Home / Knowledge / News / Apparel/Garments / Teesort plans overseas foray
Teesort plans overseas foray
Jan '16
New Delhi-based online-only menswear fashion brand Teesort.com is firming up plans for an overseas foray through multiple channels. The company is in talks with e-commerce major Amazon for launch in the US and the UK markets. Teesort also wants to tap the West Asia market and is in talkswith potential local partners for launching their products in the region.

Alok Agarwal, co-founder of Teesort.com said currently, overseas sales happen through the company's Indian portal, which is less than one per cent. “However, we are in the process of finalising a deal with Amazon for an overseas launch in the US and the UK. We are also talking to local partners in the Middle East for a launch there. This should help us achieve the 200 per cent growth that we are anticipating for the fiscal 2015-16," he told Business Standard.

Teesort, which posted net sales of Rs 30 crore in 2014-15, claims to be the only profitable online-only fashion brand at 40 per cent gross margins. It is aiming at net sales of Rs 100 crore for the fiscal 2015-16. According to Agarwal, who co-founded the company in 2010 with his brother Atul Agarwal, Teesort has been growing at around 300 per cent year-on-year. "We are targeting to touch Rs 500 crore in three years," Agarwal said while adding that the company is also looking for strategic investors.

Teesort has over 8,000 different products, and it is in the process of adding more categories. While t-shirts make up for 50 per cent of its sales, Teesort is looking to offer shirts, track pants, sweat shirts, jackets, and bottom wear such as jeans and trousers.

Agarwal said that the company's rate of repeat customers has been almost double than that of the online apparel retail industry. While repeat rates of Teesort hover at around 32 per cent, the industry average is about 18-19 per cent. (SH)

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search