Bata India bets on premiumisation, targets 3,000 stores and doubled turnover in 5 years
CEO Gunjan Shah says premium footwear (Rs 1,000+) is growing twice as fast as the mass segment and now makes up 60% of Bata's portfolio. Plan: scale from 2,000 to 3,000 stores, with 80% of next 1,000 franchise-led, and push digital commerce to 20-25% of revenue.
What happened
Bata India CEO Gunjan Shah outlines plan to double turnover in 5 years via premiumisation, digital commerce, and franchise-led expansion to 3,000 stores.
Key facts
- 95% Q4 profit decline
- 5% YoY revenue growth
- 60% portfolio above Rs 1,000
- 2,000 stores currently
- 3,000 stores target in 3-5 years
- 80% franchise-led for next 1,000 stores
- digital commerce 20-25% of revenue target
Why this matters
Watch for franchise platform partnerships, premium footwear brand acquisitions, or D2C tuck-ins as Bata scales from 2,000 to 3,000 stores and pushes digital to a quarter of revenue.
Also reported by
- Financial Express · BrandWagon — 4h after first sighting