Bata India continues to 'explore strategic alliances' amid speculations of partnership talks with Adidas
Bata India has clarified that it "continues to explore opportunities for strategic collaborations and tie-ups". This comes after media reports that Bata is in talks with Adidas over a potential strategic partnership for the Indian market. Bata India's shares on Thursday closed 5.3% higher at Rs 1,733.75 apiece in a downcast Mumbai trading as BSE Sensex had plunged 388 points.
Source: indiatimes.com