Liberty Shoes is planning to increase prices of majority of its products by up to 10% from September to offset higher tax to be levied on footwears costing above Rs 500 under the GST regime. There is enough stock available in the supply system at different levels and will take three months to clear existing stock.
Liberty Shoes is the flagship company of the Karnal (Haryana) based Liberty Group. The group has presence in Indian footwear industry for the last six decades. LSL is engaged in the business of manufacturing and selling leather and non-leather footwear.
