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Teesort eyes Rs 500 cr sales in 2-3 yrs, overseas foray

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Press Trust of India New Delhi
Online fashion brand Teesort.Com is eyeing Rs 500 crore turnover in 2-3 years time on the back of new categories of expansion and plans to enter new geographies.

"We have been reporting 300 per cent growth for the last three years. We are eyeing Rs 500 crore turnover in the next 2-3 years as we enter into newer categories and also enter new markets," Teesort Co-founder Alok Agarwal told PTI.

Agarwal said the company is likely to report Rs 100 crore turnover this financial year.

The company is also looking at beginning operations in the overseas markets and venture into regions such as Middle East, South Asia and the US.
 

"We are expanding into multiple geographies. Currently we are in talks to start our operations in Middle East next year," Agarwal said.

The company, which at present sells only men's wear, is also on expanding its product portfolio and will begin offering products for women and kids.

"We are introducing women wear this month and will launch kids wear by first quarter of next calender year," he said.

When asked if Teesort is also looking at offline retailing of its products, he said: "No. Not right now."

Teesort.Com offers t-shirts and casual menswear under Teesort and TSX brands.

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First Published: Dec 13 2015 | 10:57 AM IST

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