Home / Knowledge / News / Bata records impressive growth in Q1
Bata records impressive growth in Q1
03
May '10
Bata India Limited, the largest footwear retailer and the leader in the footwear industry in India, announced its financial results for the first quarter of the year 2010.

The company continued with its strong growth momentum by posting an impressive 39 % growth in Net Profit at Rs. 1,433.0 lacs as against Net Profit of Rs. 1,033.0 lacs in the same period last year. The Net Sales of the Company grew 11.2 % at Rs. 25,915.4 lacs as against Net Sales of Rs. 23,303.2 lacs in the same period last year.

“This impressive performance is the result of higher sales and profitability due to the expansion in our retail stores, a fantastic shoe line, increased store productivity, improved inventory management and great customer service. We will continue with our strategy of expansion in different markets by opening new stores and investing in building our brand.” said Mr. Marcelo Villagran, Managing Director, Bata India Limited.

During the first quarter, the company opened 25 new Bata Shoe Stores, 2 Hush Puppies exclusive stores and 2 Hush Puppies Shop-in-Shops with the Lifestyle department stores. Bata India also renovated 16 existing stores in the quarter. These new Bata shoe stores are based on the international format of Bata and have a minimum area of 3000 sft.

Located in Metros, Mini-metros, Tier 1 & 2 cities, these new stores have helped Bata in bringing to its customers in these cities, its new contemporary and trendy range of footwear sold in an international style outlet.

The Company also launched its new Spring Summer Collection in its stores, offering several new trendy designs targeted at the young customers, under its famous brands such as Marie Clair, North Star, Power and Weinbrenner.

Bata India Limited


Must ReadView All

Two slabs of GST will affect Bengaluru garment units: SIGA

Apparel/Garments | On 23rd Jan 2018

Two slabs of GST will affect Bengaluru garment units: SIGA

The South India Garment Association (SIGA) has voiced its concern...

US FTC updates textile rules to drop obsolete requirement

Textiles | On 23rd Jan 2018

US FTC updates textile rules to drop obsolete requirement

The US Federal Trade Commission has eliminated an obsolete provision...

Indian textile industry at inflection point: Report

Textiles | On 23rd Jan 2018

Indian textile industry at inflection point: Report

The textile and apparel sector of India is at an inflection point...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

January 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search