Home / Knowledge / News / Fashion / Bata sees impressive growth for first nine months of 2008
Bata sees impressive growth for first nine months of 2008
19
Nov '08
Bata India, the largest footwear retailer and the leader in the footwear industry in India, continued its positive performance by posting an impressive 50% increase in net profit at Rs. 3962.70 lacs, for the first nine months of the year (2008) as compared to same period last year (2007).

Turnover grew by 15% at Rs. 74732.30 lacs in the first nine months of 2008, as against the same period last year (2007).

The company has reported a net profit of Rs. 1240.20 lacs, in the quarter ending September'08, as compared to Rs. 955.40 lacs in the corresponding period last year, a growth of 30%. The company recorded a turnover of Rs 23253.70 lacs in Q3 08, a 13% increase over Q3 07.

Bata India Ltd. is on an aggressive growth path and has implemented growth driving initiatives at various levels.

Keeping in step with time and ahead of competitors, Bata has adopted an ambitious strategy of opening new stores every year. The company has opened 53 new stores during the first 9 months of 2008, which are based on the new retail format and have an average size of nearly 3000 sq ft.

The company has recently launched its festival collection, keeping in mind the current trends and preferences of the customers. The main focus this season is the ladies collection which showcases over 100 new designs in patent, metallic and embroidered looks.

These initiatives have resulted in a healthy sales increase in the Company's retail stores.

Bata India Limited


Must ReadView All

SABIC signs MoU with PRC province for petrochem complex

Textiles | On 26th Sep 2018

SABIC signs MoU with PRC province for petrochem complex

The Saudi Basic Industries Corporation (SABIC) recently announced the ...

New Pakistani federation to fight for workers' rights

Textiles | On 26th Sep 2018

New Pakistani federation to fight for workers' rights

The various unions in Pakistan’s textile and garment industry...

Courtesy: Pexels

Textiles | On 26th Sep 2018

Fitch raises growth forecast for India to 7.8% in 2018-19

Rating agency Fitch last week raised India’s growth forecast for...

Interviews View All

Claudia Kersten, Global Organic Textile Standard

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

C. Dhandayuthapani, Mag Solvics Pvt. Ltd

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Karan Suratwala, Key Textile Accessories Private Limited

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Abhishek Dhanuka,

Abhishek Dhanuka

Vyom International Pvt Ltd, established in 2002, is one of Surat's leading ...

Shivani Swamy,

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

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

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

Leave your Comments


October 2018

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

news category


Related Categories:

Advanced Search