Breaking News India,Latest Franchise News India,Bata plans to open 500 franchise stores by 2023,India’s largest shoe retailer, Bata has set a of target of opening 500 franchisee stores over the next four-to-five years, according to its Chief Executive Officer Sandeep Kataria.

In an interview to Moneycontrol, Kataria said the company will continue to open more company-operated and franchise stores, which will help it to increase its footprint in more towns.

Kataria was speaking on the sidelines of India Fashion Forum 2019 held in Mumbai.

At present, Bata has 1,500 stores that also sells brands like Power and Hush Puppies.Talking about the business expansion, Kataria said, “Besides shoe and foot care, we have also expanded into ladies and men bags and with so much more to do there”.

“The company has a target of 500 franchise stores over the next 4-5 years and would also continue to open more company-operated stores. This will help us to take the footprint of Bata in my more towns than we have had and that is a successful engine of growth for us,” he added.



Related Post:

1. US sportswear Under Armour plans to franchise in india

2. Ahmedabad Juniors plans 10 franchise outlet’s in ahmedabad

3. Fila plans to open 100 stores in india by 2024

4. Miniso retail plans to expand indian products to Australia & US

5. Thomas Cook started new franchise outlet in delhi