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Footwear major Bata India Limited has announced results for the fourth quarter ended 31 March, FY 2021. Continuing with the positive trajectory of the previous quarter, the company registered profit of INR 403 million, with revenue from operations standing at INR 5,899 million. While the third quarter ended on a comparatively stronger note because of festive sales, the Q4 results indicated steady and consistent growth in line with quarter’s seasonality, the company said in its earnings statement

The company further strengthened its e-commerce and omnichannel facilities to cover more pin codes across India, while also continuing to expand its retail network in tier 3-5 towns via franchising. It opened 10 new franchisee stores and appointed new distributors to serve multi-brand stores, the statement added.

Commenting on the company’s performance, Sandeep Kataria, CEO – Bata, said: “The Q4 results are satisfactory for us, considering Q3 sales have historically been always better because of festive season. We continued our march towards recovery via our channel expansion efforts via Franchising, distribution and marketplaces routes. As the economy gained pace and offices started re-opening, we rolled out our first campaign of the year showcasing ‘Relaxed Workwear’ collection offering the best of comfort technologies across Bata, Hush Puppies, Bata Red Label, Comfit and Naturalizer brands. With the surge in Covid-19 cases in wave 2, we refocused to make Essentials & Fitness Sneakers available to our customers, as consumers stayed back in their homes.”

“With omni-channel customer generating more revenue than a single-channel customer, we scaled up our tech-related solutions & investments to engage and offer better experiences and driving up cross-channel purchases, customer service and retention,” he added.

The retailer plans to continue serving customers at their doorsteps via multiple channels – www.bata.in, marketplaces, Home delivery, Bata Store-on-Wheel mobile kiosk activation in residential areas and Bata ChatShop WhatsApp shopping with same day delivery promise from nearby stores.

The company has adequate cash reserves and is curbing discretionary expenses to eliminate redundancies and introduce efficiencies in its value chain, it said.

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According to Ved, there are limited customer walk-ins in stores even though conversions are very high.

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Global marketing research firms have ubiquitously called the ongoing COVID-19 pandemic an unexpected catalyst for tech adoption’ in the retail industry. While the retail industry’s increasing reliance on technology over the past few years goes unsaid, the challenges posed by the pandemic will invariably accelerate the rate of adoption of new technology and tools.

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Casa Everz Gmbh had two manufacturing units in China with an annual capacity of over 3 million pairs.

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The ‘woke’ parents of today are getting increasingly aware of the ill-effects that garments laden with harmful chemicals can have on the health of their children. They are also interested in the environmental and social impact of the product that they are consuming. Consumers are now beginning to understand the perils of genetic modification of crops and use of toxic chemicals. The young parents of today, care much more about getting the right product and aligning with brands whose philosophy they resonate with.

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“Austerity and minimalism would be the key driving design tools… And foremost, post lockdown, we will be strictly implementing and observing all precautionary measures during our operations and consumer interactions at our stores,” he was quoted by PTI as saying.

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