Metro Shoes

The CEO added that consumers are also beginning to see value in purchasing premium footwear as it not only looks good but also lasts long

Stock of the day I Metro Brands I Store & online expansion, acquisition, accessories sales focus

Metro Brands is aggressively expanding its store network to tap the long-term strong demand prospects. The company is on track to achieve the guidance of 260 store openings over the next few years. Metro Brands is looking to premiumise its product portfolio by introducing more premium products. The company is also scaling up the online as well as the accessories business, both of which currently contribute about 10 percent of the overall revenues.

Ideas for profit | Metro Brands: One of the best performing retail stocks; Should you buy?

Metro Brands posted its best-ever quarterly results in Q1FY23. With aggressive store expansion and a strong growth outlook, it has efficiently managed the inflationary cost pressures, reporting margin improvement in June’22 quarter. The stock has hugely outperformed the market and MC Pro retains a positive view on MBL, and advises investors to add the stock to their portfolio. Here’s why

What helped Metro Brands’ record performance in Q1?

Metro Brands, which sells footwear and accessories under in-house brand names such as Metro Shoes, Mochi, Walkway, and partner brands like Crocs, reported an almost fourfold jump in June quarter revenue.

A pan-India presence has given Metro Brands an edge both online and offline: Promoter family

Farah Malik Bhanji and Alisha Malik say the company’s broad footprint enables it to reach customers across the country and service online footwear and fashion orders speedily.

How Metro Brands’ massive offline reach helps widen its online footprint

Metro Brands has seen massive growth in the digital channel. Farah Malik Bhanji and Alisha Malik, two members of the promoter-founder family, talk to Anuradha Sengupta in an episode on the ‘Life After Listing’ show and discuss what has helped the surge in sales from the online channels.

Metro Brands IPO opens today. Should you subscribe to the issue?

MBL has an asset-light business, strong brands and a wide range of products, but these positives seem to have been captured in the valuations, noted Angel One, which differed from the consensus view.

We aspire to become the largest specialty footwear, accessories retailer in India: Rafique Malik of Metro Brands

IPO-bound Metro Brands, which operates 598 exclusive and multi-brand outlets across the country for its in-house and partners like brands Metro Shoes, Mochi, Walkway and Crocs, plans to open 260 more stores over the next few years.

Tata International launches Aerosoles shoes

"We have already invested USD 1.5 million to start off in terms of merchandise and in terms of shop refits and advertising. Going forward, the investment will come in a phased manner," Tata International global business head for footwear and leather garments N Mohan told PTI.