Indian multi-brand footwear company, Metro Brands, is among four potential Indian franchisees negotiating to bring Foot Locker to India.
The identities of the three other potential franchisees have not been disclosed.
Established in 1977, Metro Brands is among India’s largest footwear retailers, operating 598 stores in the country as of the end of September. Its brand portfolio includes Mochi, Crocs, Fitflop, Walkway, and Davinchi.
Foot Locker, which has been expanding its presence in Asia in the past few years, entered Indonesia in 2021 before expanding into the Philippines last December.
Foot Locker sells footwear and activewear from brands such as Nike, Adidas, Puma, Converse, New Balance, and Vans.