Maximize your media exposure with our single PR package
XYXX expects monthly revenues to increase to ₹3 crore
17 Oct 19 1 min read
XYXX Apparels Pvt Ltd, a premium category of comfortable inner-wear brand launched in December 2016, is expecting to increase its monthly revenues from ₹2 crore to ₹3 crore in the coming six months. XYXX is aimed at 18-40-year-old male audience, and places the cool, comfortable, and energetic youth of today at the centre of its product development.
Founded by Yogesh Kabra, XYXX recorded sales of ₹12 crore in its first year of operation. XYXX now claims to be India's fastest home-growing brand.
The digital-first brand, XYXX started offline sales only six months ago. In March this year, the young brand received its first round of seed funding of ₹2 crore from Sauce.vc, a venture capital fund focused on investing exclusively in early-stage consumer businesses. Subsequently, in early September 2019 XYXX Apparels raised a pre-series A funding from Sauce.vc again of ₹6 crore.
Advertisement
Fibre2Fashion News Desk (RKS)
Popular News
|
|
UK manufacturing sector sees improved sentiment in April: CBI |
|
|
Chinese spandex hits new low in April, sheds 65% of 2021’s peak value |
|
|
Vietnam's economy to see gradual recovery in 2024: World Bank |
|
|
German brand Puma teams up with KidSuper to redefine sportswear |
|
|
Bangladesh mulls VAT exemption for recycled fibre industry |
|
|
Falling average prices of Chinese apparel exports shows weak demand |
