Cities targeted for expansion Include Bengaluru, Pune, Ahmedabad, Hyderabad and Vadodara
Snitch has unveiled its plans for offline retail expansion across diverse Indian geographies, with a foray into new markets including Pune, Ahmedabad and Hyderabad in the upcoming month of June. The brand’s expansion strategy involves the inauguration of seven new stores across these regions.
The newly identified store locations encompass areas such as Bel Road and Koramangala in Bengaluru, Mantri Square in Pune, Amanora and Trebeca in Pune, Shymal in Ahmedabad, Sarath City in Hyderabad and Earth Euphoria in Vadodara.
Siddharth Dungarwal, CEO and Founder, 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.”
With the ongoing offline expansion, Snitch anticipates its offline stores will contribute significantly to the targeted Gross Merchandise Value (GMV) of Rs 600 crore by FY24-25, aiming for a contribution of 30-40 per cent.
