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Footwear major <keyword id="19980586" type="General" weightage="80" keywordseo="bata-india" source="keywords">Bata India</keyword> has received a notice from the <keyword id="19980587" type="General" weightage="50" keywordseo="state-tax-officer" source="keywords">State Tax Officer</keyword>, Anna Salai Assessment Circle, Chennai, amounting to Rs 60.56 crore, the company said in a filing to the bourses on Thursday. The notice dated December 27, 2023, pertains to several issues raised in a final audit report on December 25, for the 2018-19 financial year, according to the filing. The issues raised include differences in turnover on outward supplies in the monthly GST returns, differences in tax on outward supplies in the GSTR-9 &amp; GSTR-9C returns, excess <keyword id="19980589" type="General" weightage="50" keywordseo="input-tax-credit" source="keywords">Input Tax Credit</keyword> (<keyword id="19896958" type="General" weightage="80" keywordseo="itc" source="keywords">ITC</keyword>) availed, and <keyword id="19980588" type="General" weightage="50" keywordseo="itc-reversal" source="keywords">ITC Reversal</keyword> on credit note. The company said it initially received an audit notice on April 27, 2023, and submitted relevant documents in response. Bata India was given a personal hearing on January 10, 2024, to present its case and provide further information on the disputed issues, as per the filing. The company expressed confidence in its ability to defend the case before the authorities concerned. "It is believed that the company has a good case to defend the matters without any material financial impact," Bata India said. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/webstories/new-electric-scooter-simple-dot-one-comparison-with-ola-s1-pro-electric-scooter/slidelist/106343351.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/webstories/new-electric-scooter-simple-dot-one-comparison-with-ola-s1-pro-electric-scooter/slidelist/106343351.cms" target="_blank">Simple Dot One vs Ola S1 Pro – price, range and features compared</a><a href="https://www.businessinsider.in/business/auto/news/popular-luxury-cars-in-india-in-2023/slidelist/106325299.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/popular-luxury-cars-in-india-in-2023/slidelist/106325299.cms" target="_blank">Mercedes-AMG SL 55 Roadster to Volvo C40 Recharge – The most popular luxury cars in India this year</a><a href="https://www.businessinsider.in/tech/mobile/news/iqoo-12-vs-oneplus-11-vs-samsung-galaxy-s23-the-battle-of-the-affordable-flagships/articleshow/106200031.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/iqoo-12-vs-oneplus-11-vs-samsung-galaxy-s23-the-battle-of-the-affordable-flagships/articleshow/106200031.cms" target="_blank">iQOO 12 vs OnePlus 11 vs Samsung Galaxy S23 – the battle of the affordable flagships</a>

Bata India gets ₹60 crore sales tax notice

<ul><li><keyword id="117184" type="COMPANY" weightage="20" keywordseo="Bata-India">Bata India</keyword> saw its profits fall by 45% in the first three months of 2020 because of the coronavirus pandemic.</li><li>Since the beginning of the year, its shares have fallen by 26.4%. </li><li><keyword id="6361456" type="ORGANIZATION" weightage="20" keywordseo="bata">Bata</keyword> has been ramping up its e-commerce presence and is now also taking orders through WhatsApp. </li></ul>The iconic footwear brand Bata saw its profits fall by 45% in the first three months of 2020 because of the coronavirus pandemic. Its profits stood at ₹573 million, down from ₹1052 million in the same quarter the previous year. Its revenue fell xx% to ₹6368 million. However, the company’s shares saw a slight jump and were trading at ₹1283.60 on Tuesday morning. But since the beginning of the year, its shares have fallen by 26.4%. <div type="image" title="Bata India." msid="75995464" hostid="261"></div> Although consumer sentiment has been dismal since the beginning of February as people stayed home and avoided crowds and malls, these numbers account for only 5 days of lockdown when the shops were shut. In the month of April, all of its stores were shut and it was able to open its stores in May. However, the 89-year old company in India is finally giving in to the demands of e-commerce. Bata has been ramping up its e-commerce presence and is now also taking orders through WhatsApp. “Given the ongoing crisis, we are expanding our e-commerce footprint via ramping our presence in online marketplaces allowing delivery in over 1300 cities, rolling out home delivery across 900+ stores and giving customers the option to shop from homes via WhatsApp chat with our neighborhood stores,” said Sandeep Kataria, CEO, Bata India. But even after lockdown, consumers are going to be cautious about their spending.In lieu of a global recession, people aren’t going to loosen their purse strings. “After the control of the spread of the coronavirus and post the lock-down period, the spending as well as shopping patterns of the consumers are expected to change significantly. The consumers are likely to curtail their discretionary spending with reduced income in their hands as well as tendency to preserve cash,” said a report by CARE ratings. However, Bata is confident. “While the pandemic will have an impact on consumer behavior and demand, we believe brands such as Bata are strong trust marks and with the investment in our quality over the years and safety in stores to build confidence, we will gain share as consumers tend to avoid risk post the crisis,” said Kataria. See Also: <a href="https://www.businessinsider.in/stock-market/news/dmart-share-price-falls-sharply-as-earnings-estimate-for-radhakishan-damani-owned-retail-giant-gets-cut/articleshow/75991907.cms">DMart’s management painted a scary picture of the next few quarters ⁠— the shares of Radhakishan Damani’s company fell 5%</a> <a href="https://www.businessinsider.in/business/corporates/news/dabur-fourth-quarter-results-and-share-price-chart/articleshow/75991489.cms">Dabur Chyawanprash was in the minds of immunity-seeking Indians amid COVID-19 lockdown⁠— the earnings will show if they bought enough of it</a>

