Metro Brands to cut prices on 40% of inventory after GST relief

Metro Brands will pass on the full benefit of the GST cut—from 12% to 5%—on footwear priced up to ₹2,500, repricing roughly 40% of its inventory. Premium footwear above the threshold, about 60% of its range, stays unchanged.

— FiledMon, 22 Sept, 2025, 13:30 IST·First seen Thu, 14 May, 2026, 21:43 IST·Source CNBC-TV18 · Retail

What happened

Metro Brands will cut prices on ~40% of its inventory after GST on footwear under ₹2,500 dropped from 12% to 5%, passing full benefit to consumers. Premium

Key facts

  • 40% of inventory
  • footwear up to ₹2,500
  • GST lowered 12% to 5%
  • 60% premium above ₹2,500

Why this matters

The GST relief skews near-term demand toward affordable footwear, signaling opportunities to deepen mass-market brand or supply partnerships while the premium portfolio remains a separate margin lever.

What to watch

  • Same-store sales and volume prints in next quarterly result
  • Competitor pricing announcements (Bata, Relaxo, Campus)
  • Blended ASP and gross margin trend
  • Festive-season demand data and footfall metrics
  • Any partial-retention vs full pass-through clarification
  • Reprice ~40% of SKUs on shelves and e-commerce within days of GST notification
  • Run festive-season value campaigns to convert price cut into footfall
  • Monitor competitor pass-through and adjust promotional intensity
  • Recalibrate inventory mix toward fast-moving value tier