Liberty shoes to open shop in Madurai

Liberty Shoes managing director (retail and marketing) Anupam Bansal told reporters in Chennai today that the company, which had 58 stores in seven cities in the region, proposed to open 25 new stores, including one at Madurai, Puducherry and Chennai.

The company manufactures 50,000 pairs of footwear every year in its 12 facilities.

South India contributed Rs35 crore turn over to the company's Rs300 crore revenue and the company expects the revenue to double after the addition of new stores.

He said exports contributed 25% of the company's revenue.