Latest news with #TropicalBreeze
The Hindu
2 days ago
- Business
- The Hindu
Bata India pushes ahead affordability initiatives to drive volume-based growth
In an adverse business climate, footwear major Bata India Ltd. focused on providing affordable products across categories to drive growth, it's MD & CEO said. 'Amidst headwinds accentuated by fluctuating weather patterns and geopolitical uncertainties, we pushed ahead our affordability initiatives across categories to drive volume-based growth,' said Gunjan Shah, MD & CEO, Bata India Ltd. 'We are encouraged by strong resilience in our premium brands like Hush Puppies Comfit and Floatz,' he said. The company's Zero Base Merchandising Project—aimed at optimising assortments and enhancing in-store experience—was scaled up to 194 stores during the first quarter. It also launched several new collections, including the Tropical Breeze range, Power Easy Slide and Power Move+, alongside the 'Ease, Please' campaign with brand ambassador Vir Das introducing the new Office Sneakers line. The company expanded its footprint with 20 new franchise stores, focusing on semi-urban markets and town expansion. 'We continue to maintain a balanced approach between managing near-term challenges and investing in long-term growth drivers,' Mr. Shah said. 'We are optimistic about consumption recovery towards balance of this year, backed by our strong market positioning and wide network while maintaining strong focus on cost efficiencies,' he added. In Q1 FY26 the company's revenue from operations stood at ₹942 crore for the quarter ended June 30, 2025, broadly stable compared to the same period last year. Net profit was down 70% YoY to ₹52 crore from ₹174 crore a year ago. However, it reported a steady operational performance in the first quarter of FY26, with Earning Before Interest and Taxes (EBIT) rising 7% year-on-year, driven by disciplined cost control and sharper inventory management. The company attributed its operational gains to ongoing initiatives that improve stock turns, forecast accuracy, and merchandising agility. The quarter also included an exceptional cost of ₹4.3 crore linked to strategic initiatives aimed at making the business more asset-light and agile. Adjusted for last year's one-time gain from a land sale, the company delivered EBIT growth YoY, it said. With over 1,950 stores, a franchise network, and omni-channel presence, Bata India said it continues to position itself as a market leader in 'blending fashion and comfort', catering to over 260,000 customers daily.
Business Upturn
5 days ago
- Business
- Business Upturn
Bata India Q1 Results: Net profit falls 70.13% YoY to Rs 51.99 crore, revenue marginally down
Bata India Limited announced its financial results for the quarter ended June 30, 2025 (Q1FY26), showing stable revenue but a sharp drop in profitability compared to the same period last year. Revenue from operations stood at ₹ 941.85 crore, marginally lower by 0.29% from ₹ 944.63 crore in Q1FY25. Including other income of ₹ 16.94 crore, total income reached ₹ 958.84 crore, almost unchanged from ₹ 961.21 crore a year ago. However, profits took a significant hit. Profit before exceptional items and tax dropped 10.02% to ₹ 74.85 crore. Profit before tax fell sharply by 67.72% to ₹ 70.07 crore, impacted by the absence of last year's one-time gain on sale of land. Net profit tumbled 70.13% to ₹ 51.99 crore from ₹ 174.06 crore in the year-ago quarter. Despite sluggish consumption trends, the company credited disciplined execution of its affordability strategy, investments in marketing and technology, and an enhanced customer experience for sustaining performance. Bata highlighted improved inventory efficiency in both quantity and quality, supported by better stock turns and forecast accuracy. The Zero Base Merchandising Project, now scaled to 194 stores, continued to deliver positive results in customer engagement and revenue per square foot. On the product front, Bata introduced the Tropical Breeze collection, Power Easy Slide, and Power Move+ lines, alongside the 'Ease, Please' campaign featuring brand ambassador Vir Das, promoting its new Office Sneakers range. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Yahoo
18-02-2025
- Business
- Yahoo
Jollibee Partners with Botrista to Launch Signature Sips Nationwide
