The Hindu Says: Online retail brand Teesort targets RS.100 cr from sales
Online fashion brand Teesort.com is targeting to cross the Rs.100-crore mark in sales by end of this fiscal year.
The New Delhi-based company, founded in 2010, to sell t-shirts for men, had posted about Rs.30 crore in sales last fiscal year with a 42 per cent annual profit. It has touched Rs. 61-crore as of November.
The boot-strapped company among the first in online private brands to make profits. Other brands such as Yepme.com, Zivame and Zovi.com are yet to reach the Rs.100-crore brand and turn profitable.