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Sairaj Kadam
Entrepreneur • 4m
I believe the clothing store business is something a lot of people open, but it actually doesn’t perform well nowadays. This is the truth, because just think about it most people today prefer buying from Amazon, Flipkart, or other online platforms. On top of that, even big offline stores like Zudio are offering clothes at super affordable prices. I’ve seen many local clothing stores that aren’t really working, but they’re still running somehow. Just go out on the streets and take a look out of 10 shops, you’ll find at least 5-6 are selling clothes or shoes, all in the same niche. Now think about it: rent is high, you have to keep adding new stock, invest a big amount upfront, and at the end, profits aren’t sustainable. But people still get into it, thinking "clothes will always sell." Honestly, I believe this is one of the worst businesses in India today.
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