Hi,
I am a newbie to investing and hope this doesn’t come across as not doing my research. But I wanted to know if there is any website/reports that are released monthly about the overall footwear sales, exports in our country. Just similar to the auto industry.
Also, I read on some Twitter threads that the large increase in footwear sales in tier 2,3 cities is mostly due to the pent up demand. Since the company is now actively trying to move to these cities, i was wondering if it could be an anti thesis point, instead of being a growth opportunity.
Finally, due to the recession in developed countries like US, UK(and it is expected to last for a while), don’t you think that the company would take a hit on profitability in the exports?
Your views are greatly appreciated.
Thanks
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