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Discretionary spending slows in India as uncertainty keeps consumer purchases at a bare minimumConsumers are cutting back on non-essential purchases due to global tensions and job worries. Indian households are prioritising savings an...
GST cuts to boost consumer durables, affordable housing could gain later: Sunil SubramaniamGST cuts on textiles and footwear may offer some relief. Market expert Sunil Subramaniam anticipates a demand surge in big-ticket items. Th...
Amber Enterprises, Trent among key winners of GST-driven demand upswingIndia's retail sector anticipates a consumption boost. The GST Council's tax slab rationalization aims to reduce prices on many goods. Appa...
Bata begins giving GST rationalisation benefits to customersBata India has launched its "Bata Price Promise" initiative, proactively implementing the GST rate cut on footwear priced below Rs 1,000 be...
Footwear stocks rise up to 7% as GST slashed to 5% on pairs below Rs 2,500Footwear company stocks surged following the GST Council's decision to reduce the GST rate on shoes priced up to Rs 2,500 from 12% to 5%. T...
Kothari Industrial Corporation acquires Zodiz, Jeetlo to strengthen mass footwear presenceKICL, a D C Kothari Group company, is set to acquire footwear brands Zodiz and Jeetlo, effective August 4, 2025, to bolster its presence in...
Taiwanese, Vietnamese firms keen to invest in footwear sector in India: CLETaiwanese and Vietnamese companies are eager to invest in India's non-leather footwear sector, requiring government support for smooth impo...
Myntra Fashion Carnival: 40% - 80% off on women’s footwearMyntra Fashion Carnival comes with some amazing discounts on women's footwear of 40%-80%. Shoppers can simply filter by category, brand, pr...
Footwear startup Yoho bags Rs 27 crore, eyes offline and international expansionThe funds will be used to support growth initiatives, research and development, marketing efforts, recruitment, and offline expansion. It l...
Shoe is on the other foot: India slips in footwear exports as Bangladesh gets a firm footingIndia has made a mark in the leather footwear segment, but customer preference is now shifting towards non-leather shoes, and Bangladesh is...
Fashion brand Styched acquires Shark Tank India fame sneaker startup FlatheadsThe deal, structured as an all-equity transaction, marks Bengaluru-based Styched's entry into the footwear segment.
Footwear brand Attitudist aims Rs 100 crore annual sales by 2025Attitudist does not own manufacturing set-up but has partnered over 100 local artisans and craftsmen in and around Agra to make vegan leath...
Sandeep Kataria: The Indian who will lead Bata for the first time in its 126-year historySandeep Kataria, 49, who is currently Bata India’s CEO, has been elevated as global CEO of the company, as the current incumbent, Alexis Na...
Khadim India makes tepid debut, lists at 3% discount to issue priceAt the issue price, the stock valued at 43.8x FY17 earnings and 2.2xmarket cap to sales ratio.
TPG Growth, Havells' QRG buy 20% of footwear brand Campus for Rs 1,500 croreThe actual stake purchased and the money invested were not disclosed, but sources said they picked a 20% stake valuing the company at Rs 1,...
Investors cheer retailers facing lower tax ratesShares of companies like Relaxo, Bata gained 4.31% and 0.94%, respectively.
- Reliance Retail wants a foot in Bata stores
Old meets the new as India's oldest retailer Bata and the new entrant Reliance Retail try to work out a tie-up.