According to the state government, with a policy rolled out last year that is pushing up its growth, the footwear sector in Tamil Nadu is a mainstay in the state's industrial growth story
Shares of Metro Brands that boasts of Metro, Mochi, Walkaway, Crocs and Fitflop brands, hit a record high of Rs 1,292, rallied 15% in intra-day trade on the BSE.
Plans to focus on offline distribution, ad spends, expansion to Northeast to reboot India presence
At present, the company has 1,000 points of sales including over 35 exclusive stores