Relaxo Footwear inaugurates new experiential store for Sparx in New Delhi
Delhi-headquartered Relaxo Footwear, a prominent manufacturer and retailer of footwear, has inaugurated a new experiential store for Sparx at the Vegas Mall in Dwarka, New Delhi. This expansion includes the option for doorstep delivery services, enhancing customer convenience.
Expressing his delight over the inauguration of the store, Ramesh Kumar Dua, Managing Director, Relaxo Footwear, emphasises, the store aims to provide unmatched convenience and choice to customers. Focusing on the premium categories, the store will transform the footwear industry in India, he adds.
Established in 1984, Relaxo has emerged as one of India's largest footwear manufacturers, boasting brands such as Relaxo, Sparx, Flite, and Bahamas. The company operates a robust network of over 350 retail outlets and maintains a strong presence on major e-commerce platforms and large format stores.
For the financial year concluded on March 31, 2023, Relaxo Footwear reported revenue amounting to Rs 2,782.77 crore, underscoring its significant presence and market influence in the footwear sector.