PMV's inventory has risen by 9.5 per cent as like all retailers with a mix of physical stores and online sales, the closure of many outlets due to lockdowns adversely affects it.
MYR must be in a similar boat.
Given its fashion ranges are seasonal, how will it clear excess stock? MYR has moved away from having clearance floors or bargain basements.
MYR Price at posting:
59.5¢ Sentiment: Hold Disclosure: Held
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