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Liberty Shoes Limited (LSL) is an Indian shoe company, based in Karnal, Haryana.
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| Company type | Public, (BSE 526596, NSE LIBERTSHOE) |
|---|---|
| Industry | Shoe |
| Founded | 1954 |
| Headquarters | Karnal, Haryana[1] |
Key people | Adesh Gupta (CEO) |
| Products | Footwear |
| Revenue | ~₹ 600 crore (2015) |
| Parent | Liberty Group |
| Website | libertyshoes.com |
Established in 1954, the company produces 60,000 pairs of footwear a day through its six manufacturing units. The shoes are sold through its multi-brand outlets and showrooms. The company has a presence in 25 countries, with 50 showrooms outside India.[2] Adesh Gupta became the CEO of LSL on 16 July 2001.
History
editLiberty Shoes was founded by Dharam Pal Gupta, Purshotam Das Gupta and, Rajkumar Bansal as Pal Boot House in 1954. Liberty Shoes first organized its distribution and exclusive showrooms in 1983, working with Balbir Singh & sons.
The company was incorporated in September 1986 as a public limited company; it obtained the Certificate of Commencement of Business in March 1988. It also set up a joint venture in Russia to manufacture shoes in 1991, working under the name of M/S Liberty & Go. The company markets its product nationally and internationally under the brand name "LIBERTY."
Manufacturing
editLiberty's manufacturing base includes six facilities spread across multiple states, two in Gharaunda and Liberty Puram (Haryana) where its primary and the largest manufacturing units are situated, Paonta Sahib, (Himachal Pradesh) with two units and Roorkee (Uttarakhand).[3]
References
edit- ^ "Liberty Shoes reports 144 pc rise in Q1 net, to issue 1:1 bonus". Business Line. Chennai. 19 July 2005.
- ^ "For life 'n Liberty". Business Line. Chennai. 19 June 2008.
- ^ "Liberty Shoes to set up three units". The Hindu. 28 March 2006. Archived from the original on 28 December 2007.