'Rs 300 crore unsold inventory charge' that Mamaearth 'trashed'

Mamaearth's parent company, Honasa Consumer, is facing allegations of unsold inventory burdening distributors with losses. Honasa refutes the claims, stating a significantly lower inventory value. The company is undergoing a restructuring process, transitioning to a direct distributor model, which has impacted its financial performance. Despite the challenges, Honasa remains committed to its strategy.

from Times of India https://ift.tt/Y6v7EZ8
https://ift.tt/OS1pztB November 21, 2024 at 07:26PM TOI TECH DESK

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