Soch Achieves Significant Milestone
26 September 2023, Mumbai
Soch, the largest evening-occasion women's ethnic wear brand, achieved a significant milestone during the fiscal year 2022-2023 by crossing the Rs 400 crore mark in topline revenue.
The company also launched 18 new stores in the previous year and plans to double the number of new stores in the current year. Soch's online business also experienced significant growth, recording a 125% increase in revenue.
Vision
The company has a well-defined vision to achieve the Rs 1000 crore mark within the next 3-4 years.
It operates on a distinctive hybrid model that encompasses three core elements: internally driving the design and creative direction for its range, harnessing the capabilities of its expansive supplier network, and utilizing its internal quality control expertise. This approach empowers Soch to maintain aesthetic control while drawing design inspiration and manufacturing capabilities from diverse regions across the country.
Soch is on track to expand its reach significantly and establish an even stronger nationwide presence.