Relaxo: Difference between revisions

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{{short description|Footwear manufacturer in India}}
{{short description|Footwear manufacturer in India}}
{{Use dmy dates|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Infobox company
{{Infobox company
| name = Relaxo Footwears Limited
| name = Relaxo Footwears Limited
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| logo_size =  
| logo_size =  
| caption =  
| caption =  
| type = Public company
| type = [[Public company|Public]]
| genre =  
| genre =  
| traded_as = {{NSE|RELAXO}} <br> {{BSE|530517}}
| traded_as = {{NSE|RELAXO}} <br> {{BSE|530517}}
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| successor =  
| successor =  
| foundation = 1976<ref>{{cite news |title=Explained: How the Dua brothers turned Relaxo into a footwear empire |url=https://www.business-standard.com/article/companies/explained-how-the-dua-brothers-turned-relaxo-into-a-footwear-empire-120030100852_1.html |accessdate=10 May 2020 |work=Business Standard}}</ref>
| foundation = 1976<ref>{{cite news |title=Explained: How the Dua brothers turned Relaxo into a footwear empire |url=https://www.business-standard.com/article/companies/explained-how-the-dua-brothers-turned-relaxo-into-a-footwear-empire-120030100852_1.html |accessdate=10 May 2020 |work=Business Standard}}</ref>
| founders = Mukand Lal Dua, Ramesh Kumar Dua<ref>{{cite news |title=From just a single product in 1976, Relaxo has come a long way |url=https://www.forbesindia.com/article/8th-anniversary-special/from-just-a-single-product-in-1976-relaxo-has-come-a-long-way/46965/1 |accessdate=10 May 2020 |work=Forbes India}}</ref>
| founders = Mukand Lal Dua<br>Ramesh Kumar Dua<ref>{{cite news |title=From just a single product in 1976, Relaxo has come a long way |url=https://www.forbesindia.com/article/8th-anniversary-special/from-just-a-single-product-in-1976-relaxo-has-come-a-long-way/46965/1 |accessdate=10 May 2020 |work=Forbes India}}</ref>
| defunct =  
| defunct =  
| location_city = [[New Gujarat]]
| location_city = [[New Delhi]]
| location_country = [[India]]
| location_country = India
| locations =  
| locations =  
| area_served = Global
| area_served = Global
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| products =  
| products =  
| services =  
| services =  
| revenue =  
| revenue = {{increase}} {{INRconvert|2410|c}} (FY 2021)<ref name="forbes"/>
| operating_income =  
| operating_income =  
| net_income =  
| net_income = {{increase}} {{INRconvert|226|c}} (FY 2021)<ref name="forbes">{{cite news |title=Relaxo, On Strong Footing |url=https://www.forbesindia.com/article/india-rich-list-2020/indias-richest-relaxo-on-strong-footing/64203/1 |access-date=7 December 2021 |work=Forbes India |language=en}}</ref>
| aum =  
| aum =  
| assets =  
| assets =  
| equity =  
| equity =  
| owner = reloxo group india
| owner =  
| num_employees =  
| num_employees =  
| parent =  
| parent =  
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}}
}}


