Luxury

Fashion startup Newme launches first store in Mumbai


New Delhi: Fashion-tech startup brand, Newme has opened its first offline store at Infiniti Mall, Mumbai, the company said in a press release on Wednesday.

“As we continue to grow, we are excited about the journey ahead, expanding our retail presence to over 12 stores across India in the next year and connecting with even more fashion-forward individuals across the country,” said Sumit Jasoria, co-founder and CEO, Newme.

The company claims that it has witnessed 10 times growth in a single-day Black Friday sale. The brand is now focusing on engaging a wider audience and expanding its retail footprint, the release read.

Established in 2022, Newme targets more than 500 million Gen Z customers in India and Southeast Asia.

  • Published On Dec 6, 2023 at 03:45 PM IST

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