Indochino Announces 2022 Growth Plans Including Women’s Wear and Retail Expansion Towards 100 Locations

Push Release
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Dec 16, 2021

VANCOUVER, British Columbia,
December 16, 2021(Newswire.com) –

INDOCHINO, the international leader in customized attire, has announced milestones the business expects to attain in 2022. These contain growing into women’s put on, eclipsing 100 retail destinations, and noticeably raising its share of the men’s wedding apparel market place as the brand name anticipates 2022 to be a year of growth and profitability.

“We’re always on the lookout for new strategies to increase our expertise and give top quality, economical produced-to-measure alternatives to a era of adult males, and now females, so I am thrilled for what future calendar year will provide,” claimed Drew Green, President and CEO of INDOCHINO. “We are pretty happy of 2021, and there are several beneficial indicators that 2022 will be our most significant 12 months nonetheless with our enlargement into women’s don, growing retail footprint, and main knowledge encouraging to gas our growth for a long time to occur.”

INDOCHINO will launch its first women’s wear line in 2022, concentrating on a entirely new customer demographic. Organically, INDOCHINO now attracts quite a few girls who obtain a prosperous healthy utilizing its men’s sample, and the decision follows intensive feedback from individuals in search of built-to-measure, personalized clothes crafted from a dedicated women’s pattern.

“We know that several girls are on the lookout for perfectly-tailor-made custom made outfits that won’t expense a fortune and there just isn’t really a customized women’s use brand equivalent to INDOCHINO on the industry,” Inexperienced ongoing. “We have been seeking to fulfill this need for decades but wished to make sure that the timing was ideal, we could do it proper, and the brand was prepared, so I’m delighted to share the news that we will be introducing our very first women’s use assortment future yr.”

To travel further advancement and make its retail encounter far more available, INDOCHINO will surpass a single hundred locations in 2022. The corporation options to expand into new markets such as New Mexico, Kentucky and Alabama, when continuing to maximize its existence in popular current marketplaces these as New York and California.

INDOCHINO at present has 79 destinations throughout North America, giving a personalised assistance exactly where shoppers are skillfully measured and design their just one-of-a-sort fits, shirts, casual wear and outerwear. The new outlets will be in both of those standalone INDOCHINO showrooms and Nordstrom stores, as the manufacturer proceeds to increase its partnership with the luxurious section retail store.

INDOCHINO will target on rising market share of men’s wedding day attire in 2022. This follows a sharp increase in gross sales of tailor made wedding ceremony apparel in 2021, with calendar year-to-day marriage appointments 79% better than the company’s best benchmark.

In November on your own, wedding appointments enhanced 141% above 2019, signaling that INDOCHINO’s marriage ceremony business will go on to build into the new year. This correlates with reports that 2022 is established to be the greatest yr for weddings because 1984* and the manufacturer is wanting to capitalize on the surge, with a intention to be extensively identified as the specialists in men’s wedding apparel.

To support the future marriage ceremony year, INDOCHINO will introduce more materials and product options for grooms and groomsmen. Revenue of tuxedos, a mainstay of official weddings, enhanced by 93% in 2021 compared to 2019 and, launching in 2022, clients will have the capability to style and design any fit cloth as a tuxedo. Buyers can also assume an expanded assortment of its most well-liked ongoing fabric collections, offering wedding ceremony shoppers even much more preference through the calendar year.

*https://marriage ceremony.report/index.cfm/motion/weblog/perspective/submit/pid/1606/title/2021_Covid_19_Marriage_Market_Update

ABOUT INDOCHINO

As the international chief in designed-to-evaluate attire, INDOCHINO has formulated the procuring knowledge of the long run. Born out of the perception that you you should not need to commit a fortune on a custom made wardrobe, INDOCHINO was the first company to disrupt retail by creating perfect-fitting, individualized clothing on a mass scale.

Consumers shop on the internet or in individual at INDOCHINO showrooms, taking on the part of designer to pick out every depth of their garments and make them truly 1-of-a-kind. These are produced to their measurements and delivered to their doorway, inconvenience cost-free.

MEDIA Speak to

Sarah Mayer

[email protected]

Supply: Indochino Attire Inc