Prolonged dry spell impacts sales of foam, fur and waterproof shoes
The extended dry spell that has gripped the Valley is having a profound impact on local businesses, with footwear shops experiencing a notable dip in sales.
Many footwear wholesalers and retailers told news agency—Kashmir News Observer (KNO) that 90 percent winter footwear stock is still on shelves and that they don't expect any positive turn around now.
“Half of the Chilaie-Kalan is over now, more than 90% of the winter stock we had purchased remains unsold. We are hardly witnessing any sales,” said a footwear wholesaler in Lal Chowk in Srinagar.
Another footwear wholesaler in Batamaloo area said majority of their water proof, foam and fur shoes were still packed in boxes as they are witnessing no demand due to ongoing dry spell.
“This dry spell has incurred a huge financial l...