Bata to Sell Nine West Shoes & Accessories in India
By Rediff Money Desk, NEWDELHI Nov 06, 2023 16:18
Bata India will retail Nine West shoes and accessories in India through its stores after securing a licensing and manufacturing deal with Authentic Brands Group.
![Bata to Sell Nine West Shoes & Accessories in India](https://im.rediff.com/money/2023/aug/28shoes.jpg)
Photograph: Joseph Campbell/Reuters
New Delhi, Nov 6 (PTI) Bata India on Monday said it will sell shoes and accessories of US-based lifestyle brand Nine West through its retail stores.
The company's board has "approved licensing and manufacturing deal with Authentic Brands Group for their world-renowned lifestyle brand Nine West," according to a regulatory filing.
"Under the arrangement, Bata India will have rights to manufacture, market and distribute Nine West shoes and accessories, across India through its stores," the filing said.
Authentic Brands Group owns Nine West brand. It had acquired Nine West's US business after it filed for bankruptcy in 2018.
Currently, Bata India has a portfolio of global brands including Power, North Star, Weinbrenner, Bata, Bata Red Label, Bata 3D, Hush Puppies, Naturalizer, and Bzees, for the Indian market.
Bata India's revenue from operations stood at Rs 3,451.56 crore in 2022-23.
The company's board has "approved licensing and manufacturing deal with Authentic Brands Group for their world-renowned lifestyle brand Nine West," according to a regulatory filing.
"Under the arrangement, Bata India will have rights to manufacture, market and distribute Nine West shoes and accessories, across India through its stores," the filing said.
Authentic Brands Group owns Nine West brand. It had acquired Nine West's US business after it filed for bankruptcy in 2018.
Currently, Bata India has a portfolio of global brands including Power, North Star, Weinbrenner, Bata, Bata Red Label, Bata 3D, Hush Puppies, Naturalizer, and Bzees, for the Indian market.
Bata India's revenue from operations stood at Rs 3,451.56 crore in 2022-23.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![SBI 444-Day Term...](https://im.rediff.com/80-80/money/2017/aug/01bank.jpg)
SBI 444-Day Term Deposit: Up to 7.25% Annual...
State Bank of India launches a 444-day term deposit offering up to 7.25% annual...
![India To Set Up...](https://im.rediff.com/80-80/money/2020/sep/15business-2.jpg)
India To Set Up Centre For Trade Negotiation...
India's Commerce Ministry plans to establish a centre for negotiation skills to...
![Vi Improves...](https://im.rediff.com/80-80/money/2024/may/14may-vi.jpg)
Vi Improves Network Coverage in Uttarakhand & UP
Vi expands L900 & L2100 technologies in UP and Uttarakhand, offering improved indoor...