Bata news and archive

Bata plans to open mores stores in next five years

Bata will add 500 stores across India in the next five years mainly in Tier II, III and IV cities. The footwear maker has a retail network in 450 towns. Digital channels will be used to increase the productivity of the stores and enhance satisfaction for customers. Besides, Bata is working hard to reconnect with the country's millennials and has...

Retail

Bata to expand retail with 500 franchise stores in small towns

Bata is planning to open another 500 franchise stores in small towns over the next five years. As of now, the brand has 150 franchise stores. The company has over the past three years pumped in around Rs 260 crores for modernising its manufacturing plants and renovating its retail stores. The company’s thrust is to improve customer experience,...

Retail

Bata spreads retail footprint, plans to enter more MBOs

Bata wants to expand its reach across multi-brand footwear outlets in India. As of now, it is present in some 15,000 multi-brand outlets—those that sell different footwear brands under one roof—out of the 75,000 such organized shoe stores in the country. For some footwear brands, such MBOs constitute about half their sales. Bata, India’s largest...

Business

Bata India Q3 net sales up 16 per cent, profits up 51 per cent

Bata’s net sales increased 16 per cent in Q3. Profits went up 51 per cent to Rs 108 crore (15.3 million dollars) during the quarter as against Rs 68 crore in the corresponding quarter last fiscal. The company’s revenue also rose 16 per cent to Rs 779 crore riding on robust festive sales coupled with expansion of its new red-concept stores. It...

Business

Bata’s Q2 net sales up 15 per cent

In Q2, Bata’s net sales have gone up 15 per cent. The strategy of using youth icons to push key categories has yielded positive results. Kriti Sanon was roped in as the new face for Bata’s fashion forward women’s range, which has over 100 new styles. The footprint of Red Angela stores will be expanded. Bata has some 50 Red Angela stores in...

Business

Bata India’s Q1 revenue up eight per cent

For the June quarter Bata India’s revenues were up 8.3 per cent year on year. Ebitda was up 38 per cent year on year. Profitability improved and the ebitda margin expanded by 355 bps to 16.53 per cent. Bata now plans to add around 100 new stores, 50 new franchisee stores and expand its distribution in the current year. Premium products are...

Retail

Relaxo Footwears plans to add new stores to take on competition

Relaxo Footwears, the largest footwear maker in India by volume, will add 50 outlets this year as it plans to expand its retail network to inch closer to Bata, which is bigger in terms of revenues. The brand has 300 outlets at present in the northern and eastern markets. The exclusive outlets contributed Rs 170 crore to the company's topline of...

Retail

Bata incorporates its new design ID red concept across stores

Aiming to reinvent shopping experience for consumers Bata India has started incorporating its new design ID, red concept across stores. It has already implemented the concept at a few flagships before taking it to other outlets. Along with refreshed VM props, newer display systems, introduction of highlight zones and incorporation of digital...

Business

Bata India sees a 20 percent surge in Q2 net profit

Footwear and apparel brand Bata India has had a positive Q2 with almost 19.60 per cent increase in net profit for the quarter ended June 30. Net sales too went up nearly 10.13 per cent. Perhaps what has worked for the company is its move to open 40 new stores, and nationwide launch of the Bata Insolia range of comfortable heels for women and a...

Retail

Bata looks at ways to boost customer experience at stores

Bata, is now looking to beef up customer experience to attract more footfalls in its stores. The footwear brand is now investing in both offline and online channels and as Anand Narang, VP, Marketing, Bata India, says the brand knows a good customer experience turns a casual customer into a loyal one and the experience of consumer is therefore...

Retail

Bata plans to open 100 stores this year

Bata plans to open more than 100 stores in India this financial year. The stores will be bigger and at key locations like malls, high streets and high-density highways keeping in mind the evolving tastes of India. Currently, Bata in India retails in over 1,265 stores and through multi-brand footwear dealer stores across India. The footwear and...

Retail

Bata celebrates 123 years

Celebrating the milestone of 123 years of Bata shoe organisation with Bata Fashion event, Alexis Nasard, Global CEO, unveiled Bata’s global brand manifesto that is a celebration of Bata in the new millennium as well as its inspiration, the modern woman of the world. The wide range of products displayed in the Bata Fashion event together with the...