TCNS Clothing Co. Ltd.

NSE: TCNSBRANDS | BSE: 541700 | ISIN: INE778U01029 | Industry: Other Apparels & Accessories
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ICICI Securities Limited
Revenue recovery rate improved gradually to ~75% of pre-Covid levels in Q2FY22. Festive season witnessed healthy 100% revenue recovery rate On the new product launches, the footwear range has seen strong traction and is already contributing ~10% in selected W' stores. TCNS is planning a full-scale rollout of footwear in SS22 with presence in more than 150 EBOs Undertaking category expansion (beyond its core ethnic wear) in a bid to tap opportunities across non-apparel categories. Foraying into make-up, colour cosmetics under brand Aurelia'. Over longer term, the management...
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