Posts in category All News
Sahaj Solar IPO opens for subscription. Check issue size, price band, GMP and other details (11-07-2024)
Zomato shares up 1.2% as Nifty drops (11-07-2024)
Share market update: Most active stocks on D-Street today in terms of volume (11-07-2024)
Red Tape Ltd. – The next fashion giant? (11-07-2024)
Hey, I tried visiting Redtape outlets in South Delhi but unfortunately most outlets had either closed or were just selling the clothes alongside other brands. I went to three stores based on google maps - one in Ansal plaza had closed (like most other stores in AP, including decathlon), two others in Lajpat Nagar were selling only clothes alongside other brands. The owners told me Shoes are only sold in Red Tape exclusive stores while clothes are being sold in multi retails stores as well.
Not sure how to interpret this change. Any inputs regarding these changes? Is it for efficiency or are they cutting down the costs or some other factor