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Cabinet may OK FDI in multi-brand retail by Aug - report
Teens spend Rs 5k per month on branded clothes: Study
Brand conscious urban teenagers belonging to the upper middle-class segment are spending on an average Rs 4,000-5,000 a month to update their wardrobes, says an Assocham survey.About 40% of the youngsters belonging to the affluent class of the society covered by the survey said they were spending up to Rs 4,000 a month on buying branded clothes, while 35% claimed an average expenditure of Rs 5,000
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