Retail
Snitch opens 111th store, targets ₹900 crore FY26 revenue
Indiranagar outlet marks milestone; brand also pilots 60-minute delivery from stores as dark nodes.
Meera Iyer, Retail correspondent··4 min read
Retail
Indiranagar outlet marks milestone; brand also pilots 60-minute delivery from stores as dark nodes.
Meera Iyer, Retail correspondent··4 min read
Bengaluru-based menswear brand Snitch inaugurated its 111th retail outlet in Indiranagar on or around 26 August. The D2C player, backed by a ₹340 crore Series B, eyes ₹900 crore revenue in FY26, an 80% jump from ₹500 crore in FY25. It plans 300 stores by end-2026 and is testing stores as dark nodes for 60-minute delivery.
Snitch hit 111 stores with the Indiranagar launch in late August, calling the high-traffic spot a local landmark. The brand aims for ₹900 crore revenue this fiscal on the back of the recent funding round.
A till at the new store now doubles as a quick-commerce node in the Bengaluru pilot. Shoppers who discover online can collect or receive in under an hour, raising conversion and cutting return rates for the merchant.
Snitch targets ₹900 crore revenue in FY26 after opening store number 111.
The pace pressures other value menswear and D2C apparel labels on both high-street rents and inventory turns. It helps mall owners fill space with fast-fashion traffic while pure online players face higher customer-acquisition costs.
Watch the national rollout of the 60-minute pilot and the path to 300 stores by year-end for signs of EBITDA breakeven ahead of any listing window.
Filed under Retail·Meera Iyer
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