New Delhi, June 24 -- Metro Brands share price jumped over 5% in early trade on Tuesday after the company announced an exclusive partnership with British footwear brand Clarks. Metro Brands shares rallied as much as 5.77% to Rs.1,215.60 apiece on the BSE.

Domestic footwear and accessories retailer Metro Brands said that the exclusive partnership marks Clarks' official comeback to the Indian market.

Under the terms of a long-term distribution agreement, Metro Brands is appointed as Clarks' exclusive Retail and Digital Partner for India and neighboring countries including Bangladesh, Bhutan, Nepal, Maldives and Sri Lanka.

"Metro Brands will manage Clarks' e-commerce operations in India, the official Clarks India website and all digital c...