Bata India’s quarterly profit nearly halves– the 89-year old company has resorted to home delivery and wooing customers via WhatsApp

New Delhi, July 13 () Footwear major Bata India Ltd on Monday said it is going slow on new store openings in the wake of the coronavirus pandemic but will continue expanding into new towns through franchise route. Disclosing the impact of COVID-19 in a regulatory filing, Bata India said after the relaxation of lockdown it has so far reopened more than 1,200 of its 1,400 stores across the country but restrictions are in place on number of days and hours of operations. "All our office establishments, manufacturing plants and warehouses have started operations as per the respective state guidelines," the filing said. Bata India's revenue from operations for the quarter ended March 31, 2020 stood at Rs 619.70 crore, down by 9 per cent as compared to the corresponding period previous year "primarily due to suspension of the company's stores towards second half for the month of March 2020 as per government directives for COVID- 19". On its ability to maintain operations, the company said: "As we went into the Covid-19 scenario with stock in our hand, that stock is there and the requirement for the factories to produce is only limited." Commenting on the estimation of the future impact of the health crisis, the company said: "While the pandemic will have an impact on consumer behaviour and demand, we believe brands such as Bata are strong trust marks and with the investment in our quality over the years and safety in stores to build confidence, we will gain share as consumers tend to avoid risk post the crisis." It further said: "The company is going slow on new store openings but will continue expanding into newer towns via the franchise route." Strengthening its digital channel, Bata India said it has "also increased its focus on e-commerce channels and its own website as well. Additionally, we are using services like WhatsApp to stay in touch with consumers and enable omni-channel sales." The company said it is "recalibrating business operations with a strengthened product portfolio, a steady focus on cash conservation in the company and better online presence and services to ensure seamless shopping experiences for our consumers". It is working on various cost-optimisation measures, including rentals renegotiation, closure of unviable stores and digitalisation drive across the organisation to eliminate redundancies and bring efficiency in the value chain, Bata India added. RKL SHW SHW

Going slow on new store openings, will continue expanding into newer towns: Bata India on COVID-19

New Delhi, Feb 6 () Leading footwear brand Bata India on Thursday reported a 14.75 per cent rise in its consolidated net profit to Rs 118.26 crore for the quarter ended December 2019 compared to Rs 103.05 crore in the year-ago period. Consolidated revenue from operations of the company stood at Rs 830.82 crore for the quarter under consideration against Rs 779.79 crore for the same period year ago, Bata India said in a filing to BSE. "Despite market headwinds and a pan-India cross-sectoral drop in consumer spending, Bata managed stable growth in Q3 2019-2020, improving its margins and EBIDTA," Bata India CEO Sandeep Kataria said. These results were due to company's continued focus on customer-centric portfolio including the new sneakers range, innovations in areas of comfort, design and materials, channel expansion in distribution business, modern trade and franchisee business, he added. "While new stores, renovations continued to elevate the store visual merchandising and consumer experience, we also focused on making operations more agile by investing in IT for the new age," Kataria said. Shares of Bata India closed at Rs 1,853.25 on BSE, down 0.99 per cent from the previous close. AKT MRMR

Bata India Q3 net profit up 15 pc to Rs 118.26 cr

<ul><li><keyword id="6369745" type="ORGANIZATION" weightage="20" keywordseo="coca-cola">Coca Cola</keyword> and Bata Heritage have partnered to come up with a new shoe collection. </li><li>The collection literally has the prints of Coca Cola on the shoe. </li><li>The price of the different shoes start from ₹4,000. </li></ul>If you are one of those who can’t do without your daily dose of Coca Cola, the global beverage company has found a bizarre way to book a place in your wardrobe. The company has tied up with the shoe company Bata Heritage to come up with a new collection of shoes which literally has Coca Cola prints on a shoe! Calling it the “iconic capsule collection” the companies have come together to bring back the Bata Tennis and Hotshot shoes that were a big hit in the 1930s. Coca Cola is not new to the apparel and footwear industry. Coca Cola had partnered with apparel brand Kith to launch a line of accessories and clothing, and have gone on to launch three different collections. The beverage company has a long legacy of making its mark in the lifestyle of its consumers. And of course it makes for great marketing. But with the shoe’s price being ₹4,000 and above, will it really work with the Indian millennial? See Also: <a href="https://www.businessinsider.in/sportswear-brand-under-armour-head-to-india-to-take-on-nike-adidas/articleshow/68250588.cms">Global sportswear brand Under Armour heads to India, brings on board former Adidas exec Tushar Goculdas</a> <a href="https://www.businessinsider.in/virat-kohli-creates-another-record-but-off-the-field-signs-rs-110-crore-deal-with-puma/articleshow/57248344.cms">Virat Kohli creates another record but off-the-field, signs Rs 110 crore deal with Puma</a>

