En développement
Business·03/05/2026Résumé IA
Libas: From Traditional Indian Wear to Global Fast Fashion Challenger
Libas, a D2C fast fashion brand founded by Sidhant Keshwani, underwent a transformative journey from traditional Indian wear to a modernised ethnic fashion challenger. After a stagnant period at Rs 150-200 crore for three years, the brand pivoted to fast fashion post-Covid-19, achieving Rs 1,000 crore ARR in March 2026. The company now operates 51 standalone stores, works with 600-700 multi-brand outlets, and plans to expand to 100+ stores while targeting global markets like UAE. Facing supply chain challenges due to the US-Iran war operating at 60-65% capacity, Libas raised Rs 150 crore from ICICI Venture in 2024 and expects FY25-26 revenue exceeding Rs 700 crore.
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Economic Times4 min de lecture