After the analyst call realized that the company will take some time to revive.
They have built a very good brand but the strategy now is going all wrong. Instead of going to related products they are going to home textiles. They should focus on kids segment but they are not able to grow that for so many years.
Distribution has been a disaster - closing EBOs and then opening more… and not a few - very large numbers.
Even ad spends has not been much… they dont even mention it.
Company needs change in management - promoters should think of getting some new brand managers, etc. Its wait and watch.
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