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Bata plans to add 100 stores in FY21 amid COVID-19 outbreak

Footwear major Bata India is planning to open around 100 outlets during this financial year despite the COVID-19 outbreak, an official said on Wednesday. According to a PTI report: The shoemaker, which currently has around 1,500 stores across India, plans...

Hit by COVID, Bata says no layoffs so far but surging cases in some states cause for concern

Bata India Chairman Ashwani Windlass on Thursday said it has not laid off any employee so far, but admitted that there is not much clarity on “where the footwear major is heading” amid the raging COVID-19 pandemic. According to a...

Ad hoc local lockdowns hurting already stressed retailers: RAI

The Retailers Association of India (RAI) has said that ad hoc lockdowns by state governments are impacting the businesses of already-stressed retailers, along with hurting the economic revival of the country. In a statement, the body of the organised retail...

How the global fashion industry is adopting technology to thrive again

Ever since its outbreak, the global retail fraternity has been betting on technology as the antidote for fashion retail’s recovery from the coronavirus pandemic. As lockdown restrictions begin to be eased around the world and retailers limp back to...

Building Brands for Tomorrow: Retailers reimagine concepts, strategies

COVID-19 has impacted lives, industries and global economies in a massive way. The worst hit are retailers and brands, who have had to shut shops amid a severe lockdown imposed by the government to stop the spread of the...

Bata India Q4 net profit down 57 pc to Rs 38 cr

Shoemaker Bata India Ltd on Monday reported a 56.68 percent decline in consolidated net profit at Rs 38.40 crore for the fourth quarter ended March 2020 due to COVID-19 induced lockdown. The company had posted a net profit of...

Bata India implements reopening strategy as Government eases lockdown restrictions

Amid the COVID-19 lockdown, fashion businesses are searching for ways to continue to carry out regular business. With central and state governments expected to impose strict regulations on non-essential retail when allowing them to reopen to limit the spread...

Bata to add 500 more stores in next 5 years on franchise model

Footwear major Bata India on Thursday said it will strengthen its presence in the domestic market by adding 500 stores in next five years, focusing mainly on smaller markets.The company has identified tier II, III and IV cities where...

Bata India Q4 profit jumps 69 pc to Rs 88 crore

Footwear major Bata India Friday reported a 69.47 percent jump in standalone profit to Rs 88.26 crore for the fourth quarter ended March 31, 2019.It had posted a profit of Rs 52.08 crore in the January-March quarter of the...

Fashion accessory brands step into bullish footwear category

At the recently re-launched Central at Ambience Mall, Vasant Kunj, Kishore Biyani, Chairman, Future Group, announced his company is planning to step up the group’s focus on men’s footwear retail. At Central, Hyderabad, the footwear section spans across 30,000...
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How fashion brands are leveraging AI

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