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brand | Industry Updates

Snitch has opened its 16th store in Rajkot.

Published: August 2, 2024
Author: fvcmedia

The company launched its fifteenth location in Vadodara last week.

According to a social media post made by the company’s chief executive on Friday, Bengaluru-based omnichannel fashion firm Snitch has established its 16th location in Rajkot, Gujarat.

“Bringing a fresh fashionable destination to Gujarat’s center! We are excited to declare that our 16th and 100th Snitch stores in Rajkot have opened!” Lead the way, indeed,” stated Chief Marketing Officer (CMO) Chetan Siyal in a LinkedIn post.

The Bengaluru-based fashion and lifestyle business Snitch was established in 2020, and it is quickly growing throughout India. The company has stores in Bangalore, Hyderabad, Pune, Ahmedabad, Vadodara, Gandhinagar, and Surat. Snitch just inaugurated its fourteenth location, its second in Hyderabad.

Snitch has a 2.4% market share in the men’s apparel e-commerce space and has had a notable 130% rise in revenues from the previous fiscal year. The company, which hopes to become the “Zara of India,” has been expanding aggressively since launching its first location in July of last year. By the end of this fiscal year, it hopes to have established 20–30 more locations.

Men’s apparel, accessories, shoes, and eyewear are among the many products offered by Snitch. The company sells 15 units of its merchandise per minute online and in physical stores. The brand’s recent success in raising Rs 110 crore in its Series A fundraising round has further supported its expansion.

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