As @hakim_yamin rightly said Redtape is not just a shoe company anymore.
Revenue mix -
It isn’t necessary to sell more of other products to create an alpha. In certain cases, when a company has a better price-to-value proposition than its competitors, it generally tends to do better.
Although I currently don’t hold an investment in Red tape as I could coincidentally see the slowdown coming, the long-term story is intact.
Subscribe To Our Free Newsletter |