Indian retailers across footwear, apparel and beauty are tilting portfolios toward premium tiers, where growth is outpacing mass. Bata is leaning on Hush Puppies, Shoppers Stop is concentrating on five power categories, and Nykaa is scaling luxury beauty as consumers trade up.

The Hindu BusinessLine · 6/1/2026, 3:31:38 PM

Bata India's Q4FY26 net profit crashed 95.2% YoY to ₹2.2 cr, dragged by a ₹28 cr VRS charge at its Hosur plant and a ₹22.4 cr forex loss. Revenue rose 4.9% to ₹827.6 cr, with premium brands Hush Puppies and Power outpacing the core. Inventory fell 13%, ad spends went 1.5x, and the board declared a ₹9/share dividend even as the stock has shed 45% YoY.

Mint · Companies · 5/27/2026, 4:36:21 PM