>>
Home / Knowledge / News / Apparel/Garments / Indochino to open 20 new showrooms in North America

Indochino to open 20 new showrooms in North America

16
Jan '19
Courtesy: Indochino
Courtesy: Indochino
Indochino, a leader in custom and made to measure apparel headquartered in Vancouver, Canada, has announced its 2019 North American expansion plans. Following an incredible year of growth in 2018, the company intends to open up to 20 showrooms in North America, expand further into new product categories, and start analysis for international expansion.

The company is continuing to experience high growth, with a 43 per cent year-over-year increase in sales expected in 2018, an anticipated 2016-2018 compound annual growth rate of 55 per cent, and its second EBITDA positive year in a row. The company achieved record success in 2018 with the largest Q4 of growth in its 12 year history, according to a media statement by Indochino.

Indochino will focus 2019 retail growth on the East and West Coasts of the United States. Six showrooms are confirmed to open in the East, with Brooklyn, Greenwich, Manhasset and Paramus in the Tri-State area as well as a second Boston location and a fourth in the Greater Toronto Area. Five more locations are confirmed for the West Coast, with three in California — Roseville, San Diego and San Jose — plus Portland, Oregon, and Bellevue, Washington. Brooklyn will be the first showroom to open on January 18, 2019, followed by Portland on February 1, 2019. Boston’s Seaport district and Roseville near Sacramento, are slated for March. Indochino ended 2018 with 38 showrooms and expects to grow by more than a third in 2019.

Following the success of its new chinos and outerwear programs, which launched in 2018, Indochino will further extend its custom apparel offering beyond formalwear, beginning with casual shirts that will launch in time for summer. Customers can also expect an expanded assortment of suiting and shirting customisations, enabling them to create unique combinations perfectly suited to their personal style.

Indochino is also exploring international expansion. With close to 3 per cent of total sales from customers outside North America where there are no marketing efforts, the company will be investigating opportunities to grow the business globally.

Sustainable growth remains key for the business, with 40 per cent of all purchases in 2018 from repeat customers as loyal fans return to build out their custom wardrobes. Maintaining a strong digital presence is also integral, with 67 per cent of transactions driven through its digital platform via both direct online orders and customers who visit the website to book a showroom appointment.

“2018 was an incredible year at Indochino as we doubled our retail network in North America and positioned ourselves at the forefront of direct-to-consumer brands, who are reimagining retail globally. 2019 is set to be another phenomenal year as we explore more new markets while profitably growing our existing markets, introduce consumers to exciting new custom products and push the boundaries of what it means to be a world-class retailer,” Drew Green, president and CEO of Indochino said. (GK)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 23rd May 2022

Turkiye, UAE sign preliminary deal to boost trade, business

UAE federal export credit agency Etihad Credit Insurance (ECI)...

Pic: Shutterstock

Textiles | On 23rd May 2022

G7 finance ministers agree to deepen multilateral economic cooperation

G7 finance ministers and central bank governors, who recently met in...

Pic: Shutterstock

Textiles | On 23rd May 2022

Bangladesh’s external debt to GDP ratio reaches 21.8%

The ratio of Bangladesh’s external debt to gross domestic product...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Leanne Elliot – Young,

Leanne Elliot – Young

Forging the future of digital discourse, the Institute of Digital Fashion...

Annabelle Georgina Hutter,

Annabelle Georgina Hutter

A Swiss, family-owned and run textile sourcing and supply company...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Claudio Fracasso, FARÈ

Claudio Fracasso
FARÈ

Since 1970, Italy-based company FARÈ has been designing and manufacturing...

Barbara Biosah, Label - Dumebi

Barbara Biosah
Label - Dumebi

Label DUMEBI is a luxury womenswear brand specialising in unconventional...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Ester Kubisz, Label - Ester Kubisz

