Indian footwear sector: Cooling the heels

Companies are also loaded down with fixed expenses like salaries, rentals and interest on finance. Moreover, footwear is not an immediate need for most and hence, its purchase will be obviously deferred by most buyers, at least till the Indian festive season starts in October, writes Dipesh Satapathy narrating the Indian footwear sector's plight in times of COVID-19 in an article Cooling the Heels, published in May 2020 edition of Fibre2Fashion.

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Fibre2Fashion News Desk (RKS)