NEWS

West Bengal to Invest in Calcutta Leather Complex

The state government of West Bengal has decided to inject approximately 100 billion rupees into the Calcutta Leather Complex. This investment will lead to the establishment of 187 tanneries and 139 footwear units, creating 250,000 new jobs. This will increase the total employment from 500,000 to 750,000. Chief Adviser to the Chief Minister, Alapan Bandyopadhyay, […]

NEWS

DROP IN GLOBAL FOOTWEAR PRODUCTION

By Amit Chopra In 2023, global footwear production decreased by 6% to 22.4 billion pairs, marking the lowest point in a decade, excluding the pandemic years of 2020 and 2021. The industry remains heavily concentrated in Asia, where nearly 9 out of every 10 pairs of shoes are manufactured, accounting for 87.1% of global production. China […]

NEWS

India’s First Foot Locker Store to Open in Delhi This October

Metro Brands Ltd. (MBL), will unveil India’s first Foot Locker store this October. The store, located in an upscale Delhi mall, will follow Foot Locker’s ‘Store of the Future’ concept, featuring a bold storefront, unique in-store atmosphere, expanded selection of footwear and accessories, a focus on sustainability, dynamic digital features, and other technological innovations. This […]

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