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Bata India bolstering premium price points with fresh portfolios

16 Aug 2023 Evaluate

Bata India is bolstering the premium price points with fresh portfolios while it increases spending on advertising and promotions to connect with young digital-savvy consumers. The company, as part of its sales strategy, is expanding its presence in both channels - physical stores and online - and expects e-commerce to contribute 20 per cent of its total sales in the next two to three years.

Bata is also pushing for offline sales and expects strong growth to come from its expansion under the franchise system, where it plans to add another 125 stores in FY24 and increase its presence at multi-brand outlet (MBO) channels.

Bata India is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization.


Peers
Company Name CMP
Bata india 625.60
Relaxo Footwears 290.85
Campus Activewear 210.65
Liberty Shoes 227.70
Superhouse 160.60
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