Shah takes over next month; Sandeep Kataria, Bata India's current CEO, has been elevated to the position of global CEO
Demand for designer shoes last year slid 21 per cent globally compared to a 19 per cent slump for the broader footwear market
The Footwear Design and Development Institute (FDDI) is setting up seven centres of excellence at some of its campuses with an aim to develop new product designs and provide technical support to the industry, a senior government official said. The institute comes under the aegis of the commerce and industry ministry. FDDI Managing Director Arun Kumar Sinha said the work for setting up of these centres is going at a fast pace and "we are expecting that they would be operational by March next year". These centres are coming up at Noida (centre for R&D, course development), Rohtak (centre for non-leather footwear) , Kolkata (centre for leather goods), Chennai and Hyderabad (centre for design), Patna (centre for leather finishing innovationand product retailing) and Jodhpur (specialised footwear). These centres are being set up with a total outlay of about Rs 129 crore. FDDI has total 12 campuses in different parts of the country. "The centres of excellence would act as a single point
Focus on casual footwear, taking brand to consumers among key measures
Says it may require support from government in the form of reduction in GST, especially for footwear priced above Rs 1,000
Indian males are opting for stylised brogues and heels, while double monk and loafers are making inroads into the formal footwear range dominated thus far by closed-lace Oxfords and Derbys
Store expansion plans in tier-2, 3 towns will aid top line, margins
Market share gains and focus on product premiumisation are helping these segments
Choose a shoe with a squared or rounded toe-box
The purpose of GreenSole was to create a self-sustaining infrastructure that facilitates the provision of the basic necessity of footwear to everyone by refurbishing discarded shoes
Incorrect or ill-fitting footwear is a recipe to many foot ailments, which catapult into bigger problems if not rectified at the correct stage