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Footwear manufacturer in India

Relaxo Footwears Limited
Company typePublic
Traded asNSE: RELAXO
BSE: 530517
IndustryFootwear
Founded1976
FoundersMukand Lal Dua
Ramesh Kumar Dua
HeadquartersNew Delhi, India
Area servedGlobal
BrandsRelaxo
Bahamas
Flite
Belle
Sparx
Boston
Mary Jane
Kid's fun
RevenueIncrease ₹2,653 crore (US$310 million) (FY22)
Net incomeDecrease ₹232 crore (US$27 million) (FY22)
Websiterelaxofootwear.com

Relaxo Footwears Limited is an Indian multinational footwear manufacturer based in New Delhi. The company is the largest footwear manufacturer in India in terms of volume and second-largest in terms of revenue. The company makes products under 10 brands including Flite, Sparx, Bahamas and Schoolmate.

Among Bollywood actors signed up to endorse the company's brands are Salman Khan, Akshay Kumar, Katrina Kaif and Sonakshi Sinha.

In December 2023, Relaxo Footwears acquired a 30-acre land parcel in Bhiwadi, Rajasthan, for ₹135 crore. Sparx is one of the most famous brands owned by Relaxo with award winning film director Vipin Agnihotri making commercial advertisement for it.

See also

References

  1. "Explained: How the Dua brothers turned Relaxo into a footwear empire". Business Standard. Retrieved 10 May 2020.
  2. "From just a single product in 1976, Relaxo has come a long way". Forbes India. Retrieved 10 May 2020.
  3. "Relaxo, On Strong Footing". Forbes India. Retrieved 7 December 2021.
  4. ^ "Relaxo Footwears Q4 net profit falls 38% to Rs 63 cr; revenue declines 6.6%". Business Standard. 11 May 2022. Retrieved 23 January 2023.
  5. "Relaxo in retail push to grow topline". Moneycontrol. Retrieved 10 May 2020.
  6. "11,800% jump in 10 years! This stock remains impervious to rural slowdown". Economic Times. Retrieved 10 May 2020.
  7. "Relaxo changes its 40-year old logo; aims to open 10 franchise stores this year". Livemint. Retrieved 10 May 2020.
  8. "Relaxo: cushioning your feet since 1984". The Hindu Business Line. Retrieved 10 May 2020.
  9. "Relaxo carves strong foothold". Business Standard. Retrieved 10 May 2020.
  10. "Relaxo finds the right fit, closes in on Bata's m-cap". Economic Times. Retrieved 10 May 2020.
  11. "Relaxo eyes Rs 2,500 crore turnover this fiscal". Times of India. Retrieved 10 May 2020.
  12. "Salman Khan to endorse footwear brand". India Today. 24 July 2012. Retrieved 13 June 2020.
  13. "Akshay Kumar to endorse footwear brand 'Sparx'". Zee News. 17 September 2012. Retrieved 13 June 2020.
  14. "Relaxo signs Katrina Kaif as brand ambassador". Hindustan Times. 22 August 2012. Retrieved 13 June 2020.
  15. "Sonakshi Sinha endorses footwear brand". The Indian Express. 22 December 2014. Retrieved 13 June 2020.
  16. "Relaxo Footwears acquires 30 acres of land in Rajasthan for ₹135 crore". CNBCTV18. 11 December 2023. Retrieved 11 December 2023.
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