Kolkata :

Kolkata-based footwear retailer Khadim’s is eyeing the premium category for driving its future growth.

Khadim’s, which primarily operates in the economy footwear segment through its own brand, competes with Bata India, Relaxo Footwears, Liberty Shoes, Mochi Shoes and Sree Leathers, among others.

According to Siddhartha Roy Burman, CMD, Khadim’s, the company will continue focusing on growing its retail and distribution business. At the end of FY17, retail sales accounted for nearly 74 per cent of the company’s total revenue of about ₹621 crore. The remaining came from distribution. Of the total retail sales, sub-brands, which mostly fall in the premium range, accounted for majority sales at about ₹256 crore.

source: http://www.thehindubusinessline.com / Business Line / Home> Companies / The Hindu Bureau / Kolkata – October 27th, 2017