Liberty Shoes aims to hit a turnover of around ₹1,000 crore by 2022, according to Anupam Bansal, director for retail, who said the company will open about 100 stores for tier-II, III and IV towns every year and strengthen its distribution network for a wider reach in multi-brand stores.

Liberty offers 522 collections for women, 890 for men and 154 for kids.

About 15-18 per cent of the company’s profits are ploughed back into research and development, Bansal told Fibre2Fashion in an interview.

For full interview, please click here.