In today’s bizarre trend: Coca Cola prints on your Bata shoe

New Delhi, Nov 26 () Footwear maker Bata will continue its growth journey in India with the multi-retail channel approach along with e-commerce platform to reach out to as many customers as it can, said a top company official.
 The company, which has a retail network in 450 towns, is further expanding by adding new stores in smaller towns through franchise route.
 "Now we are using all three engines - our own stores, franchise partner store, which is a big drive for us in tier III &amp; IV, and multibrand outlets. On the top it would be our e-commerce channels, whether through bata.in or other marketplaces to get as many consumers as we can," Bata India CEO Sandeep Kataria told .
 The company last month said it will strengthen its presence by adding 500 stores in next five years, focusing mainly on small markets as it has identified tier II, III and IV cities where it has plans to broaden its sales network through the franchise model.
 "What has happened over time, that the brand image and the brand name was much bigger than our reach, as we were selling through our retail stores only in 450 towns," he said.
 "India is much bigger and the brand image is also bigger. So we decided to expand our reach to as many Indians and take advantage of our equities."
 According to Kataria, online channels are providing opportunities in multiple ways to reach consumers.
 "We can actually use the digital channels to increase the productivity of our stores and enhance the satisfaction to our consumers," said Kataria on the sidelines of an event organised by the Retailers Association of India.
 Besides, Bata is working hard to reconnect with the country's millennials.
 "We have a whole battery of brands in Bata as North Star, Bata Red Label, Marie Claire and Footin which talk to millenials. We do not have to mainly rely on Bata, the main brand," he said.
 "We are seeing the average age of the customers in Bata store going down. We have now more millennials than the past," he said.
 When asked whether Bata has any plans to introduce new brands from its global fold, he said the company is not very keen to do that.
 "There is a huge opportunity for us to play with the brands which we have here. So we are not very keen to bring a new brand," he said adding that the company has licence for manufacture and sale of several global brands as Hush Puppies, Naturalizer.
 Besides, the company has introduced outdoor brand shoes from Caterpillar in its top selected outlets this season. KRH KRH ANU
ANU

Bata to use multi-channel retail strategy to reach more customers

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Compiled below is a list of some of the best options shortlisted from Amazon. <bulletContentEmbed name="B07QS8Z2QT" columns="1"><bulletContentHeading name="B07QS8Z2QT_head"><div type="image" title="White Stitching" msid="89877672" hostid="261"></div></columnHeadThumb>B07QS8Z2QT </columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B07QS8Z2QT_body"><bulletContentRow name="B07QS8Z2QT_5359819209217037"><bulletContentRowHeading><bulletContentRowHead col="1">Centrino Men Formal Shoe</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Available in different sizes, these brown shoes from Centrino feature medium shoe width. Designed with contrast white stitching on the sides, the shoes should complement your style. It has a lace closure that lets you tighten the knot according to your comfort. Also, its synthetic sole with a 1-inch block heel should enhance your overall personality.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B07QS8Z2QT_3379819860225971"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The matt finish of the shoes gives it a classy look.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B075L9VZWW" columns="1"><bulletContentHeading name="B075L9VZWW_head"><div type="image" title="Slip-On Design" msid="89877754" hostid="261"></div></columnHeadThumb>B075L9VZWW</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B075L9VZWW_body"><bulletContentRow name="B075L9VZWW_2851025485648680"><bulletContentRowHeading><bulletContentRowHead col="1">Red Chief Formal Shoes for Men&lt;br&gt;</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">If you're looking to invest in good formal shoes then these shoes from Red Chief can be a suitable option for you. Made from leather material, the shoes are comfortable to wear. Its lightweight and non-slip design make it a perfect option to wear on a regular basis. To provide the convenience of walking, it features a geometrically gridded sole. Also, the slip-on design makes wearing and removing easy and quick.