Liberty Shoes on Growth Drive
loading...
Footwear firm Liberty Shoes plans to open 60 outlets, including 10 overseas stores, this fiscal. This will
takeits network strength to 550. The 50 outlets in India will primarily be in Tier II cities. The 10 shops overseas will be in South Africa, Singapore, the Middle East and Kuala Lumpur respectively.
Adesh Gupta , CEO, Liberty Group points out the company is doing very well in the country, especially in Tier I cities. The footwear major has pegged the investment for its domestic expansion at Rs 10 crores. To keep pace with its expansion, Liberty plans to up its head-count and will hire between 300-500 professionals this fiscal.
Liberty Shoes Ltd is the only Indian company that is among the top five manufacturers of leather footwear in the world. The company produces more than 50,000 pairs of footwear a day covering virtually every age group and income category. Products are marketed across the globe through 150 distributors, 350 exclusive showrooms and over 6,000 multi-brand outlets.
With 50 years of excellence, Liberty produces footwear for the entire family and is a trusted name across the world. In the domestic market, it is one of the most admired footwear brands and holds the largest market share for leather footwear.