Foot Locker has signed a long-term licensing agreement with Metro Brands Limited (MBL) and Nykaa Fashion for its entry into the Indian market. MBL will have exclusive rights to own and operate Foot Locker stores in India and sell authorized merchandise, while Nykaa Fashion will be the exclusive e-commerce partner, operating Foot Locker s India website and retailing authorized merchandise on Nykaa s platforms.
Foot Locker announces strategic partnership with Metro Brands Ltd and Nykaa Fashion equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
The omnichannel retailers beauty and personal care (BPC) unit continued to be the biggest contributor to its revenue from operations, bringing in more than 80% of the total.