01 December 2022, Mumbai
Stelatoes has opened a store in Mumbai. This is the footwear and accessories brand’s first store in Mumbai and the store houses a large selection of women’s, men’s, and children’s footwear from various brands. Stelatoes focuses on quality and affordability.
Based in New Delhi, Stelatoes, founded in 2004, currently has over 19 stores in cities such as Ludhiana, Chandigarh, Amritsar, Kanpur, Lucknow, Noida, and Mumbai. It also sells through its e-commerce website with pan-India delivery.
The Indian footwear market is growing at seven per cent a year. One of the fastest-growing segments in the shoe market is women’s footwear. Sandals generally feature on top of the list, while other categories such as high heels, ballet flats, slippers, sneakers, etc. are also expanding fast.The shoe demand in India is backed by strong foundational elements such as the rise in per capita income and the growth in the middle class. These days Indian households enjoy a much higher disposable income for shoes, apparels, and other fashion goods. People do not just buy one or two pairs of footwear but a complete wardrobe with various shoes for different occasions. The monumental shift is not just limited to larger cities but also in smaller cities and townships.
