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NEW DELHI: Fashion retailers to quick service restaurant (QSR) firms are coping with tepid demand as consumers continue to keep a check on discretionary spending amid stubborn inflation. Several companies in their Q1FY24 earnings statement have said that the demand environment remains challenging and firms are pinning their hopes on the festive season for a revival in spending. "When do we expect the demand to recover, I think definitely not before the festival period," said Ashish Dikshit, MD at Aditya Birla Fashion and Retail, while indicating that a...