Ester Kubisz
Label - Ester Kubisz

Ester Kubisz, a London-based designer and founder of her eponymous label,...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Esprit Europe Services GmbH
Zydex Industries
Lectra Technologies India Pvt Ltd.
Gatsby Africa
Thermore (Far East) Ltd.
APLF Limited
Abit
J ;& P Coats
Meera Dyestuff Industries
TESCO INTERNATIONAL SOURCING LIMITED
Itema Weaving (India) Private Limited
Recron Polyester from Reliance Industries Limited
Performance Days
Copenhagen Fashion Summit
IFF Media Ag - International Media Services
TESTEX AG, Swiss Textile Testing Institute
Etam Group Strategy Hong Kong Limited
Phong Phu international JSC (PPJ)
Tradewind International Servicing
Thai Acrylic Fibre Company Limited
Aramark Uniform ;& Career Apparel, LLC
Rayonese Textile Inc., Division de Culp Inc.
DyStar India Pvt. Ltd
International Sourcing Expo Australia
MAS Active / MAS Kreeda / MAS Bodyline
Tommy Hilfiger
Woolmark Services India Pvt. Ltd.
FESPA (Reigate)
BTSR International S.P.A.
Nandan Denim Limited
Color Service s.r.l.
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Chori Company Limited
Alix Partners
Palexpo SA
Equinox Impex India
Stahl Holdings B.V.,
Puma
Saurer Textile Solutions Pvt. Ltd.
IDH – The Sustainable Trade Initiative
Mesdan SPA
Lacoste (Wanchai)
Coats Digital Limited
Helly Hansen Far East Ltd
Xtema - Thomas Lebherz Textilmaschinen
Aquarelle Clothing Limited
Messe Frankfurt Exhibition GmbH
Groz-Beckert KG
Kornit Digital Asia Pacific Ltd
ITMA Services Pte Ltd
China World International Exhibition Company Limited
Eastman Chemical Company
Savio Macchine Tessili S.P.A.
SHAHI Exports Pvt Ltd
G-Star Raw C.V.
Arvind Limited
X-Rite Asia Pacific Limited (HK)
Italian Trade Commission
The Top Form Brassiere Manufacturing Company Limited
BTC Textiles LLC
Varner AS Retail
Lenzing Aktiengesellschaft - India
Grasim Industries Limited
Babyshop
Green Fibre
Maceton Limited
Cat Tuong Real Estate Group Joint Stock Company
Huntsman (Singapore) Pte Ltd
Boardriders Asia Sourcing Limited
Gokaldas Exports Limited
Centric Software
Loris Bellini S.r.l.
Applied DNA Sciences Inc
Sportswear Company Spa
ZAITEX spa
Desigual - ABASIC, S.A.
PVH Corporation
Restoque S.A.
USTER
Page Industries Limited (Bangalore)
Sportmaster Ltd.
Indofil Industries Limited - Specialty & Performance Chemicals Division
Rosset ;& Cia Limited
Seasalt Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Eurofins BLC Leather Technology Centre Ltd
Guess Europe Sagl,
TEXVALLEY MARKET LIMITED
IKEA of Sweden AB
EPCH
C;&A Sourcing International Ltd
CSGIA(China Screen Printing & Graphic Imaging Association)
Lottmann Communications
Lifestyle
THE BOMBAY DYEING ;& MFG.CO. LTD
Recron Polyester from Reliance Industries Limited
SYNERGIES HONG KONG LIMITED
Gap International Sourcing Limited
Infor (Hong Kong) Limited
John Varvatos
VNU Exhibitions Asia
Datatex Consulting Srl
Kern – Liebers Textile
COTTON COUNCIL INTERNATIONAL
EUROVET ASIA LTD
Brandix Lanka Limited
Haelixa AG
The LYCRA Company Singapore  Pte. Ltd
Under Armour Global Sourcing Ltd
Dow Silicones Corporation
Calvin Klein
OVS Hong Kong Sourcing Ltd.
Hirdaramani International Export Private Limited
Zünd Systemtechnik AG
EMBEE CORPORATION
JES MEDIA, INC
Target Corporation (MN)
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Amazon China
Flainox S.r.l.
Splash
Nihalani Events Management
Karl Mayer Textilmaschinenfabrik GmbH
T.T. Limited
Thai Trade Center
Indo Tex
Permoda(Koaj/Armi/Pronto/Bkul)
Newtech Textile Technology Development (Shanghai) Company Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Gloria Jeans
Vardhman Textile Ltd
The LYCRA Company Singapore  Pte. Ltd
BRINKMANN GMBH
Hela Clothing Pvt Ltd
Bluestem Global Sourcing Limited
Benetton Group
G.A.S. unternehmenskommunikation gmbh
TÜYAP IHTISAS FUARLARI A.S.
DuPont de Nemours, Inc.,
KAS Direct Sourcing
Truetzschler India Private Limited
H. Stoll AG & Company KG
Colours India Inc
Alison Hayes Romania
Tchibo GmbH
GIOVANNI BOZZETTO S.p.A.
Reiter India Private Limited
Officina Meccanica Dora Enrico Srl
Jiangsu Yingyang Nonwoven Machinery Company Limited
Taiwan Textile Federation (TTF)
Jindal Worldwide Limited
Vianney Textil Hogar S.A. De C.V.
Walmart
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
LC Waikiki
KIABI
Sateri (Jiujiang) Fiber Co.,Ltd
Bluesign Technologies Ag
Marzoli Machines Textile s.r.l.
Lululemon Athletica Inc
Tuyap Tum Fuarcilik Yapim A.S.
Midas Clothing Limited
Rieter India Private Limited
Istanbul Fuarcilik A.S.
Lenzing Aktiengesellschaft
Decathlon
CGS Inc.
Asos
Lisa S.P.A.
Aleph Srl
Comasia Limited
Inter Expo Center Ltd.
GHCL LIMITED
IIGM Private Limited
NV Michel Van de Wiele
Weitmann & Konrad GmbH & Co. KG
Shanghai  Aige Exhibition Service Co., Ltd
GERBER TECHNOLOGY LTD.
Groz-Beckert East Asia LLP
FULGAR SpA
Pt. Peraga Nusantara Jaya Sakti
Sainsbury's Argos Asia Limited
K AND D ITMACH EXPOSITIONS LLP
Chico’ FAS
Datacolor AG Europe
BIMBA ;& LOLA SL
BIANCA
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Shima Seiki Mfg. Ltd.
Mayer & Cie. GmbH & Co. KG
Messe Duesseldorf
Brückner Trockentechnik GmbH & Co. KG
International Textile Manufacturers Federation
NITI Aayog
Tory Burch Hong Kong Ltd
Landmark Group
UBM China (Shanghai)
N9 World Technologies Private Limited

May 2022

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


Advanced Search