SAN FRANCISCO, Feb. 18, 2025 /PRNewswire/ -- In a strategic move that signals the growing importance of automated beverage solutions in the quick-service restaurant industry, Jollibee Foods Corporation (JFC), one of Asia's largest restaurant companies, has partnered with Botrista to revolutionize their beverage program across their U.S. locations. "Botrista is a game changer for the beverage industry. We are excited to invest in a company that creates excellent and innovative products, enabling food service operators to deliver a world-class customer experience and providing a substantial runway for sustained profitable growth," JFC chairman Tony Tan Caktiong said. This landmark partnership brings together Jollibee's global restaurant expertise with Botrista's full beverage program, leveraging their automation technology and Michelin-method drink mastery - creating the perfect partnership to launch their new "Signature Sips" menu. "Jollibee has an extremely high bar when it comes to ingredient standards and top-quality products, making a partnership with them a perfect blend of product thoughtfulness," said Sean Hsu, CEO at Botrista. "Together, we're creating an elevated beverage experience that complements their iconic food offerings while maintaining consistent quality at scale." The partnership comes at a time when consumer demand for creative, customizable beverages continues to surge. Industry research by Botrista shows that 84% of consumers seek unique experiences and bonding when dining out - a key factor in Jollibee's partnership with the company. "We approached the development of the Signature Sips menu with the goal of offering a premium drink experience that would both complement our best-selling food items and encourage people to try Jollibee for the first time," said Nick Bedell, marketing director of Jollibee North America. "Our team drew inspiration from tropical flavors as we tested 46 flavor variations and hundreds of recipes over a rapid process of just 78 days. The result is the unique and refreshing selection we have today." The new Signature Sips menu, powered by Botrista's technology, features an extensive lineup including: Fruit-forward Quenchers like the Tropical Breeze (strawberry, passionfruit, and coconut blend) and Dragonfruit Sunset Creamy frozen Freezes including Coconut Dream and Strawberry Bliss Premium Teas such as Passionfruit Iced Tea and Lychee Iced Tea Specialty items like Sweet Cream Cold Brew Botrista's plug-and-play platform enables Jollibee restaurants to: Introduce premium craft beverages with minimal additional training Create region-specific drink offerings catering to local tastes Maintain consistent quality across locations while reducing preparation time Generate new revenue streams through an expanded beverage menu "We're thrilled to bring these new refreshing drinks to our customers and offer them an elevated and delightful beverage experience that complements our menu perfectly," says Luis Velasco, senior vice president and marketing head at Jollibee Foods Corporation, North America. "Whether it's a midday pick-me-up or a treat to enjoy with your meal, we want every sip to bring a little extra joy to your day. Botrista is making that happen for us." The initial rollout has already shown promising results, with participating restaurants reporting significant increases in beverage sales and customer satisfaction scores. As the partnership develops, both companies plan to collaborate on developing new beverage innovations specifically tailored for various markets, where premium drinks and milk teas continue to see strong growth. About Jollibee Foods Corporation Jollibee Foods Corporation (JFC) is one of Asia's largest food service companies operating in multiple markets worldwide. With more than 70 locations in the United States and over 1,650 across 17 countries, Jollibee is one of the world's fastest-growing restaurant chains. The company operates diverse food concepts, including Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, and has expanded its presence internationally through strategic investments and partnerships. About Botrista Botrista enables partners to easily serve an array of vibrant drinks in order to tackle dynamic consumer trends. With incredible ingredients sourced from around the globe - consumers looking for trending, cold beverages are spoiled for choice. By utilizing an extremely detailed data-driven approach to menu development. Implemented, operated and scaled without any added complexity - Botrista's ever-evolving partnership delivers on quality, consistency and profit. It's 'out of the box' thinking, just in a cup. View original content to download multimedia: SOURCE Botrista Inc. Sign in to access your portfolio
