Growth continues at Bata India
09/06/2008
Bata India has reported an increase of 139% increase in profits for the first quarter of 2008, compared to the same period last year. The company recorded a turnover of $52.6 million in for the quarter, a 20% increase over the total for the first quarter of 2007.
Over the same period, the company opened 19 new footwear stores across India and renovated nine existing stores.
Bata India is on an aggressive growth path and has invested in large-format stores, fashionable collections and seven-day-a-week opening times. The company has said it will open 70 new stores every year for the next few years.
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