Page 2 - Metro Brands

Foot Locker set for entry in India, signs deal with Metro Brands, Nykaa

"These agreements will enable Foot Locker to efficiently access the large and growing sneaker market in India," Nykaa said

Shopping frenzy: Black Friday set to brighten up sales over the weekend

Brands expect double-digit growth in sales, go all out to woo shoppers

This footwear stock in Jhujhuwala's kitty is now up 158% over IPO price

Shares of Metro Brands that boasts of Metro, Mochi, Walkaway, Crocs and Fitflop brands, hit a record high of Rs 1,292, rallied 15% in intra-day trade on the BSE.

LVMH, Gucci to expand in India with new outlets in Reliance's luxury mall

The mall, which an industry source said is likely to open this year, is located inside Reliance's $1 billion business and cultural hub in Mumbai

Reliance Retail opens Metro Cash & Carry stores; to continue wholesale biz

Last December, Reliance Retail Ventures acquired Metro Cash and Carry India for Rs 2,850 crore

Stocks to Watch on Aug 2: HeroMoto, Campus Activewear, Adani Wilmar, Titan

Stocks to Watch today, August 2, 2023: According to reports, Campus Activewear is expected to see a block deal for eight million shares at a price of Rs 295-300 apiece.

Metro Brands Q1FY24 results: Net profit at Rs 106 cr YoY; revenue up 11%

The total income for Q1FY24 came in at Rs 571.71 crore, compared to Rs 506.39 crore YoY

Reliance Retail begins layoff as JioMart B2B consolidation starts

Following the METRO buy, it shuts a few warehouses as part of the integration exercise

Charts exhibit bullish trend for Mastek, Metro Brands: HDFC Securities

According to the technical analyst, Mastek resumed its uptrend after running correction from recent swing high, whereas shares of Metro Brands broke out from multi-week consolidation

Footwear stocks rally; Khadim, Liberty Shoes, Superhouse zoom up to 20%

Bata India, Metro Brands, Sreeleathers, Relaxo Footwears and Campus Activewear were up in the range of 2 per cent to 7 per cent

After strong Q3 show, Metro Brands growth outperformance may continue

It is expected to support its rich valuations

Metro Brands Q3 net profit up 11.2% to Rs 113 cr; revenue from ops jump

Footwear retail chain Metro Brands Ltd has reported an increase of 11.19 per cent in consolidated net profit at Rs 112.99 crore for the third quarter ended December 2022

Metro Brands, Bayer Crop are ready for range breakout, says Mehul Kothari

According to the technical analyst from Anand Rathi, Metro Brands can rally to Rs 910; while Bayer Cropscience can surge to Rs 5,200.

Big shoes to fill for footwear firms as near-term margin worries bite

Relaxo lags behind peers in the quarter, given demand weakness, price cuts, and higher input costs

Metro Brands acquires 100% shareholding of Cravatex Brands

Footwear retail chain Metro Brands has signed a share purchase agreement to acquire 100 per cent shareholding of Cravatex Brands to expand its presence in the sports and athleisure space in India, a regulatory filing said on Wednesday. BSE-listed Cravatex Brands is a retail, brand licensing, distribution and sourcing company that has the exclusive long-term license for the Italian sportswear brand FILA, owns sportwear brand Proline, and represents other international brands. The acquisition is based on fulfilment of closing conditions by both parties. Paragon Partners, an existing investor in Cravatex Brands Limited, will also sell its entire stake as part of this transaction, Cravatex said in the filing. "This acquisition fits our strategic vision at Metro Brands Ltd to leverage our expertise in brick and mortar and e-commerce retail while serving the growing need of the consumer in the sports and athleisure category. "We are truly committed to our vision to be India's largest ...

Footwear shares extend rally; Liberty Shoes, Campus Activewear at new highs

Union Minister Piyush Goyal on Friday said India's footwear sector has immense potential, and it can increase production and exports 10 times in the near future.

Metro Brands extends rally on strong outlook; zooms 69% in 2 months

Going forward, the growth momentum is expected to pick up and the footwear sector is estimated to reach Rs 1.4 trillion by FY 2024-25

Footwear stocks in focus: Metro Brands, Campus can gain 10%, charts show

Among individual stocks, Liberty Shoes has witnessed a 'Golden Cross' on the daily chart, and can potentially rally up to 15 per cent.

Zomato, 4 others zoom up to 45% in August; charts suggest more strength

Zomato and Metro Brands may see an upside of up to 32 per cent, while JSW Energy, Kensai Nerolac, and Hikal could surge up to 11 per cent.

Shares of cos having Rakesh Jhunjhunwala's investments settle on mixed note

Among the firms in his portfolio, Aptech shares dipped 0.04 per cent to settle at Rs 232.65 on BSE after falling 5.92 per cent to Rs 218.95 during the day.