BlissClub's Revenue Rises To Rs 68 Cr, Losses Widen To Rs 36 Cr
BlissClub, a Bengaluru-based direct-to-consumer (D2C) activewear brand focused on women, witnessed a significant surge in its operating revenue, reaching Rs 68 crore for the financial year ending 31 March 2023. However, the company also experienced increased losses, amounting to Rs 36 crore, marking a fourfold rise compared to the same period in the previous year, according to its regulatory filing. In FY22, BlissClub generated Rs 15 crore in operating revenue while incurring a loss of Rs 9 crore. Originally an online activewear retailer, BlissClub has diversified its operations by venturing into offline stores to compete with fast fashion brands. Despite facing losses, the company has been strategic in expanding its presence. In May 2022, BlissClub successfully raised USD 15 million in a funding round led by Eight Roads Ventures and Elevation Capital. The angel investors, including Sriharsha Majety (Swiggy
Campus Activewear Achieves 200 Stores Milestone Across India, Unveils Its First Exclusive Outlet In Lulu Mall Of Kochi - BW Retail World
D2C Archives - BW Retail World
Sugar Cosmetics Revenue Surges 89% YoY, Eyes Break-Even In FY24 Despite Flat Loss - BW Retail World
Vishwas Gagrani on LinkedIn: Fashiontech startup Blissclub lays off nearly 18% workforce to cut costs:…
Calculated Risk: Inflation Adjusted House Prices 3.8% Below Peak
four fold jump: Latest News & Videos, Photos about four fold jump
Brands Archives - Page 35 of 115 - BW Retail World
Mamaearth - Latest mamaearth , Information & Updates - Retail -ET Retail
Beyours D2C Fashion Brand Sees Revenue Triple, Targets 50 Cr Next
News Archives - Page 29 of 252 - BW Retail World
U.S. GDP Growth Revised Up in Q3; Profits Strengthen & Price Index Stays Firm - Haver Analytics
Sector Archives - Page 5 of 69 - BW Retail World
D2c - Latest d2c , Information & Updates - Retail -ET Retail
D2c - Latest d2c , Information & Updates - Retail -ET Retail
