BUSINESS

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BUSINESS

Bata could partner with Adidas

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Bata-Adidas partnership

Bata India is in advanced talks with Adidas for a strategic partnership as it begins trials for sports apparel and aims to expand nationwide.

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Bata's profit growth

Bata has experienced significant growth recently, with a net profit increase to Rs. 319 crore last fiscal year.

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Expansion goals

The Adidas partnership could boost Bata's growth, supporting its goal to expand franchisee stores to 500 by 2025.

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Investment plans

Bata plans to invest Rs. 100 crore this year, focusing on "casualization" and "premiumization," while focusing on R&D.

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Innovative retail

Currently operating over 2,000 stores and employing 9,800 people, Bata India has also introduced an all-women stores concept.