Metro brands IPO

Metro Brands (MB), an Indian footwear retailer targeting the economy, mid and premium segments, aims to raise up to US$182m in its India IPO. As of Sep 21, it operated 598 stores across 136 cities spread across 30 states and union territories in India. MB retails footwear under its own brands of Metro, Mochi, Walkway, Da Vinchi and J. Fontini, as well as third-party brands such as Crocs, Skechers, Clarks, Florsheim, and Fitflop. As of Sep 21, it sold footwear as well as accessories across more ...