Snitch looks to open 7-8 stores in FY24, expand deeper into Indian cities

Men's fashion brand Snitch looks to expand its presence in small cities and towns and open at least 7-8 offline stores in places like Surat, Mumbai and Pune this financial year, a top company official said. The company has a good presence in Tier-1 and -II cities, Snitch founder Siddharth Dungarwal said. The company has its largest consumer base in Mumbai and Pune followed by Delhi NCR and Bengaluru at present. "The next set of strategies for us is to penetrate deeper into the tiers and geographies, into the Tier III and -IV plus in terms of team building," Dungarwal told PTI. The fashion brand also looking to open 7-8 offline stores this fiscal and take the number of stores to 22 in the next financial year. "Expanding our offline stores now, we'll be doing at least seven to eight offline stores in places like Surat, Mumbai, Pune, and Hyderabad by FY24," he added. The fashion brand started its journey as a B2B player in 2019. It expects a revenue of Rs 250 crore in the current ...

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