Home / Knowledge / News / Apparel/Garments / Reliance Brands to open new stores for Steve Madden shoes
Reliance Brands to open new stores for Steve Madden shoes
Oct '15
Mukesh Ambani-controlled Reliance Brands has drawn up plans for expansion of global shoe brand Steve Madden in India, according to an agency report.

Madden India business head Somdeb Basu said the brand was doing well and they have decided to add 10 more stores by 2016-17. Stores are likely to be opened at Bhubaneswar, Guwahati, Cochin, Coimbatore during the expansion drive.

Reliance Brands has marketing right for the US-listed shoe brand in India and operates 15 stores Delhi, Chandigarh, Ludhiana, Bangalore, Pune, Hyderabad, Mumbai, Pune and Kolkata.

Almost 90 per cent of Steve Madden products sold in India are imported from different manufacturing bases. But the import duty on shoes that ranges from 60 to 90 per cent puts a huge cost pressure on the brand.

Basu said the company would weigh the options of setting up show manufacturing plants after it establishes a sizeable scale of market and carries out its store expansion plan. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 29th Mar 2017

'Increase in demand for organic designer linen'

There has been an increase in the demand for organic designer linen....

Apparel/Garments | On 29th Mar 2017

Jo-Ann launches 'Buy Online, Pick Up in Store' service

Jo-Ann Fabric and Craft Stores, a specialty retailer of crafts and...

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Interviews View All

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search