Got it. Wish you the best 
Wasn’t tracking this much. Know that they’ve done a lot of JVs over the last few years and it’s a strategy that’s very very different from what they used to have back in 2015 when their focus was on building on the strength of their core brands and a sustainable business.
Haven’t followed them much post 2022. But knowing a little their brands in other spaces like Simon Carter and American Eagle haven’t done well. Ethnic was a big white space they identified but it’ll be interesting to see if the thesis as pointed by you actually plays out.
Raymond will also go aggressive and Manyavar also won’t sit back and then Reliance has its own muscle and Arvind might be eyeing a revival. The retail space will only get hotter
Let’s see if they are able to build something that’s value accretive to shareholders as well. As a customer I’m happy since a lot of brands they’ll be expanding with offline. But they have missed quite a golden period eg like how Trent scaled up Zudio as a small example.
P.S. Have seen the business very closely from 2015-2021 as I started my career with ABFRL and hence can be biased with my observation and not tracking the business recently
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