Question
Discuss organized and unorganized fashion retailing
Answer :
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Fashion retailing can be broadly divided into organized and unorganized sectors, each playing a significant role in the fashion industry, especially in developing economies like India. Organized fashion retailing refers to structured, formally registered businesses that operate under corporate management with standardized systems, clear branding, and a focus on customer experience. These include large retail chains, shopping malls, branded outlets, department stores, and e-commerce platforms. Organized retailers follow proper accounting practices, taxation norms, and legal regulations. They emphasize quality control, consistent pricing, and professional merchandising, offering
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