Footwear retail

The ongoing pandemic has forced the whole of the footwear industry to retrace its steps. With sales of formal shoes declining and consumers working from home, the footwear brands are turning towards casual and open footwear. While giving a great opportunity to brands in the open footwear category, in the likes of Solethreads, this trend ...

Pastels and Pop, a handcrafted shoe brand, has launched its flagship store in Bengaluru. Many leading celebrities like Anushka Sharma, Sonam Kapoor, Karishma Kapoor, Sara Ali Khan, Sonakshi Sinha, Malaika Arora, Taapsee, and more are among its clientele. This will be Pastels and Pop’s first-ever comprehensive shopping experience store for fashion enthusiasts in India. The ...

German sportswear giant adidas has agreed to sell its ailing Reebok unit to the US company Authentic Brands Group in a deal worth $2.5 billion. adidas bought Reebok in 2006 but announced that it would offload the brand in February this year after struggling to lift the brand's fortunes. The intended sale was announced as part of the Bavarian group's five-year ...

The magnification of the Indian fashion and lifestyle market has given a push to the footwear industry as well. From a fundamental need-based industry, it has become an evolving fashion and style category. The footwear market in India, like its international counterparts, has always been broadly categorized into three segments - men’s, women’s and children’s. ...

Walkaroo, which is a homegrown footwear brand from U4ic International, is planning to double its turnover by the fiscal year 2020. The footwear brand is focusing to exactly double its turnover from Rs 500 crore to Rs 1,000 crore this fiscal. Walkaroo was established in 2013 which catered to the footwear space with sports sandals ...