GST Cuts Footwear Apparel: Demand Fails to Improve
GST Cuts Fail to Deliver the Expected Consumption Boost for Footwear & Apparel Sectors The government tried to jumpstart spending by slashing GST on shoes and clothes. You’d think cheaper prices would get people shopping again, right? But if you ask folks in the business—store owners, manufacturers—most say it hasn’t made much of a difference….