All Bata India articles
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News briefs
Bata India’s sales slip on inflationary pressure
Bata India said that in the second quarter end Sept. 30 revenues fell by 1.3 percent year-on-year to 8,191 million rupee (€92.0m), despite expanding its retail network, as inflationary pressure affected demand. In September, annual inflation in India stood at 5.02 percent, down from 6.83 percent in August. Ebitda rose ...
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ArticleBata India is exploring a partnership in its local market
Bata India said that it is exploring the opportunity of a partnership in its domestic market but had no developments to announce. ”We would like to inform that the company continues to explore opportunities for strategic alliance / collaborations / tie-up for the Indian market and as and when matters ...
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News briefs
Bata India hires a new CFO
Bata India announced that on April 3 Anil Somani started as chief financial officer. He joins the footwear company from Reliance Digital Retail, where Somani was CFO for nearly six years. Previously, Somani was CFO at Infiniti Retail, a provider of technology products, services and solutions part of the Tata ...
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ArticleBrazilian, Indian footwear stocks outperform in a weak environment
In the first quarter of 2022, the share prices of footwear companies fell sharply, tracking global equity markets lower. But, the Indian and Brazilian companies that we monitor for our stock performance survey outperformed their peers over the period.
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News briefs
Bata India names a new CEO
Bata India , which is India’s largest footwear retailer and the largest business of Switzerland-based Bata , has appointed Gunjan Shah as chief executive, effective June 21. He joins the company from the Indian food and beverage group Britannia and replaces Sandeep Kataria , who was promoted ...
