS Ganesh, managing director, Page Industries told investors after announcing its earnings on a conference call. Page Industries is the exclusive licensee of Jockey International for
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