Skip to main content

Snitch attains 2.4 % share in men’s e-commerce fashion in India

It recently launched a flagship store in Pune’s Amanora Mall, which is the brand’s 12th store

New Delhi: D2C fashion startup Snitch has acquired a 2.4 % market share in the men’s fashion e-commerce segment, the company announced in a press release on Wednesday.

The brand also reported a 130% increase in sales compared to last fiscal, the release added.

“We are thrilled by the overwhelming growth the brand has witnessed in the past four years. Our journey has been marked by numerous milestones, each reflecting our commitment to excellence and innovation,” said Siddharth Dungarwal, Founder, Snitch.

The brand has 11 stores in cities like Vadodara, Pune, Hyderabad, Bangalore, Surat, and Ahmedabad and it also sells online on its website. It recently expanded its offline retail presence by launching a flagship store in Pune’s Amanora Mall, which is the brand’s 12th store.

Founded in 2020 in Bengaluru, Snitch is a fashion and lifestyle brand selling 15 units per minute across online and retail with a diverse product portfolio in men’s clothing, shoes, perfumes and sunglasses. The brand recently raised Rs. 110 crore in its series A funding round.

It plans to open 40 stores by the end of this fiscal year targeting metro cities like Mumbai and Delhi. Read more about it here.

The post Snitch attains 2.4 % share in men’s e-commerce fashion in India appeared first on India Retailing.



from India Retailing https://ift.tt/xLjTtoR
via IFTTT

Comments

Popular posts from this blog

Eagle Labs launches impirica CBD brand

ST. PETERSBURG, Fla. — Eagle Labs has launched impirica, a new brand of CBD intended to eliminate consumer fear, and increase confidence, in trying the exciting new cannabidiol category. Michael Law Although most Americans have now heard about CBD, many are very confused and concerned about product quality. This is inhibiting trial in the category and holding back conversion into sales. In fact, a 2017 study by Johns Hopkins University found that two out of three CBD products on the shelf did not contain the amount of CBD reflected on the label. Furthermore, in 2018 and 2019, the FDA sent notices to a substantial number of CBD manufacturers advising them of serious concerns about product quality or egregious medical claims. The impirica brand looks different than most CBD brands — the brand name itself connotes testing and trust, says Eagle Labs chief commercial officer Michael Law. “It doesn’t use the traditional category colors of browns and greens, and you won’t find a hemp lea

Coronavirus Recovery: Canadian Small Businesses Must Focus on Easing Employee, Customer Fears

By M. Tina Dacin and Laura Rees A small business has been  given the green light to reopen amid the COVID-19 pandemic . What does it need to consider for employees and customers? Small business owners are reorganizing physical space to account for continued distancing requirements and rethinking supply chains to deliver products and services in new ways to meet changing demand patterns. But they must not forget the hearts and minds of employees and customers. That doesn’t mean replacing a focus on the bottom line, but it helps address the need for a new set of expectations and ways of communicating in terms of product or service offerings, delivery methods and real-time feedback. Based on our expertise in organizational behaviour and past research we’ve conducted, we provide a set of recommendations to help small businesses thrive in our new COVID-19 economy by looking after the hearts and minds of the people most important to businesses — employees and customers. Fear, Anxiety

World's 1st Pizza Subscription Service Launches in Toronto

general assembly subscription user opening delivery box of pizza. photo: general assembly pizza By Mario Toneguzzi Toronto-based General Assembly Pizza has launched what it describes as the world’s first pizza subscription service as it also plans to aggressively expand its product offering in the near future by opening a new concept in the market. "Since opening our doors in 2017, we have pushed for the best guest-experience possible — that's why our dough is 100 percent naturally leavened, that's why we have a purpose-built 400-square-foot pick-up and delivery area, and that's why we’ve launched a direct-to-consumer subscription-based ecommerce platform,” said Founder & CEO Ali Khan Lalani. “In 2020, providing the best guest experience means General Assembly Pizza has to be more than a restaurant. I'm proud to say that after almost six months of planning, many roadblocks, and countless pivots — all while maintaining our day-to-day restaurant operatio