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B075L9VZWW_8007761671886488"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The padded collars at the backs give support to the feet.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B08J7R8RTK" columns="1"><bulletContentHeading name="B08J7R8RTK_head"><div type="image" title="Recommended Choice" msid="89877874" hostid="261"></div></columnHeadThumb>B08J7R8RTK</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B08J7R8RTK_body"><bulletContentRow name="B08J7R8RTK_5572046057504637"><bulletContentRowHeading><bulletContentRowHead col="1">BATA Men's Formal Dress Slip On Shoes</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">With more than 2000 ratings on Amazon, these shoes from Bata are suitable to be worn for official and formal purposes. The shoes feature a medium shoe width and come with a sole made of polyurethane material. The logo on the sides of the shoes uplifts the look and enhances the style.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B08J7R8RTK_8021299697497125"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The slip-on design makes them easy to wear.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B079QNLB8N" columns="1"><bulletContentHeading name="B079QNLB8N_head"><div type="image" title="Closed Toe" msid="89877944" hostid="261"></div></columnHeadThumb>B079QNLB8N</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B079QNLB8N_body"><bulletContentRow name="B079QNLB8N_3048395426583122"><bulletContentRowHeading><bulletContentRowHead col="1">Hush Puppies Men Corso Oxford Leather Formal Shoes</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">These shoes from Hush Puppies are a suitable option to wear as it comes with a 1-inch heel design. The closed-toe style with lace-up closure, these shoes should provide the comfort of wearing. Sole made of leather material gives an elegant look and elevates the level of comfort.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B079QNLB8N_9038945329297469"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The lace-up closure lets you tighten according to your requirement.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B07QFDQS5G" columns="1"><bulletContentHeading name="B07QFDQS5G_head"><div type="image" title="Durable Design" msid="89877999" hostid="261"></div></columnHeadThumb>B07QFDQS5G </columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B07QFDQS5G_body"><bulletContentRow name="B07QFDQS5G_1038562987234646"><bulletContentRowHeading><bulletContentRowHead col="1">Lee Cooper Men's Leather Shoes</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Available in different colours and sizes, these shoes from Lee Cooper are a perfect option for those who are looking for a lace closure design. With a medium shoe width, they offer comfort while wearing. To enhance the overall look, it comes with a heel design.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B07QFDQS5G_6497195205886941"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The high-quality material used makes them last for a longer time.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B082DFY92X" columns="1"><bulletContentHeading name="B082DFY92X_head"><div type="image" title="Sturdy Design" msid="89878059" hostid="261"></div></columnHeadThumb>B082DFY92X</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B082DFY92X_body"><bulletContentRow name="B082DFY92X_3775747798256201"><bulletContentRowHeading><bulletContentRowHead col="1">Nubeno Men's Formal Shoes&lt;br&gt;</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Crafted with faux leather, these shoes from Nubeno feature a regular shoe width design. The check design on the shoes give an attractive look and should complement your style. Also, with a comfortable heel height and support, the shoes are suitable to be worn for long durations.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B082DFY92X_0662302423529241"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">These shoes from Nubeno are a good option to wear in the formal meetings.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed>

