Rs 5 Cr Pre-Series A funding secured by Louis Stitch from Space World Group
Louis Stitch, a high-end menswear brand, has received Rs 5 crore in pre-Series A funding from Space World Group, a conglomerate with interests in industries like manufacturing, infrastructure, telecom, and chemicals, among others.
In a press release, Louis Stitch stated that the company intended to expand its retail capabilities across all of India while also increasing its product portfolio in the men’s wear sector. During FY24, the brand wants to expand its retail presence in significant urban centers.
Known for its comfortable shoes, clothing, and accessories, Louis Stitch is a high-end men’s fashion label that was established in 2019.
The company is dedicated to sourcing premium materials from Argentina, Russia, Egypt, and Germany and asserts that its YOY growth has increased by three times. Right now, it runs out of a 70,000-square-foot space in Gurugram.
A variety of clothing, accessories, and footwear made for aspirational Indian men will be available at the platform’s first-ever brand outlet, which is currently being launched. With the help of its website and well-known e-commerce sites like Amazon, Flipkart, and Myntra, Louis Stitch has developed a presence across the entire country of India.
