The company aims to enter the 1000-crore club within the next five years.
New Delhi (India) July 22 : Abros, a revolutionary name in the footwear industry, has made significant strides in both domestic and international markets. Founded by industry stalwarts Mr. Anil Sharma and Mr. Pramod Sharma in February 2021, the company has rapidly captured attention with its visionary approach, innovative products, and strategic partnerships. Today, Abros is thrilled to announce its continued growth and ambitious plans for the future.
Product Innovation
Abros offers a wide selection of shoes catering to diverse consumer preferences. The introduction of innovative materials such as ETPU, Hyperfuse, Glow in the Dark, Static Energy, Fizz Foam, and Phylon Soles has created a strong buzz in the market. Additionally, the company’s exciting range for kids has been well received, further adding to its growing popularity.
Domestic & Online Growth
Abros operates in six sales segments: Offline, Online, Exclusive Stores, LFS, Exports, and OEM. In the offline channel, the company is experiencing approximately 40% CAGR growth each year. Abros boasts a network of more than 10,000 retailers across India, including 500+ Large Format Stores (LFR) such as Metro Brands, Stelatoes, Kins, Spencer, ITC Chaupal, V Mart, D Mart, and Centro. The company’s Exclusive Brand Outlets (EBOs) have also seen remarkable growth. In Fiscal Year 2024, Abros expanded its EBO network to encompass 20 exclusive outlets.
Online growth has been robust for Abros. Collaborations with Amazon, Flipkart, Myntra, Nykaa, and AJIO have significantly enhanced Abros’ market presence and accessibility across the country.
Explore more – https://www.myntra.com/abros
Abros’ International Expansion with Bata as its Preferred Global Supply Partner
Abros and Bata have been working closely for many years. In July 2024, Bata’s Global Supply Chain Head, Mr. David Lynch, visited Abros and finalized the deal for Abros to work as a global supplier for Bata. The collaboration with Bata Shoes, a globally renowned footwear brand, marks a significant milestone in Abros’ journey. This partnership is poised to enhance Abros’ international connections, opening up new avenues for growth and expansion.
“Abros is proud to have met its growth expectations in the domestic market while forging stronger ties internationally. The strategic partnership with Bata Shoes will be a game-changer. Our aim is to become a 1000-crore company within the next five years.” – Mr. Pramod Sharma, CEO, Abros Sports International Pvt. Ltd.
Onward and Upward
As Abros continues to grow and expand globally, the company remains committed to its core values of innovation, quality, affordability, and customer satisfaction. With a strong foundation and a clear vision for the future, Abros is poised to revolutionize the footwear industry.
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