It recently launched a flagship store in Pune’s Amanora Mall, which is the brand’s 11th 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 recently expanded its offline retail presence by launching a flagship store in Pune’s Amanora Mall, which is the brand’s 11th store and it plans to open its 12th store in Ahmedabad.
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.