24 Jun 2025

Metro Brands Gains Over 1.7% on Strategic Tie-Up with Clarks for India and Neighbouring Markets

Metro Brands is currently trading at RS. 1169.30, up by 20.10 points or 1.75% from its previous close of RS. 1149.20 on the BSE.

The stock opened at RS. 1172.05 and has recorded an intraday high of RS. 1215.60 and a low of RS. 1158.70. A total of 10,392 shares have been traded so far on the counter.

The BSE Group 'A' stock with a face value of RS. 5 has touched a 52-week high of RS. 1430.10 on August 9, 2024, and a 52-week low of RS. 890.30 on March 27, 2025. In the past week, it registered a high of RS. 1217.00 and a low of RS. 1126.35. The company's current market capitalization stands at RS. 31676.33 crore.

Promoters hold 71.88% stake in the company, while institutional and non-institutional investors hold 10.82% and 17.31% respectively.

Metro Brands has announced an exclusive strategic partnership with global footwear brand Clarks, marking Clarks’ official return to the Indian market. Under this long-term distribution agreement, Metro Brands has been appointed as the exclusive retail and digital partner for India and neighboring countries, including Bangladesh, Bhutan, Nepal, Maldives, and Sri Lanka.

Metro Brands will oversee Clarks' e-commerce operations in India, including the official Clarks India website and all digital platforms, and will have exclusive rights for offline sales through Clarks mono-branded stores.

This collaboration comes at a time when Metro Brands recently celebrated the opening of its 900th store in India. The company houses a diverse portfolio of brands including Metro Shoes, Mochi, and international names like Crocs, FitFlop, Fila, and Footlocker.

Metro Brands is one of India's leading footwear specialty retailers and is recognized as an aspirational brand in the Indian footwear sector.