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flag Progressive Footwear acquires Lakhani Platinum to expand into Tier 2 and 3 markets.

flag Parveen Jagga, founder of Progressive Footwear Pvt. flag Ltd., has acquired the brand rights to 'Lakhani Platinum,' the premium footwear line of the Lakhani Group. flag The acquisition aims to expand the brand into Tier 2 and Tier 3 markets using Progressive Footwear's extensive distribution network. flag The company plans to leverage AI-driven demand planning and enhanced retailer engagement to achieve fivefold growth within three to five years.

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