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Unsold Honasa stock worth ₹300 cr causing crisis: Distributor body
short by Mansi Agarwal / on Wednesday, 20 November, 2024
The All India Consumer Products Distributors Federation has accused Mamaearth-parent Honasa Consumer of "unethical stock dumping practices". Distributors and retailers are facing an "alarming crisis" over ₹300 crore worth of unsold inventory nearing expiry, the distributor body said. "Adding to the crisis, credit notes worth more than approximately ₹50 crore remain unsettled," it added.
read more at NDTV Profit