Metro Brands
METROBRAND · Textiles & Apparels > Footwear · Chairman: Rafique A Malik · MD: Farah Malik Bhanji · Listing date: Dec. 23, 2021

Metro Brands (MBL) is one of India’s leading retailers of footwear and accessories, with a legacy that began in 1955 with the opening of its first store in Mumbai. Incorporated in 1977, the Company has since evolved into a trusted household name, synonymous with contemporary style, quality, and diversity. Its diverse portfolio spans a wide spectrum of price points and style preferences, catering to both value-conscious and premium customers. Through a balanced mix of in-house and international brands, the company offers products across casual, formal, festive, comfort, and athleisure categories. This comprehensive assortment positions MBL as a one-stop destination for footwear and accessories serving all genders, age groups, usage occasions, and fashion sensibilities. 

Whether it’s daily wear, work essentials, wedding collections, or performance-driven athleisure, MBL continues to curate India’s footwear wardrobe with unmatched variety, depth, and accessibility. Metro Brands predominantly operates under a Company-Owned, Company-Operated (COCO) retail model. This approach grants it complete control over its operations, ensuring consistency in brand experience and service quality across its extensive network. Its journey is defined by a commitment to quality, design, and an unparalleled retail experience.

Business area of the company

The company is a retailer in fashion footwear, bags and accessories operating in the premium and economy category. Its strong portfolio spans well-entrenched own labels and premium third-party offerings, enabling it to serve a wide range of consumer needs and preferences.

Products of the company

  • Men footwear
  • Women footwear
  • Kids footwear
  • Bags
  • Clutches
  • Wallets
  • Foot care 
  • Belts
  • Shoe care

Brand Portfolio of the company 
In-house brands
  • Metro
  • Mochi
  • Walkway
Third-party brands
  • Crocs
  • FitFlop
  • FILA
  • Foot Locker
  • New Era
  • Clarks

Key awards, accreditations or recognitions

  • 2011: ‘Emerging Retailer of the Year’ award at the ET Retail Awards by The Economic Times.
  • 2012: ‘Retailer of the Year (Footwear Non Apparel)’ award at the Asian Retail Leadership Awards.
  • 2013: ‘Most Popular Youth Brand (footwear)’ award at the Global Youth Marketing Awards.
  • 2014: ‘Footwear Brand with Outstanding e-Retail Performance’ at the Indian e-Retail Awards by Franchise India.
  • 2015: ‘Most Admired Multi-Brand Footwear Retail Chain of the Year - Metro” at the India Shoes and Accessories Awards.
  • 2016: ‘Most Admired Multi-Brand Retail Chain of the Year - Mochi’ at the India Shoes and Accessories Awards.
  • 2017: ‘Footwear Retailer of the Year’ award at the 12th Annual Star Retailer Awards.
  • 2017: ‘Shining Star Commercial Partner of the Year 2017’ award received by our store at Indira Gandhi International Airport, New Delhi at the GMR Airport Awards 2017 by the GMR Group.
  • 2017: ‘Most Preferred Woman’s Brand’- 4th World Women Leadership Congress Awards by Femina.
  • 2018: ‘Retailer of the Year (Non-Apparel / Footwear)’ at the ET Global Awards for Retail Excellence by ET Now.
  • 2019: ‘Family Business of the Year - Emerging Companies’ award by The Economic Times.
  • 2021: ‘Best Footwear Brand 2021’ award at the India’s Retail Champions Awards, supported by the Retailers Association of India.
  • 2022: Most Admired Retailer of the Year, Footwear Category, 2022 at Mapic India Retail Awards.
  • 2022: Most Admired Retailer – Footwear, 2022 at Images Retail Awards.
  • 2023: India’s Most Admired Footwear Retailer, 2023 at Images Retail Awards
  • 2023: Iconic Brands of India Award, 2023 at Economic Times Awards.
  • 2024: Dun & Bradstreet ESG Award 2024.
  • 2024: Most Admired Footwear Retailer, 2024 at Images Retail Awards.

Major events and milestones

  • 1955: Started first Metro store.
  • 1977: Incorporation of the Company.
  • 2000: Launched Mochi MBO.
  • 2009: Launched Walkway MBO.
  • 2010: Launched E-commerce operations.
  • 2010: Crossed the 100-store milestone.
  • 2012: Crossed the 200-store milestone.
  • 2015: Entered into a tie-up with Crocs.
  • 2021: Entered into an exclusive tie-up with FitFlop.
  • 2021: Crossed the 600-store milestone.
  • 2021: Listed on the BSE and NSE.
  • 2022: Acquired Cravatex Brands Ltd.
  • 2022: Secured exclusive license for FILA.
  • 2022: Secured ownership of Proline brand.
  • 2023: Entered into a strategic tie-up with Foot Locker.
  • 2023: Reached market capitalisation of US$ 4 billion.
  • 2023: Crossed gross sales of Rs 2500 crore.
  • 2024: Entered into an exclusive tie-up with New Era.
  • 2024: Launched Foot Locker store.
  • 2024: Launched New Era kiosk.
  • 2025: Crossed the 900-store milestone.
  • 2025: Entered into an exclusive partnership with Clarks.
  • 2025: Recycled one pair of footwear for every pair sold.