Best brown shoes for men in India

<ul><li>The pandemic has changed the way Indians shop with over 78% of consumers preferring to shop online before peeking into neighbourhood stores. </li><li>As Indians go vocal for local, 96% of consumers expressed their desire to shop from Indian brands this festive season, driving e-commerce growth. </li><li>Huge pent-up demand and high purchasing power of consumers has boosted e-commerce sales in <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> post pandemic. </li></ul>The pandemic has changed the way Indians shop as 78% of consumers prefer to shop online via electronic commerce platforms before peeking into their neighbourhood stores, according to industry estimates. Indians spent almost five hours daily on their <a href="https://timesofindia.indiatimes.com/business/india-business/indians-spend-nearly-5-hrs-daily-on-mobiles-in-2021/articleshow/88963566.cms#:~:text=CHENNAI%3A%20Indians%20spent%20almost%20a,the%20pandemic%20on%20digital%20habits.">mobiles</a> last year, up nearly 30% from pre-Covid levels. Consumers from Tier 2 and 3 towns have also joined the <keyword id="6357762" type="General" weightage="20" keywordseo="online-shopping" source="Orion">online shopping</keyword> bandwagon since the pandemic, further driving up sales for e-commerce platforms. Cashing in on the trend, online commerce players are expecting sales of $11.8 billion during this festive season — which is a 28% growth over last year, says the latest <keyword id="1715801" type="General" weightage="80" keywordseo="shopify" source="Orion">Shopify</keyword> Festive Shopping Outlook report. Companies usually hold as many as three sales leading to the festival of Diwali. Huge pent-up demand and high purchasing power of consumers has boosted e-commerce sales in India. In the first festive week alone, which began on September 22, the e-commerce platforms achieved sales worth $5.7 billion with 75-80 million online shoppers, a<a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-group-leads-e-commerce-festive-sales-meesho-is-second-largest-contributor-in-order-volume-redseer/articleshow/94701015.cms"> Redseer </a>report revealed. Even with inflation worries, over 40% customers are willing to spend more than ₹10,000 on shopping this festive season, Shopify claimed. According to Bharati Balakrishnan, director at Shopify, India, “85% of consumers plan to spend more than ever before and 8-in-10 consumers shop more online now than before the pandemic. For brands, participating online through their own website is now a given as consumers shift to browsing online before making the trip to the neighbourhood store.” Over 57% of customers listed browsing on online stores, product comparison sites, and scrolling through social media apps as ways to discover new products. Amongst e-commerce companies, <keyword id="6354742" type="General" weightage="50" keywordseo="flipkart" source="Orion">Flipkart</keyword> led the online retail sales in terms of GMV or gross merchandise value, while Amazon placed second, for festive sales in the week of September 22-30. Flipkart was also a leader in terms of order volumes, Meesho emerged the second largest, capturing 21% of the market. Fashion leads while home decor, athleisure &amp; dry fruits emerge strong contenders Over 81% of consumers purchased clothing and accessories, while 68% spent on home electronics and gadgets, reports Shopify India. Over 56,000 mobile phones were sold per hour during the sale period of the first festive week <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-group-leads-e-commerce-festive-sales-meesho-is-second-largest-contributor-in-order-volume-redseer/articleshow/94701015.cms">alone</a>. The spirit of gift giving is also being reflected in the increased sales of dry fruits, sweets and chocolates, according to Shopify estimates. “With people welcoming guests and going out, focus will be on improving/upgrading their lifestyle and home interiors reflecting increased spending on fashion, beauty, and home and living categories,” said Redseer Consultants. Shift towards healthy living post pandemic has made the sports and athleisure market the fastest growing category in both apparel and footwear. It is expected to grow at a CAGR of 16% between FY20-FY25, according to analysis by B.K Securities. Online sales of footwear alone has risen 10% since the pandemic as India Inc is returning to their offices. Another emerging trend is the rise in sustainable shopping as over 67% of consumers expressed interest in buying from socially and environmentally-responsible brands, claimed Shopify. More Indians are choosing local brands and businesses for their shopping needs. Over 96% of consumers expressed their desire to shop from Indian brands this festive season. “The government’s call for supporting local businesses and consumers’ growing pride for Indian brands may be listed as primary factors contributing to this shift,” said Shopify India. Tier 2, Tier 3 cities driving India’s retail growth story post pandemic India’s retail growth story is currently targeting the ever-evolving Tier 2 and 3 cities of India. Consumers residing in rural or remote areas are gradually choosing online shopping over market-hopping, reports Shopify. This has also been reflected in festive sales of Meesho, an e-commerce platform that currently dominates the Tier 2 and 3 markets in India, making up for a majority of the order volume during the first festive week, according to a <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-group-leads-e-commerce-festive-sales-meesho-is-second-largest-contributor-in-order-volume-redseer/articleshow/94701015.cms">Redseer</a> report. Footwear brands like Bata India, <keyword id="1181583" type="General" weightage="50" keywordseo="relaxo-footwear" source="Orion">Relaxo Footwear</keyword>, <keyword id="9095636" type="General" weightage="50" keywordseo="metro-brands" source="Orion">Metro Brands</keyword> are identifying Tier 2 and 3 markets as having high retail expansion potential. “Going forward, Tier II and below cities, which contribute 35% of the overall footwear market, are expected to witness faster growth on the back of low penetration levels and increasing aspirational levels of the people,” claimed B.K Securities. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/the-1338-crore-fine-is-just-the-tip-of-the-iceberg-as-cci-orders-google-to-take-several-measures-to-curb-its-anti-competitive-behavior/articleshow/95012606.cms">The ₹1,338 crore fine is just the tip of the iceberg as CCI orders Google to take several measures to curb its anti-competitive behavior</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/entertainment/news/the-crown-is-a-fictional-dramatisation-netflix-clarifies/articleshow/95012412.cms">The Crown is a fictional dramatisation, Netflix clarifies</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/sensex-logs-sixth-consecutive-day-of-gains-amid-uptick-in-banking-stocks/articleshow/95012115.cms">Sensex logs sixth consecutive day of gains amid uptick in banking stocks</a>

