Metro Shoes exploring new business opportunities
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Mumbai-based Metro Shoes is a multi-brand footwear retail chain that operates stores under the names Metro, Mochi and MSL. The shoe company has been exploring new business opportunities and believes in the strong growth potential of India’s shoe care and foot care industry which complements the growth in the premium footwear category.
Over last few years, the company has increased its share in the shoe care products and contributes over 5 per cent in its Rs 1,000 crores business. Its investment highlights the ultra-aggressive rate to achieve its ambition of becoming the largest footwear retailing company in India. As one of the first brands in a highly unorganised market, Metro has paved way for the way fashion footwear in India was perceived. With growth in footwear designs, sourcing, expansion and employment, it has established itself in a rapidly transforming retail landscape that has seen a number of Indian and international players jostling for space.
Right now, Metro Shoes has a footprint in over 20 states in India and offers all fashion footwear needs under one roof through their multi-branded stores. With its strong brand equity and sales focus, the shoe company has carved a niche for itself and is the front runner for consumer needs, designs and relationships.