Focus is to grow at a CAGR of over 20%,’ says Go Fashion CEO Gautam Saraogi, on the growth plans for the company.
Some takeways from go fashions
Avg price of the product 712/unit, will be around 900-1000 going forward
Cost of setting EBOs around 35-37lk including inventory
Payback period for EBOs is around 15-18 mth
The Contribution From Mix Of Top 8 Cities Will Continue To Be 60%
We buy our fabric from fabric mills, give ready to cut fabric to vendors
Outsourcing manufacturing is the right way to go
Vendors not exclusive to us,work on a purchase contract basis
Gross Margins At Ebo Level Is 68%, Co Level At 60%