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American footwear retailer Foot Locker inks deal with Metro Brands and Nykaa to enter Indian market

American footwear retailer Foot Locker inks deal with Metro Brands and Nykaa to enter Indian market

Nov 30, 2023, at 05:09 am

Mumbai: American sportswear and footwear retailer Foot Locker has announced plans to make its entry into the Indian market in 2024 through a partnership with local partners Metro Brands and Nykaa, a cosmetics-to-fashion retailer, Reuters reported.

Union Budget: Increase in customs duty on footwear and furniture to promote domestic MSMEs

Union Budget: Increase in customs duty on footwear and furniture to promote domestic MSMEs

Feb 01, 2020, at 04:49 pm

New Delhi/IBNS: Keeping in view the need of MSME sector, Customs duty is being raised on items like footwear (from 25% to 35% on footwear and from 15% to 20% on parts of footwear) and furniture (from 20% to 25%).

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