AKS Clothings crosses Rs 100 cr mark
By Retail4Growth Team | January 16, 2019
The brand is also actively looking at opening at least 20 stores pan India by mid-2019
AKS Clothings, the online apparel brand of Yuvdhi Apparels Pvt. Ltd, has crossed the Rs 100 crore revenue mark in the third quarter of fiscal year 2018-19, the company said in a statement.
AKS Clothings was started in 2014 by fashionprenuer Nidhi Yadav with a seed capital of Rs 3.5 lakhs. Dealing majorly in ethnic and contemporary wears, the brand offers a plethora of original and comfortable styles in flattering patterns and elegant weaves.
The brand was already selling its products through top online fashion stores such as Myntra, Jabong, and Flipkart and now the company also sells them through its website. The company ships products across India and to countries such as Singapore and Malaysia.
In order to scale up its offline penetration via shop-in-shop and B2B platforms, the company recently opened up two offline stores in Nagaland and is also aggressively working towards opening at least 20 stores pan India by mid-2019. AKS is also part of the Myntra brand Acceleration programme.
Speaking on the achievement, Nidhi Yadav, Founder, and Creative Head, AKS Clothings, said, “It’s a moment of great pride for the entire team of AKS Clothings. Crossing the Rs. 100 crore revenue without any external funding and being profitable all through the journey is indeed a great achievement which wouldn’t be achieved without the support of our creative and hard-working team.”
Launched in Bangalore, the store spans across 5000-6000 sq ft and is positioned as a complete retail experience.