CMAI index on decline for 5 yearsBy June 19, 2019 The onus for fall in the last three years could be attributed to demonetisation and the implementation of GST which have disrupted market sentiment and overall growth and the market has not yet recovered from their effects.
Mid & small brands fair better in Q3By March 15, 2019 CMAI’s Apparel Index for Q3 (Oct-Dec FY 2018-19) reveals growth rate was better than previous quarter but still lower than expectation.