November 05, 2024 09:26 (IST)
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American footwear retailer Foot Locker inks deal with Metro Brands and Nykaa to enter Indian market

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

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%).