Category: Footwear news

Footwear-maker Khadim India gets go-ahead from Sebi to float IPO

Footwear-maker Khadim India gets go-ahead from Sebi to float IPO

New Delhi: Footwear retailer Khadim India has received capital markets regulator Sebi’s approval to raise an estimated Rs 550-650 crore through an initial public offering. The company had approached Securities and Exchange Board of India (Sebi) with its draft red herring prospectus in July and received its ‘observations’ on September 13, which is necessary for any …

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These Spooky Nike Sneakers Are Coming Out for Halloween

These Spooky Nike Sneakers Are Coming Out for Halloween

Nike’s getting in the mood for Halloween with a spooky kids-exclusive retro style that recently surfaced on social media. Here, the Air Foamposite One gets covered in bats and crimson shades, with vampire fang embroidery at the heel. The black Foamposite shell upper is accented with leather at the heel and eye stay, while a velvet like a liner …

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Russia’s footwear market ‘stabilises’

Russia’s footwear market ‘stabilises’

One of Russia’s largest shoe retailers has confirmed positive momentum in the domestic footwear market, with a 2% rise in revenue to $72 million and a near-40% rise in profit for the first half of the year. Obuv Rossii operates five footwear retail networks, the biggest of which is Westfalika, which sells leather and sheepskin …

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Adidas likely to trim down 25% of its Business in INDIA

Adidas likely to trim down 25% of its Business in INDIA

After Nike India, German sportswear-maker Adidas is planning to cut workforce and franchise partners in India. According to a report in the Times of India, Adidas could reduce its workforce by nearly 25 percent in coming months. It is also reportedly in talks with Reliance Brands to transfer its franchise business. However, an Adidas spokesperson …

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ASICS steps up India expansion, eyes over 20 stores by 2018

ASICS steps up India expansion, eyes over 20 stores by 2018

Picture Credit : ASICS New Delhi : Japanese performance sportswear firm ASICS is stepping up expansion in India with plans to add over 20 mono-brand stores by next year. It is also intensifying presence on e-commerce platforms while growing business through regional distribution channels to cater to growing demand in tier II cities. The company, which sells its footwear and …

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Future Footwear that will change the shoe Industry

Future Footwear that will change the shoe Industry

Here are Some amazing examples for Future Footwear- Fashion is always moving forward, and designers are starting to incorporate all kinds of technology into their garments. We’ve seen high-tech dresses, jackets, and other pieces hit the market, but one of the most interesting intersections between science and fashion is in shoes. Scientific progress has always …

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Digitalize your Footwear Business with ShoeKonnect

Digitalize your Footwear Business with ShoeKonnect

Traditional business- Traditional footwear business is a local store which offers its services or products to its local customers. It is a set-up where customers will have to visit the store physically to buy the products. Problems while doing Traditional business – 1.  High marketing cost 2. Hard to find verified buyers 3. Payment risk & …

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Top 5 Sole Manufacturers in INDIA by ShoeKonnect

Top 5 Sole Manufacturers in INDIA by ShoeKonnect

Here are the top 5 sole manufacturers of India which are preferred by Footwear Manufacturers of India and Middle Eastern Countries. 1. Mr. AshwaniSachdeva is the Director of Alert India (P) Ltd ALERT Soles is not just a company manufacturing soles, but a trendsetter in style, fashion& technology. Soles, of course, are no longer seen as just …

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Top 10 Shoe Brands preferred by Footwear Retailers in INDIA

Top 10 Shoe Brands preferred by Footwear Retailers in INDIA

Here are the top 10 footwear brands in India which are preferred by Footwear Retailers because of their market demand , Margins and Stock Turnover in the Footwear and Leather Industry. 1. Bata is the biggest retailer and manufacturer of shoes in India. It has more than 5000 retail stores in the different parts of …

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