Yes, It is true, Red Tape is a Indian brand. Although, not many people are aware that the brand has been part of the world of footwear in India since 1996. So, it’s not a new brand in any way. It is interesting to note that now they’re also in the apparel and accessories industry too.
Red Tape Brand Information
| Brand Name | Red Tape |
| Establishment Year | 1996 |
| Founder(s) | Rashid Ahmed Mirza, Irshad Mirza |
| Headquarters | Noida, Uttar Pradesh, India |
| Industry | Footwear, Apparel, Accessories |
| Product Categories | Formal footwear, casual footwear, Athletic footwear Clothing (shirts or trousers) and Accessories (belts and socks, wallets) |
| Popular Products | Men’s formal leather shoes casual sneakers, shirts Belts, Wallets |
| Market Presence | Global brand is solid in India and more than 24 countries |
| Parent Company | Mirza International Ltd. |
Current Market Position
Red Tape is one of the top brands in India for merchandise that is designed for the lifestyle. There more than 120 Red Tape brand stores spread across 30 township units across India. This is some serious shopping! While it is claimed as the largest locally-owned brand within India however, it is available in more than a dozen countries. There are more than 1200 storefronts, and more than 300 retail stores selling the brand throughout the UK as well as in the US it is sold in more than 500 shops. An international footprint however the core the heart of Red Tape lies in India.
Product Range
What is it that they can provide in Red Tape? They have products for both women and men. They specialize in leather shoes, classic or not, suitable for casual wear or work out, also known as casual styles. There are sneakers with a good reputation both in terms of comfort and appearance. When they entered the business of clothing in the year 2006 Red Tape started selling clothing, including pants, shirts and other items that will make you appear elegant. Accessories such as wallets, belts and socks also find them way to the shop. If you’re looking for a stylish pair of shoes to impress your colleagues or a pair of sneakers for trips for the sea, or a stylish outfit for a special occasion, Red Tape has it all in one place.
Future Outlook
in 2025 Red Tape as a great surprise announced its first bonus share issue with 3 shares per one owned by an investor. The company paid investors in February. This shows the group of enthusiastic promoters at Red Tape, who want to spread the positive feelings for their customers. In the exact same time the Budget was accompanied by some fascinating incentives for the sector of footwear and the finance minister’s reference to helping shoe companies led to an increase in Mirza International’s (Parent company behind Red Tape) share price as well as the stock included at the Bombay Stock Exchange.