Q3-FY26 · Rahul Muraka
We did not see any major shift in that consumer sentiment especially in the middle class segment because Manav is catering to the middle class segment.
Vedant Fashions · tone and specificity signals across the available quarters.
Language signals
We did not see any major shift in that consumer sentiment especially in the middle class segment because Manav is catering to the middle class segment.
Our premium brand To has been doing exceptionally well during Q3 as well as the YTD period... we report 12% SSG growth in Q3 and 16% SSG growth in YTD.
We feel that the store expansion should start normalizing from next two three quarters.
Our goal is to work on everything that we can internally starting from working on footfalls by continuing to make campaigns similar to the ones we made with 'Made for Each Other'.
The challenge fully lies in the current real estate market where rentals are so high that we want to actually sign stores that we are confident we can sustain for the next 12 to 15 years at the rental levels we are signing them on.
I think AI will change the way retail companies function and we are making significant investments across the departments to enable agentic AI.