City-based gifting retailer Archies has reported strong sales of INR 6 crore via quick commerce platforms like Blinkit, Zepto, and Swiggy Instamart. The͏͏ company͏͏ has͏͏ set͏͏ an͏͏ ambitious͏͏ revenue͏͏ target͏͏ of͏͏ INR͏͏ 15͏͏ to͏͏ 18͏͏ crore͏͏ for͏͏ FY͏͏ 2025,͏͏ reflecting͏͏ a͏͏ significant͏͏ growth͏͏ of͏͏ 150͏͏ to͏͏ 180͏͏ percent͏͏ through͏͏ these͏͏ channels.
“Our͏͏ collaborations͏͏ in͏͏ quick͏͏ commerce͏͏ are͏͏ merely͏͏ the͏͏ first͏͏ step͏͏ as͏͏ we͏͏ strive͏͏ to͏͏ merge͏͏ efficiency͏͏ with͏͏ the͏͏ emotional͏͏ essence͏͏ that͏͏ Archies͏͏ has͏͏ long͏͏ embodied,”͏͏ said͏͏ Varun͏͏ Moolchandani,͏͏ Executive͏͏ Director͏͏ of͏͏ Archies͏͏ Ltd.
International͏͏ Expansion͏͏ Plans:
Building͏͏ on͏͏ its͏͏ quick͏͏ commerce͏͏ success,͏͏ Archies͏͏ is͏͏ poised͏͏ to͏͏ explore͏͏ international͏͏ markets.͏͏ The͏͏ company͏͏ plans͏͏ to͏͏ establish͏͏ a͏͏ presence͏͏ in͏͏ regions͏͏ including͏͏ the͏͏ Middle͏͏ East,͏͏ UK,͏͏ Canada,͏͏ and͏͏ Southeast͏͏ Asia,͏͏ expanding͏͏ its͏͏ customer͏͏ base͏͏ significantly.
Continue͏͏ Exploring:͏͏ Gifting company Archies bets͏͏ big͏͏ on͏͏ quick commerce platforms,͏͏ plans͏͏ global͏͏ expansion
New͏͏ Store͏͏ Openings͏͏ Ahead:
To͏͏ fuel͏͏ its͏͏ growth͏͏ ambitions,͏͏ Archies͏͏ plans͏͏ to͏͏ launch͏͏ 15͏͏ to͏͏ 20͏͏ new͏͏ company-owned͏͏ stores͏͏ by͏͏ the͏͏ end͏͏ of͏͏ FY͏͏ 2025,͏͏ focusing͏͏ on͏͏ premium͏͏ locations͏͏ in͏͏ malls͏͏ and͏͏ upscale͏͏ streets͏͏ across͏͏ North͏͏ India.
The͏͏ brand͏͏ is͏͏ targeting͏͏ around͏͏ 150͏͏ percent͏͏ growth͏͏ in͏͏ FY͏͏ 2025͏͏ and͏͏ is͏͏ currently͏͏ in͏͏ talks͏͏ with͏͏ Open͏͏ Network͏͏ for͏͏ Digital͏͏ Commerce͏͏ (ONDC)͏͏ and͏͏ FirstCry͏͏ to͏͏ strengthen͏͏ its͏͏ online͏͏ presence.͏͏ This͏͏ strategic͏͏ focus͏͏ on͏͏ digital͏͏ channels͏͏ is͏͏ in͏͏ line͏͏ with͏͏ Archies’͏͏ vision͏͏ of͏͏ ensuring͏͏ its͏͏ products͏͏ are͏͏ accessible͏͏ to͏͏ a͏͏ wider͏͏ audience,͏͏ anytime͏͏ and͏͏ anywhere.
With͏͏ a͏͏ legacy͏͏ of͏͏ 45͏͏ years,͏͏ Archies͏͏ has͏͏ established͏͏ itself͏͏ as͏͏ a͏͏ trusted͏͏ name͏͏ in͏͏ greeting͏͏ cards͏͏ and͏͏ gifts,͏͏ offering͏͏ a͏͏ wide͏͏ range͏͏ of͏͏ products͏͏ such͏͏ as͏͏ photo͏͏ albums,͏͏ baby͏͏ books,͏͏ jewelry,͏͏ accessories,͏͏ gift͏͏ hampers,͏͏ perfumes,͏͏ stuffed͏͏ toys,͏͏ and͏͏ more.͏͏ As͏͏ the͏͏ company͏͏ embarks͏͏ on͏͏ this͏͏ ambitious͏͏ growth͏͏ journey,͏͏ it͏͏ remains͏͏ committed͏͏ to͏͏ its͏͏ tradition͏͏ of͏͏ fostering͏͏ connections͏͏ with͏͏ customers͏͏ through͏͏ meaningful͏͏ gifting͏͏ experiences.
