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Liberty Shoes adds 37 new exclusive stores during H1 FY14-15

14 Oct 2014 Evaluate

Liberty Shoes, a leading shoe manufacturer, under its retail expansion programme, has added 37 new exclusive stores in Company Owned & Company Operated (COCO) and franchisee format during the first half of the financial year 2015. The company has further ambitious plans to expand its existing number of stores in future also. The board of directors at their meeting held on October 13, 2014 has taken the note of it.

The board also took note of credit rating of Long Term Bank Facilities of the company which has been upgraded to ‘A (-)’ by the Leading Credit Rating Agency during the quarter under consideration.

Liberty Shoes is amongst the top 5 manufacturers of leather footwear of the world producing more than 50,000 pairs a day using a capacity of more than 3 lakhs square feet of leather per month.

Liberty Shoes Share Price

269.65 5.95 (2.26%)
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