SAPL unveils ambitious expansion plans
Mumbai Mumbai: Springman Apparel Private Limited (SAPL), a leading contract manufacturing company, is creating a stir in the fashion industry with its phenomenal growth and ambitious expansion plans. As the company is raising funds at a valuation of Rs 75 crore with a 10% stake, investors have an attractive opportunity to join SAPL’s remarkable journey.
Achieving unprecedented success:
SAPL has achieved a 10x growth in sales over the last year, driven by a strong pipeline of orders from prestigious clients. Carrying forward this momentum, the company anticipates a remarkable 15x growth in sales in the coming year, solidifying its position as a key player in the fashion industry.
Launching Outlaws: A game-changing private label brand:
SAPL is proud to introduce Outlaws, its own private label clothing brand, which is set to create a stir in the fashion market. Outlaws is the perfect blend of quality, style and affordability, garnering a significant market share and redefining the fashion landscape.
Strong Business Model and Impressive Financial Position:
SAPL’s contract manufacturing business model has an impressive average margin of 16%. With the launch of Outlaws, the company expects to increase its margins to 40% in the coming financial year, driven by increased operational efficiencies and strategic investments.
Strategic Expansion Plans:
- Expanding its own manufacturing unit, further increasing profit margins.
- Investing in marketing initiatives to launch Outlaws on key marketplaces including Myntra, Flipkart, Amazon and its own D2C website.
- Opening 10 exclusive brand stores in tier 2 and 3 cities across India by 2026.
