Footwear Channel Check - Expect Gradual Recovery: Dolat Capital
Footwear is displayed for sale at a store during a media tour of the Jewel Changi Airport in Singapore. (Photographer: Wei Leng Tay/Bloomberg)

Footwear Channel Check - Expect Gradual Recovery: Dolat Capital

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Dolat Capital Report

We interacted with store managers at Bata India Ltd. in western market to analyse the ground situation post second Covid-19 wave.

We focused mainly on Bata footwear demand, new schemes, discounts, recent launches, and store manager’s confidence level.

Channel check takeaways-

  • Store managers indicated that the footfalls have declined considerably post re-opening of stores. However, conversion rate of footfalls to sales has increased significantly.

  • This implies that only consumers who are eager to buy with urgency are visiting stores and window shopping has declined drastically.

  • Overall footfalls are still significantly lower compared to 2019 as -

  1. consumers are still reluctant to move out of home and

  2. store timings are not suitable for consumers (weekdays 9am-4 pm).

Click on the attachment to read the full report:

Dolat Capital Lens View - Footwear Sector Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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