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Consumers stuck at home during the lockdowns last year ditched dress shoes for more comfortable footwear, benefiting companies such as Crocs and Ugg brand owner Deckers Outdoor Corp . Demand has remained firm this year.

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In a 57-page order, the CCI said it considers "it necessary to examine the combination (deal) afresh," adding its approval from 2019 shall "shall remain in abeyance" until then.

The GST Council, in its last meeting, took the decision to correct the inverted tax structure by raising GST from 5 percent to 12 percent for several textiles and apparel (other than fiber and yarn) items from January 1, 2022.

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