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Relaxo Footwears aims 25% growth in turnover in current fiscal year

Relaxo Footwears is aiming about 25% growth in turnover to Rs 2,500 crore during current fiscal year, on the back of expansion of its retail network and introduction of new products to tap the country’s youth population. The company is also planning to open 50 standalone outlets in the current fiscal, taking total count to over 350 stores.

Relaxo Footwears is engaged in the manufacturing and trading of footwear and related products. The principal activity of the company is the manufacture of footwear made primarily of vulcanized or molded rubber and plastic.

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