Online sales expected to boom as more customers shop online post pandemic

No matter what style or colour is trending, a white sneaker never goes out of fashion. Having a pair of <keyword id="3010605" type="General" weightage="20" keywordseo="white-sneakers" source="Orion">white sneakers</keyword> in your footwear collection is always a must-have for men. Suitable to be paired with different outfit options, adding white <keyword id="51770" type="General" weightage="20" keywordseo="sneakers" source="Orion">sneakers</keyword> to your outfit will always be a perfect go-to option. To ease down your research, we have filtered some of the best white sneakers from Amazon. <bulletContentEmbed name="B077N7DDL1" columns="1"><bulletContentHeading name="B077N7DDL1_head"><div type="image" title="Black Stripes" msid="89211952" hostid="261"></div></columnHeadThumb>B077N7DDL1</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B077N7DDL1_body"><bulletContentRow name="B077N7DDL1_3744100951125270"><bulletContentRowHeading><bulletContentRowHead col="1">Sparx Men's Sneakers</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Available in different size options, this pair of white sneakers from Sparx comes with a lace-up closure for a firm grip. To give a stylish look, it has black stripes that complement the white colour of the sneakers. With no heel and rubber sole, this can be a good option to buy if you are looking for style and comfort together.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B077N7DDL1_8329951874140118"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The rubber sole makes you stay in comfort.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B08W8W8RCT" columns="1"><bulletContentHeading name="B08W8W8RCT_head"><div type="image" title="Breathable Material" msid="89211957" hostid="261"></div></columnHeadThumb>B08W8W8RCT</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B08W8W8RCT_body"><bulletContentRow name="B08W8W8RCT_3554554242173797"><bulletContentRowHeading><bulletContentRowHead col="1">Kraasa <keyword id="6683694" type="General" weightage="20" keywordseo="sneakers-for-men" source="Orion">Sneakers for Men</keyword></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">If you are looking to buy sneakers for daily wear at a reasonable price, then this pair of sneakers from Kraasa is a suitable option to consider. It's simple plain design uplifts the look of your style. Made from PVC sole and cushion lining, it provides support and comfort while wearing. Also, to prevent odour and maintain freshness, it has a perforated and breathable material.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B08W8W8RCT_5913550477450611"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">It gives you support and a comfortable wearing experience.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B08XB7H3JP" columns="1"><bulletContentHeading name="B08XB7H3JP_head"><div type="image" title="Embroidered Logo" msid="89211968" hostid="261"></div></columnHeadThumb>B08XB7H3JP</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B08XB7H3JP_body"><bulletContentRow name="B08XB7H3JP_1474839914142701"><bulletContentRowHeading><bulletContentRowHead col="1">Red Tape Men's Sneaker</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Made from PU upper and rubber sole, these trendy sneakers from Red Tape have a casual and trendy look. To provide comfort and grip for long-duration, it comes with an anti-slip rubber sole. The black coloured embroidered logo and tipping on the outsole complements the white colour and gives a stylish look. Also, the lace-up closure allows you to tighten according to your comfort.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B08XB7H3JP_2579291198004062"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">If you are looking for comfort and style, these sneakers can be a good option to consider.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B079JBS5WC" columns="1"><bulletContentHeading name="B079JBS5WC_head"><div type="image" title="Durable Design" msid="89211969" hostid="261"></div></columnHeadThumb>B079JBS5WC</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B079JBS5WC_body"><bulletContentRow name="B079JBS5WC_0952994372812454"><bulletContentRowHeading><bulletContentRowHead col="1">Puma Men Urban Men Sneakers</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Available in different sizes and colours, these sneakers from Puma feature a lace-up closure. Made from synthetic material, it ensures durability, which makes them last longer. Suitable for those with medium shoe width, the sneakers have a plain classic design with a black stripe and logo on them. Also, it has a toe style design and textile sole.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B079JBS5WC_2894887834412916"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">These sneakers should uplift the look of your style.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B08VW4YBJT" columns="1"><bulletContentHeading name="B08VW4YBJT_head"><div type="image" title="Padded Collars" msid="89211974" hostid="261"></div></columnHeadThumb>B08VW4YBJT</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B08VW4YBJT_body"><bulletContentRow name="B08VW4YBJT_1627079556912742"><bulletContentRowHeading><bulletContentRowHead col="1">US Polo Association Men's Abor Sneakers</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">These sneakers from US Polo are a suitable option to buy for those who are looking for both style and comfort in one. The grooved outsole made of rubber material provides a firm grip and prevents slipping. It features padded collars and cushioned insoles to provide comfort. Also, the signature stripes of the brand give a stylish look to the sneakers.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B08VW4YBJT_9573567271623216"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">It comes with a lace-up closure.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B096BGT8WH" columns="1"><bulletContentHeading name="B096BGT8WH_head"><div type="image" title="Lightweight Design" msid="89211985" hostid="261"></div></columnHeadThumb>B096BGT8WH</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B096BGT8WH_body"><bulletContentRow name="B096BGT8WH_7137329548165088"><bulletContentRowHeading><bulletContentRowHead col="1">BATA Men's Speed with Lace Sneaker</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">These trendy looking sneakers from Bata have a lightweight design that ensures comfortable wearing. Suitable for those with medium shoe width, these sneakers are a good option to consider. The lace-up design provides a firm grip and lets you adjust according to your comfort.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B096BGT8WH_5495519911279486"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The sneakers are available in different sizes and colour options.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed>

