Dear Supplier Partners,

As we complete the first quarter of FY2026-27 (April-June 2026), I would like to share our perspective on the evolving economic and geopolitical environment, its implications for the furniture industry, and the priorities that will guide our collective efforts as we enter the second quarter of the financial year.

The first quarter reaffirmed that supply chains today operate in an increasingly interconnected world where geopolitical developments, commodity markets, energy prices, trade policies, and currency movements can rapidly influence sourcing decisions. While uncertainty remains a constant feature of the global business environment, the resilience, responsiveness, and commitment demonstrated by our supplier partners continue to be critical to our shared success.

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