Bata India, India's largest footwear retailer is looking to get even bigger with plans to open about 110 more stores this year. Bata has just opened 65 stores in FY18 already. In an interview to CNBC-TV18, Rajeev Gopalakrishnan, MD and CEO of the company discussed that and more about the company’s plans going forward.
The company‘s key focus is to grow in double-digit and scale up margins going forward, said Rajiv Gopalakrishnan, Managing Director & President-South Asia, Bata India.
Group MD of Bata India Rajeev Gopalakrishnan said that the company had shut almost 35 stores in this quarter, but it is likely to open bigger stores in same location, so its turnover is lower.
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