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Men’s fashion brand Snitch to go public in 3 years
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Snitch Men’s Fashion: Making Waves in the Public Market
Economy

Snitch Men’s Fashion: Making Waves in the Public Market

Economy Desk By Economy Desk January 14, 2025 2 Min Read
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Men’s fashion brand Snitch has been making waves in the fashion industry with its unique approach to men’s fashion. Founded in 2020 as a direct-to-consumer brand, Snitch has quickly risen to become one of India’s fastest-growing men’s fashion brands. The company’s founder, Siddharth Dungarwal, has set ambitious goals for the brand, including taking Snitch public in three years and achieving a turnover of ₹1,000 crore by FY26.

In the fiscal year 2024, Snitch recorded revenues of over ₹230 crore, and the company expects to nearly triple this in the current fiscal year, with projected revenues of ₹600 crore. With a market share of 2.4% in the men’s e-commerce fashion space in India, Snitch has established itself as a major player in the industry.

One of Snitch’s key strategies for growth is an aggressive offline expansion plan. The company currently has around 12 stores and plans to open 40 more stores in the current fiscal year. By 2028, Snitch aims to have more than 300 stores, further solidifying its presence in the market.

With a focus on data-driven decisions and a commitment to innovation, Snitch is poised to revolutionize the men’s fashion industry in India. The brand’s emphasis on unconventional fast fashion has resonated with customers, leading to its rapid growth and success in the market.

As Snitch continues to expand and innovate, it will be interesting to see how the brand evolves and shapes the future of men’s fashion in India. Stay tuned for more updates on Snitch as it continues its journey towards achieving its ambitious goals and making a lasting impact on the fashion industry.

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