| Metro Brands | |
| Founder: | Malik Tejani[1] |
| Area Served: | India |
| Industry: | Retail, fashion, e-commerce |
| Products: | Footwear Fashion accessories |
| Type: | Public |
| Traded As: | |
| Founded: | 1977[2] |
| Brands: | Metro Shoes, Mochi Shoes, Walkway, FitFlop, Da Vinchi, Cheemo[3] |
| Location: | Mumbai, Maharashtra, India |
| Key People: | Rafique Malik (Chairman) Farah Malik Bhanji (MD) Nissan Joseph (CEO) |
| Revenue: | (FY23) |
| Profit: | (FY23)[4] |
Metro Brands, previously known as Metro Shoes, is an Indian multi-brand footwear retail company based in Mumbai.[5] Metro Brands operates a network of 598 Metro showrooms across 136 cities in India.[6]
Metro started as a standalone shoe store in 1955 in Colaba, Mumbai. It was named after the Metro Cinema, which was located nearby.[7] The company was incorporated in January 1977 as Metro Shoes.[8]
In 2013, the company announced it was able to expand the number of its retail stores due to low rental rates, particularly in tier II cities.[9]
In 2015, Metro signed an agreement with Crocs to open exclusive Crocs stores in India.[10]
In December 2021, the company launched its initial public offering (IPO).[11]
In March 2023, Metro Brands Limited reappointed Vikas Vijaykumar Khemani as an independent director.[12]
In December 1996, Managing Director Rafique Malik, was among several businessmen and politicians arrested by Mumbai Police on charges of misappropriation of concessionary funds allocated to cobblers and artisans.[13] The case is sub judice as of 2018.[14]