Bata India to add 100 stores in FY20

03 Aug 2019 Evaluate

Bata India is planning to add around 100 stores in the 2019-20 fiscal, while downing shutters of 25-30 non-viable outlets. The company is also looking to open 500 franchisee stores over a period of five years. The company had opened 71 new retail and 51 franchisee stores, and renovated 47 outlets across India in 2018-19. It had also relocated 14 stores and closed 28.

Moreover, the company has invested Rs 260 crore during the last three years for modernisation of its manufacturing facilities and renovation of retail stores.

Bata India is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization. The company manufactures footwear for men, women and children. The company manufactures shoes of various quality such as leather, rubber, canvas and PVC shoes.


Bata india Share Price

1409.80 -2.75 (-0.19%)
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