BATAINDIA.NSE News

Gurugram, Haryana, India (NewsVoir) Bata India, India’s most trusted footwear brand, is set to launch its latest campaign, “Everyday Essentials. Reinvented,” bringing renewed focus to open footwear, an enduring staple in Indian wardrobes. Fronted by actor Taapsee Pannu, the campaign celebrates the category’s deep-rooted relevance in India while presenting a contemporary collection designed for modern […]

Gurugram (Haryana) [India], February 6: Bata India, India's most trusted footwear brand, has unveiled a refreshed chapter of its 'Make Your Way' campaign, with actor Sanjana Sanghi coming on board as its new face. The campaign continues to spotlight the Victoria Ballerina range, placing the classic ballerina silhouette centre stage as a symbol of everyday comfort and modern femininity. Bata's association with the silhouette is longstanding. Bata India holds the trademark for "Ballerinas" being the brand that created the category, which is now one of the most loved segments in women's wear. Sanjana's grounded, self-made journey and purposeful voice mirror the values the collection stands for, confidence, authenticity and contemporary femininity, reinforcing Bata's vision of creating footwear that supports young women shaping their own paths, on their own terms.

Indian footwear firm RedTape's founders are soliciting interest from Blackstone and KKR as they look to sell a majority stake or even their entire holding worth nearly $510 million, according to sources and a document seen by Reuters.Shares in RedTape rose ‌as much as ‌16% on the Reuters report, its biggest ever intraday gain, before closing 11% higher.Launched in 1996, RedTape competes with global giants such as Nike, Adidas, ‌Bata India and Campus Activewear in a sector set to grow 11% a year to $21 billion by 2028, market research firm 1Lattice estimates.RedTape's founding family, the Mirzas, have appointed global consultancy Ernst & Young as the exclusive financial adviser for "divestment of their stake", a document dating from December detailing the planned transaction shows.EY has reached out to private equity ​firms Blackstone and KKR to explore potential offers for the family's stake, said ​two of the three sources.It is seeking non-binding indicative offers, added one of the three sources, who ‌all sought anonymity, ‍as the process is confidential.RedTape's Managing Director Shuja Mirza and his father, the company's chairman, ‍Rashid Ahmed Mirza, did not respond to a request for comment from ‌Reuters.EY and KKR declined to comment.

Indian footwear firm RedTape's founders are soliciting interest from Blackstone and KKR as they look to sell a majority stake or even their entire holding worth nearly $510 million, according to sources and a document seen by Reuters.Shares in RedTape rose ‌as much as ‌16% on the Reuters report, its biggest ever intraday gain, before closing 11% higher.Launched in 1996, RedTape competes with global giants such as Nike, Adidas, ‌Bata India and Campus Activewear in a sector set to grow 11% a year to $21 billion by 2028, market research firm 1Lattice estimates.RedTape's founding family, the Mirzas, have appointed global consultancy Ernst & Young as the exclusive financial adviser for "divestment of their stake", a document dating from December detailing the planned transaction shows.EY has reached out to private equity ​firms Blackstone and KKR to explore potential offers for the family's stake, said ​two of the three sources.It is seeking non-binding indicative offers, added one of the three sources, who ‌all sought anonymity, ‍as the process is confidential.RedTape's Managing Director Shuja Mirza and his father, the company's chairman, ‍Rashid Ahmed Mirza, did not respond to a request for comment from ‌Reuters.EY and KKR declined to comment.

Indian footwear firm RedTape's founders are soliciting interest from Blackstone and KKR as they look to sell a majority stake or even their entire holding worth nearly $510 million, according to sources and a document seen by Reuters.Shares in RedTape rose ‌as much as ‌16% on the Reuters report, its biggest ever intraday gain, before closing 11% higher.Launched in 1996, RedTape competes with global giants such as Nike, Adidas, ‌Bata India and Campus Activewear in a sector set to grow 11% a year to $21 billion by 2028, market research firm 1Lattice estimates.RedTape's founding family, the Mirzas, have appointed global consultancy Ernst & Young as the exclusive financial adviser for "divestment of their stake", a document dating from December detailing the planned transaction shows.EY has reached out to private equity ​firms Blackstone and KKR to explore potential offers for the family's stake, said ​two of the three sources.It is seeking non-binding indicative offers, added one of the three sources, who ‌all sought anonymity, ‍as the process is confidential.RedTape's Managing Director Shuja Mirza and his father, the company's chairman, ‍Rashid Ahmed Mirza, did not respond to a request for comment from ‌Reuters.EY and KKR declined to comment.

Bata India has approved a Voluntary Retirement Scheme for eligible workers at its Bata Shatak manufacturing unit in Hosur, Tamil Nadu, as part of ongoing operational restructuring. The footwear major said the scheme is expected to be mutually beneficial, with financial impact to be assessed later. The move continues Bata’s efforts to consolidate its manufacturing footprint amid cost pressures.

Bata India Ltd ( ($IN:BATAINDIA) ) has shared an update. Bata India Ltd has disclosed that the Office of the Commercial Tax Officer, Chandigarh, ha...

Kolkata: Power — a household name in the Indian shoe market — could well be the second brand from Bata India family to reach the Rs 1,000-crore busine.

The Supreme Court upheld a Delhi High Court order reviving Crocs' passing-off suit against Indian footwear manufacturers like Bata India. The court ruled that a passing-off action is maintainable for a trade dress registered as a design, allowing Crocs to proceed with its claims of imitation.