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Fashion e-tailer Koovs says sales up 87% in India

Fashion e-tailer Koovs says sales up 87% in India

Tuesday, April 4, 2017, 11:26 PM

Fashion e-commerce player Koovs said its sales went up 87% to £18.6 million for the full year-ending March 31, 2017, in a prepared statement. This is a 100% increase in units, claimed the e-tailer which is modelled on the successful UK online-retailer Asos. The company, with a 250-member Gurgaon office and a small design-team which sits in London, expects to generate positive-gross-margins by FY-2018.
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