The prolonged dry spell that has gripped the Valley is having a profound affect on native companies, with footwear outlets experiencing a notable dip in gross sales.
Many footwear wholesalers and retailers advised information company—Kashmir Information Observer (KNO) that 90 % winter footwear inventory continues to be on cabinets and that they don’t anticipate any optimistic flip round now.
“Half of the Chilaie-Kalan is over now, greater than 90% of the winter inventory we had bought stays unsold. We’re hardly witnessing any gross sales,” stated a footwear wholesaler in Lal Chowk in Srinagar.
One other footwear wholesaler in Batamaloo space stated majority of their water proof, foam and fur sneakers had been nonetheless packed in packing containers as they’re witnessing no demand as a result of ongoing dry spell.
“This dry spell has incurred an enormous monetary losses to us and these loses will have an effect on our upcoming gross sales. Over 85% of our footwear inventory has remained unsold,” stated Sajad Ahmad.
One other retail shopkeeper stated that ideally on this season one must be sporting heat sneakers, however individuals are utilizing both canvas or sports activities sneakers, attributing this variation to prevailing dry climate circumstances.
Notably, footwear retailers specializing in foam, fur and waterproof sneakers are dealing with a big problem, as customers are choosing lighter and extra breathable choices throughout this extended dry interval.
In the meantime, the climate division on Saturday predicted dry spell might persist until 23 January, posing an ongoing problem for footwear retailers and wholesalers—(KNO)
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