Home Fashion Maternity clothing startup MomSoon eyes over 2-fold rise in sales this fiscal

Maternity clothing startup MomSoon eyes over 2-fold rise in sales this fiscal

By  
SHARE

Maternity clothing wear startup is expecting an over two-fold rise in sales this fiscal as it plans to expand retail footprints and online presence, its founder has said. She, however, did not disclose revenue numbers but claimed to have started recording increase in sales from its portal and meeting monthly targets, PTI reported.

Increased home-baking in COVID times, spikes Hershey's sales of syrups, spreads & cocoa powder Chocolate maker Hershey India has witnessed a sharp increase in the sales of its grocery portfolio, which consists of syrups, spreads and cocoa powder, as home baking activities have gone up during the pandemic time, said a company official. According to a PTI report: The company, which looks India as a key focus market, is working on the transformation of its portfolio over the last three years and would continue to look for the growth opportunities here.

“We have limited retail presence. We are planning to set up branded retail outlets in some cities but during the lockdown we have seen huge demand coming on our website. Monthly targets were met within fortnight. At conservative estimates, we are expecting to double our sales this fiscal,” Nahata told PTI.

According to a PTI report: MomSoon was founded two years back by Nahata after she left e-commerce firm post her five-year stint as fashion director.

MomSoon is in talks with as well to start selling its maternity wear soon on its platform.

“Our plans to open retail stores have been put on hold because of the current crisis. However, we are in talks with Myntra to start selling our products on their platform. We are also selling through , , , . We are taking all the routes to reach our target group,” she told PTI.

MomSoon also has plans to start selling dresses made up of virus resistant material.

“We have sourced anti-viral fabric from . Their fabric has cleared all required tests for anti-viral fabric. Designs on the same fabric are undergoing production and we expect to start its sale beginning next month,” Nahata was quoted by PTI as saying.