Best white sneakers for men in India

<ul><li>Bharti <keyword id="15491" type="General" weightage="20" keywordseo="airtel" source="Orion">Airtel</keyword>’s brand value stood at $7.7 billion, the highest among any other telecom company in India.</li><li>VI, previously known as Vodafone Idea, was a distant third as its brand value was under a billion dollars.</li><li>Bharti Airtel’s presence across 16 countries have given it a competitive edge over Reliance <keyword id="2003276" type="General" weightage="20" keywordseo="jio" source="Orion">Jio</keyword> in terms of subscriber base and financials.</li></ul>Despite being the biggest telecom service provider in the country, Mukesh Ambani owned Reliance Jio has not been able to surpass Airtel in brand value. According to a Brand Finance report, Bharti Airtel’s brand value stood at $7.7 billion — the highest among any other telecom company in India. It also increased by 28% during the year. Mukesh Ambani-led Reliance Jio stood at second position with brand value of $5.1 billion, and also gained 5% this year. VI, previously known as Vodafone Idea, was a distant third as its brand value was under a billion dollars. It stood at $767 million as it faces numerous business challenges due to its debt, along with other troubles like the AGR issue. <cmsannotation type="cmsannotation" annotationid="Infosys overtakes LIC and the second most valuable brand" comment="subhead" text="Infosys overtakes LIC and the second most valuable brand">Infosys overtakes LIC and the second most valuable brand</cmsannotation> Infosys with its $12.8 billion brand value has also managed to overtake Life Insurance Corporation (LIC) ($11.1 billion brand value) to become the second most valuable Indian brand this year. “Infosys has shown impressive growth this year, making it the fastest-growing IT services brand globally of 2022, thanks to its commitment to clients and focus on innovation,” the report said. The development comes even as LIC spent a lot of time, money and efforts on marketing in 2021 for its initial public offering. Tata Group remains India’s most valuable brand, with a value of $24 billion. <cmsannotation type="cmsannotation" annotationid="Airtel knows how to make money off subscribers" comment="subhead" text="Airtel knows how to make money off subscribers">Airtel knows how to make money off subscribers</cmsannotation> Airtel surpassing Reliance Jio in terms of brand value comes as a surprise, given that Reliance Jio is the biggest wireless service provider in India with a market share of over 35%. According to Telecom Regulatory Authority of India (TRAI), Airtel’s share is slightly lower at 31.56%. However, the point of difference for the two companies is simple — Airtel has not limited itself to the Indian market. While Jio focuses on growing in India, Bharti Airtel has spread its presence in 16 countries across South Asia and Africa. This has not only increased the company’s brand value but also its ability to make money. <div type="image" title="Mukesh Ambani&amp;#39;s Jio lags behind Airtel which is the top telecom brand in India" msid="91935277" hostid="261"></div> READ MORE: <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-vs-bharti-airtel-four-charts-to-showcase-how-indian-telecom-giants-faired-in-2022/slidelist/91640306.cms">Reliance Jio vs Bharti Airtel — four charts that showcase how the Indian telecom giants faired in 2022</a> <cmsannotation type="cmsannotation" annotationid="Reliance Jio has higher subscriber base, but only in India" comment="subhead" text="Reliance Jio has higher subscriber base, but only in India">Reliance Jio has higher subscriber base, but only in India</cmsannotation> Bharti Airtel does fall short of Jio in the Indian market in terms of number of subscribers, but its global presence catapults it past its competitors. Airtel had 360 million subscribers in India in March 2022, but overall it has 491 million subscribers across the 16 countries it is present in. Simultaneously, Reliance Jio was at second position with 410 million subscribers, all of them coming from India. <div type="image" title="Mukesh Ambani&amp;#39;s Jio lags behind Airtel which is the top telecom brand in India" msid="91935345" hostid="261"></div> All these factors also contributed to Airtel’s supremacy in revenues too. Airtel closed the fiscal year 2022 with a revenue of ₹117,081 crore, while it turned its ₹12,364 crore loss into a profit of ₹8,305 crore. Jio, on the other hand, reported a revenue of ₹95,804 crore, with a profit of ₹15,487 crore. <div type="image" title="Mukesh Ambani&amp;#39;s Jio lags behind Airtel which is the top telecom brand in India" msid="91935374" hostid="261"></div> SEE ALSO <a class="tout-title-link" href="https://www.businessinsider.in/stock-market/news/foreign-inventors-hit-a-record-with-selloffs-in-may-and-they-will-keep-exiting-say-experts/articleshow/91934731.cms">Foreign investors are as spooked as they were in the first month of lockdown in India</a> <a href="http://www.businessinsider.in/business/corporates/news/zomato-paytm-nykaa-and-others-spent-6000-crore-on-their-employees-last-year/articleshow/91931970.cms" data-type="tilCustomLink">Zomato, Paytm, Nykaa and others spent ₹6,000 crore on their employees last year </a> <a class="tout-title-link" href="https://www.businessinsider.in/stock-market/news/maruti-suzuki-tata-motors-bata-india-metal-stocks-among-stocks-to-watch-out-for-on-june-1/slidelist/91930439.cms">Maruti Suzuki, Tata Motors, Bata India, metal stocks among stocks to watch out for on June 1</a>

Mukesh Ambani's Jio lags behind Airtel which is the top telecom brand in India

India's largest shoemaker <keyword id="6361456" type="COMPANY" weightage="100" keywordseo="Bata">Bata</keyword> plans to foray into rural markets and small towns, which have less than 5 lakh population. Bata will expand through rural distributors and franchisees, for its next wave of growth. 
 
The company is currently developing a completely new line of merchandise to tap these unexplored markets, top company officials said. It plans to open 100 outlets in tier III and tier IV markets through the franchisee route. It will also tie up with wholesalers to sell <keyword id="21227" type="UNKNOWN" weightage="100" keywordseo="shoes">shoes</keyword> in rural shops. 
 
Bata has already piloted 20 such stores in smaller markets, said R Gopalakrishnan, managing director at Bata India. 
 
He also added that the company set up a separate rural division over the past six months, which is now piloting sales in villages across Rajasthan and Uttar Pradesh. 
 The unorganised market accounts for two-third of the $35 billion Indian <keyword id="23820" type="UNKNOWN" weightage="100" keywordseo="footwear">footwear</keyword> market. 
 
Bata India currently operates more than 1,400 shops, including 34 exclusive Hush Puppies stores and 21 Footin outlets. 
 
The company will also invest Rs 50 crore this year to set up more than 120 Bata stores and 20 Hush Puppies and Footin stores each. 
Image: Thinkstock

