Hotline: 1800 102 2007
X
Search Business Opportunities
Mar, 28 2019

Bata India plans to launch 500 franchise stores in next 4-5 years

Currently, the company has 1,500 stores that also sell brands such as Power and Hush Puppies.

Bata India, India’s largest shoe retailer, is planning to open 500 franchise stores over the next four-to-five years. Currently, the company has 1,500 stores that also sell brands such as Power and Hush Puppies.

Sandeep Kataria, CEO of Bata India, said, "Demand has been good than earlier years. They have been growing in double-digits with robust growth coming in from tier 3 and 4 towns including the franchise stores. There has not been a big difference in terms of growth in bigger towns and tier 3, 4 towns. The third quarter was very good for the company."

"One of our big strategies over the last three years have been about premiumisation, to bring in novelty, bring in new ideas, new articles into our shelves and offering more to the consumer in terms of fashion, comfort, innovation and being able to charge a little bit more. So we are still a great value for our consumer," he added.

Kataria further stated, "The company has a target of 500 franchise stores over the next 4-5 years and would also continue to open more company-operated stores. This will help us to take the footprint of Bata in my more towns than we have had and that is a successful engine of growth for us."

Comment
image
Related opportunities
  • Dairy/F&V Stores
    About Us : Moo Cow was started aiming to be the bigest..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2011
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Automobile maintanance related
    About Us: Solitaire Ceramics was born to rewrite how car owners..
    Locations looking for expansion Delhi
    Establishment year 2009
    Franchising Launch Date 2010
    Investment size Rs. 20lac - 30lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Ice creams & Yogurt Parlors
    About Us: Established in the year 1956 at Fatehpuri Delhi, Giani..
    Locations looking for expansion New Delhi
    Establishment year 1956
    Franchising Launch Date 2014
    Investment size Rs. 10lac - 20lac
    Space required 80 sq ft-300 sq ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi New Delhi
  • Ice creams & Yogurt Parlors
    About Us: Gargi's Milkshakes, The one of newly introduced brand in..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities