Indian multi-brand footwear company, Metro Brands, is talking with Foot Locker to bring the U.S. brand into India.
According to ET Now, Foot Locker is reportedly in discussions with four potential Indian franchisees whose identities were not disclosed.
Established in 1977, Metro Brands is one of India’s largest footwear retailers. As of the end of September, it operates 598 stores in the country, and its brand portfolio includes Mochi, Walkway, Davinchi, Crocs, and Fitflop.
Foot Locker has expanded its presence in Asia over the past few years, including entering Indonesia in 2021 and the Philippines in 2022.