Bata To Invest Rs 100 Crore In FY15

<ul><li><keyword id="193300" type="General" weightage="80" keywordseo="cartoon-network" source="Orion">Cartoon Network</keyword>’s <keyword id="3113" type="General" weightage="100" keywordseo="tom" source="Orion">Tom</keyword> and Jerry have been a spark in everyone’s lives since the 1940s.</li><li>Even today, you can have a hearty laugh and be glued to the screen enjoying the love-hate riddled camaraderie between this lovable duo.</li><li>As this iconic duo turns 82 today, we catch up with Cartoon Network's <keyword id="108258" type="General" weightage="20" keywordseo="abhishek-dutta" source="Orion">Abhishek Dutta</keyword> to talk about its evolution in India, how the network had benefitted from this property over the years and what today’s kids expect from their cartoon shows.</li></ul>It was around 20 years ago that my grandmother, who was around 68-year-old then, and I would watch Cartoon Network’s The <keyword id="13138406" type="General" weightage="20" keywordseo="tom-and-jerry-show" source="Orion">Tom and Jerry show</keyword> together. She only knew one language but language was never a problem when it came to this show. I would come back from my school, keep my bag aside and just sit glued to the television for another 30 minutes in my uniform. This iconic cartoon show has managed to cut across age groups and language barriers. We would watch it on repeat, even though we always knew that Jerry, the mouse, would get away with his shenanigans and fool Tom. Jerry, a true trickster, delights in setting Tom up to bear the consequences of chaos caused by him, often with a wink at the audience to let them know they’re in on the joke too. Even today, the 82-year-old duo Tom and Jerry connects with its viewers on an emotional level and reaches out to the inner child in us that lived in a happier universe. Last year, when the COVID cases plummeted and the theatres were open during the festive season, ‘Tom &amp; Jerry: The Movie’ was released in India after a lot of contemplation. However, it outperformed at the box office, grossing nearly Rs 8 crore in terms of ticket sales, and was amongst the top-performing Hollywood family film/animation film in India in 2021. It was released across 1,000 screens in English, Hindi, Tamil and Telugu. It was only in 1995 that the channel Cartoon Network made its entry in India with dual feed. Cartoon Network operated from 5:30 am to 5:30 pm and Turner Classic Movies took up the remaining schedule. Soon after the launch, Cartoon Network started airing Tom and Jerry amongst other international shows, and the rest, as they say, is history. In 2001, Cartoon Network became a separate 24-hour channel and the show Tom and Jerry became an inseparable part of its legacy. As this iconic duo turns 82 today, we caught up with Cartoon Network's Abhishek Dutta to talk about its evolution in India, how the network has benefitted from this property over the years and what today’s kids expect from their cartoon shows. <div type="Video" msid="89457743" hostid="261" title="How the iconic Cartoon Network duo Tom and Jerry has managed to stay relevant over the years" dataSource="BUSINESSINSIDER" thumbUrl="https://denmark.timesinternet.in/cmslite/api/app/images.jpg?msid=89457743"></div> The secret behind keeping an iconic cartoon show relevant for today’s audience Today, kids have plenty of choices when it comes to content consumption. Dutta said that it is important to explore imaginary worlds that could also be a window to real-life examples, to stay relevant. So what makes Tom and Jerry relevant today? Dutta said, “So, for kids, the shows that they see on television, are basically an escape from the real world. This is where they come to have some enjoyment and fun. So over a period of years, Tom and Jerry has evolved to incorporate everything in our environment or whatever changes we have seen outside. Tom and Jerry, as characters, have seen so many setups; we have seen a lot of episodes in the house that they stay in, but even beyond that -- they have gone into space, they have gone into multiple outings. And this evolution of Tom &amp; Jerry with the time has actually kept the audience open throughout its history and that's how it maintains its popularity even today. Apart from this, even on our consumer products front, there are more than 1000 SKUs of Tom and Jerry consumer products in India across different categories.” Keeping pace with this evolution in the landscape, content creators and kids’ entertainment broadcasters are developing concepts, characters and themes that echo with local audiences while retaining their global appeal. So, to stay ahead of the curve, Cartoon Network gave a glocal twist to Tom and Jerry two years ago. “In 2020, we did something different with the show and added a commentary to Tom and Jerry. The reason for adding this commentary was that children have a very short attention span. So if they miss anything while viewing the show, that commentary keeps them hooked to it. And that did amazingly well for us. In fact, the first week that we relaunched the show with the commentary, it became the number one show in the category. Even today, Tom &amp; Jerry contributes substantially to our Cartoon Network channel and is loved by millions of our fans on the network,” shared Dutta. The show is dubbed in Hindi, Tamil and Telugu today. To up its glocal game, Cartoon Network is also bringing a new series ‘Tom and Jerry in New York’ to India during the summer holidays. Telling us how Tom and Jerry cuts across different age groups, Vikram Sharma, Head of Consumer Products, Advertising &amp; Partnerships, WarnerMedia India, Southeast Asia and Korea, said, “A testament to the widespread admiration of Tom and Jerry is that it remains the most popular Kids Consumer Products animation IP for WarnerMedia. Young and adult fans of the franchise in India have more than 1,000 SKUs of Tom and Jerry consumer products to love and own. The sheer diversity of the products available, spread across verticals such as fashion, accessories, toys, collectibles, puzzles, and stationery, proves the global phenomena that the characters are. In India alone, there are several key partnerships including Reliance Retail, Myntra, Flipkart, TheSouledStore.com, Bewakoof.com, Campus Footwear, Funskool, Bata (Pak), Hamilton, amongst others, that offer Tom and Jerry collection, reinforcing the IP’s fan-following.” To celebrate this lovable slapstick comedy’s anniversary, Cartoon Network India is airing new episodes of ‘Tom and Jerry Tales’ this week from 10:30 am onwards. The show is co-powered by Complan and Alpenliebe Gold and has onboarded Policy Bazaar and Parle Milk Shakti as associate sponsors. To add to this week-long extravaganza, Cartoon Network has also planned on-ground promotions and fan engagement in Pune and Mumbai malls.

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