Liberty Shoes

May 26 (Reuters) - Liberty Shoes Ltd LIBS.NS:

• MARCH-QUARTER PROFIT 53 MILLION RUPEES

• MARCH-QUARTER REVENUE FROM OPERATIONS 2.12 BILLION RUPEES

Source text: ID:nNSEc3VMvc

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Feb 13 (Reuters) - Liberty Shoes Ltd LIBS.NS:

• DEC-QUARTER PROFIT 5.9 MILLION RUPEES

• DEC-QUARTER REVENUE FROM OPERATIONS 1.81 BILLION RUPEES

Source text: ID:nBSE4Tgw6l

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By Arpan Chaturvedi

NEW DELHI, July 2 (Reuters) - An Indian court has revived nine-year-old lawsuits filed by Crocs Inc CROX.O which accused several Indian companies of launching footwear identical to its popular rubber clogs, allowing the U.S. firm to press ahead with its infringement challenges.

The court's announcement late on Tuesday comes just as another international brand, Prada, is facing heat in India for showcasing sandals during a Milan fashion show which were similar to Indian ethnic footwear, sparking a nationwide furore. Prada later acknowledged they were inspired by Indian designs.

Crocs had sued six companies including Switzerland-based Bata's India unit as well as local players Relaxo and Liberty for allegedly copying the shape of its footwear but an Indian court had said in 2019 that the case could not be taken up citing technical grounds.

Crocs however filed an appeal in which the high court on Tuesday gave it permission to pursue the case saying "the dismissal of Crocs’ suits cannot sustain in law."

In the original court challenge, Crocs said the rivals should be restrained from selling the footwear which it called an obvious imitation of its rubber clogs.

Liberty, one of the companies sued by Crocs, argued that

Crocs was not the originator of the designs and it too had merely copied the clog shape of footwear in use by others much prior.

Launched in Colorado in 2002, Crocs' quirky, bright and comfortable resin shoes quickly attracted a cult following. Over the years, they have become popular in India, where they are sold across several footwear stores.

India's footwear market is set to be worth $33.86 billion this year, according to market research firm Statista, and 97% of the market is dominated by non-luxury footwear.

(Reporting by Arpan Chaturvedi
Editing by Alexandra Hudson)

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April 18 (Reuters) - Liberty Shoes Ltd LIBS.NS:

• WITNESSED INCREASED REVENUE FOR Q4

Source text: ID:nBSE9TXnyw

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** Indian footwear stocks jump as Finance Minister Nirmala Sitharaman announces new policy to support domestic leather industry, footwear sector

** Bata India BATA.NS and Metro Brands METB.NS rise 2.2% and 1.8% respectively; Liberty Shoes LIBS.NS jump 6.5%

** Relaxo Footwear RLXO.NS climbs 6%, Khadim India KHAD.NS and Campus Activewear CAMU.NS advance 2.5% and 5.2% respectively

** Sitharaman says policy measures expected to generate employment for 2.2 mln people, achieve revenue of 400 bln rupees

(Reporting by Hritam Mukherjee and Ashna Teresa Britto in Bengaluru)

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Nov 12 (Reuters) - Liberty Shoes Ltd LIBS.NS:

• SEPT-QUARTER PROFIT 9.2 MILLION RUPEES

• SEPT-QUARTER REVENUE FROM OPERATIONS 1.72 BILLION RUPEES

Source text: ID:nNSEZPvlQ

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Aug 9 (Reuters) - Liberty Shoes Ltd LIBS.NS:

• JUNE-QUARTER PROFIT 46.6 MILLION RUPEES

• JUNE-QUARTER REVENUE FROM OPERATIONS 1.56 BILLION RUPEES

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Feb 14 (Reuters) - Liberty Shoes Ltd LIBS.NS:

• LIBERTY SHOES DEC-QUARTER PROFIT 1.8 MILLION RUPEES VERSUS PROFIT 18.5 MILLION RUPEES

• LIBERTY SHOES DEC-QUARTER REVENUE FROM OPERATIONS 1.52 BILLION RUPEES VERSUS 1.59 BILLION RUPEES

Source text for Eikon: ID:nBSE1xbWB6

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Feb 7 (Reuters) - Liberty Shoes Ltd LIBS.NS:

• MASSIVE FIRE BROKE OUT TODAY MORNING AT ONE HALL OF CO’S CENTRAL WAREHOUSE AT PANIPAT

• THERE HAS BEEN NO LOSS OR INJURY TO HUMAN LIFE

• FIRE INCIDENCE HAS CAUSED MASSIVE EFFECT ON CO’S GOODS MANUFACTURED AND STORED IN SUCH HALL OF WAREHOUSE

• IS IN THE PROCESS OF ASCERTAINING THE ACTUAL LOSS CAUSED

• WORKING OF CO AND ITS WAREHOUSE HAS BEEN DISRUPTED

Source text for Eikon: ID:nNSEb3hckr

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Nov 6 (Reuters) - Liberty Shoes Ltd LIBS.NS:

• SEPT-QUARTER PROFIT 26.4 MILLION RUPEES VERSUS 58.8 MILLION RUPEES YEAR AGO

• SEPT-QUARTER REVENUE FROM OPERATIONS 1.72 BILLION RUPEES VERSUS 1.69 BILLION RUPEES YEAR AGO

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Aug 11 (Reuters) - Liberty Shoes Ltd LIBS.NS:

• INDIA'S LIBERTY SHOES JUNE-QUARTER PROFIT 33.5 MILLION RUPEES VERSUS PROFIT 54.7 MILLION RUPEES

• LIBERTY SHOES JUNE-QUARTER REVENUE FROM OPERATIONS 1.43 BILLION RUPEES VERSUS 1.61 BILLION RUPEES

Source text for Eikon: ID:nBSE3SPPsY

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** Shares of Liberty Shoes Ltd LIBS.NS fall as much as 8% to 223.35 rupees, their lowest since April 20

** Footwear maker reports March-qtr loss of 2.9 mln rupees ($35,074.03) vs profit of 4.2 mln rupees a year ago, hurt by higher expenses

** Rev from ops rose 31.2%

** Stock trading below its 50-, 100-, and 200-day moving averages

** Trading volume at ~158,600 shares, below the 30-day avg of ~292,600 shares as of 1:25 p.m. IST

** Stock down ~16.6% so far this year

($1 = 82.6840 Indian rupees)

(Reporting by Biplob Kumar Das in Bengaluru)

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May 30 (Reuters) - Liberty Shoes Ltd LIBS.NS:

• MARCH-QUARTER LOSS 2.9 MILLION RUPEES VERSUS PROFIT 4.2 MILLION RUPEES

• MARCH-QUARTER REVENUE FROM OPERATIONS 1.66 BILLION RUPEES VERSUS 1.27 BILLION RUPEES

Source text for Eikon: ID:nNSEblVC7c

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