In a recent talk at launch of 44th store launch of company in Delhi; Kishore Biyani, CEO and Founder of Future Group said that Future Group will become no 1 footwear brand in next one year. The group has grabbed a revenue of 1600 crores INR this year and has aimed 2500 crores in next year. Company owns many renowned labels like Sketchers, Converse, Clarks.
Future Group is monetizing its footwear business at high frequency. Last year it hired N. Mohan as director to footwear business. Future Group added footwear products to Lee Cooper label and also bought stakes in Tresmodo, a women footwear brand.
Right now; footwear business contributes to 35% of company revenue. Apart from 44 departmental store; Group is present as chain of 61 FBB store.