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Footwear industry to record 11% revenue growth this fiscal: Report

Softening input cost will boost operating margin by about 125 basis points to 9 per cent, which will still be below the pre-pandemic levels of 10 per cent Mumbai: Softening input cost and rising demand will help the footwear industry...

Bata launches India’s first AI-powered visual merchandising app

Launched in June 2023, the new app is equipped with core visual merchandising and retail deployment management facilities Bengaluru: Multinational footwear retailer Bata has launched India’s first visual merchandising app powered by AI (artificial intelligence), a top company official wrote on social...

Bata India positive about growth outlook amid short-term headwinds

Bata achieved several milestones in FY'23, including crossing the 2,000 store milestone for the first time and expanding the Sneaker Studios concept Kolkata: Geopolitical concerns and doubts about inflation may continue to impact consumer sentiment in the short term, said Bata...

Fashion brand icons: Veena Ashiya of Monrow Shoes

IndiaRetailing brings you a series in which we highlight the brand icons in India’s thriving fashion and lifestyle industry. Today, the spotlight is on Veena Ashiya Bengaluru: No business can survive for long without a vision; even if it does, it...

Birkenstock unveils 25th retail store in India

The two-storey Birkenstock retail outlet is located at Brigade Road, Shivaji Nagar, Bengaluru Bengaluru: German footwear firm Birkenstock Group has reached a milestone of 25 stores in India with the launch of a new store in Bengaluru, a company official wrote on social media...

Extend implementation of quality control norms by 12 months for footwear; industry not ready yet

According to the 'Footwear Made from Leather and Other Materials Order 2022, which will come into force from July 1, manufacturers have to modify their processes to comply with the new standards New Delhi: Industry players and exporters of footwear...

Untapped potential of homegrown D2C footwear brands

After strong growth in recent years, Indian D2C brands are optimistic entering 2023. D2C brands are estimated to be growing at a compound annual growth rate (CAGR) of 40% in India. By Veena Ashiya The burgeoning Indian footwear market has attracted...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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