NEWS

HEYDUDE partners with Metro Brands Ltd. to enter the Indian footwear market

HEYDUDE, a Massachusetts-based footwear brand acquired by Crocs, Inc. in 2022, has announced its entry into the Indian market through a collaboration with Metro Brands Limited. Famous for its comfortable footwear for men, women, and children, HEYDUDE will debut in 25 retail stores across India. Its popular designs, such as the Wally and Wendy, are […]

NEWS

Carrefour to re-enter India in partnership with Apparel Group

French retail giant Carrefour is making a comeback in India after a decade, through a franchise partnership with Dubai-based retail conglomerate Apparel Group. Carrefour, which operates over 14,000 stores across 40 countries, initially entered the Indian market in 2010 but exited in 2014 due to business challenges and the inability to secure a partner for […]

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 Trend Watch

Montblanc presents a selection of thoughtful gifts

Synonymous with excellence in craftsmanship and design, Montblanc has been pushing the boundaries of innovation ever since the Maison first revolutionized the culture of writing in Ingenuity and imagination continue to be driving forces for the Maison today as it advances its expression of fine craftsmanship across product categories: writing instruments, watches, leather goods, new […]

International NEWS

Ted Baker to Close All UK Stores

No Ordinary Designer Label Limited (NODL), the company managing Ted Baker’s UK stores, went into administration in March. Following this, 15 stores were closed, and 245 positions at the store and head office were made redundant. Administrators from Teneo have now announced plans to shut all remaining UK stores within the next three weeks. Employees […]

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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