>>
Home / Knowledge / News / Fashion / Liberty to invest in HP for new manufacturing facility

Liberty to invest in HP for new manufacturing facility

22
Nov '05
Leading footwear brand Liberty Shoes Ltd is planning to achieve a turnover of Rs 600 crore in the next five years, besides opening 25 new outlets this fiscal.

The company has a capacity size of 75,000 pairs per day, will spend Rs 5 crore for setting up new manufacturing facility in Himachal Pradesh (HP) next year.

Footwear maker Liberty's Executive Director Sunil Bansal stated that the retail segment in the country is booming and with the opening of malls and department stores across the country they want to cash in on the same and cater to each kind of customer.

He added that with this, they anticipate that during the next five years, they will be touching a level of Rs 600 crore from the turnover of Rs 250 crore achieved last fiscal, he said.

Liberty Group, which diversified into sanitary ceramic products recently, has plans to set up a chain of 25 mega showrooms for its footwear products.

Bansal included that the company is planning to launch 10 Revolution Stores and 15 exclusive outlets in Lucknow, Delhi, Indore, Ghaziabad, Ludhiana, Pune, Kanpur and other potential cities.

The company, having market share of about 15 per cent in the total organised footwear market size of Rs 1,800 crore, has also tied up with stores such as Pantaloon, Life Style, Westsides and Metro for displaying their products in these showrooms. Liberty group has also made arrangement with retail giant Wal-Mart, Rebook and Nike for supplying itsfootwear to them.

He also stated that at present, the company is exporting its products to more than 30 countries including Saudi Arabia, Australia, Uganda, Columbia, Finland, Bangladesh, Germany and Russia with an annual export turnover of Rs 70 crore.

The Economics Times


Must ReadView All

Pic: Anton_Ivanov / Shutterstock.com

Retail | On 27th Jan 2022

UK retail sales volumes fall at fastest rate in 11 months in Dec 2021

UK retail sales volumes fell by 3.7 per cent in December 2021, the...

Pic: Shutterstock

Textiles | On 27th Jan 2022

New train route links China’s Suzhou city to Milan in Italy

A new China-Europe freight train route has been started between...

Pic: Shutterstock

Apparel/Garments | On 27th Jan 2022

UN-WTO report underrates Bangladesh's RMG industry progress: BGMEA

The recent United Nations-World Trade Organisation joint report has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Klaus Bergmann,

Klaus Bergmann

German company Erbatech GmbH develops, designs and manufactures high end...

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Susanna Koelblin,

Susanna Koelblin

Founded in 1920, Eastman is a global specialty materials company that...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Sujata & Taniya Biswas, Suta

Sujata & Taniya Biswas
Suta

Founded by <b>Sujata and Taniya Biswas</b>, Suta is a humble brand which...

Carmen Emanuela Popa, Label - Carmen Emanuela Popa

Carmen Emanuela Popa
Label - Carmen Emanuela Popa

<b>Carmen Emanuela Popa,</b> a Romanian fashion designer, is known for her ...

Gaurang Shah, Label Gaurang Shah

Gaurang Shah
Label Gaurang Shah

Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...

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

ESTEEMED CLIENTS

Maceton Limited
Recron Polyester from Reliance Industries Limited
Arvind Limited
SHAHI Exports Pvt Ltd
Grasim Industries Limited
IDH – The Sustainable Trade Initiative
Sportswear Company Spa
Abit
Phong Phu international JSC (PPJ)
Calvin Klein
Splash
Esprit Europe Services GmbH
Page Industries Limited (Bangalore)
Eastman Chemical Company
Babyshop
NITI Aayog
Bluestem Global Sourcing Limited
Asos
Gloria Jeans
Permoda(Koaj/Armi/Pronto/Bkul)
Truetzschler India Private Limited
Sateri (Jiujiang) Fiber Co.,Ltd
Groz-Beckert East Asia LLP
Huntsman (Singapore) Pte Ltd
Hela Clothing Pvt Ltd
Helly Hansen Far East Ltd
Boardriders Asia Sourcing Limited
Lifestyle
Sainsbury's Argos Asia Limited
MAS Active / MAS Kreeda / MAS Bodyline
Decathlon
BIMBA ;& LOLA SL
Green Fibre
Target Corporation (MN)
The Top Form Brassiere Manufacturing Company Limited
Vianney Textil Hogar S.A. De C.V.
Alix Partners
Under Armour Global Sourcing Ltd
Lacoste (Wanchai)
LC Waikiki
G-Star Raw C.V.
Puma
Guess Europe Sagl,
Rosset ;& Cia Limited
Lisa S.P.A.
Chico’ FAS
J ;& P Coats
H;&M Hennes ;& Mauritz (Far East) Ltd
KIABI
Gap International Sourcing Limited
Tchibo GmbH
Hirdaramani International Export Private Limited
Desigual - ABASIC, S.A.
Benetton Group
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Landmark Group
TESCO INTERNATIONAL SOURCING LIMITED
BIANCA
KAS Direct Sourcing
Aquarelle Clothing Limited
Midas Clothing Limited
Chori Company Limited
Restoque S.A.
Gatsby Africa
Tommy Hilfiger
International Textile Manufacturers Federation
Cat Tuong Real Estate Group Joint Stock Company
SYNERGIES HONG KONG LIMITED
Seasalt Limited
Lululemon Athletica Inc
John Varvatos
IKEA of Sweden AB
THE BOMBAY DYEING ;& MFG.CO. LTD
T.T. Limited
Reiter India Private Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Sportmaster Ltd.
Rayonese Textile Inc., Division de Culp Inc.
Brandix Lanka Limited
Tory Burch Hong Kong Ltd
Lenzing Aktiengesellschaft
The LYCRA Company Singapore  Pte. Ltd
Amazon China
Vardhman Textile Ltd
Gokaldas Exports Limited
OVS Hong Kong Sourcing Ltd.
Walmart
Alison Hayes Romania
PVH Corporation
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES

January 2022

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


Advanced Search