Relaxo Footwears Limited
Company typePublic
NSE: RELAXO
BSE: 530517
IndustryFootwear
Founded1976[1]
FoundersMukand Lal Dua
Ramesh Kumar Dua[2]
Headquarters
New Delhi
,
India[3]
Area served
Global
RevenueIncrease ₹2,653 crore (US$330 million) (FY22)[4]
Decrease ₹232 crore (US$29 million) (FY22)[4]
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.[5][6] The company makes products under 10 brands including Flite, Sparx, Bahamas and Schoolmate.[7][8][9][10][11]

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]

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. ^ 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.
  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. 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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