Bata

Under the scheme, prices across Bata outlets reflect a 7 per cent reduction, with the company absorbing the differential to pass on immediate savings to buyers, the company said in a statement.Footwear has seen GST cut from 12 per cent to 5 per cent.

Why Bata continues to lose market share in the low-priced segment?

CEO Shah sees a double blow from GST and raw material cost hike, compounded by a growing prominence of private labels like Zudio and Westside behind the loss of market share for Bata

Bata eyes festive season boost, expansion as e-commerce drives growth

As part of its premiumisation strategy, Bata will continue to enhance the value of its products while maintaining a focus on affordability for its traditional customer base. Shah highlighted the success of the brand Floatz, which offers casual and comfortable footwear at competitive prices, as an example of this approach.

Indicator flashes 'buy' in these 3 stocks with build-up of positive momentum

Volatility is expected to return to the markets which has been declining steadily since February 2024. After slipping by 30 percent from February highs, the India VIX gained 3 percent on Friday

Short Call | Global economy goes into a tailspin, but India growth story stays intact; Escorts, Bata, REC in focus

The India growth story is intact, but can our high valuations sustain in the backdrop of a bleak global economy?

Bata in partnership talks with Adidas for Indian market

The talks are likely in advanced stage and final deal contours are in the works.

Hold Bata; target of Rs 1650: ICICI Direct

ICICI Direct recommended hold rating on Bata with a target price of Rs 1650 in its research report dated August 10, 2023.

Short Call | Inflation a spoilsport; bulletproof fluorochems; Voltas, Abbot, Bata, Vedanta in focus

Kotak cautions investors that India’s relatively strong macro-economic position cannot be taken for granted. Reasons: rising food prices, rising crude oil prices, weak tax collections and inflation likely to stay elevated

LIVE: Rebound Seen In Nifty & Sensex; Indigo & Bata in focus | Closing Bell

Indian markets staged at a comeback in the second half of the session after erasing early gains. Nifty and Sensex are back in the green with Nifty reclaiming the 18,200 mark. Mid and smallcap indices were under pressure. Nandita Khemka & Yatin Mota discuss the newsmakers on their radar including Integlobe Aviation (Indigo), Bata India and PNB Housing Finance only on Closing Bell

Bata Q3 consolidated net profit rises 15 % to Rs 83 crore

Consolidated revenue from operations during the quarter under review stood at Rs 900.21 crore as compared to Rs 841.3 crore in the year-ago period.

Bata India Q2 profit rises 47% to Rs 55 crore; net sales up 35% at Rs 830 crore

The company had posted a net profit of Rs 37.18 crore in the July-September quarter a year ago, Bata India Ltd said in a BSE filing.

Bata says kids returning to schools aided growth after firm reports highest quarterly sales

Bata India on Thursday reported its Q1 earnings with the revenue from operations seeing an over three-fold jump to Rs 943.01 crore from Rs 267 crore in the pandemic-hit Q1 FY22.

Bata India Quarter 4 net profit jumps over two-fold to Rs 63 crore ; net sales up 13% to Rs 665 crore

New Delhi, May 25 Shoemaker Bata India Ltd on Wednesday reported over two-fold increase in its consolidated net profit at Rs 62.96 crore for the fo..

Increase in footwear prices may lead to drop in demand, hurt manufacturers

Higher tax rates and raw material costs may hurt small manufacturers of footwear, which form the largest chunk of the industry

Bata expects 30% stores to be run on franchise model in about 4 years

Bata presently has around 15 per cent of the store on a franchise model, and expect it to increase "incrementally" in the coming years. "230 is the current count last quarter (franchise) out of 1,500 stores. I am sure that this mix will increase incrementally... So I am sure that this 15 will definitely double in the next three-four years, to over 30 per cent of our network," he added. The company is adopting a two-pronged approach, making sure that it is more and more accessible and easier for consumers to purchase, whether its franchise or multi-brand outlets or digital. However, he also added the youths between the 20 and 30 year age group are going to drive the disposable as well as the consumption going forward, largely centred in the urban markets. "Metros are contributing to about 30 per cent of our turnover... I think between the metros and tier I & II cities there would be 60 per cent kind of a play of Bata," he added. The balance of 40 per cent would come from the markets below, he said adding an expansion of e-commerce has happened in downwards markets also.

Looking at India as a strong supply chain base, says Bata CEO Sandeep Kataria

Bata will be looking to hire a dedicated India CEO soon, Sandeep Kataria said.

Bata names Sandeep Kataria as global CEO, first Indian in top role

Kataria takes over from Alexis Nasard, who is stepping down after almost five years in the role.

Bata to use multi-channel retail strategy to reach more customers

The company, which has a retail network in 450 towns, is further expanding by adding new stores in smaller towns through franchise route.

Bata to add 500 more stores in next 5 years on franchise model

The company has identified tier II, III and IV cities where it has plans to broaden its sales network through the franchise model, Bata India said in a statement.

Bata fined Rs 9,000 by consumer forum for making customer pay Rs 3 for paper bag

A Chandigarh resident informed the consumer forum that despite levying charges on the paper bag, Bata was endorsing its brand on it, which is not fair,

Footwear companies: Which brand should you wear today?

What makes us bullish on Sreeleathers is its ability to outperform peers every quarter on the margin front, underscoring the management’s strong execution capabilities.

Sell Bata, Havells India; buy ITC: Yogesh Mehta

Yogesh Mehta of Motilal Oswal Securities is of the view that one can sell Bata India and Havells India and can buy ITC.

Buy JP Associates, Bata; sell Canara Bank, L&T Finance, Repco Home, BOI: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy JP Associates and Bata India and can sell Canara Bank, L&T Finance, Repco Home and Bank of India.