Shoes
Bata India profit rises 72% to Rs 119 cr; net sales up at Rs 943 cr in Q1
Bata India on Thursday reported a 71.82 per cent rise in consolidated net profit at Rs 119.37 crore for the first quarter of FY23 as the shoemaker achieved the "highest ever quarterly sales". The company had posted a net profit of Rs 69.47 crore in the April-June quarter a year ago, Bata India Ltd said in a BSE filing. Its revenue from operations during the quarter under review was at Rs 943.01 crore, up over three-fold from Rs 267.04 crore in the pandemic-hit corresponding quarter of FY22. "A direct outcome of the continued focus on key thrust areas of franchise & MBO expansion, consumer relevant communication, portfolio casualisation and digital footprint expansion was reflected in the quarterly sales reaching a lifetime high," Bata India said its earnings statement. This was supported by a continuous increase in portfolio and marketing investments. Moreover, footfalls across retail outlets saw a significant growth besides sales through digital channels, it added. Bata India's .
 "Bata India profit rises 72% to Rs 119 cr; net sales up at Rs 943 cr in Q1")
Footwear firm Khadim India celebrates founder's 96th birth anniversary
Khadim at present has expanded to 799 retail outlets and has a network of 575 distributors
 "Footwear firm Khadim India celebrates founder's 96th birth anniversary")
Small shoe firms in Agra squeezed by material costs, fading demand
Small firms, which employ about 110 million Indians and account for 45% of manufacturing, were hit the hardest
 "Small shoe firms in Agra squeezed by material costs, fading demand")
Campus shoes IPO expected to hit in May; company to expand distribution
Campus Activewear plans to expand its distribution network and deepen its footprints in western and southern regions
 "Campus shoes IPO expected to hit in May; company to expand distribution")
Fitness, health contributed to our success in 2021: Puma's Abhishek Ganguly
How did Puma India manage strong top line growth in 2021 despite it being a challenging year?
 "Fitness, health contributed to our success in 2021: Puma's Abhishek Ganguly")
ASICS to add 18 stores in India during 2022, eyes 25% business growth
Japanese performance sportswear firm ASICS plans to add 18 stores to its sales network in 2022 expanding its footprints in India further
 "ASICS to add 18 stores in India during 2022, eyes 25% business growth")
Why Nike sued Satan but spared Jesus
Satanism is not a theme Nike could be seen to be associated with in any which way
Bootstrapping tales of an ordinary Joe
Book review of Shoemaker: The untold story of the British family firm that became a global brand
 "Bootstrapping tales of an ordinary Joe")
A bunch of homegrown shoe labels is changing how men dress up their feet
A lower price point has been a major driver of success for these brands
 "A bunch of homegrown shoe labels is changing how men dress up their feet")
Brown is the new black in shoes for the aspiring Indian male office goer
Indian males are opting for stylised brogues and heels, while double monk and loafers are making inroads into the formal footwear range dominated thus far by closed-lace Oxfords and Derbys
 "Brown is the new black in shoes for the aspiring Indian male office goer")
Asics Gel-Nimbus 22 review: A running shoe that leaves little to be desired
The shoe ticks all the boxes: exciting design, responsive midsole, and a robust build ideal for not only running, but also the gym
 "Asics Gel-Nimbus 22 review: A running shoe that leaves little to be desired")
Nike's fastest shoes may give runners even bigger advantage than we thought
Runners who wear Nike's fastest shoes may have a 4 to 5% advantage over others during races
 "Nike's fastest shoes may give runners even bigger advantage than we thought")
We've found the right balance between online & offline, says PUMA India MD
We don't want one to grow at the cost of the other, PUMA India MD tells Shubhomoy Sikdar
 "We've found the right balance between online & offline, says PUMA India MD")
Lotto Breeze VH: A sound, easy-on-the-pocket running shoe for beginners
Designed for the excruciating summer heat, Breeze VH is a lightweight runner that comes with a host of coolness features - Lotto claims that the perforated surface of insole ensures greater coolness
 "Lotto Breeze VH: A sound, easy-on-the-pocket running shoe for beginners")
HOVR Infinite: Under Armour's latest running shoe offers a sturdy ride
It may not be the best pure running shoe around, but its remarkable efficiency makes it an excellent everyday option
 "HOVR Infinite: Under Armour's latest running shoe offers a sturdy ride")
How to tell the difference between several kinds of men's dress shoes
From Oxfords to Derbys, here is the guide to different men's shoes which may help you tell the difference
 "How to tell the difference between several kinds of men's dress shoes")
The new Adidas Ozweego, a retro sneaker with an eye on the future
The latest 'dad sneaker' by Adidas perfectly fuses retro elements with a brilliant futuristic design, says Dhruv Munjal
 "The new Adidas Ozweego, a retro sneaker with an eye on the future")
The Asics Gel-Kayano 26 is a running pair designed for the long haul
The Gel-Kayano 26 is a modern running pair with comfort at its core, writes Veer Arjun Singh
 "The Asics Gel-Kayano 26 is a running pair designed for the long haul")
Shoemakers feel the pinch of weak rupee, closure of tanneries in UP
According to industry sources, shoe companies are contemplating increasing prices
 "Shoemakers feel the pinch of weak rupee, closure of tanneries in UP")
Nike, Puma and Adidas: Three for the run
All shoes felt comfortable with socks and without
 "Nike, Puma and Adidas: Three for the run")
