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.[5][6] The company makes products under 10 brands including Flite, Sparx, Bahamas and Schoolmate.[7][8][9][10][11]
 | |
| Company type | Public |
|---|---|
| NSE: RELAXO BSE: 530517 | |
| Industry | Footwear |
| Founded | 1976[1] |
| Founders | Mukand Lal Dua Ramesh Kumar Dua[2] |
| Headquarters | , India[3] |
Area served | Global |
| Brands | Relaxo Bahamas Flite Belle Sparx Boston Mary Jane Kid's fun |
| Revenue |  ₹2,653 crore (US$320 million) (FY22)[4] |
 ₹232 crore (US$28 million) (FY22)[4] | |
| Website | relaxofootwear.com |
Among Bollywood actors signed up to endorse the company's brands are Salman Khan,[12] Akshay Kumar,[13] Katrina Kaif[14] and Sonakshi Sinha.[15]
In December 2023, Relaxo Footwears acquired a 30-acre land parcel in Bhiwadi, Rajasthan, for ₹135 crore.[16] Sparx is one of the most famous brands owned by Relaxo.
See also
editReferences
edit- ^ "Explained: How the Dua brothers turned Relaxo into a footwear empire". Business Standard. Retrieved 10 May 2020.
- ^ "From just a single product in 1976, Relaxo has come a long way". Forbes India. Retrieved 10 May 2020.
- ^ "Relaxo, On Strong Footing". Forbes India. Retrieved 7 December 2021.
- ^ a b "Relaxo Footwears Q4 net profit falls 38% to Rs 63 cr; revenue declines 6.6%". Business Standard. 11 May 2022. Retrieved 23 January 2023.
- ^ "Relaxo in retail push to grow topline". Moneycontrol. Retrieved 10 May 2020.
- ^ "11,800% jump in 10 years! This stock remains impervious to rural slowdown". Economic Times. Retrieved 10 May 2020.
- ^ "Relaxo changes its 40-year old logo; aims to open 10 franchise stores this year". Livemint. Retrieved 10 May 2020.
- ^ "Relaxo: cushioning your feet since 1984". The Hindu Business Line. Retrieved 10 May 2020.
- ^ "Relaxo carves strong foothold". Business Standard. Retrieved 10 May 2020.
- ^ "Relaxo finds the right fit, closes in on Bata's m-cap". Economic Times. Retrieved 10 May 2020.
- ^ "Relaxo eyes Rs 2,500 crore turnover this fiscal". Times of India. Retrieved 10 May 2020.
- ^ "Salman Khan to endorse footwear brand". India Today. 24 July 2012. Retrieved 13 June 2020.
- ^ "Akshay Kumar to endorse footwear brand 'Sparx'". Zee News. 17 September 2012. Retrieved 13 June 2020.
- ^ "Relaxo signs Katrina Kaif as brand ambassador". Hindustan Times. 22 August 2012. Retrieved 13 June 2020.
- ^ "Sonakshi Sinha endorses footwear brand". The Indian Express. 22 December 2014. Retrieved 13 June 2020.
- ^ "Relaxo Footwears acquires 30 acres of land in Rajasthan for ₹135 crore". CNBCTV18. 11 December 2023. Retrieved 11 December 2023.