Kolkata based, Rs. 131 crore, leather accessories and footwear major, Khadim India Ltd., is launching ‘British Walker’ the premium shoe brand, which it had been exporting for the past few months to the US, in India.
Khadim’s, which has been known for offering footwear in affordable price range, will be foraying into the premium price range after 13 years.
Over a period of time, Khadim’s will take the British Walker footwear range to all its 253 exclusive outlets, spread across 22 states of the country, reports Business Standard.
Founded 54 years ago, in Kolkata, Khadim’s has gradually diversified into manufacturing and exporting leather products, real estate development, media, communications and chain-store retailing with a significant presence across the country.
Being bullish on the premium price segment, Khadim’s is planning to introduce newer brands in this footwear category apart from introducing a range of formal footwear for women soon.
The company, which is keen to have its presence in as many malls as it can, expect to clock an annual turnover of Rs. 160 crore this fiscal.