Mochi’s goes green with it's new Ecoz collection
Mochi Shoes, a sub-brand of India's largest footwear retailer Metro Brands, has developed a new sustainable footwear range dubbed 'Ecoz.'
The Ecoz collection by Mochi is composed entirely of recycled PET bottles.
Metro Brands' in-depth awareness of developing consumer tastes has helped the company to develop and grow its brands. With the launch of Mochi's 'Ecoz' line, the firm demonstrated its commitment to sustainability by manufacturing its footwear from eco-friendly materials. The 'Ecoz' collection features elegant men's shoes manufactured from recycled plastic bottles that are processed into recycled yarn and then into textiles.
“We considered what we as a company could do to improve our sustainability and came up with the idea of making shoes from recycled plastic. We believe that by recycling the present, we can prevent the future from being destroyed. The Ecoz line is all about loving the world, therefore let's all work together to conserve it," stated Alisha Malik, VP Marketing and Ecommerce at Metro Brands Ltd.
Mochi is well-known for its fashionable footwear. Ecoz shoes are priced at Rs. 2890/- and are suitable for travel, work, date evenings, and everything in between.
Ecoz by Mochi will be offered in over 100 locations across India. Customers may shop for their preferred footwear online at www.mochishoes.com/sustainable.
All Mochi locations have adhered to government-mandated security procedures to ensure that your shopping experience is not jeopardised.
Be Awesome and Let's Work Together to Save the Planet.
Metro Brands Limited intends to launch an initial public offering of its equity shares, subject to regulatory clearances, market conditions, and other factors, and has filed a draught red herring prospectus (“DRHP”) with the Securities and Exchange Board of India. The DRHP is available on the SEBI's website, www.sebi.gov.in, as well as the websites of the book running lead managers, Axis Capital Limited at www.axiscapital.co.in, Ambit Private Limited at www.ambit.co, DAM Capital Advisors Limited (Formerly IDFC Securities Limited) at www.damcapital.in, Equirus Capital Private Limited at www.equirus.com, and ICICI Securities Limited at www. Investors should be aware that investing in equity shares entails a high degree of risk; for more information on this risk, see the RHP's "Risk Factors" section, when available. Investors should not make any investing decisions based on the DRHP.
The Equity Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the "US Securities Act"), or any other applicable United States law, and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act.
As a result, the Equity Shares are being offered and sold (a) in the United States only to persons reasonably believed to be "qualified institutional buyers" (as defined in Rule 144A under the United States Securities Act) in transactions exempt from registration under the United States Securities Act, and (b) outside the United States in offshore transactions as defined in and compliant with Regu In the United States, there will be no public offering.