Tag FILA

Mumbai, September 10, 2024: FILA is excited to unveil its highly anticipated sneaker collection, a perfect fusion of cutting-edge design, advanced technology, and bold aesthetics that redefine athleisure for the modern era. This season’s lineup introduces an array of fresh sneaker stories for the fashion-forward consumer, merging functionality with street-style flair. Embracing FILA’s “Bellissimo” vision, this collection captures the beauty of motion, blends timeless elegance with modern athleticism and pays homage to the bold, comfortable fashion of the 80s and 90s.

Leading the collection is the RI-TSS Series, which brings together retro design language with a modern twist. The RI-TSS BALLAD and RI-TSS HIGH III models feature chunky outsoles and hi-top designs, crafted with a mix of mesh, suede, and textured leather, offering a perfect blend of comfort and style. The soft, voluminous design creates a puffy, padded look. The Retro Jogger Series serves a tangible connection to the history of athletic footwear and carries the theme of nostalgia, with the Retro-Jo Reflect delivering die-cut joggers enhanced by reflective upper materials for a bold, eye-catching look.

For women, the ENVI Series stands out with the Envi Victori and Envi Halli models, both characterized by their chunky, edgy and oversized silhouettes. Featuring premium upper materials like textured PU and mesh, and double lacings, these sneakers come in stylish colorways like beige, black, off-white, and lilac. The globally loved Disruptor Series introduces a new variant with the Disruptor II Wedge, which elevates the classic Disruptor silhouette with a platform outsole.

Another standout in the collection is the Offcourt Series which redefines athleisure with a nod to the ‘tenniscore’ aesthetic. Blending sporty elegance with casual chic, the Offcourt Arche and Offcourt Remy models showcase sleek low-cut designs with embossed branding and FILA tape accents, while the Offcourt Flag Tuho features bold flag branding.

Next is the Sport Style Series, which introduces the Levonte TXR, a new-age design that merges sportstyle with everyday fashion and features iconic flag branding with a blend of mesh, suede, and leather. The Outdoor Sneakers Series debuts with the Grand Tier 2, balancing rugged durability for trekking with stylish versatility for daily wear. Lastly, the Drifter Series presents versatile, comfortable slides like the Drifter Embossed (Candor), Drifter AOP (Embar), and Drifter Padded (Forida), all featuring lightweight outsoles and premium materials for optimal comfort and cushioning.

Alisha Malik, President, Metro Brands Ltd, said, “FILA’s new drops are a perfect homage to its birthplace, Biella, Italy—a hub where Italian craftsmanship meets art and creativity. This legacy shines through in every FILA product, where style and heritage seamlessly blend with comfort. With the introduction of FILA’s global ‘Bellissimo’ vision to India, this new collection marks the start of infusing Italian-inspired fashion into the world of sneakers in India.”

The versatile colorways, from neutral beiges and blacks to vibrant purples and blues, allow wearers to express their style with confidence.

Bengaluru, 10 July, 2024: Hyderabad based leading socks and cotton products manufacturing company Filatex Fashions Ltd has approved 1:5 (5-for-1) stock split to enhance the liquidity in the capital market and widen shareholder base.

Board of directors of the company in the meeting held of 7 June 2024 has approved sub-division of existing 1 Equity Share of face value of Rs. 5 each fully paid up into 5 Equity Shares of Rs. 1 each fully paid up. Post approval of the resolution for sub-division by the shareholders at Extra Ordinary General Meeting (EGM), the record date for the purpose of subdivision of equity shares will be announced. Post sub-division, share capital of the company will stand at Rs. 833.40 crore divided into 8,33,40,72,725 equity shares of Rs. 1 each. The Authorized Share Capital of the Company is Rs. 850 crore.

EGM of the Company for the FY 2024-25 is scheduled to be held on Monday. 15 July, 2024 at 11:00 AM through Video Conferencing or Other Audio Visual Means (OAVM).

Company’s shares are recently admitted to dealings on NSE with a code FILATFASH w.e.f 6 May 2024. Company’s shares were listed on Bombay Stock Exchange since 23 September 1996 and will continue to be listed on the exchange with the scrip code 532022. Company has also appointed Mr. Yash Sethia as Chief Financial Officer (CFO) of the Company from 30th March 2024.

Company board in the meeting held on 6 July has approved to set up a wholly owned subsidiary for export of textile garments and fabrics in Delhi reason being Delhi is a source for readymade goods which can be easily supplied to overseas market. Additionally, board also approved proposal to set up a Corporate Office in Mumbai for business expansion and planning to appoint senior managerial personnel like CEO, head of compliance etc. which will help the company in its smooth business expansion in global markets.

Incorporated in 1995, Filatex Fashions Ltd specializes in socks manufacturing and cotton products with 25 socks-knitting machines with the latest finishing and setting machines, using infrared technology for the first time in India. Filatex Fashions has gained rich experience in the European and Indian market. With manufacturing plants located in Hyderabad, Telangana, the company offers private label services and the option to use its branded label for socks. Company’s clients include renowned brands like FILA, Sergio Tacchini, Adidas, Walt Disney and many other top labels of the fashion world.

Company has a State of art manufacturing unit located at Hyderabad having ultra modern, latest machinery from Korea and Italy with In-house R&D facilities, is on Growth path with various new orders from Leading Brands. Company has a modern state-of-the-art plant spread over 4 acres capable of producing 8.64 million pairs of socks per annum. The company further plans to ramp up production capacity upto 14 million pairs of socks per annum.