Metro Brands Ltd. Wins the 'Iconic Brands of India 2023' Award by The Economic Times

Metro Brands, India's leading footwear brand has been recognized as one of India's Iconic Brands at the prestigious sixth edition of "The Iconic Brands of India Conclave." by The Economic Times. This prestigious accolade is evidence of Metro Brands' persistent dedication to excellence and innovation, as well as of its enduring influence on the Indian fashion and retail industry. Founded in 1955, Metro Brands has been synonymous with quality and style for over seven decades. The brand has continually evolved to meet the ever-changing fashion needs of its discerning customers, offering a wide range of footwear that caters to every occasion and taste.

Deepika Deepti, Sr. Vice President, Marketing, of Metro Brands Ltd. said, "We're honoured to be recognized as one of India's Iconic Brands. Our success is built on seven decades of learning and agility to elevate customer experience across all touchpoints.

We honor the skill and craftsmanship of Indian artisans, which not only enriches our services but also strengthens our relationship with customers.

At our core, we prioritize customer-centricity, aiming for retail excellence in every way to deliver exceptional product and services."

Under the Metro Brands Ltd. umbrella, a diverse and robust portfolio of brands has thrived, from iconic Indian names like Metro Shoes to leading international such as FitFlop, FILA, and Crocs. The company's growth, characterized by the fusion of Indian heritage and international flair, serves as evidence of its steadfast dedication to quality, innovation, and customer satisfaction.

The Iconic Brands of India Conclave, hosted by The Economic Times, serves as a prestigious platform dedicated to honouring businesses that have not only attained remarkable success but have also played a significant role in advancing the nation's economic growth and preserving its cultural identity.

With a rich brand legacy and commitment, the brand draws strength from its extensive expansion plan and growth strategy. In the ever- evolving landscape of retail and footwear industries, Metro Brands maintains its position as a prominent player by skilfully navigating the changing market trends and staying ahead of the competition. In the upcoming two years, the company envisions the inauguration of 200 new stores, and is dedicated to emerging with increased resilience and profitability.

The journey of Metro Brands has been marked by several milestones, including the expansion of its retail network across India and abroad. Today, it boasts a wide presence through its extensive chain of stores, offering customers a delightful shopping experience.

Shares of Metro Brands Limited was last trading in BSE at Rs. 1095.55 as compared to the previous close of Rs. 1091.80. The total number of shares traded during the day was 4592 in over 566 trades.

The stock hit an intraday high of Rs. 1118.85 and intraday low of 1082.05. The net turnover during the day was Rs. 5051233.00.

Source : Equity Bulls

Keywords

MetroBrands INE317I01021 Recognition IconicBrands TheEconomicTimes