'''Relaxo Footwears Limited''' is an [[India|Indian multinational]] [[footwear]] manufacturer based in [[New Delhi]]. It is the largest footwear manufacturer in India in terms of volume and second-largest in terms of revenue,<ref>{{cite news |title=Relaxo in retail push to grow topline |url=https://www.moneycontrol.com/news/business/companies/relaxo-looks-for-retail-push-to-bridge-gap-with-bata-2641311.html |accessdate=10 May 2020 |work=Moneycontrol}}</ref> with a market share of more than 5 percent.<ref>{{cite news |title=11,800% jump in 10 years! This stock remains impervious to rural slowdown |url=https://economictimes.indiatimes.com/markets/stocks/news/11800-jump-in-10-years-this-stock-remains-impervious-to-rural-slowdown/articleshow/70988338.cms |accessdate=10 May 2020 |work=Economic Times}}</ref> The company makes products under 10 brands including Flite, Sparx, Bahamas and Schoolmate.<ref>{{cite news |title=Relaxo changes its 40-year old logo; aims to open 10 franchise stores this year |url=https://www.livemint.com/Industry/GU980DSEPVuPTbwXfXxshO/Relaxo-changes-its-40year-old-logo-aims-to-open-10-franchi.html |accessdate=10 May 2020 |work=Livemint}}</ref><ref>{{cite news |title=Relaxo: cushioning your feet since 1984 |url=https://bloncampus.thehindubusinessline.com/columns/brand-basics/relaxo-for-all-walks-of-life/article30298390.ece |accessdate=10 May 2020 |work=The Hindu Business Line}}</ref><ref>{{cite news |title=Relaxo carves strong foothold |url=https://www.business-standard.com/article/management/relaxo-carves-strong-foothold-114010601094_1.html |accessdate=10 May 2020 |work=Business Standard}}</ref><ref>{{cite news |title=Relaxo finds the right fit, closes in on Bata's m-cap |url=https://economictimes.indiatimes.com/relaxo-finds-the-right-fit-closes-in-on-batas-m-cap/articleshow/53107417.cms |accessdate=10 May 2020 |work=Economic Times}}</ref><ref>{{cite news |title=Relaxo eyes Rs 2,500 crore turnover this fiscal |url=https://timesofindia.indiatimes.com/business/india-business/relaxo-eyes-rs-2500-crore-turnover-this-fiscal/articleshow/66107036.cms |accessdate=10 May 2020 |work=Times of India}}</ref>
'''Relaxo Footwears Limited''' is an Indian multinational [[footwear]] manufacturer based in [[New Delhi]]. It is the largest footwear manufacturer in India in terms of volume and second-largest in terms of revenue.<ref>{{cite news |title=Relaxo in retail push to grow topline |url=https://www.moneycontrol.com/news/business/companies/relaxo-looks-for-retail-push-to-bridge-gap-with-bata-2641311.html |accessdate=10 May 2020 |work=Moneycontrol}}</ref><ref>{{cite news |title=11,800% jump in 10 years! This stock remains impervious to rural slowdown |url=https://economictimes.indiatimes.com/markets/stocks/news/11800-jump-in-10-years-this-stock-remains-impervious-to-rural-slowdown/articleshow/70988338.cms |accessdate=10 May 2020 |work=Economic Times}}</ref> The company makes products under 10 brands including Flite, Sparx, Bahamas and Schoolmate.<ref>{{cite news |title=Relaxo changes its 40-year old logo; aims to open 10 franchise stores this year |url=https://www.livemint.com/Industry/GU980DSEPVuPTbwXfXxshO/Relaxo-changes-its-40year-old-logo-aims-to-open-10-franchi.html |accessdate=10 May 2020 |work=Livemint}}</ref><ref>{{cite news |title=Relaxo: cushioning your feet since 1984 |url=https://bloncampus.thehindubusinessline.com/columns/brand-basics/relaxo-for-all-walks-of-life/article30298390.ece |accessdate=10 May 2020 |work=The Hindu Business Line}}</ref><ref>{{cite news |title=Relaxo carves strong foothold |url=https://www.business-standard.com/article/management/relaxo-carves-strong-foothold-114010601094_1.html |accessdate=10 May 2020 |work=Business Standard}}</ref><ref>{{cite news |title=Relaxo finds the right fit, closes in on Bata's m-cap |url=https://economictimes.indiatimes.com/relaxo-finds-the-right-fit-closes-in-on-batas-m-cap/articleshow/53107417.cms |accessdate=10 May 2020 |work=Economic Times}}</ref><ref>{{cite news |title=Relaxo eyes Rs 2,500 crore turnover this fiscal |url=https://timesofindia.indiatimes.com/business/india-business/relaxo-eyes-rs-2500-crore-turnover-this-fiscal/articleshow/66107036.cms |accessdate=10 May 2020 |work=Times of India}}</ref>


