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Liberty Shoes has announced the merger of Liberty Retail Revolutions Ltd (LRRL) with itself to achieve synergy of manufacturing and retailing. The company said the move will get the best retail practices from LRRL. With this merger, Liberty Shoes expects to hit over ₹500 crore in revenue and achieve a growth of 25 per cent, said Anupam Bansal, Director Retail, Liberty Group. With this merger, Liberty Shoes will have 500 exclusive showrooms.
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