Tuesday 27 September 2022

Footwear model Solethreads plans offline retail growth

Solethreads, an informal footwear model mentioned it was increasing retail presence in tier 1 and Tier 2 cities to extend its footprint within the nation.

Retail growth has been deliberate in cities like Hyderabad, Jaipur, Surat, Pune and Chandigarh.

Having positioned its merchandise in additional than 400 multi-brand shops since early this yr, the agency is concentrating on to have presence in additional than 2,000 shops by the tip of this monetary yr, an official mentioned. 

The agency goals its vary to be made out there in 100 cities of India.

“This yr our income grew greater than occasions in multi model shops, by adopting agile provide chain methodologies and constant design improvements, which makes for a excessive progress retail partnership,” mentioned  CEO & Founder Sumant Kakaria.

“We have now additionally forayed into massive format retail with Metro Sneakers, and it has been a really profitable partnership with our merchandise already out there at over 200 of their shops pan India,” he mentioned.

It’s now concentrating on to penetrate into massive format retail shops and specialty retail as nicely.

By- The Hindu



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