One of the largest footwear retailers in India, Bata picked up brand ambassadors from Bollywood - Kriti Sanon & Cricket - Smriti Mandhana to support the launch of its new internationally designed Red Label & Power collections
The French luxury footwear and fashion designer was awarded a compensation of 156 078 US dollars in damages and a permanent injunction against two shoe dealers for the infringement of its red sole trademark
The government approved a special package of roughly 404.7 million US dollars (Rs 2 600 crore) for employment generation in the leather and footwear sector, which has the potential to generate 320 000 jobs in a period of three years
The India-based footwear retailer will have a three days initial public offering period with an aim to raise capital, now that its private equity fund is leaving the business
India’s export of leather and leather products for the last financial year reached 5 665.91 million US dollars, compared to 5 855.06 million US dollars in the previous year. This represents a decline of 3.23%
The Minister of State for Finance Santosh Gangwar went even further saying that India has the potential to become the biggest footwear producer by 2020
The US-based company is planning to add 300 new stores to its distribution network in India, taking the total count to 400 outlets over the next three to five years