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.
November 21, 2024 at 07:26PM
from Times of India
https://ift.tt/NQtaLAr
'Rs 300 crore unsold inventory charge' that Mamaearth 'trashed'
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