Dhaka : Solidifying its position as a trailblazer in the industry, Apex Footwear Limited recently earned three awards at the Retail Asia Awards 2026, marking its third consecutive year of recognition at the prestigious event. This year, the company won honors in the ‘AI Initiative of the Year’, ‘Footwear Retailer of the Year’, and ‘Sustainability Initiative of the Year’ categories.
The Retail Asia Awards is an annual event organized by Charlton Media Group that
recognizes outstanding retail achievements, technological innovation, and
industry leadership across the Asia-Pacific region. The 2026 awards ceremony
was held at Marina Bay Sands,
Singapore, bringing together leading retailers and brands from across the
region.
Apex had previously secured the ‘Footwear Retailer of
the Year’ and ‘Sustainability Initiative of the Year’ titles for two
consecutive years, in 2024 and 2025, underscoring its sustained excellence in
these fields. In the 2026 edition of the awards, the company also received the
‘AI Initiative of the Year’ accolade, adding a new category to its list of
honors.
This achievement places Apex among a distinguished
group of internationally recognized brands that were also honored at the Retail
Asia Awards 2026, including 7-Eleven Singapore, Birkenstock
South East Asia Pte Ltd, IKEA Hong Kong, MR.DIY, and Watsons Singapore.
Apex was evaluated through a rigorous judging process
by industry leaders from EY-Parthenon, Euromonitor International, KPMG, RSM
Singapore, Kearney, and PwC Australia, among others.
Firoze Mohammad, Chief Executive Officer of Apex,
received the awards on behalf of the brand at the ceremony in Singapore. Md.
Raihan Kabir, Head of Marketing, and Arbabur Rahman, Head of Retail Business,
were also present at the event.
Central to the recent win was the Eid launch of Apex
AI Stylist, marking a milestone deployment of AI in Bangladesh's retail sector.
The digital tool recorded over 83,000 sessions and generated nearly 390,000
recommendations for users. This ecosystem helped fulfill approximately 9,500
digital orders with a 90.4% Customer Satisfaction Score, generating
approximately USD 19.1 million in sales and driving a 7.5% year-on-year growth.
“Proudly Bangladeshi, globally recognized. For three
consecutive years, Retail Asia has honoured Apex – Footwear Retailer,
Sustainability, and now AI Initiative of the Year. These awards belong to every Apexian and every customer who
believed that Bangladeshi quality can stand tall on the global stage. Thank you
for walking with us, year after year,” remarked Firoze Mohammad, CEO of Apex
Footwear Ltd.
On the sustainability front, Apex pioneered
eco-efficiency measures by saving 4.6 million liters of groundwater annually
through rainwater harvesting and operating the country’s only full-phase LWG
Gold-certified Effluent Treatment Plant (ETP). By integrating solar energy and
recycling 451 tons of waste via a PET-to-Product circular economy, Apex cut CO₂
emissions by 2,507.20 tons this past year.
Complementing these industrial and digital milestones
is Apex’s unparalleled physical market presence. Headlined by a USD 5.45
million revenue milestone during the Founder’s Day 2025 event, Apex’s retail
network now exceeds 500 stores nationwide.
Backed by a strategic marketing reach of 32 million
people during Eid, this expansive retail ecosystem caters to over 7 million
shoppers, with 5.8 million registered loyalty consumers maintaining a
remarkable 57% repeat purchase rate, further solidifying Apex’s industry
leadership.