[[Salman Khan]] was signed as a brand ambassador of Relaxo footwears.<ref>{{Cite web|last=Bureau|first=Adgully|title=Relaxo signs Salman Khan as its brand ambassador!|url=https://www.adgully.com/relaxo-signs-salman-khan-as-its-brand-ambassador-51130.html|access-date=2020-06-13|website=www.adgully.com|language=en-US}}</ref> Among other actors signed up to endorse the company's brands are [[Akshay Kumar]],<ref>{{cite news |title=Akshay Kumar to endorse footwear brand `Sparx` |url=https://zeenews.india.com/entertainment/and-more/akshay-kumar-to-endorse-footwear-brand-sparx_119251.html |accessdate=13 June 2020 |work=Zee News |date=17 September 2012 |language=en}}</ref> [[Katrina Kaif]]<ref>{{cite news |title=Relaxo signs Katrina Kaif as brand ambassador |url=https://www.hindustantimes.com/entertainment/relaxo-signs-katrina-kaif-as-brand-ambassador/story-ITv7YU8R2cbQtRJHDY3HgO.html |accessdate=13 June 2020 |work=Hindustan Times |date=22 August 2012 |language=en}}</ref> and [[Sonakshi Sinha]].<ref>{{cite news |title=Sonakshi Sinha endorses footwear brand |url=https://indianexpress.com/article/entertainment/bollywood/sonakshi-sinha-endorses-footwear-brand/ |accessdate=13 June 2020 |work=The Indian Express |date=22 December 2014 |language=en}}</ref>
[[Salman Khan]] was signed as a brand ambassador of Relaxo footwears.<ref>{{Cite web|last=Bureau|first=Adgully|title=Relaxo signs Salman Khan as its brand ambassador!|url=https://www.adgully.com/relaxo-signs-salman-khan-as-its-brand-ambassador-51130.html|access-date=2020-06-13|website=www.adgully.com|language=en-US}}</ref> Among other actors signed up to endorse the company's brands are [[Akshay Kumar]],<ref>{{cite news |title=Akshay Kumar to endorse footwear brand `Sparx` |url=https://zeenews.india.com/entertainment/and-more/akshay-kumar-to-endorse-footwear-brand-sparx_119251.html |accessdate=13 June 2020 |work=Zee News |date=17 September 2012 |language=en}}</ref> [[Katrina Kaif]]<ref>{{cite news |title=Relaxo signs Katrina Kaif as brand ambassador |url=https://www.hindustantimes.com/entertainment/relaxo-signs-katrina-kaif-as-brand-ambassador/story-ITv7YU8R2cbQtRJHDY3HgO.html |accessdate=13 June 2020 |work=Hindustan Times |date=22 August 2012 |language=en}}</ref> and [[Sonakshi Sinha]].<ref>{{cite news |title=Sonakshi Sinha endorses footwear brand |url=https://indianexpress.com/article/entertainment/bollywood/sonakshi-sinha-endorses-footwear-brand/ |accessdate=13 June 2020 |work=The Indian Express |date=22 December 2014 |language=en}}</ref>
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{{Reflist}}
{{Reflist}}


[[Category:Companies based in Delhi]]
[[Category:Companies based in New Delhi]]
[[Category:Manufacturing companies based in Delhi]]
[[Category:Shoe companies of India]]
[[Category:Shoe companies of India]]
[[Category:Companies established in 1976]]
[[Category:Indian companies established in 1976]]
[[Category:Indian brands]]
[[Category:Indian brands]]
[[Category:Indian footwear]]
[[Category:Indian footwear]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:1976 establishments in Delhi]]
[[Category:Clothing companies established in 1976]]

Latest revision as of 23:24, 12 June 2022


Relaxo Footwears Limited
Traded asNSERELAXO
BSE530517
IndustryFootwear
Founded1976[1]
Founder(s)sMukand Lal Dua
Ramesh Kumar Dua[2]
Headquarters,
India
Area served
Global
RevenueIncrease 2,410 crore (US$280 million) (FY 2021)[3]
Increase 226 crore (US$26 million) (FY 2021)[3]
Websiterelaxofootwear.com

Relaxo Footwears Limited is an Indian multinational footwear manufacturer based in New Delhi. It is the largest footwear manufacturer in India in terms of volume and second-largest in terms of revenue.[4][5] The company makes products under 10 brands including Flite, Sparx, Bahamas and Schoolmate.[6][7][8][9][10]

Salman Khan was signed as a brand ambassador of Relaxo footwears.[11] Among other actors signed up to endorse the company's brands are Akshay Kumar,[12] Katrina Kaif[13] and Sonakshi Sinha.[14]

See also[edit]

References[edit]

  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. 3.0 3.1 "Relaxo, On Strong Footing". Forbes India. Retrieved 7 December 2021.
  4. "Relaxo in retail push to grow topline". Moneycontrol. Retrieved 10 May 2020.
  5. "11,800% jump in 10 years! This stock remains impervious to rural slowdown". Economic Times. Retrieved 10 May 2020.
  6. "Relaxo changes its 40-year old logo; aims to open 10 franchise stores this year". Livemint. Retrieved 10 May 2020.
  7. "Relaxo: cushioning your feet since 1984". The Hindu Business Line. Retrieved 10 May 2020.
  8. "Relaxo carves strong foothold". Business Standard. Retrieved 10 May 2020.
  9. "Relaxo finds the right fit, closes in on Bata's m-cap". Economic Times. Retrieved 10 May 2020.
  10. "Relaxo eyes Rs 2,500 crore turnover this fiscal". Times of India. Retrieved 10 May 2020.
  11. Bureau, Adgully. "Relaxo signs Salman Khan as its brand ambassador!". www.adgully.com. Retrieved 13 June 2020.
  12. "Akshay Kumar to endorse footwear brand `Sparx`". Zee News. 17 September 2012. Retrieved 13 June 2020.
  13. "Relaxo signs Katrina Kaif as brand ambassador". Hindustan Times. 22 August 2012. Retrieved 13 June 2020.
  14. "Sonakshi Sinha endorses footwear brand". The Indian Express. 22 December 2014. Retrieved 13 June 2020.