Ecommerce News

Myntra expects 8 million shoppers during Big Fashion Festival sale, ET Retail


New Delhi, Myntra is expecting 8 million customers to shop during its upcoming festive season sale, the e-commerce firm said in a statement on Thursday. Myntra CEO Nandita Sinha said the company’s Big Fashion Festival (BFF) is likely to start in the first week of October and continue for about 10 days.

“With over 23 lakh styles from over 6,000 brands, the fourth edition of the Myntra BFF offers one of the biggest assortment of selections across fashion, beauty and lifestyle ever and expects over 8 million customers to shop during the festive carnival,” the company said in a statement.

A recent report by research firm Redseer Strategy Consultants projected online sale during the upcoming festive season to grow 18-20 per cent and touch Rs 90,000 crore this year.

Myntra said its upgraded system can handle up to about 1 million concurrent users.

Going by the indication during Rakhi, Onam, and Ganesh Chaturthi, a heightened interest is expected during the BFF, the company said.

During Rakhi, Onam and Ganesh Chaturthi, the company claims to have recorded a growth of over 100 per cent year-on-year for Indian wears.

The Flipkart group company said it is associated with 17,000 kirana stores and delivers across 19,000 pin codes.

Sinha said the BFF is an opportunity for the industry to gain momentum through new products and to strengthen their base.

After recording a 70 per cent year-on-year growth for D2C players this quarter on the platform, Myntra said the BFF will see over 1.6 lakh styles and 50 new made-in-India D2C brands under the Myntra Rising STARS.

  • Published On Sep 29, 2023 at 07:52 AM IST

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