×
125
Fashion Jobs
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
PUMA
Manager – Customer Reconciliation And Accounts
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
PUMA
Warehouse Manager-Offline Business
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Application Security Architecture Consultant, India - Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
MASAR GROUP
IT Support
Permanent · DUBAI
NIKE
Sap Security Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
TLM CONSULTANCY
Merchandising Assistant
Internship · MUMBAI
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
NIYOSSHIC LUXURY CONSULTANCY
PR Assistant
Internship · MUMBAI
OUTHOUSE JEWELLERY
Communication Designer
Permanent · MUMBAI
OUTHOUSE JEWELLERY
Store Manager
Permanent · NEW DELHI
MAC
Make up Artist - Mac - Nykaa Pacific Rajori
Permanent · Delhi
SAAHRA
Content Strategist
Internship · NEW DELHI
SAAHRA
Jewellery Designer Apprenticeship
Internship · NEW DELHI
SAAHRA
Business Development (Fashion)
Internship · NEW DELHI
Published
Nov 18, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Liberty Shoes reports Q2 net loss of Rs 2 crore

Published
Nov 18, 2020

Footwear major Liberty Shoes Limited reported a net loss of Rs 2 crore ($2,68,715) in the quarter ended September 2020, as against a net profit of Rs 6 crore it had reported in the year-ago period.
 

Liberty Shoes reports Q2 net loss of Rs 2 crore - Liberty Footwear


The company’s revenue for the quarter declined by 28 percent to Rs 97 crore, as against Rs 134 crore it had posted in the corresponding period last year.
 
Liberty Shoes expects its revenue to fall by up to 45 percent this financial year due to sales disruption and altered customer demand caused by coronavirus and the pan-India lockdown. It had reported a revenue total of Rs 650 crore for the 2020 financial year.

Despite the Covid-19 disruptions, the company remains optimistic about the future and foresees sales picking up again during the autumn/winter season due to its festive and marriage seasons.
 
Liberty Shoes currently has a total of 400 flagship stores across India and is present in over 5,000 multi-brand outlets. It also retails from its e-commerce store.
 
The company had plans to add 50 to 100 new stores every year, however, the offline expansion has been kept on hold at the moment due to the Covid-19 pandemic.

Copyright © 2021 FashionNetwork.com All rights reserved.