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New Delhi: Apparel retailer Madame is expecting a 40 per cent decline in revenue in the current financial year due to disruptions caused by the COVID-19 pandemic.
There is a slow rise in business number post lockdown. With uncertainty and ad-hoc restrictions being imposed every day across major cities.
he impact is fairly visible with the consumer preferring to stay inside... We expect a 40 per cent reduction in business numbers seeing how the market has behaved in the first quarter and 2 weeks of the second quarter," Madame Executive Director Akhil Jain told .
There is a slow rise in business number post lockdown. With uncertainty and ad-hoc restrictions being imposed every day across major cities.
he impact is fairly visible with the consumer preferring to stay inside... We expect a 40 per cent reduction in business numbers seeing how the market has behaved in the first quarter and 2 weeks of the second quarter," Madame Executive Director Akhil Jain told .
