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Tag: footwear

Crocs India extends exclusive partnership with Metro Brands

Metro Brands Ltd (MBL) has announced an extension of its partnership with Crocs India Ltd (CIL), with adjustments made to the terms of their...

Footwear startup Kaarigar Mandi raises INR 1.75 Crore in seed funding led by Kyt Ventures

Kaarigar Mandi, a B2B footwear platform, has raised a seed funding of INR 1.75 crore led by Kyt Ventures. Additionally, Upaya Social Ventures, IIMA...

Reliance Retail’s Lee Cooper enters women’s footwear segment

Lee Cooper, a brand under Reliance Retail, has unveiled its entry into the women's footwear market. Lee Cooper's SS'24 women's footwear line, "Shoes Don't Judge,"...

Luxury shoe brand Santoni to invest INR 15 Crore in expansion, eyes two new stores in India

Santoni, the high-end footwear label that made its debut in India through a collaboration with Luxerati Retail Pvt Ltd. in 2018, is gearing up...

Khadim India to demerge distribution business by September, expects margin improvement by 100-200 bps

Khadim India Ltd, a leading footwear company, is expecting to complete the demerger of its distribution business by September this year, as stated by...

D2C footwear brand Fausto makes foray into UAE market through Amazon

Fausto, the D2C online footwear brand, announced on Monday its entry into the UAE market through e-commerce giant Amazon with the introduction of a...

Bata reports 31% drop in net profit due to muted demand for footwear

Footwear brand Bata India Ltd reported a 31.04% decrease in its net profit and a 0.7% upturn in total income for the third quarter...

Metro Brands teams up with Nextail to revolutionize retail with AI-driven merchandising solutions

Footwear brand Metro Brands Ltd. has collaborated with the merchandise planning platform Nextail, as disclosed in a press release on Monday. The collaboration involves integrating...

Indian footwear industry set for exponential growth, projected to reach $90 Billion by 2030: GTRI Report

The Indian footwear industry could experience a substantial increase, reaching a market size of USD 90 billion by 2030—more than three times its current...

Bata India faces INR 60 Crore tax notice over GST discrepancies

Footwear major Bata India has been served a notice by the State Tax Officer, Anna Salai Assessment Circle, Chennai, with an amount of INR...

Bata enhances customer experience through Easyrewardz’s Zence CRM for ‘BataClub’

Global footwear brand Bata has joined forces with the comprehensive customer lifecycle management (CLM) platform Easyrewardz to utilize the latter's 'Zence' customer relationship management...

Value Zone Hyper Mart redefines retail with massive outlet mall debut in Hyderabad

Retail chain Value Zone Hyper Mart has opened its first outlet mall in Patancheru, Hyderabad. Spanning 1 lakh sq. ft. of carpet area, the...

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