New Delhi: Snitch, India’s leading clothing brand for the fashion-forward modern man, today announced its offline retail expansion across diverse Indian geographies while entering into new markets like Pune, Ahmedabad, and Hyderabad in June. As a part of its aggressive expansion strategy, the brand is unveiling seven new stores across these regions to bring a world-class shopping experience to more customers.
The new store locations include Bel Road and Koramangala, Mantri Square in Bengaluru, Amanora and Trebeca in Pune, Shymal in Ahmedabad, Sarath City in Hyderabad, and Earth Euphoria in Vadodara. Under this sprawling expansion, the brand so far opened 9 stores, showcasing its commitment to reaching more fashion-conscious individuals in diverse locations with the best-in-class shopping experience. The brand’s dedication can be seen in opening a new store almost every week!
Commenting on the same, Mr. Siddharth Dungarwal, CEO & Founder of Snitch said, “I am very excited about the opportunities that lie ahead as we expand our reach and connect with more customers across diverse Indian geographies. The strategic retail expansion underscores our commitment to deliver a seamless shopping experience and premium fashion offerings to our valued customers nationwide. “
“Our goal is to make Snitch a household name, offering our unique collections and shopping experience to fashion enthusiasts nationwide. To surpass 30 stores by FY24-25, we are even thrilled about tapping into tier 2, 3, and 4 cities alongside tier 1 cities as we feel that fashion consciousness is rising in these regions at a strong rate.”, he further added.
With the ongoing aggressive offline expansion, Snitch foresees its offline stores playing a pivotal role by contributing 30-40% to the targeted Gross Merchandise Value (GMV) of 600 Crore by FY24-25.
With this robust expansion strategy, Snitch is set to strengthen its position in the Indian fashion industry, making its trendy collections more accessible to customers across nooks and corners of the country. Notably, Snitch boldly competes with international brands like Zara, offering superior quality at competitive prices. The brand aims to capture a major share of the men’s fast fashion segment as it continues its journey of growth and innovation with vigour.
About Snitch:
Encapsulating inspirations from around the globe, Snitch crafts clothing for the fashion-forward modern man. Starting in 2020 as a D2C brand with its website , Snitch.co.in, Snitch offers an unconventional style ethos as a men’s fast fashion brand. It designs styles in response to the latest trends. Snitch made headlines by appearing on Shark Tank India Season 2 and being the only brand to secure an All Shark Deal. Snitch has also recently raised INR 110 Cr. in its Series A funding round. Offering products that align with the latest trends in fast fashion, the brand has carved a unique and unconventional appeal, significantly disrupting the market.