Fashionandyou, an online fashion and lifestyle flash sales website, will now offer premium designer and international brands at up to 80 per cent discounted rates. Under the recently launched segment “Lounge”, the portal will e-tail brands such as Hugo Boss, Versace, Salvatore Ferragamo, Fendi, Coach, Porsche Design, Tory Burch, D&G, DKNYand exclusive designer labels like Garotas, Monica Ricci, Elite Goby, Dogo, Toms, Glam-a-Gal, Free Spirit and Hoodie Buddie among others.
Fashionandyou.com CEO, Aasheesh Mediratta said, “The launch of the “Lounge” is one step further towards our promise to provide our customers with a unique offering of global fashion & differentiated lifestyle brands at great prices. The response to the launch has been overwhelming and the proposition is already contributing to 5 per cent to our topline.”
The Gurgaon-based company has partnered with high fashion and premium brands across fashion apparel, designer wear, handbags, footwear, watches, jewellery, fragrances and home décor. It holds 15+ new sale events per day and delivers to over 10000 pin codes pan India and distribution centres in north and west India.
Modelled on the lines of US-based flash sale portal Zurili and China’s VIP, Fashion&You targets a $1 billion GMV (gross merchandise value) in another seven years. With 250,000-300,000 traffic per day, the company gets about 10,000 orders per day with monthly revenue pegged at Rs 30 crore.
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