High Street Essentials that owns women-focused fashion apparel brand FabAlley and Indya has reported Rs 1.3 crore profits on net revenues of Rs 90.2 crore for the financial year ended March 2019, clocking a 70% year-on-year revenue growth.
High Street’s EBITDA stood at Rs 3.3 crore with online channels accounting for around 57% of the sales during the year. The company which currently operates in around 30 brick-and-mortar stores is also going to launch its jewelry brand, Zyra soon. (Source)
Aarzoo is an author at Entrackr who tries to bring in an unbiased perspective while writing about the budding Indian startup ecosystem. Along the way, she also analyses the companies, their numbers, and compiles them. A graduate in Economics from Lady Shri Ram College for women, a will to explore the emerging businesses drives her the most. Connect with her at [email protected].
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