Company type | Public |
---|---|
NSE: METROBRAND BSE: 543426 | |
Industry | Retail, fashion, e-commerce |
Founded | 1977 [1] |
Founder | Malik Tejani [2] |
Headquarters | Mumbai, Maharashtra, India |
Area served | India |
Key people | Rafique Malik (Chairman) Farah Malik Bhanji (MD) Nissan Joseph (CEO) |
Products | Footwear Fashion accessories |
Brands | Metro Shoes, Mochi Shoes, Walkway, FitFlop, Da Vinchi, Cheemo [3] |
Revenue | ₹2,181 crore (US$260 million) (FY23) [4] |
₹361 crore (US$43 million) (FY23) [4] | |
Website | metrobrands |
Metro Brands, previously known as Metro Shoes, is an Indian multi-brand footwear retail company based in Mumbai. [5] Metro Brands operates a network of 598 Metro showrooms across 136 cities in India. [6] [7]
Metro started as a standalone shoe store in 1955 in Colaba, Mumbai. It was named after the Metro Cinema, which was located nearby. [8] The company was incorporated in January 1977 as Metro Shoes. [9]
In 2013, the company announced it was able to expand the number of its retail stores due to low rental rates, particularly in tier II cities. [10]
In 2015, Metro signed an agreement with Crocs to open exclusive Crocs stores in India. [11]
In December 2021, the company launched its ₹1,367.5 crore (US$160 million) initial public offering (IPO). [6]
In March 2023, Metro Brands Limited reappointed Vikas Vijaykumar Khemani as an independent director. [12]
In December 1996, Managing Director Rafique Malik, was among several businessmen and politicians arrested by Mumbai Police on charges of misappropriation of concessionary funds allocated to cobblers and artisans. [13] The case is sub judice as of 2018. [14]
Shoe Carnival Inc. is an American retailer of family footwear. The company operates 429 stores throughout the midwest, south, and southeast regions, and Puerto Rico. It was founded by David Russell in 1978 and is headquartered in Evansville, Indiana.
PVR INOX Ltd, formerly known as PVR Cinemas, is an Indian multiplex chain based in Delhi. It was formed as a result of the merger between PVR Cinemas and INOX Leisure Multiplex. PVR pioneered the multiplex revolution in India by establishing the first multiplex cinema in 1997 at Vasant Vihar, New Delhi. In 2022, PVR Cinemas achieved the milestone of completing 25 years in the business. As of December 2023, PVR Inox has 1747 screens across 359 properties in 114 cities.
Crocs, Inc. is an American footwear company based in Broomfield, Colorado, that manufactures and markets the Crocs brand of foam footwear. Crocs, Inc. term these "clogs", but they do not contain any wood like traditional clogs.
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Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs. As of 2023, it has over 245,000 employees at 18,000 store locations in 7,000 towns. Apart from physical stores, the company also sells products on its e-commerce channels.
Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal.
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Wow! Momo is an Indian multinational chain of fast food restaurants headquartered in Kolkata. The chain specializes in momos, momo-filled burgers (MoBurgs) and momo-based desserts. It was established in 2008 by St. Xavier's College alumni Sagar Daryani and Binod Homagai.
Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking engaged in raising financial resources for expansion and running through capital markets and other borrowings. The Government of India owns a majority stake in the company, while the Ministry of Railways has administrative control.
Shree Ganesh Jewellery House (I) Ltd. (SGJHL) is a Kolkata-based jewellery company founded in 2002. The company is one of the largest manufacturers and exporters of handcrafted gold jewellery in India.
FSN E-Commerce Ventures Ltd is an Indian cosmetics, personal care, skin care and perfume company, headquartered in Mumbai. It sells beauty, wellness and fashion products through its website, mobile app and over 100 physical stores. In 2020, it became the first Indian unicorn startup headed by a woman.
Justdial is an Indian internet technology company that provides local search for different services in India over the phone, website and mobile apps. Founded in 1996 by V. S. S. Mani, the company is headquartered in Mumbai, India. In addition to its headquarters, Justdial has offices in Ahmedabad, Bangalore, Chandigarh, Chennai, Coimbatore, New Delhi, Hyderabad, Jaipur, Kolkata, and Pune. In 2020, Justdial had 10,984 employees, and a database of approximately 29.4 million listings and 536,236 active paid campaigns. On 16 July 2021, Reliance Retail acquired a 66.95% stake in Justdial for ₹3,497 crores.
1-India Family Mart is a chain of value retail stores in India operated by Nysaa Retail Pvt. Ltd. The chain has the total of 100 stores across 81 cities of East and North of India. 1-India Family Mart has established the first store in Uttar Pradesh and later has expanded operations across Bihar, Chhattisgarh, Uttrakhand, Jharkhand, Madhya Pradesh, Odisha and the North East.
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Relaxo Footwears Limited is an Indian multinational footwear manufacturer based in New Delhi. The company is the largest footwear manufacturer in India in terms of volume and second-largest in terms of revenue. The company makes products under 10 brands including Flite, Sparx, Bahamas and Schoolmate.